NOT LISTED FOR SALE

Estimated Value: $85,039 - $128,000

4 Beds
2 Baths
1,714 Sq Ft
$59/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $57,000 $33 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $746/month

23 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Dogs and Cats Allowed

About This Home

As of January 2020

Newly vacant duplex on well cared for block on Detroit's West side available! Close to transportation, shopping, and all the entertainment that downtown Detroit has to offer. Are you ready to start earning investment income? Live in one half and rent the other or rent both sides for double the income! Property is sold AS IS, buyer will be responsible for any municipal inspections. This is your chance to start or increase your rental portfolio!

Last Listed By

Kathlene Mitchell

Star Valley Realty LLC License #6501386538 Listed on: 10/09/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52.00x100.00

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,714 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W18I016153C4

Community Details

Overview

  • 2 Units
  • Robert Oakman Land Cos Aviation Field No 3 Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1952
  • State Equalized Value: 16100.0000
  • Pets Allowed: Breed Restrictions | Call | Cats OK | Dogs OK | No | Number Limit | Size Limit | 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: 1714
  • Total Sq Ft: 1714
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 541666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 52.00X100.00
  • Parcel Number: W18I016153C4
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 1580.0000
  • Tax Amount Winter: 153.0000
  • Total Tax: 1733.0000
  • Taxable Value: 16100.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2020
Sold by
Gardere Erin and Gardere Jane
Bought by
Blue Collar Capital Investments Llc
Total Days on Market
23
Current Estimated Value
$100,510

Purchase Details

Listed on
Oct 9, 2019
Closed on
Dec 30, 2019
Sold by
Fuda Lisa Investment Llc
Bought by
Gardere Erin and Gardere Jane
Seller's Agent
Kathlene Mitchell
Star Valley Realty LLC
Buyer's Agent
David Brooks
Detroit Real Estate Advisors, LLC
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Oct 11, 2016
Sold by
Fresh Start Property Soultio Llc
Bought by
Fuda Usa Investment Llc and Fuda Usa Investment Llc

Purchase Details

Closed on
Jul 11, 2016
Sold by
Detroit Property Exchange Company
Bought by
Fresh Start Property Solution Llc

Purchase Details

Closed on
Jun 29, 2016
Sold by
Detroit Property Exchange Company
Bought by
First Start Property Solutions Llc

Purchase Details

Closed on
Nov 15, 2013
Sold by
Detroit Property Exchange
Bought by
Shanklin Keith

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Detroit Property Exchange Company

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
Blue Collar Capital Investments Llc -- None Available
Gardere Erin $57,000 Embassy Title Agency Inc
Fuda Usa Investment Llc $27,000 E Progressive Title
Fresh Start Property Solution Llc -- None Available
First Start Property Solutions Llc -- None Available
Shanklin Keith -- None Available
Detroit Property Exchange Company $1,367 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $57,000 -12.3% $33 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $65,000 -- $38 / 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
2024 $2,225 $45,900 $0 $0
2023 $2,162 $35,900 $0 $0
2022 $2,318 $32,500 $0 $0
2021 $2,249 $26,000 $0 $0
2020 $2,249 $22,700 $0 $0
2019 $1,699 $17,000 $0 $0
2018 $1,580 $16,100 $0 $0
2017 $304 $16,000 $0 $0
2016 $829 $6,500 $0 $0
2015 $650 $6,500 $0 $0
2013 $770 $7,695 $0 $0
2010 -- $10,680 $912 $9,768
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 219104175

Realcomp

APN: 18-0161534