Sold for $191,000

$191,000

3509 Concord St, Detroit, MI 48207

8beds

2,706sqft

Multi Family

Built in 1916

-- sqft lot

$210,300 Zestimate^®

$71/sqft

$1,302 Estimated rent

Home value

$210,300

$179,000 - $246,000

$1,302/mo

Zestimate^® history

Owner options

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$1,302/mo

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$1,302/mo

Rent Zestimate^®

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$1,390/mo

Est. payment

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$1,390/mo

Est. payment

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What's special

MULTIPLE OFFER SITUATION. HIGHEST AND BEST BY MONDAY AT NOON. REDEVELOPMENT OPPORTUNITY! LOCATED 4 MINUTES FROM INFAMOUS INDIAN VILLAGE YOU WILL FIND 3509 CONCORD NESTLED ON A 4,312 SQUARE FOOT LOT IN THE QUIET "ISLANDVIEW" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST FOUR 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 4 NEWLY INSTALLED FURNACE AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND COPPER PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1166 and $1295 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2461 PER MONTH. TENANTS PAYS ALL UTILITIES TO GUARANTEE AN ENORMOUS CASH ON CASH RETURN. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Hot Water, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,706 sqft
Finished area above ground: 2,706

Property

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 43.00 x 100.00

Details

Parcel number: W15I011673S001
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

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

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1916

Utilities & green energy

Sewer: Sewer At Street
Water: Waterat Street

Community & HOA

Community

Subdivision: MC LEODS SUB OF N PART OF LOT 7

Location

Region: Detroit

Financial & listing details

Price per square foot: $71/sqft
Tax assessed value: $7,704
Annual tax amount: $1,014
Date on market: 6/29/2023
Cumulative days on market: 253 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Exclusion(s) Do Not Exist

Price history

Date	Event	Price
1/19/2024	Sold	$191,000+0.6%$71/sqft
Source: Realcomp II #20230052797 Report a problem
1/19/2024	Pending sale	$189,900$70/sqft
Source: Realcomp II #20230052797 Report a problem
11/9/2023	Price change	$189,900+0.2%$70/sqft
Source: Realcomp II #20230052797 Report a problem
11/6/2023	Price change	$189,500-0.3%$70/sqft
Source: Realcomp II #20230052797 Report a problem
10/31/2023	Price change	$190,000-2.6%$70/sqft
Source: Realcomp II #20230052797 Report a problem
10/19/2023	Listed for sale	$195,000$72/sqft
Source: Realcomp II #20230052797 Report a problem
10/11/2023	Listing removed	--
Source: Realcomp II #20230052797 Report a problem
9/27/2023	Price change	$195,000+2.7%$72/sqft
Source: Realcomp II #20230052797 Report a problem
9/14/2023	Price change	$189,900-2.6%$70/sqft
Source: Realcomp II #20230052797 Report a problem
8/24/2023	Price change	$195,000-1.3%$72/sqft
Source: Realcomp II #20230052797 Report a problem
8/8/2023	Price change	$197,500-1.3%$73/sqft
Source: Realcomp II #20230052797 Report a problem
6/29/2023	Listed for sale	$200,000+2.6%$74/sqft
Source: Realcomp II #20230052797 Report a problem
6/28/2023	Listing removed	$195,000$72/sqft
Source: Realcomp II #20230036735 Report a problem
6/27/2023	Price change	$195,000-2.5%$72/sqft
Source: Realcomp II #20230036735 Report a problem
6/18/2023	Price change	$200,000-11.1%$74/sqft
Source: Realcomp II #20230036735 Report a problem
6/9/2023	Price change	$225,000+12.6%$83/sqft
Source: Realcomp II #20230036735 Report a problem
5/21/2023	Price change	$199,900-20%$74/sqft
Source: Realcomp II #20230036735 Report a problem
5/16/2023	Price change	$250,000-16.7%$92/sqft
Source: Realcomp II #20230036735 Report a problem
5/12/2023	Listed for sale	$300,000+114.4%$111/sqft
Source: Realcomp II #20230036735 Report a problem
4/1/2022	Listing removed	--
Source: Realcomp II #2220000131 Report a problem
2/28/2022	Price change	$139,900-6.7%$52/sqft
Source: Realcomp II #2220000131 Report a problem
2/1/2022	Price change	$150,000-14.3%$55/sqft
Source: Realcomp II #2220000131 Report a problem
1/13/2022	Price change	$175,000-12.5%$65/sqft
Source: Realcomp II #2220000131 Report a problem
1/3/2022	Listed for sale	$200,000+233.3%$74/sqft
Source: Realcomp II #2220000131 Report a problem
8/30/1999	Sold	$60,000$22/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$84,100 +28.4%
2024	--	$65,500 +62.5%
2023	--	$40,300 +37.1%
2022	--	$29,400 +1%
2021	--	$29,100
2020	$1,210 +27.4%	$29,100 +31.7%
2019	$950	$22,100 +10%
2018	$950	$20,100 -2.4%
2017	--	$20,600 -74%
2016	$829	$79,200 +725%
2015	$829 +25.3%	$9,600 -14.2%
2013	$661 -20.2%	$11,193 -31.8%
2010	$829	$16,410 -12%
2009	--	$18,648 -13.5%
2008	--	$21,558
2007	--	$21,558 +5.5%
2005	$66	$20,434 +3%
2004	--	$19,839 +300.8%
2001	$412 +10%	$4,950 +3.1%
2000	$374	$4,800