Seller's Agent in 2022
Ryan Kain
RE/MAX
(734) 626-7815
7 in this area
383 Total Sales
1968 Virginia Park St Detroit, MI 48206
LaSalle Gardens NeighborhoodEstimated Value: $175,000 - $371,790
6
Beds
2
Baths
2,764
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Balcony
- Forced Air Heating System
- Cass Technical High School Rated 10
- Porch
- 3-minute walk to Williams Recreation Center
About This Home
As of June 2022***OPPORTUNITY*** This MASSIVE duplex is ready for your creative genius and rehab flair! Located in the resurgent Virginia Park neighborhood, the property features 3 bedrooms, full bathroom, living room, dining room, and kitchen in each unit. Much of the historic beauty of the property is intact, including the fireplaces and most of the hardwood floors throughout the property. The property has ductwork for forced air, split utility meters for gas and electricity, and would make either a great rental property or rehab project to sell to an owner-occupant in this red-hot Detroit market! The property is conveniently located only a short distance from New Center and the numerous projects taking place in that vicinity. 2-unit multi-family properties in the area are renting for $1,400 per unit and selling in the $225-265K range so there is plenty of cash-flow in this for a buy and hold investor or for a fix-n-flip!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1919
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 35.00x135.00
- Historic Home
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
Interior Spaces
- 2 Full Bathrooms
- 2,764 Sq Ft Home
- 2-Story Property
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- On-Street Parking
- Unassigned Parking
Outdoor Features
- Balcony
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number W08I002024S
Community Details
Overview
- 2 Units
- Mc Gregors Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2022
Closed on
Jun 16, 2022
Sold by
Thowelka Llc
Bought by
Detroit Properties 1 Llc
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Marianne Burrows
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,198
Avg. Annual Appreciation
53.25%
Purchase Details
Closed on
Oct 10, 2019
Sold by
County Of Wayne
Bought by
Thowelka Llc
Purchase Details
Closed on
Jan 7, 2019
Sold by
Steve Moves Detroit Llc
Bought by
Ggga Holdings Llc
Purchase Details
Closed on
May 4, 2018
Sold by
Jefferson Anthony
Bought by
Detroit Steve Mover
Purchase Details
Closed on
Nov 10, 2014
Sold by
Roberts Mark
Bought by
Jefferson Anthony D
Purchase Details
Closed on
Aug 17, 2012
Sold by
Wayne County Treasurer
Bought by
Roberts Mark A
Purchase Details
Closed on
Dec 7, 2006
Sold by
Perkins Brenda and Hyman Marie
Bought by
Beasley Lawrence J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
11.41%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Detroit Properties 1 Llc | $77,000 | None Listed On Document | |
| Thowelka Llc | $15,400 | None Available | |
| Ggga Holdings Llc | -- | None Available | |
| Detroit Steve Mover | -- | None Available | |
| Jefferson Anthony D | -- | None Available | |
| Roberts Mark A | $600 | None Available | |
| Beasley Lawrence J | $70,000 | Accurate Title Agency & Escr |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Detroit Properties 1 Llc | $262,500 | |
| Previous Owner | Beasley Lawrence J | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2022 06/14/22 | Sold | $77,000 | -9.3% | $28 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 05/29/2022 05/29/22 | For Sale | $84,900 | -- | $31 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,674 | $25,200 | $0 | $0 |
| 2023 | $1,872 | $19,900 | $0 | $0 |
| 2022 | $1,439 | $18,200 | $0 | $0 |
| 2021 | $1,402 | $13,700 | $0 | $0 |
| 2020 | $1,402 | $12,000 | $0 | $0 |
| 2019 | $1,133 | $9,200 | $0 | $0 |
| 2018 | $836 | $7,300 | $0 | $0 |
| 2017 | $159 | $8,400 | $0 | $0 |
| 2016 | $1,505 | $26,100 | $0 | $0 |
| 2015 | $1,380 | $13,800 | $0 | $0 |
| 2013 | $1,912 | $19,117 | $0 | $0 |
| 2010 | -- | $27,390 | $797 | $26,593 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Kain
-
Buyer's Agent in 2022
Marianne Burrows
Berkshire Hathaway HomeServices The Loft Warehouse
(313) 353-6781
1 in this area
30 Total Sales
Map
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Source: Realcomp
MLS Number: 2220041167
APN: 08-002024
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