NOT LISTED FOR SALE

11382 Grandville Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $68,516 - $101,000

3 Beds
1.5 Baths
900 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 03, 2012

Last sale price $30,976 $34 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $559/month

156 Days on Market

Highlights

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

About This Home

As of April 2012

HOME IS COMPLETELY RENOVATED AND READY TO SELL. HOME IS CURRENTLY RENTED SECTION 8, AND HAVE BEEN OWNED BY CURRENT OWNER FOR 1-3 YEARS. THIS HOME IS A PERFECT TURN KEY OPERATION FOR AN INVESTOR WHO IS LOOKING FOR AN ALREADY ESTABLISHED INVESTMENT. ALL SECTION 8 LEASES ARE TRANSFERABLE AND CURRENT OWNERS ARE OFFERING PROPERTY MANAGEMENT SERVICES FOR 8% WITH THE FIRST 3 MONTHS FREE.

Last Agent to Sell the Property

Janel Barber

Remerica Hometown One License #6501293713 Listed on: 09/13/2011

Last Buyer's Agent

Robert Schweiss

Temporary Inactive Users License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 40x120

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Palmer Grove Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I088288S

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 900
  • Total Sq Ft: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 40X120
  • Parcel Number: W22I088288S

Tax Info

  • Tax Amount Summer: 2182.0000
  • Tax Amount Winter: 314.0000
  • Total Tax: 2496.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2012
Sold by
F Market Straights Llc
Bought by
Equity Trust Company and Mary Alexander Ira
Current Estimated Value
$83,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,230
Outstanding Balance
$16,351
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,748

Purchase Details

Listed on
Sep 13, 2011
Closed on
Mar 14, 2012
Sold by
The Bazzi Ventures Inc
Bought by
F Market Straights Llc
Seller's Agent
Janel Barber
Remerica Hometown One
Buyer's Agent
Robert Schweiss
Temporary Inactive Users
List Price
$33,480
Sold Price
$30,976
Premium/Discount to List
-$2,504
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Nov 13, 2009
Sold by
M N B Realty Llc
Bought by
Ventures Bazzi

Purchase Details

Closed on
Mar 23, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
M N B Realty Llc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Eaton Riley
Bought by
Deutsche Bank National Trust Co and Asset Backed Pass Through Certificates S
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
Equity Trust Company $34,100 None Available
F Market Straights Llc $30,976 Embassy Title Agency
Ventures Bazzi $10,000 Title One Inc
M N B Realty Llc $13,000 Attorneys Title Agency
Deutsche Bank National Trust Co $9,880 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equity Trust Company $23,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2012 04/03/12 Sold $30,976 -7.5% $34 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
09/13/2011 09/13/11 For Sale $33,480 -- $37 / 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
2025 $1,278 $36,300 $0 $0
2024 $1,278 $30,500 $0 $0
2023 $1,241 $24,500 $0 $0
2022 $1,322 $19,700 $0 $0
2021 $1,287 $16,500 $0 $0
2020 $1,286 $14,000 $0 $0
2019 $1,267 $12,400 $0 $0
2018 $1,113 $11,500 $0 $0
2017 $211 $11,100 $0 $0
2016 $1,628 $18,400 $0 $0
2015 $1,840 $18,400 $0 $0
2013 $2,581 $25,812 $0 $0
2010 -- $36,984 $1,100 $35,884
Source: Public Records

Agents Affiliated with this Home

  • Janel Barber

    Seller's Agent in 2012

    Janel Barber

    Remerica Hometown One

    (248) 320-6840

    1 in this area

    247 Total Sales

    Janel Barber
    Section Image

  • R

    Buyer's Agent in 2012

    Robert Schweiss

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 211097363

Realcomp

APN: 22-088288

Michigan Wayne County Detroit 48228 Franklin Park

11382 Grandville Ave, Detroit, MI

This home is located at 11382 Grandville Ave, Detroit, MI 48228 since 13 September 2011 and is currently estimated at $83,129, approximately $92 per square foot. This property was built in 1950. 11382 Grandville Ave is a home located in Wayne County with nearby schools including Bates Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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.

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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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