NOT LISTED FOR SALE

Estimated Value: $72,785 - $118,000

4 Beds
2 Baths
1,942 Sq Ft
$52/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $60,000 $31 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $658/month

54 Days on Market

About This Home

As of April 2018

This is an "As Is" sale. Part of a 30 package deal and tenant-occupied. Tenants pay $725 ea. mo. Please DO NOT disturb tenants. Buyer's agent to verify measurements. A processing fee of $595 due to REMS at closing.

Last Agent to Sell the Property

Renae Palmer

Real Estate Management Specialists Inc License #6501349805 Listed on: 01/19/2018

Last Buyer's Agent

Rondre Brooks

New Way Realty Partners License #6501388750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35.00x145.77

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 1,942 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Oakman Robt Land Cos Hest On Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I015317S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,479

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1942
  • Total Sq Ft: 1942
  • Sq Ft Total Bsmt: 950

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 41
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 541666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 35.00X145.77
  • Parcel Number: W18I015317S
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1450

Tax Info

  • Tax Amount Summer: 1332.0000
  • Tax Amount Winter: 147.0000
  • Total Tax: 1479.0000

Multi Family

  • Gross Scheduled Income: 17400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • 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

Closed on
Apr 30, 2024
Sold by
Karaeminogullari Figen Gul
Bought by
Karaeminogullari Fehmi
Current Estimated Value
$101,946

Purchase Details

Listed on
Jan 19, 2018
Closed on
Apr 6, 2018
Sold by
Empire Property Maintenanca Llc
Bought by
Ciftci Ibrahim
Seller's Agent
Renae Palmer
Real Estate Management Specialists Inc
Buyer's Agent
Rondre Brooks
New Way Realty Partners
List Price
$55,000
Sold Price
$60,000
Premium/Discount to List
$5,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Sabree Eric R
Bought by
Empire Property Maintenance Llc

Purchase Details

Closed on
Oct 31, 2017
Sold by
Sabree Eric R
Bought by
Lee Deante

Purchase Details

Closed on
Jan 24, 2014
Sold by
Snowball Investments Llc
Bought by
Carcamo Jorge

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Snowball Investments 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
Karaeminogullari Fehmi $60,000 None Listed On Document
Ciftci Ibrahim $60,000 First American Title Ins Co
Empire Property Maintenance Llc $18,000 None Available
Lee Deante $18,000 None Available
Carcamo Jorge $7,000 None Available
Snowball Investments Llc $2,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace James E $95,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $60,000 -7.7% $31 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
01/20/2018 01/20/18 Price Changed $65,000 +18.2% $33 / Sq Ft
01/19/2018 01/19/18 For Sale $55,000 -- $28 / 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 $3,264 $60,700 $0 $0
2024 $3,264 $51,100 $0 $0
2023 $3,419 $40,000 $0 $0
2022 $1,842 $30,000 $0 $0
2021 $1,792 $24,100 $0 $0
2020 $1,792 $21,100 $0 $0
2019 $1,765 $16,100 $0 $0
2018 $1,355 $14,300 $0 $0
2017 $245 $14,300 $0 $0
2016 $1,479 $19,400 $0 $0
2015 $1,500 $15,000 $0 $0
2013 $2,721 $27,210 $0 $0
2010 -- $38,987 $838 $38,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218004850

Realcomp

APN: 18-015317