NOT LISTED FOR SALE

Estimated Value: $331,000 - $415,000

4 Beds
2 Baths
1,810 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $194,900 $108 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,389/month

14 Days on Market

Highlights

  • Patio
  • Ceiling Fan
  • 3 Car Garage
  • Lewis Maire Elementary School Rated A
  • Hot Water Heating System
  • 5-minute walk to Rotary Tot Lot

About This Home

As of August 2016

Back on the market! Fantastic two family in the City! Close to the Village, schools and the k-line trolley! Both units nicely updated while still maintaining old world charm in the leaded doors, windows,wet plaster and hardwood floors. Upper with newer kitchen,spacious room sizes, porch, French doors and huge closets. Lower with front enclosed porch and spacious living room and dining room. 3 car garage, separate basements. Lower rents at $850 month to month. Upper owner occupied currently.

Last Listed By

Shana Sine-Cameron

Sine & Monaghan LLC License #6501257894 Listed on: 05/27/2016

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50.00x179

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,810 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Outdoor Features

  • Patio

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Amndp Of St Clair Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37002040051001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,414

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 2410
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1810
  • Sq Ft Total Bsmt: 1024

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 974500.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 50.00X179
  • Parcel Number: 37002040051001
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 850

Tax Info

  • Tax Amount Summer: 2330.0000
  • Tax Amount Winter: 2084.0000
  • Total Tax: 4414.0000

Multi Family

  • Gross Scheduled Income: 10200.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Aug 16, 2016
Sold by
Olson Nels L and Olson Mary Ann
Bought by
Alvarez Matias
Seller's Agent
Shana Sine-Cameron
Sine & Monaghan LLC
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
List Price
$194,900
Sold Price
$194,900
Total Days on Market
14
Current Estimated Value
$367,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,845
Avg. Annual Appreciation
7.59%
Original Mortgage
$175,410
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Grosse Pointe, MI

  • 963 965 Harcourt, Grosse Pointe, MI 48230

    $410,000

    • 4 Beds
    • 2 Baths
    • 2,728 Sq Ft
    • 963 965 Harcourt
    • Grosse Pointe, MI

    NICELY MAINTAINED TWO FAMILY IN A DESIRABLE WINDMILL POINTE LOCATION. LARGE ROOM SIZES, TW0 BEDROOMS WITH ONE BATH ON EACH FLOOR. BATHS HAVE A SEPARATE TYUB AND SHOWER. EACH UNIT HAS AN EAT-IN KITCHEN, FIREPLACE, HARDWOOD FLOORS, AND A REAR DEC K. SEPARATE UTILITIES AND SEPARATE BASEMENTS WITH A LAV. THREE CAR GARAGE AT REAR. A NICE HOUSE CLOSE TO DOWNTOWN AND WINDMILL POINTE PARKS/

    Rand Sobczak Real Estate One Grosse Pointe

    Section Image
  • 1456 Wayburn St, Grosse Pointe, MI 48230

    $319,900

    • 5 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 1456 Wayburn St
    • Grosse Pointe, MI

    Wonderful 2 family in West Park, Grosse Pointe Park on a dead end street by the new municipal building. Hardwood floors and natural oak wood trim. Leaded, stain glass windows. Newer roof, electrical service and vinyl thermal windows. Driveway parking and pass thru to the alley with additional parking. All appliances owned by the seller is included. Lower is vacant now.

    Eric Goosen Berkshire Hathaway HomeServices Kee Realty SCS

    Section Image
  • 1318 Wayburn St, Grosse Pointe, MI 48230

    $375,000

    • 4 Beds
    • 2 Baths
    • 1,932 Sq Ft
    • 1318 Wayburn St
    • Grosse Pointe, MI

    West Park two-unit apartment building with a rare open-concept layout and central AC, offering strong in-place cash flow! Located in the rapidly appreciating West Park neighborhood of Grosse Pointe Park—one of Metro Detroit’s most desirable rental markets—this property boasts a long list of features.The recently renovated upper apartment features an open-concept layout, a beautifully updated

    Jimmy Saros Jim Saros Real Estate Services

    Section Image
  • 1258 Wayburn St Unit 1260, Grosse Pointe, MI 48230

    $325,000

    • 4 Beds
    • 2 Baths
    • 2,014 Sq Ft
    • 1258 Wayburn St
    • Unit 1260
    • Grosse Pointe, MI

    This is a well maintained 2 family in Grosse Pointe Park It features Updated kitchens, hardwood floors. New roof and new furnace in lower with central air conditioning. Great location with walking distance to schools, West Park restaurant district and two lake front parks Lower rents $1300 per month with a lease until Sept 2025. Upper month to month at $1100 per month.

    Paula M. Morris Adlhoch & Associates, REALTORS

    Section Image
  • 1255 Wayburn St Unit 57, Grosse Pointe, MI 48230

    $349,000

    • 4 Beds
    • 2 Baths
    • 2,026 Sq Ft
    • 1255 Wayburn St
    • Unit 57
    • Grosse Pointe, MI

    Welcome to 1255-57 Wayburn – a beautifully maintained upper/lower duplex in the heart of Grosse Pointe Park, offering the perfect blend of character, thoughtful updates, and unbeatable walkability. Each unit features 2 bedrooms and 1 full bath, with charming hardwood floors, high ceilings, and abundant natural light throughout. Both units offer a traditional dining room—perfect for entertaining

    Charlene Williams Sine & Monaghan LLC

    Section Image

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
Alvarez Matias $194,900 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Matias $214,662
Closed Alvarez Matias $214,400
Closed Alvarez Matias $175,410
Previous Owner Olson Mary Ann $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $194,900 0.0% $108 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $194,900 -- $108 / 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
2024 $4,076 $157,700 $0 $0
2023 $3,887 $129,900 $0 $0
2022 $5,626 $121,600 $0 $0
2021 $5,335 $117,300 $0 $0
2019 $5,541 $107,000 $0 $0
2018 $3,374 $97,450 $0 $0
2017 $3,562 $98,100 $0 $0
2016 $4,122 $93,400 $0 $0
2015 $7,050 $85,300 $0 $0
2013 $6,830 $72,500 $0 $0
2012 -- $66,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216051863

Realcomp

APN: 37-002-04-0051-001