Discover Real EstateLicense #6502384824Listed on: 02/11/2016
Property Details
Home Type
Multi-Family
Year Built
Built in 1940
Lot Details
4,356 Sq Ft Lot
Lot Dimensions are 40.00x106.00
Interior Spaces
2 Full Bathrooms
1,256 Sq Ft Home
2-Story Property
Unfinished Basement
Outdoor Features
Covered patio or porch
Utilities
Forced Air Heating System
Heating System Uses Natural Gas
Natural Gas Water Heater
Community Details
2 Units
Piper's Van Dyke # 06 Subdivision
Listing and Financial Details
Assessor Parcel Number 1333228005
Property Details
Home Type
Multi-Family
Year Built
Built in 1940
Lot Details
0
Listing Details
Property Type: Multifamily
Architecture Style: Upper/Lower Apartment
Architecture Level: 2 Story
Assessment: 71.62
Year Built: 1940
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: 1256
Total Sq Ft: 1256
Sq Ft Total Bsmt: 500
Exterior Features
Foundation Details: Basement
Construction Materials: Aluminum
Frontage Feet: 40
Porch Type: Porch - Covered
Road Frontage Type: Paved
Utilities
Heating Fuel: Natural Gas
Heating: Forced Air
Sewer: Public Sewer (Sewer-Sanitary)
Water Heater Fuel: Natural Gas
Water Source: Public (Municipal)
Laundry Facilities: No
Schools
School District: Van Dyke
Lot Info
List Price per Acre: 263000.0000
Lot Size Area: 0.10
Lot Dimensions: 40.00X106.00
Parcel Number: 1333228005
Zoning: Residential
Rental Info
Monthly Rental Income: 974
Tax Info
Tax Amount Summer: 1373.0000
Tax Amount Winter: 24.0000
Total Tax: 1397.0000
Multi Family
Gross Scheduled Income: 11688.00
Number Of Units Total: 2
Number of Two Bedroom Units: 2
Number Of Units Leased: 1
MLS Schools
School District: Van Dyke
Ownership History
DateNameOwned ForOwner Type
May 2016 - PresentAfm Investment Llc9 Years
Company
Purchase Details
Listed on
Feb 11, 2016
Closed on
May 25, 2016
Sold by
Green Apple Homes Llc
Bought by
Afm Investment Llc
Seller's Agent
Dino Serraiocco
Discover Real Estate
Buyer's Agent
James Douglas
Keller Williams Realty-Great Lakes
List Price
$29,900
Sold Price
$24,100
Premium/Discount to List
-$5,800
-19.4%
Total Days on Market
98
Current Estimated Value
$125,196
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,096
Avg. Annual Appreciation
20.07%
Aug 2014 - May 2016Green Apple Homes Llc1 Year and 9 Months
Company
Purchase Details
Closed on
Aug 13, 2014
Sold by
Dr Congo Llc
Bought by
Green Apple Homes Llc
Nov 2013 - Aug 2014Dr Congo Llc9 Months
Company
Purchase Details
Listed on
Sep 13, 2013
Closed on
Nov 1, 2013
Sold by
Sycamore Homes Llc
Bought by
Dr Congo Llc
Seller's Agent
Glover Agency
KW Professionals
Buyer's Agent
Larry Else
Real Estate Professional Serv
List Price
$39,900
Sold Price
$33,500
Premium/Discount to List
-$6,400
-16.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Jun 2009 - Nov 2013Gmac Mortgage Llc4 Years and 5 Months
Company
Purchase Details
Closed on
Jun 8, 2009
Sold by
Secretary Of Veterans Affairs
Bought by
Gmac Mortgage Llc
Jul 2008 - Jun 2009Gmac Mortgage Llc11 Months
Company
Purchase Details
Closed on
Jul 18, 2008
Sold by
Scruggs Franklin J
Bought by
Gmac Mortgage Llc
Jul 2008 - Jul 2008VaLess than a month
Private Individual
Purchase Details
Closed on
Jul 2, 2008
Sold by
Gmac Mortgage Llc
Bought by
Va
Jun 2001 - Jul 2008Scruggs Franklin J7 Years and 1 Month
Private Individual
Purchase Details
Closed on
Jun 28, 2001
Sold by
Hale Sally E
Bought by
Scruggs Franklin J
Range of Values:
Collateral Analytics
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
Quantarium
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Average Value
Not Available
List Price
Sold Price
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Great opportunity for a value add or a turn key, low risk, income producing rental. Both units are currently rented MTM but well under market. Everything is in good shape and working. Tenants express interest in staying and are current on rent. Both units have separate gas and water meters. Rent includes water. Please do not disturb tenants or approach the home without authorization.
Great opportunity to acquire this well kept, rock solid multi-family w/2 generously sized bedrooms in each unit. Located on an extremely nice block that emits pride of ownership! The first floor unit has a large picture window that affords plenty of natural sunlight, a natural fireplace and large functional kitchen. The 2nd floor has a large open kitchen that leads to the living room/dining area
Tax AssessmentTax 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.
This home is located at 7536 Maxwell Ave, Warren, MI 48091 since 11 February 2016 and is currently estimated at $125,196, approximately $99 per square foot. This property was built in 1940. 7536 Maxwell Ave is a home located in Macomb County with nearby schools including Lincoln Middle School, Lincoln High School, and Center Line Preparatory Academy.
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.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS Copyright 2025 Realcomp II Ltd. Shareholders 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