16290 Greenfield Road

Sold 1/18/21
Sold 1/18/21
Untitled.jpg
Last Sold Price
$310,000
10 beds5,972 sqft$52/sqft
16290 Greenfield Road, Detroit, MI 48235

Description

8 unit apartment building located on the east side of greenfield between mcnichols and puritan ave. Six units are currently occupied. Ledgers and more information on tenants/rent amounts given upon request. All showings required at least 72 hour notice to schedule with mgmt co. Property is sold as-is. All dimensions are estimated and should be verified with the buyer's agent. Buyer to pay a $250 processing fee at closing. All showings require a licensed agent present.8 unit apartment building located on the east side of greenfield between mcnichols and puritan ave. Six units are currently occupied. Ledgers and more information on tenants/rent amounts given upon request. All showings required at least 72 hour notice to schedule with mgmt co. Property is sold as-is. All dimensions are estimated and should be verified with the buyer's agent. Buyer to pay a $250 processing fee at closing. All showings require a licensed agent present.
LISTING CLOSED: 01/18/2021 12:00 AM

  1. Listed by Mark Hutter • Brokerage DRE #6505372593 • Detroit Investment Company
    P: (734) 838-9197 C: (734) 637-1963 rmiller@detpro.com

Property Details for 16290 Greenfield Road

Status
Sold
MLS #
2200046620
Days on Market
123
Taxes
$6,292 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Multi Family
Year Built
1957
Lot Size
-
County
Wayne County
Subdivision Name
TARABUSI GREENFIELD GARDENS (PLATS)
Architectural Style
Other
Waterfront
No
Zoning Description
Multi-Family

Recent comparable sales

Median sold price

$303,000

Avg days on market

65

Sale-to-list ratio

90.4%

Detroit, MI

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Location

Listing Courtesy of Detroit Investment Company

Sold By KW Metro

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Building Information for 16290 Greenfield Road

Stories-Residences8Year Built1957Building Size-Lot Size-

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$2,100 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,576

Property Taxes

$524

HOA Dues

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Property Information for 16290 Greenfield Road

Summary
Location and General Information
  • Directions: SOUTH OF MCNICHOLS, EAST OF GREENFIELD
  • Latitude: 42.411002
  • Longitude: -83.198683
  • Cross Street: S of MCNICHOLS/E of SIDE OF GREENFIELD
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I050042S
  • Tax Amount Summer: $5,612.70
  • Tax Amount Winter: $679.13
  • Tax Annual Amount: $6,291.83
  • Tax Assessed Value: $71,600.00
  • Tax Legal Description: E GREENFIELD 11 TARABUSI GREENFIELD GARDENS SUB L50 P46 PLATS, W C R 22/157 61.14 IRREG
School Information
  • High School District: Detroit
Property
Lot Information
  • Lot Size Dimensions: IRREGULAR
  • Encroachment: No
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 71600.0
  • Living Area: 5972.0
  • Building Area Total: 5972.0
  • Above Grade Finished Area: 5972.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1957.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1957
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 8.0
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 8
  • Bathrooms Total Integer: 8
  • Heating: Baseboard, Hot Water, Natural Gas, Radiant, Steam
  • Has Heating: Yes
  • UnitOneBedNumberOf: 6
  • UnitTwoBedNumberOf: 2
Multi Family
Multi Family Information
  • Number of Units Leased: 6
  • Number of Units Total: 8
  • Unit Records: 2
Income & Expenses
  • Gross Scheduled Income: $51,120.00
  • Net Operating Income: $24,866.50
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Sq Ft: 800.0
  • Type: Two Bedroom
  • Total Units: 2.0
Unit 2
  • Total Bathrooms: 1
  • Sq Ft: 750.0
  • Type: One Bedroom
  • Total Units: 6.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $4,260.00
  • Existing Lease: Yes
  • Pets Allowed: No

Property History for 16290 Greenfield Road

DateEvent & SourcePriceAppreciation
Jan 18, 2021

Sold

MiRealSource #40069576

$310,000—
Jan 18, 2021

Sold

Realcomp #2200046620

$310,000—
Jan 11, 2021

Sold (Public Record)

Public Record #691818109

$310,000

+1.0% / yr

DateEvent & SourcePrice
01/18/2021

Sold

MiRealSource #40069576

$310,000
01/18/2021

Sold

Realcomp #2200046620

$310,000
01/11/2021

Sold (Public Record)

Public Record #691818109

$310,000

+1.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16290 Greenfield Road

Taxable ValueLand-Additions-Total-
Tax Record2025$9,730 ($811 / month)
Home Facts
Total Finished SqFt6,076 SqFtAbove Grade Finished SqFt6,076 SqFtStories2Lot Size6,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1957Year Renovated1957ZoningR4CountyWAYNEAPN22050042.

Schools near 16290 Greenfield Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Young Coleman A. Elementary
Public - PK to 5
Foreign Language Immersion And Cultural Studies
Public - PK to 8
Bates Academy
Public - PK to 8
King John R. Academic And Performing Arts Academy
Public - PK to 8
Rating
School
Distance
Young Coleman A. Elementary
PublicPK to 5

Foreign Language Immersion And Cultural Studies
PublicPK to 8

Bates Academy
PublicPK to 8

King John R. Academic And Performing Arts Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16290 Greenfield Road, Detroit, MI 48235
$310,000
10
5,972
–
16280 Greenfield Road, Detroit, MI 48235
–
–
1
724
3,920
16270 Greenfield Road, Detroit, MI 48235
–
–
1
839
2,614
16266 Greenfield Road, Detroit, MI 48235
$6,300
2
1,248
2,500
16260 Greenfield Road, Detroit, MI 48235
$1,856
–
1
839
2,614
16251 Prest Street, Detroit, MI 48235
$158,000
3
1,379
7,405

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Detroit Investment Company

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