NOT LISTED FOR SALE

11488 Wayburn St Detroit, MI 48224

Denby Neighborhood

Estimated Value: $76,000 - $87,145

3 Beds
2.5 Baths
1,165 Sq Ft
$71/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $70,000 $60 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $582/month

35 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow
  • 3-minute walk to Brookins Park

About This Home

As of July 2023

Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED, rented with a timely paying tenant at $950/mo. Lease began July 2021, could be renewed at a higher rate by new owner. Professionally managed rental. Property being sold as is. All dimensions are estimated and should be verified. Pictures of inside of home from before tenants moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy. ***Can be purchased as part of a package deal with two other tenant occupied properties in Detroit (see MLS# 20230026147 , 20230026687). Seller prefers to sell all three properties together, but will listen to all offers.

Last Agent to Sell the Property

Bailee Clanton

Home Source Realty LLC License #6501446602 Listed on: 04/11/2023

Last Buyer's Agent

Marnette Watkins Cobb

Cobb Realty Group License #6501384095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 130

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,165 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Lincoln Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21063633.004L

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,413

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1947
  • State Equalized Value: 26100.0000
  • Year Renovated: 1947
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1165
  • Total Sq Ft: 1165
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 608333.3300
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 x 130
  • Parcel Number: 21063633.004L

Tax Info

  • Tax Amount Summer: 1256.0000
  • Tax Amount Winter: 157.0000
  • Total Tax: 1413.0000
  • Taxable Value: 26100.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Gisodale Llc
Bought by
Carpinvest Llc
Current Estimated Value
$82,286

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 20, 2020
Sold by
Coci Investment Llc
Bought by
Gisodale Llc
Seller's Agent
Ryan Heward
Golden Key Real Estate
Buyer's Agent
Ryan Heward
Golden Key Real Estate
List Price
$22,500
Sold Price
$22,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.10%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Sabree Eric R
Bought by
Coci Investments Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Hudgens George S
Bought by
Hudgens Tanisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
10.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 23, 1994
Sold by
David J Marshall
Bought by
Robert C Bryant
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
Carpinvest Llc $50,400 None Available
Gisodale Llc $22,500 None Available
Coci Investments Llc $6,200 None Available
Hudgens Tanisha $107,000 Multiple
Robert C Bryant $18,313 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountain Kenny $59,500
Previous Owner Hudgens Tanisha $96,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $70,000 -4.1% $60 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $73,000 +224.4% $63 / Sq Ft
08/21/2020 08/21/20 Sold $22,500 0.0% $19 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/11/2019 07/11/19 For Sale $22,500 -- $19 / 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 $1,639 $40,700 $0 $0
2024 $1,639 $37,700 $0 $0
2023 $1,592 $30,400 $0 $0
2022 $1,702 $26,100 $0 $0
2021 $1,653 $21,100 $0 $0
2020 $1,653 $19,700 $0 $0
2019 $1,626 $17,500 $0 $0
2018 $1,418 $15,300 $0 $0
2017 $275 $14,500 $0 $0
2016 $1,337 $18,200 $0 $0
2015 $1,820 $18,200 $0 $0
2013 $2,531 $25,312 $0 $0
2010 -- $37,112 $1,355 $35,757
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bailee Clanton

    Home Source Realty LLC

    (313) 774-4005

    2 in this area

    84 Total Sales

    Bailee Clanton
    Section Image
  • Marnette Watkins Cobb

    Buyer's Agent in 2023

    Marnette Watkins Cobb

    Cobb Realty Group

    (313) 443-1630

    1 in this area

    122 Total Sales

    Marnette Watkins Cobb
    Section Image

  • R

    Seller's Agent in 2020

    Ryan Heward

    Golden Key Real Estate

    Section Image
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Map

Source: Realcomp

MLS Number: 20230026770

Realcomp

APN: 21-06-363-30-04L

Michigan Wayne County Detroit 48224 Denby

11488 Wayburn St, Detroit, MI

This home is located at 11488 Wayburn St, Detroit, MI 48224 since 11 April 2023 and is currently estimated at $82,286, approximately $70 per square foot. This property was built in 1947. 11488 Wayburn St is a home located in Wayne County with nearby schools including Carleton Elementary 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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