NOT LISTED FOR SALE

Estimated Value: $228,000 - $280,226

6 Beds
2 Baths
2,400 Sq Ft
$109/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $230,000 $96 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,529/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Lobby
  • 2 Car Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Welcome to this Updated, Sharp 2 unit Brick property. Located on a street that is currently gentrifying. This Multi family has been renovated and ready for occupancy. Major professional updates include, Roof, energy eff. Windows, Kitchens with granite counters, Bathrooms with ceramic custom tile, hardwood floors, a natural fireplace in each unit. Both units have Three Bedrooms. The walk up 3rd story is unfinished, wide open with loads of potential ! Central air in one of the units, Separate basement areas each with its own laundry facility. An Excellent investment !!

Last Agent to Sell the Property

Howard Genser

NHL Real Estate License #6501245130 Listed on: 06/14/2022

Last Buyer's Agent

Ishma Best

PREP Realty License #RCO-6502415723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2022

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00 x 139.00

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,400 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W10I002448S

Community Details

Overview

  • 2 Units
  • Joy Farm Subdivision

Amenities

  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

Year Built

Built in 1923 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Common Entry Building, Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Assessment: 340.00
  • Year Built: 1923
  • State Equalized Value: 19600.0000
  • Year Renovated: 2022
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 35.00 x 139.00
  • Parcel Number: W10I002448S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 1184.0000
  • Tax Amount Winter: 103.0000
  • Total Tax: 1287.0000
  • Taxable Value: 10849.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 26, 2022
Sold by
Gkf1 Group Llc
Bought by
Carter Kevin and Gedam Segen
Seller's Agent
Howard Genser
NHL Real Estate
Buyer's Agent
Ishma Best
PREP Realty
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$257,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,415
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Oct 29, 2003
Sold by
Kresch Ed and Kresch Susan
Bought by
Gkfi Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carter Kevin $230,000 None Listed On Document
Gkfi Group Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $230,000 -4.1% $96 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $239,900 -- $100 / 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 $2,192 $45,300 $0 $0
2024 $1,975 $37,500 $0 $0
2023 $2,163 $30,500 $0 $0
2022 $1,320 $25,500 $0 $0
2021 $1,287 $19,600 $0 $0
2020 $1,287 $23,500 $0 $0
2019 $1,269 $18,300 $0 $0
2018 $1,130 $15,100 $0 $0
2017 $190 $14,900 $0 $0
2016 $1,226 $34,800 $0 $0
2015 $993 $12,600 $0 $0
2013 $1,050 $17,488 $0 $0
2010 -- $25,057 $791 $24,266
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 20221004496

Realcomp

APN: 10-002448