NOT LISTED FOR SALE

7500 Montrose St Detroit, MI 48228

Warren Avenue Community Neighborhood

Estimated Value: $109,119 - $145,000

3 Beds
2 Baths
1,628 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $85,170 $52 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $823/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of October 2021

BEAUTIFUL BRICK COLONIAL, GREAT RENTAL PROPERTY OR EASILY CONVERTED TO A SINGLE FAMILY. NEW CARPET THRUOUT FRESHLY PAINTED. FULL BASEMENT WITH A THIRD BATH, 2 CAR GARAGE, FURNACE AND WATER TANK ARE IN STORAGE AND WILL BE INSTALLED DAY OF CLOSING, BASEMENT REFRIGERATOR EXCLUDED

Last Agent to Sell the Property

Sherri Saad

RE/MAX Leading Edge License #6502392274 Listed on: 05/20/2021

RE/MAX Leading Edge

Last Buyer's Agent

Crystal Hardison

EXP Realty LLC License #RCO-6504202557

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x131.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,628 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W22I052835S

Community Details

Overview

  • 2 Units
  • Gaynor Park Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,334

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1929
  • State Equalized Value: 15100.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1628
  • Total Sq Ft: 1628
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 708333.3300
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X131.00
  • Parcel Number: W22I052835S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 1100

Tax Info

  • Tax Amount Summer: 1217.0000
  • Tax Amount Winter: 117.0000
  • Total Tax: 1334.0000
  • Taxable Value: 12371.0000

Multi Family

  • Gross Scheduled Income: 13200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Obadi Rafiq Ayed Nagi
Bought by
Obadi Sami Rafiq Ayed N
Current Estimated Value
$121,030

Purchase Details

Listed on
May 20, 2021
Closed on
Oct 14, 2021
Sold by
Estate Of Reba Lee Hawkins
Bought by
Obadi Raflq A
Seller's Agent
Sherri Saad
RE/MAX Leading Edge
Buyer's Agent
Crystal Hardison
EXP Realty LLC
List Price
$85,000
Sold Price
$85,170
Premium/Discount to List
$170
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
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
Obadi Sami Rafiq Ayed N -- None Listed On Document
Obadi Raflq A $85,170 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $85,170 +0.2% $52 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $85,000 -- $52 / 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 $2,144 $49,000 $0 $0
2024 $2,144 $41,300 $0 $0
2023 $2,083 $33,100 $0 $0
2022 $2,233 $22,800 $0 $0
2021 $1,335 $17,200 $0 $0
2020 $1,335 $15,100 $0 $0
2019 $1,314 $13,900 $0 $0
2018 $1,153 $14,500 $0 $0
2017 $220 $14,400 $0 $0
2016 $1,264 $15,800 $0 $0
2015 $1,148 $15,800 $0 $0
2013 $2,224 $22,240 $0 $0
2010 -- $31,866 $1,008 $30,858
Source: Public Records

Agents Affiliated with this Home

  • Sherri Saad

    Seller's Agent in 2021

    Sherri Saad

    RE/MAX

    (313) 598-5322

    1 in this area

    556 Total Sales

    Sherri Saad
    Section Image
  • Crystal Hardison

    Buyer's Agent in 2021

    Crystal Hardison

    EXP Realty LLC

    (313) 790-4484

    2 in this area

    64 Total Sales

    Crystal Hardison
    Section Image
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Map

Source: Realcomp

MLS Number: 2210037531

Realcomp

APN: 22-052835

Michigan Wayne County Detroit 48228 Warren Avenue Community

7500 Montrose St, Detroit, MI

This home is located at 7500 Montrose St, Detroit, MI 48228 since 20 May 2021 and is currently estimated at $121,030, approximately $74 per square foot. This property was built in 1929. 7500 Montrose St is a home located in Wayne County with nearby schools including Gardner Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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