NOT LISTED FOR SALE

12341 Corbett St Detroit, MI 48213

Wade Neighborhood

Estimated Value: $33,000 - $70,000

3 Beds
1.5 Baths
1,293 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $33,000 $26 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $374/month

13 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of December 2023

Welcome to this home in the city of Detroit!
This property is great for an investor looking to add to their portfolio, or a first-time home buyer! This home has great potential! The property features 3 bedrooms each with a closet space, a spacious living room perfect for hosting events with friends and family, and a spacious countertop kitchen. A basement ready for your final touches for your desired entertainment center. Embrace the potential of this property that is just minutes from The Eastern Market, Downtown Detroit dining, entertainment, and recreational opportunities. Schedule a Showing now!

Last Agent to Sell the Property

Sherri Saad

RE/MAX Leading Edge License #6502418620 Listed on: 11/14/2023

RE/MAX Leading Edge

Last Buyer's Agent

Diamond Robinson

Real Estate One Chesterfield License #6501450319

Real Estate One Chesterfield

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 117.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,293 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 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
  • Ravendale No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I006998S

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1936
  • State Equalized Value: 16600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1293
  • Total Sq Ft: 1293
  • Sq Ft Total Bsmt: 588

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 117.00
  • Parcel Number: W21I006998S

Tax Info

  • Tax Amount Summer: 864.0000
  • Tax Amount Winter: 94.0000
  • Total Tax: 958.0000
  • Taxable Value: 10441.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Mortgage Assets Management Llc
Bought by
Mortgage Equity Conversion Asset Trust 2011-1 and U.S. Bank National Association
Current Estimated Value
$52,101

Purchase Details

Closed on
Dec 22, 2022
Sold by
Mortgage Assets Management Llc
Bought by
Us Bank National Association and Mortgage Equity Conversion Asset Trust 2011-1

Purchase Details

Closed on
Oct 20, 2022
Sold by
Sheriff Wayne County
Bought by
Mortgage Assets Management Llc

Purchase Details

Closed on
Mar 6, 2009
Sold by
Rounds Leonard G and Rounds Gladys
Bought by
Rounds Leonard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
2.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mortgage Equity Conversion Asset Trust 2011-1 -- None Listed On Document
Us Bank National Association -- --
Mortgage Assets Management Llc $42,000 --
Rounds Leonard G -- Abstract Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rounds Leonard G $117,000
Previous Owner Rounds Leonard G $52,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $33,000 +11.9% $26 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $29,500 -- $23 / 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 $1,076 $24,400 $0 $0
2024 $1,076 $21,200 $0 $0
2023 $864 $16,600 $0 $0
2022 $938 $14,300 $0 $0
2021 $917 $11,700 $0 $0
2020 $908 $10,700 $0 $0
2019 $895 $9,600 $0 $0
2018 $775 $9,100 $0 $0
2017 $188 $9,900 $0 $0
2016 $1,139 $14,900 $0 $0
2015 $1,333 $14,900 $0 $0
2013 $1,291 $20,762 $0 $0
2010 -- $30,439 $926 $29,513
Source: Public Records

Agents Affiliated with this Home

  • Sherri Saad

    Seller's Agent in 2023

    Sherri Saad

    RE/MAX of Southeast Michigan

    (313) 598-5322

    3 in this area

    554 Total Sales

    Sherri Saad
    Section Image

  • D

    Buyer's Agent in 2023

    Diamond Robinson

    Real Estate One Chesterfield

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230097181

Realcomp

APN: 21-006998

Michigan Wayne County Detroit 48213 Wade

12341 Corbett St, Detroit, MI

This home is located at 12341 Corbett St, Detroit, MI 48213 since 14 November 2023 and is currently estimated at $52,101, approximately $40 per square foot. This property was built in 1936. 12341 Corbett St is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Denby High 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes