NOT LISTED FOR SALE

9479 Mcdougall St HamtraMcK, MI 48212

Estimated Value: $201,000 - $234,000

4 Beds
2 Baths
1,700 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $145,000 $85 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,400/month

32 Days on Market

About This Home

As of November 2020

A Beautiful Multifamily Located in the Heart of Hamtramck. It is close to freeways and Downtown Detroit. This multi unit property's offers 2 units, with 2 two bedrooms, 2 full bathrooms, 2 kitchen and Living in each unit. Did we mention it has full basement. This home offers great cash flow for investors looking in the up and coming Hamtramck market. This cash flowing property has 1 unit already rented. Home has had many updates throughout the years including freshly painted rooms and roof was updated in 2017. It is ready for you to move in. For homeowners, live in one unit and rent the other to wash off mortgage as well!

Last Agent to Sell the Property

Nazmul Islam

Home Source Realty LLC License #6502412661 Listed on: 09/28/2020

Last Buyer's Agent

Ben Bawazir

XPI Realty License #6501359047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x102.00

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,700 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Harrah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41006040136000
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,648

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1940
  • State Equalized Value: 33400.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2550
  • Sq Ft Lower Floor: 850
  • Total Sq Ft: 1700
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Hamtramck

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X102.00
  • Parcel Number: 41006040136000
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 1377.0000
  • Tax Amount Winter: 271.0000
  • Total Tax: 1648.0000
  • Taxable Value: 21689.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 19, 2020
Sold by
Ahmed Fayez
Bought by
Arnot Mahmoud
Seller's Agent
Nazmul Islam
Home Source Realty LLC
Buyer's Agent
Ben Bawazir
XPI Realty
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$223,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,569
Avg. Annual Appreciation
9.67%
Original Mortgage
$142,373
Outstanding Balance
$128,414
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$95,755
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
Arnot Mahmoud $145,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amot Mahmoud $142,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $145,000 -3.3% $85 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/18/2020 10/18/20 Price Changed $149,900 -6.3% $88 / Sq Ft
09/28/2020 09/28/20 For Sale $159,900 -- $94 / 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 $2,113 $91,400 $0 $0
2024 $2,113 $81,000 $0 $0
2023 $1,742 $67,900 $0 $0
2022 $1,533 $59,400 $0 $0
2021 $1,678 $48,800 $0 $0
2020 $1,663 $41,500 $0 $0
2019 $1,648 $33,400 $0 $0
2018 $1,346 $25,300 $0 $0
2017 $519 $24,400 $0 $0
2016 $1,187 $21,600 $0 $0
2015 $2,050 $20,500 $0 $0
2013 $2,040 $20,400 $0 $0
2012 $1,075 $22,800 $2,800 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200080297

Realcomp

APN: 41-006-04-0136-000