NOT LISTED FOR SALE

12412 Laing St Detroit, MI 48224

Moross-Morang Neighborhood

Estimated Value: $71,000 - $89,000

3 Beds
1 Bath
1,146 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $40,000 $35 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $531/month

35 Days on Market

Highlights

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

About This Home

As of October 2019

Beautiful 3 bedroom house on the EASTSIDE of Detroit located between Moross and Morang. Home is Currently rented out on a Month to Month lease paying $750 each month. Rather for an investor or owner occupant, this property is solid and yours for the taking, Land contracts are available also with only a 5 year mortgage. All offers will be looked at, buyer pays $495 transaction fee to listing brokerage at closing. B.A.T.V.A.I

Last Agent to Sell the Property

Ricqwain Johnson

Reach Realty Group License #6501382811 Listed on: 08/23/2019

Last Buyer's Agent

Bradford Lack

License #6501313289

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x123.60

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,146 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
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Seven Mile Cadieux Sub No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I057985S

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1942
  • State Equalized Value: 13200.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1146
  • Total Sq Ft: 1146
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 436363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X123.60
  • Parcel Number: W21I057985S

Rental Info

  • Deposit Amount: 8000.00

Tax Info

  • Tax Amount Summer: 1016.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 1141.0000
  • Taxable Value: 13200.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 29, 2019
Sold by
Bason Dewayne
Bought by
Southassets Corp
Seller's Agent
Ricqwain Johnson
Reach Realty Group
Buyer's Agent
Bradford Lack
List Price
$48,000
Sold Price
$40,000
Premium/Discount to List
-$8,000
-16.67%
Current Estimated Value
$82,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,449
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Jul 23, 2018
Sold by
Boyd Lavar
Bought by
Bason Dewayne

Purchase Details

Closed on
Jul 23, 2015
Sold by
Klein Patricia Ann
Bought by
Boyd Lavar
Source: Public Records

Range of Values:

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Average Value
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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
Southassets Corp $40,000 Regions Title Agency Llc
Bason Dewayne -- None Available
Boyd Lavar -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $40,000 -16.7% $35 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $48,000 -- $42 / 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 $3,060 $42,200 $0 $0
2024 $3,060 $37,300 $0 $0
2023 $1,806 $30,900 $0 $0
2022 $1,934 $24,500 $0 $0
2021 $1,878 $19,800 $0 $0
2020 $1,877 $18,500 $0 $0
2019 $1,267 $14,600 $0 $0
2018 $1,016 $13,200 $0 $0
2017 $254 $13,400 $0 $0
2016 $1,373 $18,800 $0 $0
2015 $1,880 $18,800 $0 $0
2013 $2,606 $26,058 $0 $0
2010 -- $38,205 $1,378 $36,827
Source: Public Records

Agents Affiliated with this Home

  • Ricqwain Johnson

    Seller's Agent in 2019

    Ricqwain Johnson

    Reach Realty Group

    (248) 395-6885

    1 in this area

    81 Total Sales

    Section Image
  • Bradford Lack

    Buyer's Agent in 2019

    Bradford Lack

    (313) 318-2569

    2 in this area

    242 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 219087155

Realcomp

APN: 21-057985

Michigan Wayne County Detroit 48224 Moross-Morang

12412 Laing St, Detroit, MI

This home is located at 12412 Laing St, Detroit, MI 48224 since 23 August 2019 and is currently estimated at $80,919, approximately $70 per square foot. This property was built in 1942. 12412 Laing 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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