J
Seller's Agent in 2019
Jeffrey Scott
NextHome Edge
(734) 846-3833
25 Total Sales
4830 Grayton St Detroit, MI 48224
East English Village NeighborhoodEstimated Value: $257,000 - $562,000
4
Beds
5
Baths
2,922
Sq Ft
$128/Sq Ft
Est. Value
Highlights
- Porch
- Lobby
- Heating System Uses Steam
- Cass Technical High School Rated 10
- Hot Water Heating System
- Walk-Up Access
About This Home
As of August 2019Turn Key multifamily investment opportunity in East English Village. This property has passed all Detroit Certificate of Compliance requirements and is 100% occupied with monthly rents of $2710/mo ($32,520/year). Well cared for property with newer roof, vinyl Wallside windows, and countless other updates. Please do not approach tenants or enter property. Showings will be arranged once an offer or letter of intent has been presented. This is an extremely rare opportunity to own a piece of Detroit without starting from scratch.
Last Listed By
Jeffrey Scott
NextHome Edge License #6501292878 Listed on: 06/24/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1931
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 41.00x168.50
Parking
- Paved Parking
Home Design
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
- Asphalt Roof
- Masonry
Interior Spaces
- 5 Full Bathrooms
- 2,922 Sq Ft Home
- 2-Story Property
- Carbon Monoxide Detectors
Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Outdoor Features
- Porch
Utilities
- Hot Water Heating System
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Shared Water Meter
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number W21I073969S
Community Details
Overview
- 5 Units
- Arthur J Scullys Vogt Farm Sub Subdivision
Amenities
- Lobby
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2019
Closed on
Jul 27, 2019
Sold by
Perez Pedro M and Perez Agustina Q
Bought by
Motown Moresco Llc
Seller's Agent
Jeffrey Scott
NextHome Edge
Buyer's Agent
David Brooks
Detroit Real Estate Advisors, LLC
List Price
$162,000
Sold Price
$162,000
Total Days on Market
2
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
$211,668
Avg. Annual Appreciation
10.17%
Purchase Details
Closed on
Jun 6, 2017
Sold by
Perez Pedro M and Perez Agustina Q
Bought by
Perez Pedro M
Purchase Details
Listed on
Jul 16, 2014
Closed on
Oct 23, 2014
Sold by
Kuchulan Thomas and Kuchulan Brenda
Bought by
Perez Pedro
Seller's Agent
Thom Kuchulan
RE/MAX First
Buyer's Agent
John Lewis
Max Broock, REALTORS®-Birmingham
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Motown Moresco Llc | $162,000 | Liberty Title | |
| The Perez Family Revocable 2006 Trust | -- | Liberty Title | |
| Perez Pedro M | -- | None Available | |
| Perez Pedro | $135,000 | Etitle |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2019 08/02/19 | Sold | $162,000 | 0.0% | $55 / Sq Ft |
| 06/26/2019 06/26/19 | Pending | -- | -- | -- |
| 06/24/2019 06/24/19 | For Sale | $162,000 | +20.0% | $55 / Sq Ft |
| 10/23/2014 10/23/14 | Sold | $135,000 | 0.0% | $32 / Sq Ft |
| 10/23/2014 10/23/14 | Sold | $135,000 | -9.9% | $48 / Sq Ft |
| 09/19/2014 09/19/14 | Pending | -- | -- | -- |
| 09/19/2014 09/19/14 | Pending | -- | -- | -- |
| 07/16/2014 07/16/14 | For Sale | $149,900 | 0.0% | $54 / Sq Ft |
| 03/25/2014 03/25/14 | For Sale | $149,900 | -- | $36 / 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 | $7,131 | $241,700 | $0 | $0 |
| 2023 | $6,937 | $189,500 | $0 | $0 |
| 2022 | $7,483 | $140,000 | $0 | $0 |
| 2021 | $7,242 | $89,800 | $0 | $0 |
| 2020 | $7,240 | $79,100 | $0 | $0 |
| 2019 | $1,500 | $59,800 | $0 | $0 |
| 2018 | $1,411 | $47,300 | $0 | $0 |
| 2017 | $258 | $40,000 | $0 | $0 |
| 2016 | $1,541 | $14,200 | $0 | $0 |
| 2015 | $1,420 | $14,200 | $0 | $0 |
| 2013 | $1,969 | $19,688 | $0 | $0 |
| 2010 | -- | $27,326 | $2,026 | $25,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
David Brooks
D
Buyer's Agent in 2019
David Brooks
Detroit Real Estate Advisors, LLC
(313) 333-1506
73 Total Sales
-
Thom Kuchulan
Seller's Agent in 2014
Thom Kuchulan
RE/MAX
(313) 530-6000
39 Total Sales
-
John Lewis
Buyer's Agent in 2014
John Lewis
Max Broock, REALTORS®-Birmingham
(248) 906-9674
87 Total Sales
Map
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Source: Realcomp
MLS Number: 219061532
APN: 21-073969
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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