Sold for $25,000

$25,000

2988 Virginia Park St, Detroit, MI 48206

4beds

2,042sqft

Multi Family

Built in 1916

-- sqft lot

$-- Zestimate^®

$12/sqft

$1,600 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,600/mo

Zestimate^® history

Owner options

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$1,600/mo

Rent Zestimate^®

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$144/mo

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$144/mo

Est. payment

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What's special

This area has seen a strong increase in after repair values. There is a great opportunity for sweat equity and forced appreciation on this one. Perfect opportunity for investors to do a fix and flip or BRRRR. Each unit has 2 bedrooms and 1 bathroom. SOLD AS-IS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,042 sqft
Finished area above ground: 2,042

Property

Parking

Total spaces: 2
Parking features: Two Car Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 6,534 Square Feet
Dimensions: 53.00 x 125.00

Details

Parcel number: W12I001851C2
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Brick Mortar

Condition

New construction: No
Year built: 1916

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: MONTCLAIR LAND CO LTD SUB (PLATS)

Location

Region: Detroit

Financial & listing details

Price per square foot: $12/sqft
Tax assessed value: $8,390
Annual tax amount: $1,065
Date on market: 9/27/2024
Cumulative days on market: 112 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
12/28/2024	Pending sale	$33,000+32%$16/sqft
Source: Realcomp II #20240072747 Report a problem
12/4/2024	Sold	$25,000-24.2%$12/sqft
Source: Realcomp II #20240072747 Report a problem
10/30/2024	Price change	$33,000-5.7%$16/sqft
Source: Realcomp II #20240072747 Report a problem
10/23/2024	Price change	$35,000-12.5%$17/sqft
Source: Realcomp II #20240072747 Report a problem
10/9/2024	Price change	$40,000-11.1%$20/sqft
Source: Realcomp II #20240072747 Report a problem
9/27/2024	Listed for sale	$45,000-18.2%$22/sqft
Source: Realcomp II #20240072747 Report a problem
8/21/2024	Listing removed	$55,000-15.4%$27/sqft
Source: Realcomp II #20240047850 Report a problem
7/18/2024	Price change	$65,000-7.1%$32/sqft
Source: Realcomp II #20240047850 Report a problem
7/6/2024	Listed for sale	$70,000+607.1%$34/sqft
Source: Realcomp II #20240047850 Report a problem
10/18/2010	Listing removed	$9,900$5/sqft
Source: Keller Williams Realty #210031556 Report a problem
3/20/2010	Listed for sale	$9,900$5/sqft
Source: KELLER WILLIAMS LIV MKT CNTR #210031556 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2015	$1,157	$7,500 -19.5%
2014	$1,157 -18.7%	$9,321 -10%
2013	$1,424 -13.8%	$10,356 -13%
2012	$1,651 +12.6%	$11,903 -8.8%
2011	$1,465 -8.8%	$13,057 -12%
2010	$1,606 -8.4%	$14,838 -12%
2009	$1,753 -11.4%	$16,861 -10.5%
2008	$1,979	$18,839