NOT LISTED FOR SALE

874 Alter Rd Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $184,968 - $217,000

6 Beds
2 Baths
2,862 Sq Ft
$71/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $120,000 $42 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,301/month

123 Days on Market

Highlights

  • Patio
  • Hot Water Heating System
  • Fenced
  • Cass Technical High School Rated 10
  • 3 Car Garage

About This Home

As of July 2019

Well maintained multi family unit south of Jefferson. Three bedrooms in each unit. Large living spaces, natural fireplaces and hardwood floors throughout. First floor has an additional 12X8 roof off the dining room, excellent for an office or den. Spacious bedrooms, laundry in basement and 3 car garage. Close to downtown and public transportation. Contact listing agent for lead based paint abatement information.

Last Agent to Sell the Property

Patricia Groezinger

Sine & Monaghan LLC License #6501295161 Listed on: 12/06/2018

Sine & Monaghan LLC

Last Buyer's Agent

Julian Glass

Glass Home Realty, LLC License #RCO-6502393283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00x135.00
  • Fenced

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,862 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Windmill Pointe Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I062691S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,196

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2862
  • Total Sq Ft: 2862
  • Sq Ft Total Bsmt: 1400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 3

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 993750.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00X135.00
  • Parcel Number: W21I062691S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 1988.0000
  • Tax Amount Winter: 208.0000
  • Total Tax: 2196.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Jul 19, 2019
Sold by
The Paul E Gainor Revocable Trust
Bought by
Campbell Jennifer B
Seller's Agent
Patricia Groezinger
Sine & Monaghan LLC
Buyer's Agent
Julian Glass
Glass Home Realty, LLC
List Price
$159,000
Sold Price
$120,000
Premium/Discount to List
-$39,000
-24.53%
Current Estimated Value
$203,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,492
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Nov 20, 2015
Sold by
Gainor Paul E
Bought by
Gainor Paul E and Paul E Gainor Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Campbell Jennifer B $120,000 Ata National Title Group Llc
Gainor Paul E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Jennifer B $147,000
Closed Campbell Jennifer Blakely $38,100
Previous Owner Gainor Paul E $9,090
Previous Owner Gainor Paul E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $120,000 -24.5% $42 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $159,000 -- $56 / 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 $2,241 $110,200 $0 $0
2024 $2,241 $75,800 $0 $0
2023 $2,423 $57,300 $0 $0
2022 $2,626 $40,900 $0 $0
2021 $2,963 $32,400 $0 $0
2020 $2,540 $27,700 $0 $0
2019 $2,154 $20,500 $0 $0
2018 $1,988 $21,400 $0 $0
2017 $415 $21,900 $0 $0
2016 $2,981 $29,600 $0 $0
2015 $2,960 $29,600 $0 $0
2013 $3,506 $35,060 $0 $0
2010 -- $51,404 $1,370 $50,034
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patricia Groezinger

    Sine & Monaghan LLC

    Section Image
  • Julian Glass

    Buyer's Agent in 2019

    Julian Glass

    Glass Home Realty, LLC

    (313) 570-4445

    1 in this area

    37 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218116285

Realcomp

APN: 21-062691

Michigan Wayne County Detroit 48215 Jefferson Chalmers

874 Alter Rd, Detroit, MI

This home is located at 874 Alter Rd, Detroit, MI 48215 since 06 December 2018 and is currently estimated at $203,492, approximately $71 per square foot. This property was built in 1924. 874 Alter Rd is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes