NOT LISTED FOR SALE

Estimated Value: $116,000 - $141,000

4 Beds
2 Baths
1,574 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $115,000 $73 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $885/month

11 Days on Market

About This Home

As of May 2022

Whether you are looking for an investment property or a place to live, this is a turnkey opportunity to do both! This duplex is already rent certified and has a property management company in place, if needed. The lower unit has a brand new furnace and there is currently a long-term tenant who pays $800 per month. Each unit is 900 sq. ft. and consists of two bedrooms and one bathroom. There is updated plumbing, two separate 100A meters, vinyl windows and the roof is good condition. This is a great real estate opportunity that will not last. Live in one unit and rent out the other or just rent out both! The choice is yours. Think for your future and invest today!

Last Agent to Sell the Property

Omar Ghazzawi

Keller Williams Legacy License #6501370114 Listed on: 04/27/2022

Keller Williams Legacy

Last Buyer's Agent

Tom Ball

Real Estate One-Detroit License #RCO-6501317794

Real Estate One-Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00
  • Property fronts a private road

Home Design

  • Duplex
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,574 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W20I003803S

Community Details

Overview

  • 2 Units
  • Cahalans Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,340

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 18000.0000
  • 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: 1574
  • Total Sq Ft: 1574
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Private

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W20I003803S
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 800

Tax Info

  • Tax Amount Summer: 1221.0000
  • Tax Amount Winter: 119.0000
  • Total Tax: 1340.0000
  • Taxable Value: 12605.0000

Multi Family

  • Gross Scheduled Income: 9600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Dec 3, 2018
Sold by
J & R Blue Llc
Bought by
Wealth Partners Llc
Seller's Agent
Larry Else
Realtyflo Inc
Buyer's Agent
Rich Howard
Coldwell Banker Metro Real Estate
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%
Current Estimated Value
$131,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,832
Avg. Annual Appreciation
8.66%
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
Wealth Partners Llc $75,000 None Available
J & R Blue Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $115,000 -8.0% $73 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $125,000 0.0% $79 / Sq Ft
03/24/2021 03/24/21 Rented $650 0.0% --
12/22/2020 12/22/20 For Rent $650 -13.3% --
05/01/2020 05/01/20 Rented $750 -6.3% --
05/01/2020 05/01/20 Under Contract -- -- --
02/04/2020 02/04/20 For Rent $800 0.0% --
12/03/2019 12/03/19 Rented $800 0.0% --
10/20/2019 10/20/19 For Rent $800 0.0% --
03/05/2019 03/05/19 Rented $800 0.0% --
01/13/2019 01/13/19 Price Changed $800 +3.2% $1 / Sq Ft
01/10/2019 01/10/19 For Rent $775 0.0% --
12/07/2018 12/07/18 Sold $75,000 -5.1% $42 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/27/2018 10/27/18 For Sale $79,000 -- $44 / 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 $2,196 $41,600 $0 $0
2024 $2,196 $34,000 $0 $0
2023 $2,380 $26,500 $0 $0
2022 $1,678 $22,000 $0 $0
2021 $1,440 $18,000 $0 $0
2020 $1,440 $16,000 $0 $0
2019 $1,320 $12,200 $0 $0
2018 $803 $9,500 $0 $0
2017 $136 $9,300 $0 $0
2016 $972 $13,400 $0 $0
2015 $750 $7,500 $0 $0
2013 $1,075 $14,892 $0 $0
2010 -- $21,338 $524 $20,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220030775

Realcomp

APN: 20-003803