NOT LISTED FOR SALE

10863 Marne St Detroit, MI 48224

Moross-Morang Neighborhood

Estimated Value: $60,000 - $82,760

3 Beds
1 Bath
1,182 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $52,500 $44 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $478/month

23 Days on Market

Highlights

  • No HOA
  • 1.5 Car Detached Garage
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of February 2024

**INVESTORS** This 3 bedroom, 1 bathroom brick bungalow would make a great addition to your rental portfolio or even possibly a good fix-n-flip! With rents in the neighborhood as high as $1,200/month and ARVs in the $110-125K range, there are multiple strategies for how to have this property make you money! The property features forced-air heating, a 3D architectural shingle roof, PEX & PVC plumbing, beautiful hardwood floors throughout most of the 1st floor, a massive 2nd floor primary bedroom, and an updated 100 amp circuit breaker panel! This property is located just outside of the East Warren/Cadieux Strategic Neighborhood Fund area, which has see multiple streetscapes revamped and improved, hundreds of homes rehabbed and brought back to productive use, and inflow of new homeowners, and millions in public and private investment with more to come!

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 01/16/2024

RE/MAX Leading Edge

Co-Listed By

Samuel Kain

RE/MAX Leading Edge License #6501415392

Last Buyer's Agent

Garrett Blair

Douglas Rose Realty License #6501426013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41.00 x 126.00

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,182 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • S C Hadleys Sub Of Pt Pc 404 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I068496S005

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1948
  • State Equalized Value: 23500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1182
  • Total Sq Ft: 1182
  • Sq Ft Total Bsmt: 703

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 41
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 41.00 x 126.00
  • Parcel Number: W21I068496S005

Tax Info

  • Tax Amount Summer: 1203.0000
  • Tax Amount Winter: 112.0000
  • Total Tax: 1315.0000
  • Taxable Value: 12507.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 22, 2024
Sold by
Baaxdana Llc
Bought by
Waban Owner I Llc
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Garrett Blair
Douglas Rose Realty
List Price
$64,900
Sold Price
$52,500
Premium/Discount to List
-$12,400
-19.11%
Views
36
Current Estimated Value
$67,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,190
Avg. Annual Appreciation
19.03%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Eagle Carpo Trading Corp
Bought by
Baaxdana Llc

Purchase Details

Closed on
Oct 17, 2017
Sold by
Propertioes Mpvb
Bought by
Eagle Carfo Trading Corop

Purchase Details

Closed on
Jun 27, 2017
Sold by
Exit Strategy November 12 Llc
Bought by
Mpvb Properties Llc

Purchase Details

Closed on
Dec 31, 2012
Sold by
Right Buy Properties Llc
Bought by
Exit Strategy November 12 Llc

Purchase Details

Closed on
Dec 11, 2012
Sold by
Marne 10863 Llc
Bought by
Right Buy Properties Llc

Purchase Details

Closed on
Aug 19, 2009
Sold by
Sailes Antoni
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waban Owner I Llc $52,500 None Listed On Document
Baaxdana Llc $56,500 Regions Title Agency Llc
Eagle Carfo Trading Corop $48,500 First American Title
Mpvb Properties Llc $5,982 None Available
Exit Strategy November 12 Llc -- Commercial Title Service
Right Buy Properties Llc $8,000 Commercial Title Service
Us Bank National Association $59,651 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waban Owner I Llc $1,610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $52,500 -19.1% $44 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $64,900 -- $55 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,239 $28,300 $0 $0
2023 $1,203 $23,500 $0 $0
2022 $1,281 $19,600 $0 $0
2021 $1,447 $15,900 $0 $0
2020 $1,246 $14,900 $0 $0
2019 $1,228 $11,800 $0 $0
2018 $1,079 $10,900 $0 $0
2017 $135 $11,000 $0 $0
2016 $868 $22,000 $0 $0
2015 $704 $22,000 $0 $0
2013 $2,445 $24,445 $0 $0
2010 -- $35,840 $1,340 $34,500
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kain

    Seller's Agent in 2024

    Ryan Kain

    RE/MAX

    (734) 626-7815

    12 in this area

    387 Total Sales

    Ryan Kain
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Samuel Kain

    RE/MAX

    (313) 555-1212

    6 in this area

    101 Total Sales

    Samuel Kain
    Section Image
  • Garrett Blair

    Buyer's Agent in 2024

    Garrett Blair

    Douglas Rose Realty

    (810) 623-0228

    3 in this area

    246 Total Sales

    Garrett Blair
    Section Image
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Map

Source: Realcomp

MLS Number: 20240002940

Realcomp

APN: 21-068496-005

Michigan Wayne County Detroit 48224 Moross-Morang

10863 Marne St, Detroit, MI

This home is located at 10863 Marne St, Detroit, MI 48224 since 16 January 2024 and is currently estimated at $67,690, approximately $57 per square foot. This property was built in 1948. 10863 Marne St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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