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Sold for $400,000 on 07/28/23
  • $400,000

    47 Fairwood Blvd, Pleasant Ridge, MI 48069

    4beds
    1,765sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $448,500 Zestimate®
    $227/sqft
    $1,878 Estimated rent

    Home value

    $448,500

    $426,000 - $475,000

    $1,878/mo

    Zestimate® history
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    $2,492/mo

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    What's special

    Rare duplex in highly desirable Pleasant Ridge for sale! This home was built as a multifamily and was not converted into a duplex later on like most comps. Both units are 2 bedrooms with 1 full bath. They have a formal dining room, great size living room and lovely updated kitchens! All renovations were completed in 2021, including but not limited to; brand new kitchens x2, new appliances, bathroom upgrades, new LVP flooring in lower unit bedrooms, exposed real hardwood flooring throughout both units, new porch railing and front porch lighting, etc. Both units are occupied with cash flowing tenants and up to date leases. Rental permit is current. See agent notes and MLS ticket for more information on rental rates and NOI. 871 square foot shared basement includes laundry facilities and storage. 2 car detached garage. Yard is partially fenced. Low maintenance vinyl siding and lovely curb appeal. Tenants enjoy the amenities Pleasant Ridge has to offer; Public pool, gym, walking trials and minutes to downtown Ferndale! Make this duplex the next addition to your rental portfolio today!

    Zillow last checked: 8 hours ago

    Listing updated: August 29, 2023 at 02:54pm

    Listed by:

    Katherine Nolff 248-909-9401,

    The Brokerage Real Estate Enthusiasts

    Bought with:

    Katherine Nolff, 6501392126

    The Brokerage Real Estate Enthusiasts

    Source: Realcomp II,MLS#: 20230027380MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,765 sqft
    • Finished area above ground: 1,765

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Shared Driveway
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Lighting
    • Pool features: None
    Lot
    • Size: 6,098 sqft
    • Dimensions: 50.00 x 117.00
    Details
    • Parcel number: 2527178015
    • Zoning description: MultiFamily
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities

    Community & neighborhood

    Location
    • Region: Pleasant Ridge
    • Subdivision: SYLVAN GARDENS SUB - PLEASANT RIDGE

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    7/28/2023Sold$400,000+0%$227/sqft
    Source: Realcomp II #20230027380
    7/2/2023Pending sale$399,900$227/sqft
    Source: Realcomp II #20230027380
    6/13/2023Price change$399,900-4.8%$227/sqft
    Source: Realcomp II #20230027380
    5/15/2023Price change$419,900-4.5%$238/sqft
    Source: Realcomp II #20230027380
    4/28/2023Price change$439,900-2.2%$249/sqft
    Source: Realcomp II #20230027380

    Public tax history

    YearProperty taxesTax assessment
    2024$10,920 +4.9%$201,750 +16.4%
    2023$10,414 +94.2%$173,270 +8.4%
    2022$5,363 +1%$159,820 +6.5%

    Find assessor info on the county website

    Neighborhood: 48069

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $448,500

    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

    $448,500