NOT LISTED FOR SALE

Estimated Value: $47,426 - $118,000

2 Beds
2 Baths
1,721 Sq Ft
$51/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $10,000 $6 Per Sq Ft

Est. 774% increase in value since last sale

Current estimated payment $579/month

14 Days on Market

About This Home

As of July 2023

PROPERTY HAD A FIRE, THIS IS AN "AS IS" SALE --- THE SELLER IS NOT RESPONSIBLE FOR ANY REPAIRS INCLUDING FROM INSPECTION REPORTS. The buyer will pay the listing agent a $625 transaction fee. The buyer will be responsible for all closing costs including the seller's closing costs.

Last Agent to Sell the Property

Ricky Jordan

R L Jordan Real Estate Co License #6502351543 Listed on: 06/15/2023

Last Buyer's Agent

Marc Johnson

Johnson Realty Group, LLC License #6502359310

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52.00 x 101.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,721 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W22I056730S001

Community Details

Overview

  • 2 Units
  • Assessors Detroit Plat No 25 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1950
  • State Equalized Value: 21800.0000
  • Pets Allowed: Yes
  • 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: 1721
  • Total Sq Ft: 1721
  • Sq Ft Total Bsmt: 1706

Exterior Features

  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 52
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 52.00 x 101.00
  • Parcel Number: W22I056730S001
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 1162.0000
  • Tax Amount Winter: 111.0000
  • Total Tax: 1273.0000
  • Taxable Value: 11819.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Falouji Mahdi
Bought by
Alrayaan Investments Llc
Current Estimated Value
$87,357

Purchase Details

Closed on
Mar 7, 2007
Sold by
Harshfield James B
Bought by
Murphy Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.27%
Mortgage Type
Commercial
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
Alrayaan Investments Llc -- None Listed On Document
Murphy Eric $35,000 National Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Eric $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $10,000 -49.7% $6 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $19,900 -- $12 / 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 $1,231 $35,000 $0 $0
2024 $1,231 $30,000 $0 $0
2023 $1,195 $23,800 $0 $0
2022 $1,273 $21,800 $0 $0
2021 $1,239 $16,600 $0 $0
2020 $1,239 $17,300 $0 $0
2019 $1,220 $15,100 $0 $0
2018 $1,173 $13,400 $0 $0
2017 $201 $11,900 $0 $0
2016 $1,274 $12,400 $0 $0
2015 $1,240 $12,400 $0 $0
2013 $1,746 $17,457 $0 $0
2010 -- $25,011 $1,263 $23,748
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 20230048005

Realcomp

APN: 22-056730-001