NOT LISTED FOR SALE

1370 Wellesley Dr Detroit, MI 48203

Palmer Woods Neighborhood

Estimated Value: $592,000 - $788,000

5 Beds
4.5 Baths
3,734 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $529,900 $142 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,816/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • Ground Level Unit
  • Cass Technical High School Rated 10
  • Corner Lot
  • Covered patio or porch

About This Home

As of November 2020

Located in Historic Palmer Woods, this Federal colonial with pillared portico sits majestically on a large lot w/ private backyard. Move-in ready, spacious & elegant floor plan w excellent details. 1st fl offers a grand foyer 18x15, LR w/ fp & built in library area, stylish kitchen w/ SS appliances, lovely formal DR, 1st floor BR suite (office/sitting rm), classic crown moldings & hardwood floors t/o. The 2nd floor offers 4 more BRs & 3 more full baths. The MSB offers large closets, fireplace, a secluded in-law suite, 2 more generous sized BRs, hardwood floors and 2 staircases. Waterproofed basement has finished 31x30 rec rm w/bar, wood fp & 2 staircases. Added 1' of blown attic insulation, updated wood windows & 2 furnaces make this home very energy efficient. Attached garage adds convenience. HOA includes maintenance of public green spaces, street snow removal, private security patrol & community events. To take an online tour of Palmer Woods, search; Palmer Woods: A Self Guided Tour

Last Agent to Sell the Property

Stephen Williams

Coldwell Banker Professionals Birm License #6501285687 Listed on: 09/18/2020

Coldwell Banker Professionals Birm

Last Buyer's Agent

Hisan Richardson

O'Connor Realty License #RCO-6501315470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 75x272
  • Fenced
  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Historic Home

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 3,734 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Fireplace in Basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W27I062213S

Community Details

Overview

  • Jed Durkin Association, Phone Number (313) 720-7285
  • Palmer Woods Sub Subdivision

Additional Features

  • Laundry Facilities
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,593

Year Built

Built in 1955

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Historic
  • Architecture Level: 2 Story
  • Assessment: $495 annual for HOA
  • Year Built: 1955
  • State Equalized Value: 165800.0000
  • Foundation Features: Drainage System | Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Humidifier, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Basement, Living Room, Primary Bedroom
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Free-Standing Gas Range, Range Hood, Free-Standing Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer
  • Sq Ft Combined: 5454
  • Sq Ft Lower Floor: 1720
  • Total Sq Ft: 3734
  • Sq Ft Total Bsmt: 1990

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Chimney Cap(s), Fenced, Lighting, Satellite Dish, Security Patrol
  • Foundation Materials: Block
  • Frontage Feet: 272
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: jed.durkin@gmail.com 313-720-7285
  • Association Fee: 495
  • Association Contact: Jed Durkin
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1127446.8085
  • Lot Features: Corner Lot, Irregular, Sprinkler(s)
  • Lot Size Area: 0.47
  • Lot Dimensions: 75x272
  • Parcel Number: W27I062213S

Tax Info

  • Tax Amount Summer: 4732.0000
  • Tax Amount Winter: 861.0000
  • Total Tax: 5593.0000
  • Taxable Value: 82211.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 4, 2020
Sold by
Allen David J and Allen Colleen M
Bought by
Mallett Denise and Williams Mallett Denise
Seller's Agent
Stephen Williams
Coldwell Banker Professionals Birm
Buyer's Agent
Hisan Richardson
O'Connor Realty
List Price
$529,900
Sold Price
$529,900
Current Estimated Value
$689,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,401
Avg. Annual Appreciation
4.70%
Original Mortgage
$350,000
Outstanding Balance
$315,498
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$343,477
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
Mallett Denise $529,900 Bankers Title Setmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallett Denise $350,000
Closed Mallett Denise $350,000
Previous Owner Allen David J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $529,900 0.0% $142 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $529,900 -- $142 / 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 $11,620 $309,200 $0 $0
2024 $11,620 $270,100 $0 $0
2023 $11,348 $285,950 $0 $0
2022 $12,986 $278,100 $0 $0
2021 $5,565 $208,800 $0 $0
2020 $5,261 $215,600 $0 $0
2019 $4,917 $165,800 $0 $0
2018 $3,736 $135,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephen Williams

    Coldwell Banker Professionals Birm

    (248) 644-6300

    1 in this area

    11 Total Sales

    Section Image

  • H

    Buyer's Agent in 2020

    Hisan Richardson

    O'Connor Realty

    (313) 963-9891

    2 in this area

    7 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2200076459

Realcomp

APN: 27-062213

Michigan Wayne County Detroit 48203 Palmer Woods

1370 Wellesley Dr, Detroit, MI

This home is located at 1370 Wellesley Dr, Detroit, MI 48203 since 18 September 2020 and is currently estimated at $649,888, approximately $174 per square foot. This property was built in 1955. 1370 Wellesley Dr is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Mumford 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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