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Sold for $399,990
  • $399,990

    5900 Seminole St, Detroit, MI 48213

    8beds
    3,600sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $395,900 Zestimate®
    $111/sqft
    $1,460 Estimated rent

    Home value

    $395,900

    $348,000 - $439,000

    $1,460/mo

    Zestimate® history
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    What's special

    MULTIPLE OFFER SITUATION! HIGHEST AND BEST DUE BY MONDAY AT 5PM. REDUCED! LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5900 SEMINOLE NESTLED ON A 3,484 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 5,002 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marta Kopania 734-301-6553,

    1st Michigan Real Estate

    Bought with:

    Marta Kopania, 6501424283

    1st Michigan Real Estate

    Source: Realcomp II,MLS#: 20240070471MLS Logo

    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: 3,600 sqft
    • Finished area above ground: 3,600

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 3,484 sqft
    • Dimensions: 30.00 x 110.00
    Details
    • Parcel number: W17I007809S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Quadruplex
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1923
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: STEPHENS ELM PK (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/29/2024Sold$399,990$111/sqft
    Source: Realcomp II #20240070471 Report a problem
    10/29/2024Pending sale$399,990$111/sqft
    Source: Realcomp II #20240070474 Report a problem
    10/10/2024Price change$399,990-11.1%$111/sqft
    Source: Realcomp II #20240070474 Report a problem
    10/4/2024Price change$450,000-5.3%$125/sqft
    Source: Realcomp II #20240070471 Report a problem
    9/27/2024Price change$475,000-5%$132/sqft
    Source: Realcomp II #20240070474 Report a problem
    9/19/2024Listed for sale$500,000+1786.8%$139/sqft
    Source: Realcomp II #20240070471 Report a problem
    8/9/2023Sold$26,500+120.8%$7/sqft
    Source: Public Record Report a problem
    6/21/2023Pending sale$12,000$3/sqft
    Source: Realcomp II #20230023967 Report a problem
    6/5/2023Listed for sale$12,000$3/sqft
    Source: Realcomp II #20230023967 Report a problem
    5/5/2023Listing removed--
    Source: Realcomp II #20230023967 Report a problem
    5/2/2023Listed for sale$12,000$3/sqft
    Source: Realcomp II #20230023967 Report a problem
    4/1/2023Pending sale$12,000-85%$3/sqft
    Source: Realcomp II #20230023967 Report a problem
    8/30/2022Sold$80,228-7.8%$22/sqft
    Source: Public Record Report a problem
    6/19/2007Sold$87,000+16%$24/sqft
    Source: Public Record Report a problem
    11/14/2006Sold$75,000$21/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $45,700 +27.3%
    2024-- $35,900 +0.8%
    2023-- $35,600 +23.2%
    2022-- $28,900 -6.2%
    2021-- $30,800
    2020$639 -10.5%$30,800 +23.2%
    2019$714 $25,000 +21.4%
    2018$714 $20,600 -10.8%
    2017-- $23,100 +425%
    2016$847 $4,400
    2015$847 +63.6%$4,400 -15%
    2013$518 -38.9%$5,179 -31.8%
    2010$847 $7,593 -12%
    2009-- $8,628 -13.5%
    2008-- $9,975
    2007-- $9,975 +5.5%
    2005$115 $9,455 +3%
    2004-- $9,180

    Find assessor info on the county website

    Neighborhood: Gratiot Town/Ketterring

    Nearby schools

    GreatSchools rating
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