NOT LISTED FOR SALE

8559 Wyoming Ave Detroit, MI 48204

Aviation Neighborhood

Estimated Value: $105,239 - $119,000

4 Beds
2.5 Baths
1,714 Sq Ft
$65/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $80,000 $47 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $796/month

138 Days on Market

About This Home

As of May 2021

Solid brick duplex tenant occupied producing $1300 per month ($650 per side)

Last Agent to Sell the Property

Benny Margolis

KW Domain License #6501384651 Listed on: 11/03/2020

KW Domain

Last Buyer's Agent

Curtis Gordon

Golden Real Estate LLC License #6501427685

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 52 x 100 x 52 x 100

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W18I016148C9

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$752

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1952
  • State Equalized Value: 50000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1714
  • Total Sq Ft: 1714
  • Sq Ft Total Bsmt: 840

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Wall/Floor Furnace
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 52 x 100 x 52 x 100
  • Parcel Number: W18I016148C9
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 698.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 752.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
May 12, 2021
Sold by
8559 63 Wyoming Llc
Bought by
Perry Richard
Seller's Agent
Benny Margolis
KW Domain
Buyer's Agent
Curtis Gordon
Golden Real Estate LLC
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Current Estimated Value
$112,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,060
Avg. Annual Appreciation
8.02%
Original Mortgage
$60,000
Outstanding Balance
$54,441
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$56,862

Purchase Details

Closed on
Nov 9, 2017
Sold by
Paulco Properties Llc
Bought by
8559 63 Wyoming Llc

Purchase Details

Closed on
Sep 25, 2008
Sold by
B & W Real Properties Associates Llc
Bought by
Paulco Properties Llc

Purchase Details

Closed on
Sep 17, 2008
Sold by
Phoenix Real Estate Co Llc
Bought by
B & W Real Properties Associates Llc
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
Perry Richard $80,000 None Available
8559 63 Wyoming Llc -- None Available
Paulco Properties Llc -- None Available
B & W Real Properties Associates Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Richard $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $80,000 -19.2% $47 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $99,000 -1.0% $58 / Sq Ft
11/03/2020 11/03/20 For Sale $100,000 -- $58 / 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 $2,227 $54,400 $0 $0
2024 $2,227 $45,800 $0 $0
2023 $2,165 $25,000 $0 $0
2022 $3,072 $32,400 $0 $0
2021 $763 $26,000 $0 $0
2020 $763 $22,600 $0 $0
2019 $753 $16,900 $0 $0
2018 $776 $15,900 $0 $0
2017 $105 $15,900 $0 $0
2016 $829 $6,500 $0 $0
2015 $650 $6,500 $0 $0
2013 $761 $7,610 $0 $0
2010 -- $10,562 $912 $9,650
Source: Public Records

Agents Affiliated with this Home

  • Benny Margolis

    Seller's Agent in 2021

    Benny Margolis

    KW Domain

    (734) 985-5091

    1 in this area

    98 Total Sales

    Benny Margolis
    Section Image

  • C

    Buyer's Agent in 2021

    Curtis Gordon

    Golden Real Estate LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 2200091072

Realcomp

APN: 18-0161489

Michigan Wayne County Detroit 48204 Aviation

8559 Wyoming Ave, Detroit, MI

This home is located at 8559 Wyoming Ave, Detroit, MI 48204 since 03 November 2020 and is currently estimated at $112,060, approximately $65 per square foot. This property was built in 1952. 8559 Wyoming Ave is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Barton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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