NOT LISTED FOR SALE

Estimated Value: $413,000 - $476,000

4 Beds
2 Baths
2,268 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $185,000 $82 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,896/month

292 Days on Market

Highlights

  • Colonial Architecture
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Lewis Maire Elementary School Rated A

About This Home

As of November 2015

Excellent opportunity, built in 1987, large bedrooms with large closets, fireplaces in each unit. 4 car garage (2 cars per unit) extra wide driveway for additional parking, newer roof. Lower unit freshly painted, new carpeting throughout. Upper unit rented for $800 month but rental amount should be approx. $1,000 per unit. Present owner owns three 2 families in a row, 6 units in all available to buy.

Last Listed By

James Saros

Jim Saros Real Estate Services License #MISPE-6502109281 Listed on: 02/06/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 156

Parking

  • 4 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Basement
  • Block Basement Construction

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 37002010095000

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Dining "L"
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2268

Exterior Features

  • Exterior Features: Sidewalks, Storms/Screens, Street Lights
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 4
  • Parking: Garage

Utilities

  • Water: Public Water At Street
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public At Street

Schools

  • Elementary School: Maire
  • Middle School: Brownell
  • High School: South

Lot Info

  • Assessor Parcel Number: 37002010095000
  • Lot Dimensions: 50 x 156
  • Acreage: 0.18
  • Zoning: Multi-Family
  • Map Side Numeric: 04
  • Map Top Alpha: AJ
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $3,233.36
  • Winter Tax: Year: 2014, Amount: $3,282.52
  • Total Tax: Year: 2014, Amount: $6,516.38
  • SEV Year: 2014

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Nov 30, 2015
Sold by
Riney Shaun G
Bought by
91416 Neff Llc
Seller's Agent
James Saros
Jim Saros Real Estate Services
Buyer's Agent
Nisa Denise Hacias
Michigan Real Estate LLC
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Total Days on Market
292
Current Estimated Value
$448,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,130
Avg. Annual Appreciation
9.49%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Bracken Charles O and Bracken Miliama
Bought by
Riney Shaun G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
91416 Neff Llc $185,000 Chicago Title Agency Inc
Riney Shaun G $160,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riney Shaun G $112,000
Previous Owner Bracken Charles $479,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $185,000 -5.1% $82 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $195,000 -- $86 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $4,930 $199,200 $0 $0
2023 $4,701 $192,400 $0 $0
2022 $8,617 $173,700 $0 $0
2021 $8,390 $160,700 $0 $0
2019 $8,258 $142,800 $0 $0
2018 $4,080 $126,800 $0 $0
2017 $7,089 $125,400 $0 $0
2016 $7,478 $118,700 $0 $0
2015 $10,810 $108,100 $0 $0
2013 $10,960 $109,600 $0 $0
2012 -- $101,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31229082

Michigan Multiple Listing Service

APN: 37-002-01-0095-000