NOT LISTED FOR SALE

Estimated Value: $264,000 - $347,000

4 Beds
2 Baths
1,861 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 10, 2015

Last sale price $40,000 $21 Per Sq Ft

Est. 682% increase in value since last sale

Current estimated payment $2,047/month

4 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Private Entrance
  • Porch
  • Garage
  • Fenced

About This Home

As of November 2015

An investors dream, property sold "as is". Short Sale. All measurements are approx. Buyer and Buyer agent to verify all information.

Last Agent to Sell the Property

Sam Jawad

The Signature Group Realty, LLC License #6501349802 Listed on: 03/27/2015

Last Buyer's Agent

Sam Jawad

The Signature Group Realty, LLC License #6501349802 Listed on: 03/27/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00
  • Private Entrance
  • Fenced

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,861 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Oakman Aviation Field No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821005435024

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1943
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished, Walkout Access
  • Sq Ft Combined: 1861
  • Total Sq Ft: 1861
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Dearborn

Lot Info

  • List Price per Acre: 408181.8182
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: 32821005435024
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 550

Tax Info

  • Tax Amount Summer: 3407.0000
  • Tax Amount Winter: 362.0000
  • Total Tax: 3769.0000

Multi Family

  • Gross Scheduled Income: 6600.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Sold by
Bazzi Ali H and Saad Angela
Bought by
Fares Investment Group Ii
Current Estimated Value
$312,805

Purchase Details

Closed on
Jan 22, 2016
Sold by
Watfa Chadi and Moujir Jamila
Bought by
Bazzi Ali H

Purchase Details

Listed on
Mar 27, 2015
Closed on
Nov 10, 2015
Sold by
Ali Watfa Chadi and Ali Jawad Houssam
Bought by
Bazzi Ali H
Seller's Agent
Sam Jawad
The Signature Group Realty, LLC
Buyer's Agent
Sam Jawad
The Signature Group Realty, LLC
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.12%

Purchase Details

Closed on
Mar 7, 2007
Sold by
Chehwane Joseph
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Nov 3, 2004
Sold by
Chehwane Joseph
Bought by
Fawaz Joumana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Restum Sebastian
Bought by
Chehwane Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
Restum Sabastian
Bought by
Union Planters Bank Na

Purchase Details

Closed on
Feb 15, 2001
Sold by
Irani Ghada
Bought by
Restum Sabastian

Purchase Details

Closed on
Feb 6, 1997
Sold by
Mariam Retum and Mariam Sabastian
Bought by
Ghada Irani
Source: Public Records

Range of Values:

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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
Fares Investment Group Ii $60,000 Title One Inc
Bazzi Ali H -- Attorney
Bazzi Ali H $35,000 None Available
Chase Home Finance Llc $168,000 None Available
Fawaz Joumana -- --
Chehwane Joseph $189,000 Franklin Title Agency
Union Planters Bank Na $138,750 --
Restum Sabastian -- --
Ghada Irani $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chehwane Joseph $151,200
Closed Chehwane Joseph $37,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2015 11/10/15 Sold $40,000 -10.9% $21 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $44,900 -- $24 / 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 $4,600 $154,300 $0 $0
2024 $4,600 $121,200 $0 $0
2023 $4,091 $114,700 $0 $0
2022 $4,710 $94,400 $0 $0
2021 $5,487 $88,700 $0 $0
2019 $4,759 $72,500 $0 $0
2018 $4,133 $68,100 $0 $0
2017 $972 $59,900 $0 $0
2016 $3,865 $60,300 $0 $0
2015 $4,563 $50,100 $0 $0
2013 $4,420 $44,200 $0 $0
2011 -- $50,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215028235

Realcomp

APN: 32-10-054-35-024