$60,000
SOLD JUL 15, 2022
4 Beds
2 Baths
1,868 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

40% Below List Price

13 Days on Market

About This Home

As of December 2024

Very attractive income producing property on Detroits WESTSIDE, generating $1500 in rent a month with very well performing tenants. Both units are 2 bedroom 1 full bath with major updates to both properties with a brand spanking new roof as well. Both Lease are one year leases. B.A.TV.A.I Buyer to pay $495 transaction fee to listing broker at closing ACCEPTED OFFER WILL ONLY BE GRANTED ACCESS

Last Agent to Sell the Property

Ricqwain Johnson

Reach Realty Group License #6501382811 Listed on: 06/22/2022

Last Buyer's Agent

Ricqwain Johnson

Reach Realty Group License #6501382811 Listed on: 06/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 47.00 x 110.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,868 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W22I029629S

Community Details

Overview

  • 2 Units
  • Robert Oakman Land Cos Aviation Field Sub No 4 L58 P48 Plats Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$631

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1953
  • State Equalized Value: 26300.0000
  • Pets Allowed: Call
  • 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: 1868
  • Total Sq Ft: 1868
  • Sq Ft Total Bsmt: 1836

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 47.00 x 110.00
  • Parcel Number: W22I029629S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 578.0000
  • Tax Amount Winter: 53.0000
  • Total Tax: 631.0000
  • Taxable Value: 5557.0000

Multi Family

  • Gross Scheduled Income: 15000.00
  • Number Of Units Total: 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

Listed on
Jun 22, 2022
Closed on
Jul 15, 2022
Sold by
Amir Tarif
Bought by
Megbaje Princess
Seller's Agent
Ricqwain Johnson
Reach Realty Group
Buyer's Agent
Ricqwain Johnson
Reach Realty Group
List Price
$100,000
Sold Price
$60,000
Premium/Discount to List
-$40,000
-40%
Current Estimated Value
$142,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,578
Avg. Annual Appreciation
30.68%

Purchase Details

Closed on
May 5, 2017
Sold by
Thomas Akeem
Bought by
Tarif Amir

Purchase Details

Closed on
Nov 22, 2015
Sold by
Mla Inc
Bought by
Thomas Akeem

Purchase Details

Closed on
Jun 18, 2008
Sold by
Clavon Juan P
Bought by
Mla Inc

Purchase Details

Closed on
May 3, 2007
Sold by
Clavon Juan P and Clavon Lela A
Bought by
A Star National Realty Clavon Inc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Estate Of Ronald Lloyd Parker
Bought by
Clavon Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.82%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $60,000 Peak Title
Quit Claim Deed -- None Available
Quit Claim Deed $500 None Available
Sheriffs Deed $25,000 None Available
Quit Claim Deed -- Chicago Title Insurance Co
Warranty Deed $60,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $140,000 -12.5% $75 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $160,000 +166.7% $86 / Sq Ft
07/15/2022 07/15/22 Sold $60,000 -25.0% $32 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $80,000 -20.0% $43 / Sq Ft
06/22/2022 06/22/22 For Sale $100,000 -- $54 / 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 $3,279 $58,100 $0 $0
2024 $3,279 $49,000 $0 $0
2023 $3,189 $38,300 $0 $0
2022 $742 $35,200 $0 $0
2021 $725 $26,300 $0 $0
2020 $725 $24,600 $0 $0
2019 $618 $18,500 $0 $0
2018 $649 $17,300 $0 $0
2017 $98 $17,200 $0 $0
2016 $701 $6,000 $0 $0
2015 $600 $6,000 $0 $0
2013 $704 $7,041 $0 $0
2010 -- $9,771 $1,064 $8,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221009103

Realcomp

APN: 22-029629