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Buy a multi-family propertyat 3931-51 MCGRAW, Detroit, MI 48208
$675,000
$0/mo
Get pre-approvedMultifamily
0.56 Acres
16,552 Sq. Ft. lot
986 Days on market
40217652 MLS ID
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About 3931-51 MCGRAW multi-family property
Property details
Property Access
Paved Street
Basement
Block
Common
Bathrooms
27 full bathrooms
House
24,255 square feet
27 total units
Built in 1920
Exterior Features
Brick
Foundation
Basement
Water
Gas
Public Water
Heating
Natural Gas
Baseboard
Income
Net operating income: $215,416
Listing
Originating MLS: RealComp
Sale/rent: For Sale
Location
Area: Detroit (82001)
County: Wayne
Cross street: S of MCGRAW/E of W. GRAND
Subdivision: BELA HUBBARDS SUB L5 P46 PLATS
Lot
Lot size: 160.00X103.00
0.38 acres
Property
Multi-Family
Schools
School district: Detroit City School District
Sewer
Public At Street
Taxes
Total amount: $8,401
Monthly cost
Estimated monthly cost
$4,574/mo
Principal & interest
$3,593/mo
Mortgage insurance
$0/mo
Property taxes
$700/mo
Home insurance
$281/mo
HOA fees
$0/mo
Utilities
$0/mo
All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
Sale and tax history
Sales history
Date
May 10, 2018
Price
$150,000
| Date | Price | |
|---|---|---|
| May 10, 2018 | $150,000 |
Tax history
Tax Assessment
$360,300
Property Tax
$8,402
Year
2020
Tax Assessment
$76,300
Property Tax
$6,353
Year
2019
Tax Assessment
$71,300
Property Tax
$6,314
Year
2018
Tax Assessment
$70,200
Property Tax
$6,346
Year
2017
Tax Assessment
$70,200
Property Tax
$6,278
Year
2016
| Year | Property Tax | Tax Assessment | |
|---|---|---|---|
| 2020 | $8,402 | $360,300 | |
| 2019 | $6,353 | $76,300 | |
| 2018 | $6,314 | $71,300 | |
| 2017 | $6,346 | $70,200 | |
| 2016 | $6,278 | $70,200 |
Schools
This home is within the Detroit Public Schools Community District.
Detroit & Dearborn enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.
Public schools
Private schools
Seller fees & commissions
Home sale price
Outstanding mortgage
Selling with traditional agent | Selling with Unreal Estate agent | |
|---|---|---|
| Your total sale proceeds | $634,500 | +$20,250 $654,750 |
| Seller agent commission | $20,250 (3%)* | $0 (0%) |
| Buyer agent commission | $20,250 (3%)* | $20,250 (3%)* |
*Commissions are based on national averages and not intended to represent actual commissions of this property
Get $20,250 more selling your home with an Unreal Estate agent
Start free MLS listingUnreal Estate checked: May 7, 2024 at 10:14 p.m.
Data updated: Jun 28, 2023 at 5:58 p.m.
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