NOT LISTED FOR SALE

851 Hendrickson Blvd Clawson, MI 48017

Estimated Value: $353,000 - $394,169

4 Beds
4 Baths
1,176 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $400,000 $340 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,646/month

6 Days on Market

Highlights

  • 0.41 Acre Lot
  • Forced Air Heating System
  • High Speed Internet
  • 1-Story Property
  • Laundry Facilities
  • Fenced

About This Home

As of April 2024

LOCATION LOCATION LOCATION!!! 4 UNIT MULTIFAMILY IN CLAWSON. Address is 851-863 Hendrickson. Two buildings (2 units per building). 1,176 sq. ft. each building. 100x180 lot with a nice sized backyard which is shared with all units. These properties do not come around often. Projected Cashflow from rent $3,000/M. Owner pays lawn and tenants do snow and pay all utilities. New roof was added on to all units in 2016 and newer HVAC. Each unit has their own parking spaces in or off street driveways. Please contact agent to coordinate a showing with owner as all units are TENANT OCCUPIED. Only one unit may be seen prior to seller acceptance of an offer. All units are the same layout. Proof of funds or Pre-Approval will be needed prior to coordinating any showings.

Last Agent to Sell the Property

David Maldonado

Arterra Luxe Collection LLC License #6506047751 Listed on: 03/20/2024

Last Buyer's Agent

David Maldonado

Arterra Luxe Collection LLC License #6506047751 Listed on: 03/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180
  • Fenced

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 1,176 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2034402037

Community Details

Overview

  • 4 Units
  • Eyster & Howarth Clawson Plat No 2 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,621

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 1 Story
  • Assessment: 1.00
  • Year Built: 1953
  • State Equalized Value: 166920.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 1176
  • Total Sq Ft: 1176

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Clawson

Lot Info

  • Lot Size Area: 0.41
  • Lot Dimensions: 100x180
  • Parcel Number: 2034402037
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 3040

Tax Info

  • Tax Amount Summer: 7420.0000
  • Tax Amount Winter: 201.0000
  • Total Tax: 7621.0000
  • Taxable Value: 116290.0000

Multi Family

  • Gross Scheduled Income: 35901.67
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Clawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 26, 2024
Sold by
Hendrickson 4 Llc
Bought by
Sic Group Llc
Seller's Agent
David Maldonado
Arterra Luxe Collection LLC
Buyer's Agent
David Maldonado
Arterra Luxe Collection LLC
List Price
$374,900
Sold Price
$400,000
Premium/Discount to List
$25,100
6.7%
Views
32
Current Estimated Value
$376,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,208
Avg. Annual Appreciation
-3.84%
Original Mortgage
$300,000
Outstanding Balance
$297,100
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$85,272

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 10, 2016
Sold by
Powell Jeffrey M and Powell John R
Bought by
Hendrickson4 Llc
Seller's Agent
Paula Rait
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Keith Jourdan
Preferred, Realtors® Ltd
List Price
$289,900
Sold Price
$272,000
Premium/Discount to List
-$17,900
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Nov 2, 1995
Sold by
Cox Dean L
Bought by
Powell Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
7.44%
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
Sic Group Llc $400,000 Sterling Title Agency
Hendrickson4 Llc $272,000 Liberty Title
Powell Jeffrey M $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sic Group Llc $300,000
Previous Owner Powell Jeffrey M $110,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $400,000 +6.7% $340 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $374,900 +37.8% $319 / Sq Ft
08/02/2016 08/02/16 Sold $272,000 -6.2% $231 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $289,900 -- $247 / 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 $7,754 $171,630 $0 $0
2023 $7,420 $166,920 $0 $0
2022 $7,462 $143,080 $0 $0
2021 $7,247 $132,370 $0 $0
2020 $6,998 $118,450 $0 $0
2019 $7,424 $109,740 $0 $0
2017 $6,978 $99,270 $0 $0
2016 $0 $91,910 $0 $0
2015 -- $81,270 $0 $0
2014 -- $68,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240014679

Realcomp

APN: 16-20-34-402-037