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Sold for $295,000
  • $295,000

    7061 Elmhurst St, Detroit, MI 48204

    10beds
    3,416sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $282,400 Zestimate®
    $86/sqft
    $963 Estimated rent

    Home value

    $282,400

    $237,000 - $325,000

    $963/mo

    Zestimate® history
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    What's special

    FOUR UNIT INCOME PRODUCING READY FOR MORE TENANTS. Renovated through and through including sewer, roof, windows, doors... 4 washer/dryer hookups, individual new meters, well insulated attic for energy efficiency. ALL new PVC and Pex throughout including house lines under basement floor with 4 new clean outs. Programmable thermostat, recessed lighting with dimmer, new concrete walkway and parking slab in back, new privacy fence- no detail has been spared. This property is well prepared for Section 8 inspections down to smoke and carbon monoxide detectors and properly placed fire extinguishers. It is as turn key as they come. Private inspection completed with good outcome, Title Commitment ready to go and has been successfully appraised. Last Buyers financing fell through. One existing tenant that has started a one year lease. Surrounded by newly renovated occupied properties and many underway. BATVAI

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Dell 248-464-1116,

    RE/MAX Leading Edge

    Bought with:

    Kay Ready, 6502431020

    Fathom Realty MI LLC

    Source: Realcomp II,MLS#: 20230058999MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Common,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,416 sqft
    • Finished area above ground: 3,416

    Property

    Parking
    • Total spaces: 6
    • Parking features: Sixor More Car Garage
    • Garage spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 5,227 sqft
    • Dimensions: 40.00 x 129.00
    Details
    • Parcel number: W16I005722S
    • 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, Block, Brick Mortar, Poured
    Condition
    • New construction: No
    • Year built: 1926
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Waterat Street

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: PONCHARTRAIN HEIGHTS SUB (PLATS)

    Other

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

    Price history

    DateEventPrice
    8/29/2023Sold$295,000-1.3%$86/sqft
    Source: Realcomp II #20230058999 Report a problem
    8/16/2023Pending sale$299,000$88/sqft
    Source: Realcomp II #20230058999 Report a problem
    7/20/2023Listed for sale$299,000$88/sqft
    Source: Realcomp II #20230058999 Report a problem
    7/20/2023Listing removed--
    Source: Realcomp II #20230028446 Report a problem
    7/6/2023Listed for sale$299,000$88/sqft
    Source: Realcomp II #20230028446 Report a problem
    5/30/2023Pending sale$299,000$88/sqft
    Source: Realcomp II #20230028446 Report a problem
    4/21/2023Price change$299,000-2%$88/sqft
    Source: Realcomp II #20230028446 Report a problem
    4/17/2023Listed for sale$305,000+510%$89/sqft
    Source: Realcomp II #20230028446 Report a problem
    10/25/2021Sold$50,000+25%$15/sqft
    Source: Public Record Report a problem
    6/14/2021Sold$40,000+151.6%$12/sqft
    Source: Public Record Report a problem
    11/2/2015Listing removed$15,900$5/sqft
    Source: Rivers Realty, Inc #215037770 Report a problem
    5/15/2015Listed for sale$15,900$5/sqft
    Source: Rivers Realty, Inc #215037770 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $4,200 +20%
    2024-- $3,500 +29.6%
    2023-- $2,700 +28.6%
    2022-- $2,100 -16%
    2021-- $2,500
    2020$219 -56.9%$2,500 +26.3%
    2019$508 $1,980 -5.7%
    2018$508 $2,100 +10.5%
    2017-- $1,900 -74.3%
    2016$1,176 $7,400 -32.1%
    2015$1,176 +3.9%$10,900 -27.9%
    2013$1,131 -3.8%$15,111 -30.2%
    2010$1,176 $21,651 -12%
    2009-- $24,603 -10.5%
    2008-- $27,489
    2007-- $27,489 +5.5%
    2005$113 $26,056 +3%
    2004-- $25,297 +198.9%
    2001$705 +10.1%$8,462 +3.2%
    2000$640 $8,200

    Find assessor info on the county website

    Neighborhood: Oakman

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $282,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $282,400