NOT LISTED FOR SALE

Estimated Value: $236,000 - $317,000

8 Beds
4 Baths
2,856 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $101,000 $35 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,740/month

6 Days on Market

About This Home

As of April 2021

830 Philip Street is a four-unit, multi-family investment property in Jefferson Chalmers near the Jefferson Avenue commercial corridor. The stoic brick residential building contains a gross square footage of approximately 2,856 square feet and contains four two-bedroom / one-bathroom units. Much of the original woodwork and hardwood floors are still intact, and while the building has a newer roof and some new windows, it is in need of a complete renovation. One of the listing agents is the owner. Highest and best due Tuesday, March 16th at 5:00 PM

Last Agent to Sell the Property

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 03/10/2021

Co-Listed By

Brent Maxwell

Propfoxx License #6501345023

Last Buyer's Agent

Jenn Smith

Preservation Hound Realty LLC License #6502432643

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1917

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00x111.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,856 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W21I060023S

Community Details

Overview

  • 4 Units
  • Campbells Herbert Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$592

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1917
  • State Equalized Value: 21300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2856
  • Total Sq Ft: 2856
  • Sq Ft Total Bsmt: 1428

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Sewer-Sanitary
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 562500.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00X111.00
  • Parcel Number: W21I060023S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 555.0000
  • Tax Amount Winter: 37.0000
  • Total Tax: 592.0000
  • Taxable Value: 3987.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 7, 2021
Sold by
Punta Mita Llc
Bought by
Metro Detroit Properties Llc
Seller's Agent
Vincent Mazzola
O'Connor Realty Detroit, LLC
Buyer's Agent
Jenn Smith
Preservation Hound Realty LLC
List Price
$67,500
Sold Price
$101,000
Premium/Discount to List
$33,500
49.63%
Current Estimated Value
$280,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,938
Avg. Annual Appreciation
25.53%

Purchase Details

Closed on
Dec 17, 2020
Sold by
Msc Investment Trust
Bought by
Punta Mita Llc

Purchase Details

Closed on
Dec 11, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Msc Investment Trust
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
Metro Detroit Properties Llc $101,000 None Available
Punta Mita Llc $30,000 Speedy T&E Services Llc
Msc Investment Trust $10,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $101,000 +49.6% $35 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $67,500 -- $24 / 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 $2,934 $87,600 $0 $0
2024 $2,934 $60,200 $0 $0
2023 $2,786 $45,600 $0 $0
2022 $2,994 $31,500 $0 $0
2021 $593 $25,000 $0 $0
2020 $593 $21,300 $0 $0
2019 $586 $15,800 $0 $0
2018 $634 $16,400 $0 $0
2017 $71 $16,800 $0 $0
2016 $670 $3,700 $0 $0
2015 $370 $3,700 $0 $0
2013 $390 $3,896 $0 $0
2010 -- $5,712 $657 $5,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210015591

Realcomp

APN: 21-060023