NOT LISTED FOR SALE

Estimated Value: $161,321 - $219,000

5 Beds
2 Baths
2,620 Sq Ft
$74/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $100,000 $38 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,217/month

67 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Security System Owned
  • Cass Technical High School Rated 10
  • Porch
  • Hot Water Heating System

About This Home

As of April 2023

Back on Market. BUYERS FINANCING FELL THROUGH.
Tremendous investment opportunity. Located minutes from: Avenue of Fashion, University of Detroit Jesuit High School, and many shopping, restaurant venues.
Basement is outfitted as office space, with desks and furniture. Upper and Lower living units need a little TLC.

Located on major public transportation route

Last Agent to Sell the Property

Jim Addison

Coldwell Banker Professionals-GPF License #6506044082 Listed on: 01/16/2023

Coldwell Banker Professionals-GPF

Last Buyer's Agent

Darryl Sanders

Treasure Homes, Inc License #6501228332

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 129.00
  • Fenced

Parking

  • Unassigned Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,620 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W16I008568S

Community Details

Overview

  • 2 Units
  • Canterbury Gardens Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 340.00
  • Year Built: 1927
  • State Equalized Value: 59500.0000
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Circuit Breakers, Laundry Facility, Security Alarm (owned)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Total Sq Ft: 2620

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 129.00
  • Parcel Number: W16I008568S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 2696.0000
  • Tax Amount Winter: 277.0000
  • Total Tax: 2973.0000
  • Taxable Value: 30204.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Apr 26, 2023
Sold by
Magis Llc
Bought by
7333 W Seven Mile Llc
Seller's Agent
Jim Addison
Coldwell Banker Professionals-GPF
Buyer's Agent
Darryl Sanders
Treasure Homes, Inc
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%
Views
158
Current Estimated Value
$194,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,580
Avg. Annual Appreciation
28.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
7333 W Seven Mile Llc $100,000 Ata National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $100,000 -23.1% $38 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $130,000 0.0% $50 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $130,000 0.0% $50 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $130,000 -- $50 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,469 $125,800 $0 $0
2024 $8,469 $111,100 $0 $0
2023 $2,781 $88,200 $0 $0
2022 $2,980 $59,500 $0 $0
2021 $2,893 $33,800 $0 $0
2020 $2,892 $34,400 $0 $0
2019 $2,844 $28,300 $0 $0
2018 $3,552 $361,400 $0 $0
2017 $775 $336,500 $0 $0
2016 $3,943 $40,500 $0 $0
2015 $4,500 $45,000 $0 $0
2013 $240 $0 $0 $0
2010 -- $1,531 $1,531 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230003169

Realcomp

APN: 16-008568