$72,000
SOLD FEB 23, 2017

9362 Charest St HamtraMcK, MI 48212

4 Beds
2 Baths
1,600 Sq Ft
1929 Built

Recently Sold

$45 Per Sq Ft

9% Below List Price

35 Days on Market

Highlights

  • Covered patio or porch
  • Baseboard Heating
  • Garage

About This Home

As of January 2019

Great investment opportunity! Current owner has owned it for over 20+ years and is ready to relinquish control of such a profitable property. Duplex was rented for $500 per month per unit. Two bedrooms each. Due to the tremendous tax base from industry (GM Detroit/Hamtramck plant) .... The City provides a lot of immediate services. Located within minutes of Downtown Detroit. This gem of a location is a one of a kind opportunity. Submit your offer immediately in order to be a part of this transforming community.

Last Agent to Sell the Property

Harry Lee

Paloma Realty License #6501376856 Listed on: 11/15/2016

Last Buyer's Agent

Edward Remenapp

Coldwell Banker Professionals-GPF License #6501146184

Coldwell Banker Professionals-GPF

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,600 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Covered patio or porch
  • Lot Dimensions are 30x100

Community Details

  • 2 Units
  • Charest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41006030141000

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1600
  • Total Sq Ft: 1600
  • Sq Ft Total Bsmt: 1600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Schools

  • School District: Hamtramck

Lot Info

  • Lot Dimensions: 30x100
  • Parcel Number: 41006030141000
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 500

Tax Info

  • Tax Amount Summer: 1390.0000
  • Tax Amount Winter: 411.0000
  • Total Tax: 1801.0000

Multi Family

  • Gross Scheduled Income: 6000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 4, 2019
Sold by
Ahmed Ziyaad and Ahmed Yasmin
Bought by
Shareef Munir
Seller's Agent
Omar Ghazzawi
Keller Williams Legacy
Buyer's Agent
Nadia Kassim
Network Realty LLC
List Price
$124,900
Sold Price
$80,000
Premium/Discount to List
-$44,900
-35.95%
Current Estimated Value
$206,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,619
Avg. Annual Appreciation
16.21%

Purchase Details

Listed on
Nov 15, 2016
Closed on
Feb 27, 2017
Sold by
Robenek Marek and Robenek Irena
Bought by
Ahmed Ziyaad
Seller's Agent
Harry Lee
Paloma Realty
Buyer's Agent
Edward Remenapp
Coldwell Banker Professionals-GPF
List Price
$79,000
Sold Price
$72,000
Premium/Discount to List
-$7,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$54,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2003
Sold by
Wlazlik Barbara and Robenek Barbara
Bought by
Robenek Marek
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 Type Sale Price Title Company
Warranty Deed $80,000 Leading Edge Title Agency
Warranty Deed $72,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $54,000 New Conventional
Previous Owner $59,500 Fannie Mae Freddie Mac
Previous Owner $17,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $80,000 -15.7% $50 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
12/14/2018 12/14/18 Price Changed $94,900 -5.0% $59 / Sq Ft
11/20/2018 11/20/18 Price Changed $99,900 -9.1% $62 / Sq Ft
10/31/2018 10/31/18 Price Changed $109,900 -12.0% $69 / Sq Ft
10/22/2018 10/22/18 For Sale $124,900 +73.5% $78 / Sq Ft
02/23/2017 02/23/17 Sold $72,000 -8.9% $45 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $79,000 -- $49 / 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
2024 $2,271 $90,200 $0 $0
2023 $2,628 $75,500 $0 $0
2022 $2,250 $66,000 $0 $0
2021 $2,548 $53,100 $0 $0
2020 $2,528 $44,200 $0 $0
2019 $1,586 $33,900 $0 $0
2018 $1,703 $26,800 $0 $0
2017 $760 $35,300 $0 $0
2016 $2,284 $31,500 $0 $0
2015 $3,000 $30,000 $0 $0
2013 $3,060 $30,600 $0 $0
2012 $1,495 $34,200 $2,700 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216110220

Realcomp

APN: 41-006-03-0141-000