NOT LISTED FOR SALE

Estimated Value: $106,000 - $246,000

5 Beds
2 Baths
1,872 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $200,000 $107 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,289/month

13 Days on Market

About This Home

As of February 2024

HIGHEST AND BEST DUE BY THURSDAY 5PM. Located 8 minutes from Dearborn you will find 8833 Pinehurst nestled on a 4,410 square foot lot in a quiet neighborhood of homeowners. This crown jewel boast one 3 bedroom unit and one 2 bedroom unit. She has been carefully upgraded with 2 newly installed hot water tanks. In addition, this home displays newer electrical and plumbing to insure maintenance free cash flow. This beauty has just been leased with 2 section 8 tenants and the monthly dividends of $1612 and $1260. These tenants pays all the utilities which allows this investment to pay a return of 15%. This Diamond will be at a lucky owner's fingertips soon! No showings without accepted full list offer.

Last Agent to Sell the Property

Marta Kopania

Realtyflo Inc License #6501424283 Listed on: 01/01/2024

Last Buyer's Agent

Charvez Miles

C Miles Realty LLC License #6502401274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929 | Remodeled in 2023

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 126.00

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,872 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 W18I017771S
  • $4,000 Seller Concession

Community Details

Overview

  • 2 Units
  • B E Taylors Middlepoint Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$893

Year Built

Built in 1929 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1929
  • State Equalized Value: 5600.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1872

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

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 126.00
  • Parcel Number: W18I017771S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2872

Tax Info

  • Tax Amount Summer: 771.0000
  • Tax Amount Winter: 122.0000
  • Total Tax: 893.0000
  • Taxable Value: 5600.0000

Multi Family

  • Gross Scheduled Income: 34464.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 14, 2023
Sold by
Lunarya Home Llc
Bought by
P L Jackson Consultants Llc
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Edward Van Assche
EXP Realty Main
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Views
325
Current Estimated Value
$176,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,202
Avg. Annual Appreciation
65.05%

Purchase Details

Closed on
Sep 21, 2021
Sold by
Rpj Real Estate Llc
Bought by
Lunarya Home Llc

Purchase Details

Closed on
Jun 29, 2021
Sold by
Avant Annie L and Avant Roman
Bought by
Avant Roman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
P L Jackson Consultants Llc $60,000 None Listed On Document
Lunarya Home Llc $109,150 Embassy Title Agency
Avant Roman -- None Available
Rpj Real Estate Llc $8,000 Speedy T&E Svcs Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $200,000 +5.3% $107 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $189,999 +216.7% $101 / Sq Ft
11/14/2023 11/14/23 Sold $60,000 -14.2% $32 / Sq Ft View Prior Sale
11/09/2023 11/09/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $69,900 -12.5% $37 / Sq Ft
10/18/2023 10/18/23 For Sale $79,900 -- $43 / 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 $4,400 $56,200 $0 $0
2024 $785 $7,100 $0 $0
2023 $671 $5,600 $0 $0
2022 $1,368 $12,900 $0 $0
2021 $754 $10,400 $0 $0
2020 $753 $9,200 $0 $0
2019 $844 $7,000 $0 $0
2018 $768 $6,300 $0 $0
2017 $103 $6,900 $0 $0
2016 $820 $700 $0 $0
2015 $70 $700 $0 $0
2013 $1,342 $15,251 $0 $0
2010 -- $21,852 $716 $21,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240000074

Realcomp

APN: 18-017771