NOT LISTED FOR SALE

Estimated Value: $61,000 - $116,443

4 Beds
2.5 Baths
1,368 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $22,000 $16 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $598/month

7 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Balcony
  • Ceiling Fan

About This Home

As of September 2016

Well cared for multi family property ready to produce income. HIGH ROI. This house features beautiful hardwood floors throughout. Both units have a spacious kitchen, formal dining room, and two bedrooms in both units. Half bath located in shared basement. Utilities are separate. FEATURES NEW ROOF, NEW WINDOWS both units. NEW FURNACE AND HOT WATER HEATER for lower unit.

Last Agent to Sell the Property

Catina Willis

EXP Realty Main License #6506045929 Listed on: 09/04/2016

Last Buyer's Agent

Catina Willis

EXP Realty Main License #6506045929 Listed on: 09/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x103.00
  • Fenced

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • J W Fales Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I014293S

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1368
  • Total Sq Ft: 1368
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Balcony, Deck, Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Separate Meters
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 312500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X103.00
  • Parcel Number: W18I014293S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

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

Tax Info

  • Tax Amount Summer: 823.0000
  • Tax Amount Winter: 89.0000
  • Total Tax: 912.0000

Multi Family

  • Gross Scheduled Income: 13200.00
  • 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

Listed on
Sep 4, 2016
Closed on
Sep 16, 2016
Sold by
Willaims Pearl E
Bought by
Mitchell Rebecca E
Seller's Agent
Catina Willis
EXP Realty Main
Buyer's Agent
Catina Willis
EXP Realty Main
List Price
$25,000
Sold Price
$22,000
Premium/Discount to List
-$3,000
-12%
Current Estimated Value
$91,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,611
Avg. Annual Appreciation
15.21%
Source: Public Records

Range of Values:

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Average Value
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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
Mitchell Rebecca E $22,000 Red Carpet Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $22,000 -12.0% $16 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
09/04/2016 09/04/16 For Sale $25,000 -- $18 / 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 $1,234 $53,400 $0 $0
2024 $1,234 $45,000 $0 $0
2023 $1,197 $35,100 $0 $0
2022 $1,291 $25,300 $0 $0
2021 $1,437 $20,400 $0 $0
2020 $1,295 $17,800 $0 $0
2019 $1,232 $13,300 $0 $0
2018 $1,168 $12,200 $0 $0
2017 $231 $12,200 $0 $0
2016 $979 $9,400 $0 $0
2015 $940 $9,400 $0 $0
2013 $1,124 $13,169 $0 $0
2010 -- $18,869 $691 $18,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216088215

Realcomp

APN: 18-014293