NOT LISTED FOR SALE

12505 Laing St Detroit, MI 48224

Moross-Morang Neighborhood

Estimated Value: $55,000 - $105,000

3 Beds
1 Bath
752 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $10,500 $14 Per Sq Ft

Est. 624% increase in value since last sale

Current estimated payment $505/month

Highlights

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

About This Home

As of May 2016

Home features newer kitchen cabinets, hardwood flooring, and ceramic in kitchen. Great buy, on a great block. As is sale. Buyer to pay for title policy and closing costs.

Last Agent to Sell the Property

Jeanette Lucy

IQ Properties LLC License #6502409787 Listed on: 05/02/2016

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42.00x123.61

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 752 Sq Ft Home
  • 1.5-Story Property
  • 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
  • Holtzman Joseph Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I058010S012

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 752
  • Total Sq Ft: 752
  • Sq Ft Total Bsmt: 600

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • 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

  • List Price per Acre: 115833.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 42.00X123.61
  • Parcel Number: W21I058010S012

Tax Info

  • Tax Amount Summer: 1049.0000
  • Tax Amount Winter: 122.0000
  • Total Tax: 1171.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
May 31, 2016
Sold by
Deuce Associates Limited Partnership
Bought by
Riverdale Properties Limited Partnership
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$13,900
Sold Price
$10,500
Premium/Discount to List
-$3,400
-24.46%
Current Estimated Value
$75,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,484
Avg. Annual Appreciation
23.90%

Purchase Details

Listed on
May 2, 2016
Closed on
May 23, 2016
Sold by
Money Train Properties Llc
Bought by
Deuce Associates Lp
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$13,900
Sold Price
$10,500
Premium/Discount to List
-$3,400
-24.46%

Purchase Details

Closed on
Nov 27, 2014
Sold by
12505 Laing Llc
Bought by
Money Train Properties Llc

Purchase Details

Closed on
Oct 10, 2013
Sold by
Frontside Properties Llc
Bought by
12505 Laing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,300
Interest Rate
4.59%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 6, 2013
Sold by
Metro Detroit Home Solutions Llc
Bought by
Frontside Properties Llc

Purchase Details

Closed on
Nov 19, 2012
Sold by
Wayne County Treasurer
Bought by
Precise Crof Llc

Purchase Details

Closed on
Jun 20, 2008
Sold by
Consumer Solutions Reo Llc
Bought by
Vicari David

Purchase Details

Closed on
Sep 19, 2007
Sold by
Saxon Mortgage Services Inc
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Aug 9, 2007
Sold by
Harris Jo Ashiya M
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Nov 29, 2006
Sold by
3S Investment Group Inc
Bought by
Harris Jo Ashiya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
10.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
South Point Inc

Purchase Details

Closed on
Sep 21, 2005
Sold by
Moorer Reginald
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Feb 4, 2005
Sold by
First Mortgage Fund Inc
Bought by
Moorer Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
9.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 2004
Sold by
The Dewey Group
Bought by
First Mortgage Fund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
9.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 2004
Sold by
Hud
Bought by
The Dewey Group

Purchase Details

Closed on
Feb 14, 2004
Sold by
Standard Federal Bank
Bought by
Hud
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
Riverdale Properties Limited Partnership -- Attorney
Deuce Associates Lp $10,500 Attorney
Money Train Properties Llc $45,776 None Available
12505 Laing Llc $38,100 None Available
Frontside Properties Llc $27,500 None Available
Metro Detroit Home Solutions Llc -- None Available
Precise Crof Llc $2,217 None Available
Vicari David $12,500 Attorneys Title Agency Llc
Consumer Solutions Reo Llc -- E Title Agency
Saxon Mortgage Services Inc $79,900 None Available
Harris Jo Ashiya M $119,000 Greco
South Point Inc -- Parks Title
Mortgage Electronic Registration Systems $50,000 None Available
Moorer Reginald $125,000 None Available
First Mortgage Fund -- --
The Dewey Group $58,000 --
Hud -- Parks Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 12505 Laing Llc $31,300
Previous Owner Harris Jo Ashiya M $95,200
Previous Owner Harris Jo Ashiya M $23,800
Previous Owner Moorer Reginald $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $10,500 -24.5% $14 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $13,900 -- $18 / 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 $1,094 $29,100 $0 $0
2024 $1,094 $25,500 $0 $0
2023 $1,061 $21,200 $0 $0
2022 $1,128 $17,100 $0 $0
2021 $1,099 $13,900 $0 $0
2020 $1,099 $12,900 $0 $0
2019 $1,083 $10,700 $0 $0
2018 $956 $9,300 $0 $0
2017 $178 $9,400 $0 $0
2016 $1,023 $10,300 $0 $0
2015 $1,030 $10,300 $0 $0
2013 $1,229 $20,974 $0 $0
2010 -- $30,751 $1,357 $29,394
Source: Public Records

Agents Affiliated with this Home

  • Jeanette Lucy

    Seller's Agent in 2016

    Jeanette Lucy

    IQ Properties LLC

    (313) 333-5166

    1 in this area

    123 Total Sales

    Jeanette Lucy
    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2016

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 216041639

Realcomp

APN: 21-058010-012

Michigan Wayne County Detroit 48224 Moross-Morang

12505 Laing St, Detroit, MI

This home is located at 12505 Laing St, Detroit, MI 48224 since 02 May 2016 and is currently estimated at $75,984, approximately $101 per square foot. This property was built in 1943. 12505 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.

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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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