NOT LISTED FOR SALE

12503 Loretto St Detroit, MI 48205

Eden Gardens Neighborhood

Estimated Value: $60,000 - $80,000

4 Beds
2 Baths
1,376 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $1,800 $1 Per Sq Ft

Est. 3,789% increase in value since last sale

Current estimated payment $382/month

69 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Porch
  • Cass Technical High School Rated 10

About This Home

As of December 2012

Solid brick 2 family! Features include full basement, hardwood floors and plenty of room for the family!

Last Agent to Sell the Property

Jason Strat

RE/MAX Eclipse License #MISPE-6501273695 Listed on: 08/16/2012

Last Buyer's Agent

David Linsley

Realty Executives Home Towne Shelby License #MISPE-6506043713

Realty Executives Home Towne Shelby

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x110

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number W21I012346S

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1927
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hardwood Floors
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1376

Exterior Features

  • Construction: Brick
  • Exterior Features: Porch
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Floor Furnace
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: W21I012346S
  • Lot Dimensions: 30x110
  • Acreage: 0.08
  • Zoning: Residential
  • Map Side Numeric: 3
  • Map Top Alpha: AE
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Current Estimated Value
$70,000

Purchase Details

Closed on
Dec 14, 2011
Sold by
Jefferson Taniya L
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Detroit Land Bank Authority -- None Available
The Bank Of New York Mellon $6,750 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2012 12/03/12 Sold $1,800 -48.6% $1 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $3,500 -- $3 / Sq Ft
Source: Michigan Multiple Listing Service

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 -- $0 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $498 $0 $0 $0
2019 $498 $0 $0 $0
2018 $0 $0 $0 $0
2017 $190 $0 $0 $0
2016 $340 $1,900 $0 $0
2015 $190 $1,900 $0 $0
2013 $210 $2,095 $0 $0
2010 -- $3,071 $653 $2,418
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jason Strat

    RE/MAX

  • David Linsley

    Buyer's Agent in 2012

    David Linsley

    Realty Executives

    (586) 344-6688

    62 Total Sales

    David Linsley
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31115795

Michigan Multiple Listing Service

APN: 21-012346

Michigan Wayne County Detroit 48205 Eden Gardens

12503 Loretto St, Detroit, MI

This home is located at 12503 Loretto St, Detroit, MI 48205 since 16 August 2012 and is currently estimated at $70,000, approximately $50 per square foot. This property was built in 1927. 12503 Loretto 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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