NOT LISTED FOR SALE

Estimated Value: $239,000 - $310,000

4 Beds
2 Baths
1,764 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $120,000 $68 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,716/month

87 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 4 Car Garage

About This Home

As of January 2017

Easy to maintain duplex in Ypsi Twp with great tenants already in place. Each side pays $875 including water. Certified with City (up for renewal later this year). Seller has owned this property since '91 and it has been well cared for. Recent improvements and upgrades include new supply lines (2016), new roof (2002), new furnaces (2014), new water heaters (2016),new refrigerators (2013), new paint in 909 (2013), new flooring in 907 (2013). NOI of $11,200 includes all expenses and property management/leasing fees. Available as a package with 910 Maplewood, a solid performing triplex nearby. Pre-approval or proof of funds required to schedule appointment to minimize disruption of tenants.

Last Agent to Sell the Property

Jeffrey Scott

NextHome Edge License #6501292878 Listed on: 09/16/2016

NextHome Edge

Co-Listed By

Brad Sandberg

NextHome Edge License #6502388725

Last Buyer's Agent

Alva Oslin

The Homebuyers Realty.Com License #6502105417

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 66.55 x 180

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,764 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number K01103300032

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1960
  • 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: 1764
  • Total Sq Ft: 1764
  • Sq Ft Total Bsmt: 864

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Frontage Feet: 66
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ypsilanti

Lot Info

  • List Price per Acre: 409090.9091
  • Lot Size Area: 0.33
  • Lot Dimensions: 66.55 x 180
  • Parcel Number: K01103300032
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1750

Tax Info

  • Tax Amount Summer: 2788.0000
  • Tax Amount Winter: 1063.0000
  • Total Tax: 3851.0000

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: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2018
Sold by
Metler Road Estate Llc
Bought by
907 E Forest Ave Llc
Current Estimated Value
$272,902

Purchase Details

Closed on
Apr 19, 2017
Sold by
907 E Forest Ave Llc
Bought by
Metler Real Estate Llc

Purchase Details

Listed on
Sep 16, 2016
Closed on
Feb 2, 2017
Sold by
Metler Zachary P and Metler Stephanie R
Bought by
907 E Forrest Ave Llc
Seller's Agent
Jeffrey Scott
NextHome Edge
Buyer's Agent
Alva Oslin
The Homebuyers Realty.Com
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$90,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2016
Closed on
Jan 11, 2017
Sold by
Gefre Virginia M and The Virginia M Gefre Reovable
Bought by
Metler Zachary P
Seller's Agent
Jeffrey Scott
NextHome Edge
Buyer's Agent
Alva Oslin
The Homebuyers Realty.Com
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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
907 E Forest Ave Llc -- None Available
Metler Real Estate Llc -- None Available
907 E Forrest Ave Llc -- Liberty Title
Metler Zachary P $120,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metler Zachary P $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2017 01/11/17 Sold $120,000 -11.1% $68 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $135,000 0.0% $77 / Sq Ft
07/01/2013 07/01/13 Rented $8 -99.2% --
06/10/2013 06/10/13 Under Contract -- -- --
03/23/2013 03/23/13 For Rent $950 -- --
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 -- $108,300 $0 $0
2024 -- $105,100 $0 $0
2023 -- $96,700 $0 $0
2022 $0 $73,400 $0 $0
2021 $3,951 $66,700 $0 $0
2020 $3,951 $64,800 $0 $0
2019 $3,951 $64,000 $64,000 $0
2018 $0 $79,700 $0 $0
2017 $3,962 $83,800 $0 $0
2016 $2,880 $60,232 $0 $0
2015 $3,731 $60,052 $0 $0
2014 $3,731 $58,177 $0 $0
2013 -- $58,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216091542

Realcomp

APN: 11-03-300-032