NOT LISTED FOR SALE

847 Beaconsfield Ave Grosse Pointe Park, MI 48230

Estimated Value: $498,321 - $542,000

8 Beds
4 Baths
3,306 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $295,000 $89 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,208/month

10 Days on Market

Highlights

  • Balcony
  • Porch
  • Forced Air Heating System
  • Pierce Middle School Rated A

About This Home

As of March 2019

Great investment property in well sought after location with Grosse Pointe Schools! This 4 unit all brick multi-family home features new updated front porch with custom tapered columns and railings with solar light accents.

Recent refreshed and or remodeled baths, refinished and or refreshed hardwood floors, coved ceilings, and most newer windows. All units include stove, refrigerator, window a/c and separate basement washers and dryers. Two units have dishwashers. Ample concrete parking in rear. Rents include water. Lower north unit has been freshly painted. **MULTIPLE OFFERS. HIGHEST & BEST DUE BY 3:00 P.M. FRIDAY 12/21/18.**

Last Agent to Sell the Property

Gary Chick

RE/MAX Eclipse License #6506012791 Listed on: 12/17/2018

RE/MAX Eclipse

Last Buyer's Agent

Gary Chick

RE/MAX Eclipse License #6506012791 Listed on: 12/17/2018

RE/MAX Eclipse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x110x50x110

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,306 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 39009010207002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,321

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 267.50
  • Year Built: 1925
  • 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: 3306
  • Total Sq Ft: 3306
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 3100000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 50X110X50X110
  • Parcel Number: 39009010207002
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2350

Tax Info

  • Tax Amount Summer: 2151.0000
  • Tax Amount Winter: 3170.0000
  • Total Tax: 5321.0000

Multi Family

  • Gross Scheduled Income: 28500.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Mar 18, 2019
Sold by
Four Kids Holdings Llc
Bought by
Safadi Edmond
Seller's Agent
Gary Chick
RE/MAX Eclipse
Buyer's Agent
Gary Chick
RE/MAX Eclipse
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Current Estimated Value
$521,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,580
Avg. Annual Appreciation
8.63%
Original Mortgage
$221,250
Outstanding Balance
$195,703
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$304,976

Purchase Details

Closed on
Jun 1, 2006
Sold by
Awodey Michael T
Bought by
Four Kids Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Safadi Edmond $295,000 Greater Macomb Title Agency
Four Kids Holdings Llc $235,000 Multiple
Four Kids Holdings Llc -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safadi Edmond $221,250
Previous Owner Four Kids Holdings Llc $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $295,000 -4.8% $89 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
12/17/2018 12/17/18 For Sale $310,000 0.0% $94 / Sq Ft
06/03/2016 06/03/16 Rented $700 0.0% --
05/20/2016 05/20/16 For Rent $700 +7.7% --
03/30/2015 03/30/15 Rented $650 +18.2% --
03/12/2015 03/12/15 Under Contract -- -- --
03/04/2015 03/04/15 For Rent $550 -- --
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 $3,920 $199,800 $0 $0
2023 $3,743 $181,000 $0 $0
2022 $3,556 $164,700 $0 $0
2021 $9,123 $152,000 $0 $0
2019 $5,655 $117,000 $0 $0
2018 $2,151 $102,900 $0 $0
2017 $6,876 $68,400 $0 $0
2016 $5,489 $88,000 $0 $0
2015 $8,052 $83,500 $0 $0
2013 $7,800 $79,600 $0 $0
2012 $2,222 $85,000 $19,600 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218118623

Realcomp

APN: 39-009-01-0207-002