$65,000
SOLD JUN 23, 2017

9470 Charest St HamtraMcK, MI 48212

7 Beds
4 Baths
2,400 Sq Ft
1929 Built

Recently Sold

$27 Per Sq Ft

14% Below List Price

8 Days on Market

About This Home

As of October 2018

Investors! 4 unit multi-family property located centrally in Hamtramck. Walking distance from all shopping, schools and major businesses. Three out of four units are currently occupied with long term tenants and generating income. Each unit has its own furnace, hot water heater and electric (newer circuit panels and wiring). Full basement with common laundry area and walk-out stairs. Basement unit has two bedrooms and needs some TLC. Attic is finished as a studio unit. Upper and lower unit has rear entrances with kitchen, bathroom and two bedrooms. Perfect for an investor looking to generate monthly income! Land contract terms available with 0% interest. Seller will not consider anything lower than full purchase price for land contract offers.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group LLC License #MISPE-6502415090 Listed on: 05/08/2017

Last Buyer's Agent

Syed Mohsin

Amin Realty License #RCO-6501386186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1929

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 2-Story Property
  • Separate Meters
  • Basement

Community Details

  • 4 Units
  • Charest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41-006-03-0159-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,953

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1929
  • Mail City: Hamtramck
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 2400

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water At Street
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 41-006-03-0159-000
  • Lot Dimensions: 30
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,644.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Hamtramck Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 22, 2018
Sold by
Rahman Ahmedur
Bought by
Roy Samarendra Deb
Seller's Agent
Nazmul Islam
Home Source Realty LLC
Buyer's Agent
Muhammed Nasser
Real Estate Advantage
List Price
$115,000
Sold Price
$114,500
Premium/Discount to List
-$500
-0.43%
Current Estimated Value
$252,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,106
Avg. Annual Appreciation
11.74%
Original Mortgage
$91,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2018
Sold by
Bedker Rachel
Bought by
Rahman Ahmedur and Rahman Shamima

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 24, 2017
Sold by
Choudhary Faisal A and Choudhary Shorifatul
Bought by
Rahman Ahmedur
Seller's Agent
Albert Hakim
City Real Estate Group LLC
Buyer's Agent
Syed Mohsin
Amin Realty
List Price
$75,900
Sold Price
$65,000
Premium/Discount to List
-$10,900
-14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%

Purchase Details

Closed on
Oct 15, 2012
Sold by
Wayne County Treasurer
Bought by
Choudhury Faisal A
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 $114,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed $10,000 None Available
Quit Claim Deed $17,200 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $114,500 -0.4% $64 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $115,000 +76.9% $64 / Sq Ft
06/23/2017 06/23/17 Sold $65,000 -14.4% $27 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $75,900 -- $32 / 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
2025 $1,953 $110,800 $0 $0
2024 $1,953 $97,900 $0 $0
2023 $2,260 $81,900 $0 $0
2022 $1,935 $71,600 $0 $0
2021 $2,191 $57,600 $0 $0
2020 $2,174 $48,600 $0 $0
2019 $2,156 $37,300 $0 $0
2018 $1,889 $29,500 $0 $0
2017 $653 $30,400 $0 $0
2016 $1,965 $27,100 $0 $0
2015 $2,580 $25,800 $0 $0
2013 $3,030 $30,300 $0 $0
2012 $2,724 $33,800 $3,000 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31319381

Michigan Multiple Listing Service

APN: 41-006-03-0159-000