Seller's Agent in 2022
Jonathan Foukes
Move Realty LLC
(586) 405-2327
8 in this area
147 Total Sales
8820 Russell St Shelby Township, MI 48317
Estimated Value: $266,025 - $340,000
4
Beds
2
Baths
1,660
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- 1-Story Property
- Forced Air Heating System
- Private Entrance
- Eppler Junior High School Rated A-
- Garage
About This Home
As of October 2022Completely renovated from top to bottom Shelby Township Duplex. This Duplex will require ZERO maintenance for years to come! New roof, windows, driveway & walkways, furnaces, hot water tanks, all interior/exterior paint, new kitchens with quartz counter-tops and new SS appliances. New plumbing & electrical. 2 car garage separated for each unit. In-unit laundry and a huge double lot.
7+% CAP RATE! Estimated monthly rent income per unit is $1,400 or $33,600 gross annually. Owner Expenses include: Property taxes $2,888, Estimated insurance$1800/yr estimated water bills $650, estimated yard maintenance $1400 annually. Total expenses: $6,738. ANNUAL NET INCOME: $26,862. This is a solid turn key investment that will not require capital investments for years to come.
Last Agent to Sell the Property
Move Realty LLC License #6504393425 Listed on: 09/05/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1960 | Remodeled in 2022
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 80x140
- Private Entrance
Parking
- Garage
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 2 Full Bathrooms
- 1,660 Sq Ft Home
- 1-Story Property
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Water Meter
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0734179004
Community Details
Overview
- 2 Units
- S/P Cross Goodale Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2022
Closed on
Oct 21, 2022
Sold by
Primos Management Group Inc
Bought by
Fox James
Seller's Agent
Jonathan Foukes
Move Realty LLC
Buyer's Agent
Jonathan Nathan
Realty Executives Home Towne
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
116
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,744
Avg. Annual Appreciation
-6.34%
Purchase Details
Closed on
May 19, 2022
Sold by
Wesolowski Robert J
Bought by
Pantos Management Group Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fox James | $355,000 | Sterling Title Agency | |
| Pantos Management Group Inc | $181,000 | New Title Company Name |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2022 10/26/22 | Sold | $355,000 | -5.3% | $214 / Sq Ft |
| 10/26/2022 10/26/22 | Pending | -- | -- | -- |
| 09/05/2022 09/05/22 | For Sale | $375,000 | -- | $226 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $5,117 | $111,100 | $0 | $0 |
| 2024 | $2,788 | $107,800 | $0 | $0 |
| 2023 | $2,646 | $97,600 | $0 | $0 |
| 2022 | $2,508 | $52,900 | $0 | $0 |
| 2021 | $2,525 | $52,900 | $0 | $0 |
| 2020 | $1,417 | $52,900 | $0 | $0 |
| 2019 | $2,650 | $52,900 | $0 | $0 |
| 2018 | $2,476 | $52,900 | $0 | $0 |
| 2017 | $2,493 | $52,900 | $16,550 | $36,350 |
| 2016 | $2,503 | $52,900 | $0 | $0 |
| 2015 | $2,522 | $52,900 | $0 | $0 |
| 2012 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Foukes
-
Jonathan Nathan
Buyer's Agent in 2022
Jonathan Nathan
Realty Executives
(586) 876-3563
7 in this area
38 Total Sales
Map
Source: Realcomp
MLS Number: 20221037694
APN: 23-07-34-179-004
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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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