NOT LISTED FOR SALE

8936 Schaefer Hwy Detroit, MI 48228

Plymouth-Detroit Neighborhood

Estimated Value: $93,000 - $109,932

4 Beds
2 Baths
1,440 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $105,000 $73 Per Sq Ft

Current estimated payment $769/month

Highlights

  • 1-Story Property
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of October 2024

(2) 2 bedroom units with performing Tenants

Last Agent to Sell the Property

Jay Kabbani

Keller Williams Legacy License #6501401180 Listed on: 10/17/2024

Keller Williams Legacy

Last Buyer's Agent

Jay Kabbani

Keller Williams Legacy License #6501401180 Listed on: 10/17/2024

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled in 2023

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41.00 x 127.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,440 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W22I029652S001

Community Details

Overview

  • 2 Units
  • Robert M Grindleys Sub No 5 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 240.00
  • Year Built: 1960
  • State Equalized Value: 29600.0000
  • Year Renovated: 2023
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1440
  • Total Sq Ft: 1440
  • Sq Ft Total Bsmt: 1440

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Frontage Feet: 20
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 41.00 x 127.00
  • Parcel Number: W22I029652S001
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 1750

Tax Info

  • Tax Amount Summer: 2519.0000
  • Tax Amount Winter: 279.0000
  • Total Tax: 2798.0000
  • Taxable Value: 29600.0000

Multi Family

  • Gross Scheduled Income: 21000.00
  • 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
Oct 17, 2024
Closed on
Oct 15, 2024
Sold by
M & Y Investments Llc
Bought by
Roso Meta Llc
Seller's Agent
Jay Kabbani
Keller Williams Legacy
Buyer's Agent
Jay Kabbani
Keller Williams Legacy
List Price
$105,000
Sold Price
$105,000
Views
3
Current Estimated Value
$104,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$517
Avg. Annual Appreciation
-0.49%
Original Mortgage
$75,000
Outstanding Balance
$74,170
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$30,313

Purchase Details

Closed on
Dec 28, 2022
Sold by
Albaldawi Louay
Bought by
M & Y Investments Llc

Purchase Details

Closed on
Oct 6, 2022
Sold by
Wayne County Treasurer
Bought by
Al-Baldawi Louay S

Purchase Details

Closed on
Mar 10, 2006
Sold by
Garcia Ernest J and Garcia Connie R
Bought by
Monique Investments Ltd
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
Roso Meta Llc $105,000 Regions Title
Roso Meta Llc $105,000 Regions Title
Roso Meta Llc $105,000 Regions Title
M & Y Investments Llc -- --
Al-Baldawi Louay S $13,000 --
Monique Investments Ltd $80,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roso Meta Llc $75,000
Closed Roso Meta Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $105,000 0.0% $73 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $105,000 -- $73 / 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 $2,591 $45,200 $0 $0
2024 $2,591 $37,800 $0 $0
2023 $2,519 $29,600 $0 $0
2022 $850 $28,500 $0 $0
2021 $830 $21,300 $0 $0
2020 $830 $19,900 $0 $0
2019 $819 $14,900 $0 $0
2018 $832 $13,500 $0 $0
2017 $119 $14,800 $0 $0
2016 $892 $7,300 $0 $0
2015 $730 $7,300 $0 $0
2013 $1,031 $10,313 $0 $0
2010 -- $14,776 $650 $14,126
Source: Public Records

Agents Affiliated with this Home

  • Jay Kabbani

    Seller's Agent in 2024

    Jay Kabbani

    Keller Williams Legacy

    (313) 502-0550

    6 in this area

    156 Total Sales

    Jay Kabbani
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Map

Source: Realcomp

MLS Number: 20240078797

Realcomp

APN: 22-029652-001

Michigan Wayne County Detroit 48228 Plymouth-Detroit

8936 Schaefer Hwy, Detroit, MI

This home is located at 8936 Schaefer Hwy, Detroit, MI 48228 since 17 October 2024 and is currently estimated at $104,483, approximately $72 per square foot. This property was built in 1960. 8936 Schaefer Hwy is a home located in Wayne County with nearby schools including Bates Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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