Seller's Agent in 2019
Brandon Lee
O'Connor Realty Detroit, LLC
(313) 963-9761
2 in this area
14 Total Sales
820 Vinewood St Detroit, MI 48216
Southwest Detroit Neighborhood
10
Beds
5
Baths
7,520
Sq Ft
7,405
Sq Ft Lot
Highlights
- Porch
- Forced Air Heating System
- Fenced
- Cass Technical High School Rated 10
About This Home
As of March 2019Unique multifamily property located in desirable Hubbard Farms consisting of 5 townhouses. Each townhouse has its own porch, 2 bedrooms, basement, bathroom and attic. Walk-up attic in one unit can be finished for a 4rd bedroom. Great opportunity for an investor to make improvements and increase rents to capture new housing demand from the nearby Ford Corktown campus development. Individual furnaces and water heaters in each unit. Water, Gas and electricity individually metered and billed directly to the tenants. Ample on-street parking for tenants. 1 unit is currently tenant occupied. 2 units need rehab.
Last Agent to Sell the Property
O'Connor Realty Detroit, LLC License #6501306924 Listed on: 08/27/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1904
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50.27x150.00
- Fenced
Parking
- On-Street Parking
Home Design
- Block Foundation
- Masonry
Interior Spaces
- 5 Full Bathrooms
- 7,520 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 5 Units
- More Than One Subdivision Involved
Listing and Financial Details
- Assessor Parcel Number W14I008725S
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2018
Closed on
Mar 6, 2019
Sold by
Radziewicz Brad
Bought by
Inkwell V Towns Llc
Seller's Agent
Brandon Lee
O'Connor Realty Detroit, LLC
Buyer's Agent
MICHAEL SALMACI
ARG Realty
List Price
$450,000
Sold Price
$300,000
Premium/Discount to List
-$150,000
-33.33%
Purchase Details
Closed on
Jul 9, 2014
Sold by
Garcia Maria Elena
Bought by
Radziewicz Brad
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Inkwell V Towns Llc | -- | Liberty Title | |
| Radziewicz Brad | $55,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Inkwell Vtowns Llc | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2019 03/06/19 | Sold | $300,000 | -33.3% | $40 / Sq Ft |
| 01/21/2019 01/21/19 | Pending | -- | -- | -- |
| 01/14/2019 01/14/19 | For Sale | $450,000 | 0.0% | $60 / Sq Ft |
| 12/03/2018 12/03/18 | Pending | -- | -- | -- |
| 11/01/2018 11/01/18 | Price Changed | $450,000 | -13.5% | $60 / Sq Ft |
| 09/15/2018 09/15/18 | Price Changed | $520,000 | -13.3% | $69 / Sq Ft |
| 08/27/2018 08/27/18 | For Sale | $600,000 | -- | $80 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $7,137 | $271,400 | $0 | $0 |
| 2024 | $7,137 | $255,500 | $0 | $0 |
| 2023 | $6,949 | $169,100 | $0 | $0 |
| 2022 | $4,101 | $111,700 | $0 | $0 |
| 2021 | $3,969 | $75,200 | $0 | $0 |
| 2020 | $4,107 | $43,700 | $0 | $0 |
| 2019 | $1,208 | $32,900 | $0 | $0 |
| 2018 | $1,078 | $30,500 | $0 | $0 |
| 2017 | $178 | $27,300 | $0 | $0 |
| 2016 | $1,167 | $85,000 | $0 | $0 |
| 2015 | $980 | $9,800 | $0 | $0 |
| 2013 | $1,090 | $10,898 | $0 | $0 |
| 2010 | -- | $15,614 | $1,456 | $14,158 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
MICHAEL SALMACI
ARG Realty
(313) 333-0111
103 Total Sales
Map
Source: Realcomp
MLS Number: 218083265
APN: 14-008725
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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