NOT LISTED FOR SALE

Estimated Value: $123,739 - $174,000

6 Beds
2 Baths
2,422 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $85,000 $35 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $899/month

14 Days on Market

About This Home

As of December 2020

Investment opportunity in up and coming Virginia Park! Solid duplex demo'd to the studs and ready for rehab. Potential for up to 3 units. Excellent flip or long term rental opportunity for the savvy investor. Close proximity to New Center, La Salle Gardens, Henry Ford Hospital, Motown Museum.

Last Agent to Sell the Property

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 12/07/2020

Co-Listed By

Alex Lauer

Clyde Realty LLC License #6501387117

Last Buyer's Agent

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 12/07/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35.00x150.00
  • Property fronts a private road

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,422 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W08I005751S

Community Details

Overview

  • 2 Units
  • Lothrop & Duffield Blvd Pk Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,087

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 3 Story
  • Assessment: 340
  • Year Built: 1915
  • State Equalized Value: 12900.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2422
  • Total Sq Ft: 2422
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Private

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Sewer at Street
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 825000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 35.00X150.00
  • Parcel Number: W08I005751S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1008.0000
  • Tax Amount Winter: 79.0000
  • Total Tax: 1087.0000
  • Taxable Value: 8451.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Dec 28, 2020
Sold by
Summerville Jonathan
Bought by
Gutierrez Ricardo S
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
Ben Ness
Clyde Realty LLC
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$142,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,685
Avg. Annual Appreciation
11.86%

Purchase Details

Closed on
Mar 4, 2017
Sold by
Canopus Inv2 Llc
Bought by
Summerville Jonathan

Purchase Details

Closed on
Nov 10, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Canopus Inv2 Llc

Purchase Details

Closed on
Oct 31, 2009
Sold by
Baker Charles and Baker Lois
Bought by
St Anne Community Service Organization

Purchase Details

Closed on
Apr 26, 2006
Sold by
Churchill Baker Properties Llc
Bought by
Baker Charles

Purchase Details

Closed on
Jun 21, 2005
Sold by
Baker Lois
Bought by
Churchill Baker Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,450
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 2003
Sold by
Wright Carol
Bought by
Us Bank Na and Csfb Heat Series 2002-3
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
Gutierrez Ricardo S $85,000 Regions Title Agency Llc
Guberr Ricardo S $85,000 Regions Title
Summerville Jonathan $30,100 None Available
Canopus Inv2 Llc $3,296 None Available
St Anne Community Service Organization $1,000 None Available
St Anne Community Service Organization $1,000 None Available
Baker Charles -- Enterprise Title Solutions
Churchill Baker Properties Llc -- --
Us Bank Na $67,489 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Ricardo S $189,000
Previous Owner Baker Lois $47,450
Previous Owner Baker Lois $21,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $85,000 -14.1% $35 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $99,000 -- $41 / 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 $1,455 $81,500 $0 $0
2024 $1,455 $72,600 $0 $0
2023 $1,659 $51,100 $0 $0
2022 $1,767 $23,600 $0 $0
2021 $1,792 $15,800 $0 $0
2020 $1,088 $12,900 $0 $0
2019 $1,074 $9,900 $0 $0
2018 $964 $8,100 $0 $0
2017 $146 $7,700 $0 $0
2016 $1,150 $21,800 $0 $0
2015 $960 $9,600 $0 $0
2013 $1,329 $13,287 $0 $0
2010 -- $19,037 $758 $18,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200098634

Realcomp

APN: 08-005751