NOT LISTED FOR SALE

Estimated Value: $110,000 - $134,000

4 Beds
2.5 Baths
2,215 Sq Ft
$53/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $3,501 $2 Per Sq Ft

Est. 3,250% increase in value since last sale

Current estimated payment $724/month

10 Days on Market

Highlights

  • Patio
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of June 2012

LOTS OF ROOM IN THIS GREAT 2 FAMILY. LARGE KITCHEN & LIVING SPACES. FORMAL DINING ROOM AND SOME UPDATES. PLUS, 2-CAR GARAGE. NEEDS TLC. SEE IT TODAY! HUD HOMES SOLD AS-IS. FHA 261-879857. FHA INSURABILITY CODE: UI. LEAD BASED PAINT NOTICES. $1250 COMM TO SELLING BROKER. ACCESS W/HUD KEY - SHOW ANYTIME. LOCKBOX SHOWINGS FOR CONVENIENCE.

Last Agent to Sell the Property

David Reault

Century 21 Professionals Livonia License #6501222131 Listed on: 05/14/2012

Co-Listed By

Kandace Carter

Century 21 Professionals Livonia License #6501346782

Last Buyer's Agent

Kim Page

Front Page Properties License #RCO-6502391774

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x103

Parking

  • Garage

Interior Spaces

  • 2,215 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Patio

Utilities

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

Community Details

  • 2 Units
  • William L Holmes & Frank A Vernors Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I004042S

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2215
  • Total Sq Ft: 2215

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 50000.0000
  • Lot Size Area: 0.07
  • Lot Dimensions: 30X103
  • Parcel Number: W18I004042S
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 1701.0000
  • Tax Amount Winter: 149.0000
  • Total Tax: 1850.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2016
Sold by
The Detroit Land Bank Authority
Bought by
Palacios Walter
Current Estimated Value
$117,266

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Listed on
May 14, 2012
Closed on
Jun 22, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Jc Incorporated
Seller's Agent
David Reault
Century 21 Professionals Livonia
Buyer's Agent
Kim Page
Front Page Properties
List Price
$3,500
Sold Price
$3,501
Premium/Discount to List
$1
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.43%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 16, 2010
Sold by
Chavarria Ricardo C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 30, 2004
Sold by
Vannguyen Nian Van and Tran Lang Thi
Bought by
Chavarria Ricardo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,769
Interest Rate
6.35%
Mortgage Type
FHA
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
Palacios Walter $2,600 Attorney
Detroit Land Bank Authority -- None Available
Jc Incorporated $3,501 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $78,451 None Available
Chavarria Ricardo C $86,100 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavarria Ricardo C $84,769
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $3,501 0.0% $2 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $3,500 -- $2 / 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 $1,027 $28,600 $0 $0
2024 $1,027 $23,900 $0 $0
2023 $1,242 $18,800 $0 $0
2022 $1,315 $16,500 $0 $0
2021 $1,283 $15,000 $0 $0
2020 $1,283 $14,800 $0 $0
2019 $1,265 $12,000 $0 $0
2018 $1,126 $10,400 $0 $0
2017 $190 $10,000 $0 $0
2016 $340 $14,900 $0 $0
2015 $1,490 $14,900 $0 $0
2013 $1,648 $16,476 $0 $0
2010 -- $19,920 $440 $19,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212049241

Realcomp

APN: 18-004042