NOT LISTED FOR SALE

Estimated Value: $67,000 - $171,000

3 Beds
1 Bath
792 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $15,000 $19 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $386/month

123 Days on Market

Highlights

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

About This Home

As of July 2023

Welcome to the latest offering from the Detroit Land Bank authority. 3 bedroom frame bungalow, in need of extreme rehab. Show with caution due to potential unstable interior structure. Vacant lots 13444, 13466, 13456, 13474 and 13448 Sparling are also included in the sale. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review

Last Agent to Sell the Property

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 09/26/2022

Real Estate One-Southfield

Co-Listed By

Patricia Phillips

Real Estate One-Southfield License #6506029243

Last Buyer's Agent

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 09/26/2022

Real Estate One-Southfield

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 792 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Paterson Bros & Cos Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W13I014037S

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • Entry Location: Ground Level w/Steps
  • 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: 792
  • Total Sq Ft: 792
  • Sq Ft Total Bsmt: 396

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 15
  • 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: Community

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: W13I014037S

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2013
Sold by
Wayne County Treasurer
Bought by
Planning & Development Dept City Of Detr
Current Estimated Value
$70,454

Purchase Details

Closed on
May 19, 2010
Sold by
Absolute Capital Inc
Bought by
Elite Investments Capital Llc

Purchase Details

Closed on
May 14, 2010
Sold by
El Dorado Real Properties Llc
Bought by
Wang James and Wang Helen

Purchase Details

Closed on
May 4, 2010
Sold by
Stonecrest Income & Opportunity Fund 1 L
Bought by
Absolute Capital Inc

Purchase Details

Closed on
Apr 22, 2010
Sold by
Interstate Investment Group Llc
Bought by
Stonecrest Income & Opportunity Fund 1 L

Purchase Details

Closed on
Oct 6, 2008
Sold by
Wells Fargo Bank Na
Bought by
Interstate Investment Group Llc

Purchase Details

Closed on
Jan 3, 2007
Sold by
Carter Korintha
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 28, 2004
Sold by
Sampson Donald
Bought by
Carter Korintha

Purchase Details

Closed on
May 16, 2004
Sold by
Evans Bobby and Evans Annie
Bought by
Sampson Donald
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
Planning & Development Dept City Of Detr -- None Available
Elite Investments Capital Llc $1,000 None Available
Wang James $950 None Available
Absolute Capital Inc $3,750 None Available
Stonecrest Income & Opportunity Fund 1 L -- None Available
El Dorado Real Properties Llc -- None Available
Interstate Investment Group Llc -- Fidelity National Title
Wells Fargo Bank Na -- Fidelity National Title
Wells Fargo Bank Na $63,978 None Available
Carter Korintha $67,000 Lawyers Title Ins
Sampson Donald -- Chirco Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $15,000 +114.3% $19 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
12/28/2022 12/28/22 Price Changed $7,000 +7.7% $9 / Sq Ft
10/28/2022 10/28/22 Price Changed $6,500 +44.4% $8 / Sq Ft
09/26/2022 09/26/22 For Sale $4,500 -- $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 -- $400 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $1,078 $0 $0 $0
2019 $1,078 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $240 $0 $0 $0
2015 $855 $0 $0 $0
2013 $855 $8,553 $0 $0
2010 -- $12,540 $635 $11,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221044747

Realcomp

APN: 13-014037