NOT LISTED FOR SALE

12700 Terry St Detroit, MI 48227

Schoolcraft Southfield Neighborhood

Estimated Value: $53,000 - $60,000

2 Beds
1 Bath
792 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $5,000 $6 Per Sq Ft

Est. 1,064% increase in value since last sale

Current estimated payment $380/month

8 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of April 2016

2 bedroom, 1 bathroom aluminum/brick ranch. Must see!!! Property close to major freeways, entertainment and shopping.

Last Agent to Sell the Property

Darryl Sanders

Treasure Homes, Inc License #6501228332 Listed on: 03/16/2016

Last Buyer's Agent

Daniel Nanney

Imagine Home Realty License #RCO-6501387475

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x100.00

Home Design

  • 792 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Strathmoor Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I042898S025
  • $500 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240
  • Year Built: 1947
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 792
  • Total Sq Ft: 792
  • Sq Ft Total Bsmt: 792

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 53000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X100.00
  • Parcel Number: W22I042898S025

Tax Info

  • Tax Amount Summer: 758.0000
  • Tax Amount Winter: 71.0000
  • Total Tax: 829.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 11, 2016
Sold by
The Bank Of New York Mellon
Bought by
Mealy William T
Seller's Agent
Darryl Sanders
Treasure Homes, Inc
Buyer's Agent
Daniel Nanney
Imagine Home Realty
List Price
$4,770
Sold Price
$5,000
Premium/Discount to List
$230
4.82%
Current Estimated Value
$58,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,206
Avg. Annual Appreciation
29.28%

Purchase Details

Closed on
Jan 9, 2016
Sold by
Brown Selwyn and Brown Sonja M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 25, 2005
Sold by
Phoenix Real Estate Co
Bought by
Brown Selwyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2004
Sold by
Mortgage Electronic Registration Systems
Bought by
Aegis Asset Backed Securities Trust 2003

Purchase Details

Closed on
Jun 24, 2004
Sold by
Aegis Asset Backed Securities Trust 2003
Bought by
Phoenix Real Estate

Purchase Details

Closed on
Nov 19, 2003
Sold by
Long Bryant D
Bought by
Mortgage Electronic Registration Systems
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
Mealy William T $5,000 Timios Inc
The Bank Of New York Mellon $45,257 Attorney
Brown Selwyn $60,000 Colonial Title Inc
Aegis Asset Backed Securities Trust 2003 -- First American Title
Phoenix Real Estate $16,000 First American Title
Mortgage Electronic Registration Systems $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Selwyn $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $5,000 +4.8% $6 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $4,770 -- $6 / 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 $753 $12,800 $0 $0
2024 $753 $10,500 $0 $0
2023 $730 $8,265 $0 $0
2022 $769 $8,300 $0 $0
2021 $752 $5,865 $0 $0
2020 $772 $6,300 $0 $0
2019 $763 $5,940 $0 $0
2018 $684 $7,300 $0 $0
2017 $107 $8,700 $0 $0
2016 $738 $6,600 $0 $0
2015 $660 $6,600 $0 $0
2013 $931 $9,310 $0 $0
2010 -- $13,339 $713 $12,626
Source: Public Records

Agents Affiliated with this Home

  • Darryl Sanders

    Seller's Agent in 2016

    Darryl Sanders

    Treasure Homes, Inc

    (313) 477-4495

    189 Total Sales

    Section Image
  • Daniel Nanney

    Buyer's Agent in 2016

    Daniel Nanney

    Imagine Home Realty

    (586) 212-7057

    144 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 216023969

Realcomp

APN: 22-042898-025

Michigan Wayne County Detroit 48227 Schoolcraft Southfield

12700 Terry St, Detroit, MI

This home is located at 12700 Terry St, Detroit, MI 48227 since 16 March 2016 and is currently estimated at $54,774, approximately $69 per square foot. This property was built in 1947. 12700 Terry St is a home located in Wayne County with nearby schools including Burns Elementary/Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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