NOT LISTED FOR SALE

1341 Alter Rd Detroit, MI 48215

Riverbend Neighborhood

Estimated Value: $72,000 - $141,000

3 Beds
1 Bath
1,179 Sq Ft
$89/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $34,000 $29 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $695/month

25 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of May 2023

Great potential on this bungalow in great Neighborhood. Newer roof, siding and windows. Great front porch. Huge upper bedroom.
5 minute walk to Grosse Pointe!
Great starter home or rental unit.

Last Agent to Sell the Property

William Schulze

GSA Elite Realty License #6501339566 Listed on: 03/27/2023

Last Buyer's Agent

Pamela Smith

Spartan Realty Group License #6501416687

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 30.00 x 90.00

Home Design

  • Bungalow
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,179 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fox Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I063215S

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1921
  • State Equalized Value: 11600.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1179
  • Total Sq Ft: 1179
  • Sq Ft Total Bsmt: 943

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • 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: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 666583.3300
  • Lot Size Area: 0.06
  • Lot Dimensions: 30.00 x 90.00
  • Parcel Number: W21I063215S

Tax Info

  • Tax Amount Summer: 792.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 878.0000
  • Taxable Value: 9090.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Maison Detroit Llc
Bought by
Jaihooni Arian
Current Estimated Value
$104,721

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 17, 2023
Sold by
Jmps Investments 1 Llc
Bought by
Maison Detroit Llc
Seller's Agent
William Schulze
GSA Elite Realty
Buyer's Agent
Pamela Smith
Spartan Realty Group
List Price
$39,995
Sold Price
$34,000
Premium/Discount to List
-$5,995
-14.99%
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.06%

Purchase Details

Listed on
Dec 21, 2015
Closed on
Apr 12, 2016
Sold by
Espinoza Jacob
Bought by
Jmps Investments 1 Llc
Seller's Agent
James Silver
Keller Williams Troy
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$15,000
Sold Price
$8,900
Premium/Discount to List
-$6,100
-40.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.84%

Purchase Details

Listed on
Sep 22, 2015
Closed on
Nov 25, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Espinoza Jacob
Seller's Agent
Logan Farrer
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$3,200
Sold Price
$3,924
Premium/Discount to List
$724
22.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
716.49%

Purchase Details

Closed on
Jun 5, 2014
Sold by
Safadi Remon and Safadi Mariane
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 7, 2011
Sold by
Safadi Remon
Bought by
R & M Assets Llc

Purchase Details

Closed on
Oct 12, 2004
Sold by
Safadi Remon
Bought by
Safadi Remon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
5.99%
Mortgage Type
New Conventional
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
Jaihooni Arian $120,000 First American Title
Maison Detroit Llc $34,000 None Listed On Document
Jmps Investments 1 Llc $8,900 First American Title Ins Co
Espinoza Jacob $3,000 Premium Title Services Inc
Deutsche Bank National Trust Company $7,650 None Available
R & M Assets Llc -- None Available
Safadi Remon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safadi Remon $71,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $34,000 -15.0% $29 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $39,995 +349.4% $34 / Sq Ft
04/20/2016 04/20/16 Sold $8,900 -10.1% $9 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/14/2016 03/14/16 Price Changed $9,900 -16.8% $10 / Sq Ft
02/15/2016 02/15/16 Price Changed $11,900 -20.7% $13 / Sq Ft
12/21/2015 12/21/15 For Sale $15,000 +282.3% $16 / Sq Ft
11/30/2015 11/30/15 Sold $3,924 +22.6% $4 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $3,200 -- $3 / 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 $1,448 $18,200 $0 $0
2024 $1,448 $15,900 $0 $0
2023 $975 $12,600 $0 $0
2022 $1,035 $11,600 $0 $0
2021 $1,008 $8,800 $0 $0
2020 $1,025 $11,400 $0 $0
2019 $1,010 $10,000 $0 $0
2018 $894 $8,500 $0 $0
2017 $165 $8,700 $0 $0
2016 $400 $1,900 $0 $0
2015 $190 $1,900 $0 $0
2013 $216 $2,158 $0 $0
2010 -- $3,164 $353 $2,811
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    William Schulze

    GSA Elite Realty

    (248) 739-0439

    1 in this area

    23 Total Sales

    Section Image
  • Pamela Smith

    Buyer's Agent in 2023

    Pamela Smith

    Spartan Realty Group

    (586) 321-8766

    1 in this area

    18 Total Sales

    Section Image

  • J

    Seller's Agent in 2016

    James Silver

    Keller Williams Troy

    Section Image

  • .

    Buyer's Agent in 2016

    . Non Mls Member

    NON MLS Member

  • L

    Seller's Agent in 2015

    Logan Farrer

    Realhome Services and Solutions Inc

  • N

    Buyer's Agent in 2015

    Non Participant

    Non Realcomp Office

See All Agents

Map

Source: Realcomp

MLS Number: 20230022611

Realcomp

APN: 21-063215

Michigan Wayne County Detroit 48215 Riverbend

1341 Alter Rd, Detroit, MI

This home is located at 1341 Alter Rd, Detroit, MI 48215 since 27 March 2023 and is currently estimated at $104,800, approximately $88 per square foot. This property was built in 1921. 1341 Alter Rd is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, 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
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