NOT LISTED FOR SALE

1386 Pine St Detroit, MI 48201

North Corktown Neighborhood

Estimated Value: $345,000 - $493,000

4 Beds
2 Baths
2,068 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $327,000 $158 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,679 / mo

435 Days on Market

About This Home

As of March 2024

A stunning gem located in the desirable North Corktown district, close to restaurants, entertainment, churches, schools, and a new extension of the Riverwalk. This is a comfortable, spacious two family home. The home has new windows that offer views of the city and amazing light throughout the units.A large backyard offers the perfect relaxation option. It is a very walkable neighborhood and there is much to do around Corktown. One of Detroit's best parks and gardens is being built just steps away. Ford Motor Company has also made huge investments in the area. THIS HOME IS IN THE OPPORTUNITY ZONE.

Last Agent to Sell the Property

Carole Baker

Lambrecht Realty LLC License #6501394878 Listed on: 08/31/2022

Last Buyer's Agent

Carole Baker

Lambrecht Realty LLC License #6501394878 Listed on: 08/31/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 115.00
  • Property fronts a private road

Home Design

  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,068 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W06I000675S

Community Details

Overview

  • 2 Units
  • John MC Keowns Subdivision

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$591

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1900
  • State Equalized Value: 16600.0000
  • Pets Allowed: Cats OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2068

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Private

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 115.00
  • Parcel Number: W06I000675S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 553.0000
  • Tax Amount Winter: 38.0000
  • Total Tax: 591.0000
  • Taxable Value: 4021.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Mar 8, 2024
Sold by
Bought by
Seller's Agent
Carole Baker
Lambrecht Realty LLC
Buyer's Agent
Carole Baker
Lambrecht Realty LLC
List Price
$425,000
Sold Price
$327,000
Premium/Discount to List
-$98,000
-23.06%
Views
233
Current Estimated Value
$415,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,208
Avg. Annual Appreciation
10.51%
Original Mortgage
$245,250
Outstanding Balance
$238,723
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$176,485
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$327,000 Chirco Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $245,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $327,000 -23.1% $158 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
08/31/2022 08/31/22 For Sale $425,000 -- $206 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,001 $63,000 $0 $0
2024 $445 $52,900 $0 $0
2023 $676 $40,000 $0 $0
2022 $703 $34,500 $0 $0
2021 $691 $16,600 $0 $0
2020 $691 $15,500 $0 $0
2019 $584 $12,400 $0 $0
2018 $533 $9,800 $0 $0
2017 $71 $9,300 $0 $0
2016 $668 $25,800 $0 $0
2015 $368 $7,000 $0 $0
2013 $357 $8,271 $0 $0
2010 -- $10,968 $349 $10,619
Source: Public Records

Agents Affiliated with this Home

  • Carole Baker

    Seller's Agent in 2024

    Carole Baker

    Lambrecht Realty LLC

    (313) 736-4444

    2 in this area

    17 Total Sales

    Carole Baker
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Map

Source: Realcomp

MLS Number: 20221036928

Realcomp

APN: 06-000675

Michigan Wayne County Detroit 48201 North Corktown

1386 Pine St, Detroit, MI

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 2026 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

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