NOT LISTED FOR SALE

Estimated Value: $113,000 - $179,000

4 Beds
2 Baths
1,754 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $10,500 $6 Per Sq Ft

Est. 1,221% increase in value since last sale

Current estimated payment $848/month

16 Days on Market

About This Home

As of January 2019

Attention investors! Excellent opening list price for this large two family in Detroit. Price is commensurate for condition of course, but the price is better than right! CASH only. Note: Seller requires a full 7 day waiting period from list date before negotiating offers.

Last Agent to Sell the Property

Jeannie Proffitt

Real Estate One-Southgate License #6501303589 Listed on: 12/18/2018

Real Estate One-Southgate

Last Buyer's Agent

Theresa Coleman

Slater Signature Homes License #6501413295

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00

Home Design

  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,754 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

  • 2 Units
  • John P Clark Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number W20I002949S

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1924
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1754
  • Total Sq Ft: 1754
  • Sq Ft Total Bsmt: 877

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 78557.1429
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W20I002949S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 887.0000
  • Tax Amount Winter: 66.0000
  • Total Tax: 953.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Jan 8, 2019
Sold by
Citimortgage Inc
Bought by
Mulgado Arnulfo
Seller's Agent
Jeannie Proffitt
Real Estate One-Southgate
Buyer's Agent
Theresa Coleman
Slater Signature Homes
List Price
$5,499
Sold Price
$10,500
Premium/Discount to List
$5,001
90.94%
Current Estimated Value
$138,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,225
Avg. Annual Appreciation
45.94%

Purchase Details

Closed on
Sep 6, 2016
Sold by
The Secrtary Of Hud
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 2, 2012
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 17, 2012
Sold by
Quinonez Perez Cesar A and Murga Ana
Bought by
Citimortgage Inc
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
Mulgado Arnulfo $10,500 Servicelink Llc
Citimortgage Inc -- None Available
Secretary Of Housing & Urban Development -- Attorney
Citimortgage Inc $71,790 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinonez Perez Cesar A $76,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $10,500 +90.9% $6 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $5,499 -- $3 / 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 $1,109 $26,000 $0 $0
2024 $1,109 $21,000 $0 $0
2023 $1,322 $16,500 $0 $0
2022 $1,402 $15,900 $0 $0
2021 $1,367 $13,000 $0 $0
2020 $1,367 $11,600 $0 $0
2019 $983 $8,900 $0 $0
2018 $887 $7,100 $0 $0
2017 $133 $7,000 $0 $0
2016 $1,352 $15,100 $0 $0
2015 $1,510 $15,100 $0 $0
2013 $1,668 $16,677 $0 $0
2010 -- $23,895 $524 $23,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218118829

Realcomp

APN: 20-002949