NOT LISTED FOR SALE

Detroit, MI 48206

Petoskey-Otsego Neighborhood

Estimated Value: $86,000 - $113,000

6 Beds
2 Baths
2,640 Sq Ft
$36/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $80,000 $30 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $599/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Accessible Bedroom
  • Cass Technical High School Rated 10
  • Balcony
  • Accessible Closets

About This Home

As of August 2022

This home since 08 June 2022 and is currently estimated at $95,991, approximately $36 per square foot. This property was built in 1923. This home is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Last Agent to Sell the Property

Juan Clavon

A Star National Realty License #6501167540 Listed on: 06/08/2022

Last Buyer's Agent

Jawana Tate

Amin Realty License #RCO-6501359513

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31.00x105.00
  • Fenced

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,640 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Stairway
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Doors
  • Accessible Entrance
  • Accessible Electrical and Environmental Controls

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W14I002902S

Community Details

Overview

  • 2 Units
  • Stormfeltz Lovely Co Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,434

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 15100.0000
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Stairway
  • Pets Allowed: Call
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Common
  • Sq Ft Combined: 2640
  • Total Sq Ft: 2640

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 31
  • Porch Type: Balcony, Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Oil
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 31.00X105.00
  • Parcel Number: W14I002902S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 1315.0000
  • Tax Amount Winter: 119.0000
  • Total Tax: 1434.0000
  • Taxable Value: 12529.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 5, 2022
Sold by
Reen Hollins Nettie
Bought by
Hollins Lori R
Seller's Agent
Juan Clavon
A Star National Realty
Buyer's Agent
Jawana Tate
Amin Realty
List Price
$87,900
Sold Price
$80,000
Premium/Discount to List
-$7,900
-8.99%
Current Estimated Value
$95,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,991
Avg. Annual Appreciation
5.88%
Source: Public Records

Range of Values:

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Average Value
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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
Hollins Lori R $80,000 Bell Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $80,000 -9.0% $30 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $87,900 -- $33 / 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 $1,082 $34,500 $0 $0
2024 $1,082 $28,400 $0 $0
2023 $1,269 $23,000 $0 $0
2022 $1,471 $19,800 $0 $0
2021 $1,434 $15,100 $0 $0
2020 $1,433 $18,200 $0 $0
2019 $1,413 $14,100 $0 $0
2018 $1,252 $12,400 $0 $0
2017 $220 $11,800 $0 $0
2016 $1,363 $28,300 $0 $0
2015 $1,146 $14,300 $0 $0
2013 $1,111 $19,865 $0 $0
2010 -- $28,463 $723 $27,740
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Juan Clavon

    A Star National Realty

    (313) 510-3283

    1 in this area

    70 Total Sales

    Juan Clavon
    Section Image
  • Jawana Tate

    Buyer's Agent in 2022

    Jawana Tate

    Amin Realty

    (833) 264-6832

    1 in this area

    12 Total Sales

    Jawana Tate
    Section Image
See All Agents

Source: Realcomp

MLS Number: 2220042741

Realcomp

APN: 14-002902

Michigan Wayne County Detroit 48204

Petoskey-Otsego

This home since 08 June 2022 and is currently estimated at $95,991, approximately $36 per square foot. This property was built in 1923. This home is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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