448 Alter Road

Closed 8/3/20
Closed 8/3/20
448 Alter
2nd Floor Bedroom
2nd Floor Bedroom
2nd Floor Bedroom
31399230-4.JPG
31399230-5.JPG
2nd Floor Bath
31399230-7.JPG
1st Floor Bedroom
1st Floor Hallway
1st Floor Kitchen
1st Floor Kitchen
1st Floor Kitchen
1st Floor Living Room
Last Sold Price
$121,900
3 beds1,641 sqft$74/sqft
448 Alter Road, Detroit, MI 48215

Description

Great investment opportunity, whether you are looking for a turn key income generator or to live in one unit and rent the other to pay the mortgage. Fixed costs are very low. Gas and water combined is approximately $130 a month. Utility bill history available with accepted offer. Separate electrical which tenant pays. Many major updates over the past few years. Updated Kitchens, refinished hardwood floors, all new copper plumbing, upgraded electric, and new concrete driveway. Both units have their...Great investment opportunity, whether you are looking for a turn key income generator or to live in one unit and rent the other to pay the mortgage. Fixed costs are very low. Gas and water combined is approximately $130 a month. Utility bill history available with accepted offer. Separate electrical which tenant pays. Many major updates over the past few years. Updated Kitchens, refinished hardwood floors, all new copper plumbing, upgraded electric, and new concrete driveway. Both units have their own washer and dryer. Both the C of O and city lead inspection have been passed/completed. Lower Unit occupied with long term tenant with excellent rental history. Upper unit vacant for showings but was previously rented at $650 a month. Please DO NOT go on property without appointment!
LISTING CLOSED: 08/03/2020 12:00 AM

  1. Listed by Chace Wakefield • Brokerage DRE #6505203476 • Bolton-Johnston Assoc. of G.P.
    P: (313) 549-2401 chacewakefield@yahoo.com

Property Details for 448 Alter Road

Status
Closed
MLS #
58031399230
Days on Market
103
Taxes
$1,535 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Multi Family
Year Built
1951
Lot Size
0.15 AC / 6,750 SF
County
Wayne County
Subdivision Name
WINDMILL POINTE SUB ALSO P6
Architectural Style
Cape Cod, Duplex
Waterfront
No
Zoning Description
Residential

Recent comparable sales

Median sold price

$115,000

Avg days on market

42

Sale-to-list ratio

89.3%

Detroit, MI

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Location

Listing Courtesy of Bolton-Johnston Assoc. of G.P.

Sold By Pro Realty

Add your commute

Building Information for 448 Alter Road

Stories-Residences2Year Built1951Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$748 per month

30 year fixed, 6.55% Interest

Principal and Interest

$620

Property Taxes

$128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 448 Alter Road

Summary
Location and General Information
  • Latitude: 42.367905
  • Longitude: -82.934509
  • Cross Street: Jefferson / Riverside
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I062650S
  • Tax Amount Summer: $1,406.00
  • Tax Amount Winter: $129.00
  • Tax Annual Amount: $1,535.00
  • Tax Legal Description: E-ALTER 125 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135
  • Tax Year: 2018
School Information
  • High School District: Detroit
Parking
  • Garage: Yes
  • Parking Features: Detached, Garage
Property
Lot Information
  • Frontage Length: 50.0
  • Lot Size Dimensions: 50X135
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • Living Area: 1641.0
  • Building Area Total: 1641.0
  • Building Area Source: Appraiser
  • Above Grade Finished Area: 1641.0
  • Above Grade Finished Area Source: Appraiser
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Year Built: 1951
Building Features
  • Construction Materials: Cedar
  • Foundation Details: Basement
  • Levels: One And One Half
  • Stories Total: 2
Utilities
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Dryer, Refrigerator, Trash Compactor, Water Softener Rented
  • Basement: Block
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace: No
  • Flooring: Hardwood
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Upper Level
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Community Features: Sidewalks, Street Lights
  • Fencing: Fenced
  • Patio And Porch Features: Patio
Multi Family
Multi Family Information
  • Number of Units Total: 2
  • Unit Records: 2
Unit Information
Unit 1
  • Total Rent: $850.00
  • Type: Unknown Data Share
Unit 2
  • Total Rent: $650.00
  • Type: Unknown Data Share
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 448 Alter Road

DateEvent & SourcePriceAppreciation
Aug 3, 2020

Sold (Public Record)

Public Record #681793286

$121,900—
Aug 3, 2020

Sold

Realcomp #58031399230

$121,900—
Aug 3, 2020

Sold

MiRealSource #31399230

$121,900—
DateEvent & SourcePrice
08/03/2020

Sold (Public Record)

Public Record #681793286

$121,900
08/03/2020

Sold

Realcomp #58031399230

$121,900
08/03/2020

Sold

MiRealSource #31399230

$121,900

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

Public Records for 448 Alter Road

Taxable ValueLand-Additions-Total-
Tax Record2023$2,395 ($200 / month)
Home Facts
Baths2Total Finished SqFt1,488 SqFtAbove Grade Finished SqFt1,488 SqFtStories2Lot Size6,970 SqFtStyleMulti-Family Dwelling (2-4)Year Built1951ZoningR2CountyWAYNEAPN21062650.

Schools near 448 Alter Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Bates Academy
Public - PK to 8
Foreign Language Immersion And Cultural Studies
Public - PK to 8
Carstens Elementary-Middle School
Public - PK to 8
Detroit International Academy For Young Women
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Foreign Language Immersion And Cultural Studies
PublicPK to 8

Carstens Elementary-Middle School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

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: 448 Alter Road, Detroit, MI 48215
$121,900
3
1,641
6,750
446 Alter Road, Detroit, MI 48215
–
–
1,327
6,970
454 Alter Road, Detroit, MI 48215
$175,000
3
1,538
6,969
440 Alter Road, Detroit, MI 48215
$300,000
–
1,620
6,969
460-462 Alter Road, Detroit, MI 48215
$125,000
3
1,765
6,969
460 Alter Road, Detroit, MI 48215
$200,000
3
1,765
6,250

Explore Nearby Homes

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 Bolton-Johnston Assoc. of G.P.

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