NOT LISTED FOR SALE

Estimated Value: $116,000 - $129,000

4 Beds
2 Baths
1,890 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $11,500 $6 Per Sq Ft

Est. 993% increase in value since last sale

Current estimated payment $812/month

182 Days on Market

Highlights

  • Porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of May 2018

BRICK UPPER/LOWER MULTI-FAMILY PROPERTY LOCATED SOUTH OF JOY ROAD, AND EAST OF WYOMING AVENUE. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED WITH THE BUYER'S AGENT. BUYER TO PAY DETROIT INVESTMENT COMPANY A $250 PROCESSING FEE AT CLOSING.

Last Agent to Sell the Property

Mark Hutter

Detroit Investment Company License #6502372594 Listed on: 09/15/2017

Last Buyer's Agent

RUSSELL WILCOX

Century 21 Curran & Oberski License #6501377484

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35 x 103

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,890 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • J W Fales Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I014618S

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, 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: 1890
  • Total Sq Ft: 1890
  • Sq Ft Total Bsmt: 936

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 168750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35 X 103
  • Parcel Number: W18I014618S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 936.4500
  • Tax Amount Winter: 88.5800
  • Total Tax: 1025.0300

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Sepin Gerson and Sepin Gerson David
Bought by
Detroit Renaissance Fund Llc
Current Estimated Value
$125,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$503,347
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$383,347

Purchase Details

Listed on
Sep 15, 2017
Closed on
Apr 17, 2018
Sold by
Pal Hsin Yuan
Bought by
Sepin Gerson
Seller's Agent
Mark Hutter
Detroit Investment Company
Buyer's Agent
RUSSELL WILCOX
Century 21 Curran & Oberski
List Price
$13,500
Sold Price
$11,500
Premium/Discount to List
-$2,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.89%

Purchase Details

Closed on
Sep 8, 2015
Sold by
Asm Holdings Llc
Bought by
Pai Hsin Yuan

Purchase Details

Closed on
Dec 15, 2014
Sold by
Abc Home Ownership Iii Llc
Bought by
Asm Holdings Llc

Purchase Details

Closed on
Nov 11, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Abc Home Ownership Iii Llc

Purchase Details

Closed on
Apr 14, 2011
Sold by
U S Mortgage Specialists Llc
Bought by
Eilers Mark

Purchase Details

Closed on
Mar 30, 2011
Sold by
Us Reo Group Llc
Bought by
U S Mortgage Specialists Llc

Purchase Details

Closed on
Jan 13, 2009
Sold by
Reo Properties Corporation
Bought by
Paramount Land Holdings Llc

Purchase Details

Closed on
Nov 29, 2007
Sold by
Davis Willie Frank
Bought by
Reo Properties Corp
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
Detroit Renaissance Fund Llc -- Liberty Title
Sepin Gerson $11,500 First American Title Ins Co
Pai Hsin Yuan $50,288 None Available
Asm Holdings Llc $7,500 Attorney
Abc Home Ownership Iii Llc $1,600 None Available
Eilers Mark $10,600 None Available
U S Mortgage Specialists Llc -- None Available
Paramount Land Holdings Llc -- None Available
Reo Properties Corp $77,516 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detroit Renaissance Fund Llc $550,000
Previous Owner Davis Willie Frank $66,500
Previous Owner Davis Willie Frank $46,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $11,500 -14.8% $6 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $13,500 0.0% $7 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $13,500 -9.4% $7 / Sq Ft
12/04/2017 12/04/17 Price Changed $14,900 -3.9% $8 / Sq Ft
11/07/2017 11/07/17 Price Changed $15,500 -20.5% $8 / Sq Ft
09/15/2017 09/15/17 For Sale $19,500 -- $10 / 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 $1,518 $61,300 $0 $0
2024 $1,518 $51,800 $0 $0
2023 $1,720 $40,400 $0 $0
2022 $1,833 $30,200 $0 $0
2021 $1,783 $24,300 $0 $0
2020 $1,783 $21,200 $0 $0
2019 $1,756 $16,000 $0 $0
2018 $951 $14,500 $0 $0
2017 $147 $14,500 $0 $0
2016 $1,025 $19,400 $0 $0
2015 $1,500 $15,000 $0 $0
2013 $1,589 $27,241 $0 $0
2010 -- $39,032 $744 $38,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217084496

Realcomp

APN: 18-014618