Check Availability
$109,900
House - For Sale

24243 WILMOT Avenue

Eastpointe, MI 48021
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1134 Sqft
$872
Estimated Monthly
8.87%
Cap Rate

About This Property

GREAT STARTER HOME or INVESTMENT OPPORTUNITY !! CHARMING 2 BEDROOM & 1 FULL BATH HOME! Easy Maintenance Vinyl Exterior, Updated Windows. Detached 1.5 Car Garage. Fenced Lot. Tenant Currently Pays $875.00 Per Month. Property is Certified & is Transferrable to New Owner. DO NOT DISTURB TENANT. Call for Scheduling Showings.

The manager has listed the unit size as 1134 square feet.
Unit Size
1,134Ft²
Days on Market
174 days
Land Size
0.11 acres
Price per sqft
$97
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1954

Listed By

Haig V Istamboulian
Arterra Realty Michigan LLC
Last updated: 6 months ago (REALCOMPMI #20230101967)

Price History

Date / Event Date Event Price
Dec 5, 2023 Listed by Arterra Realty LLC $109,900
Listed by Arterra Realty LLC
Jan 8, 2019 Sold $59,000
Sold
Aug 14, 2018 No longer available -
No longer available
Jun 13, 2018 Listed by Arterra Realty LLC $61,500
Listed by Arterra Realty LLC
Jun 10, 2011 Sold to Baba Family Trust Ali $13,500
Sold to Baba Family Trust Ali

Property Highlights

Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,097
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,134
  • Building Area: 1,134
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,134
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RICHMOND SUBDIVISION
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RICHMOND SUBDIVISION N 1 FT OF LOT 76 & ALL OF LOT 77 INCL 1/2 VAC ALLEY LIBER 12; PAGE 24

Ownership

  • Current Owner : SK RESIDENTIAL DELAWARE LLC
  • Previous Owner : FROHLICH ITAY
  • Previous Owner 2: FROHLICH GILA
  • Owner Before Previous Owner: WADE ULYSSES T
  • Owner Before Previous Owner 2: WADE DARCELL
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: East Detroit Public Schools
  • School Tax School District: EAST DETROIT
  • Census Tract: 258100

Zoning

  • Zoning: R-1

Geography

  • District: 02
  • Parcel: 02-14-29-256-017
  • Lot: 76-77
  • Municipality: EASTPOINTE CITY
  • Latitude: 42.4733
  • Longitude: -82.936

    Address

  • Full Address: 24243 Wilmot Ave
  • Address - House Number: 24243
  • Address - Street Name: Wilmot
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Eastpointe
  • Carrier Code: C002
  • 4-Digit Zip Code: 1349
  • Zip Code: 48021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,307
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 135,351
  • High Value: 163,061
  • Low Value: 107,642

    Market Valuation

  • Market Total Value: $98,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,100

    Sales

  • Current Sale Contract Date: Nov 14, 2018
  • Current Sale Recording Date: Jan 08, 2019
  • Current Sale Transaction ID: 11558772140
  • Current Sale Price: $59,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 9002702
  • Previous Sale Recording Date: Jun 10, 2011
  • Previous Sale Contract Date: May 10, 2011
  • Previous Sale Amount: $13,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLONY AMERICAN FINANCE LENDER
  • First Mortgage Transaction Date: Jan 08, 2019
  • First Mortgage Loan Amount: $897,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,096 ft²
$118/ft²
$129,000 Oct 5, 2023
-
$299/mo
House
3 Beds
2 Baths
1,300 ft²
$92/ft²
$119,900 Oct 31, 2023
-
$491/mo
House
3 Beds
1.5 Baths
950 ft²
$121/ft²
$114,900 Dec 7, 2023
-
-
House
2 Beds
1 Bath
681 ft²
$147/ft²
$100,000 Nov 28, 2023
-
$135/mo
House
3 Beds
1 Bath
1,060 ft²
$108/ft²
$114,900 Sep 17, 2023
-
-
House
3 Beds
1 Bath
1,080 ft²
$111/ft²
$120,000 Jun 8, 2023
-
$126/mo

About Eastpointe


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Frequently Asked Questions

When was property at 24243 Wilmot built and last sold?
The property at 24243 Wilmot was built in 1954 and last sold on Nov 14, 2018 for $59,000.
How much is this home worth?
The estimated value of the home located at 24243 Wilmot is $108,013.
What are some comparable homes to 24243 Wilmot?
Homes that are comparable to 24243 Wilmot include a house property at 24268 Lexington Avenue, 23715 Schroeder Avenue, 24851 Brittany Avenue.

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