NOT LISTED FOR SALE

1403 Edison St Detroit, MI 48206

Boston Edison Neighborhood

Estimated Value: $306,000 - $464,000

4 Beds
2.5 Baths
2,214 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $280,000 $126 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,243/month

134 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage

About This Home

As of February 2019

This home is located at 1403 Edison St, Detroit, MI 48206 since 01 August 2018 and is currently estimated at $354,206, approximately $159 per square foot. This property was built in 1915. 1403 Edison St is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Last Agent to Sell the Property

Ishma Best

PREP Realty License #6502415723 Listed on: 08/01/2018

Last Buyer's Agent

Ishma Best

PREP Realty License #RCO-6502415723

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1915 | Remodeled in 2018

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 41.50x133.50

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,214 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Boston Blvd Subdivision

Listing and Financial Details

  • Assessor Parcel Number W06I002402S

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,262

Year Built

Built in 1915 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1915
  • State Equalized Value: 24900.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2214
  • Total Sq Ft: 2214
  • Sq Ft Total Bsmt: 935

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 41
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 2153846.1538
  • Lot Size Area: 0.13
  • Lot Dimensions: 41.50X133.50
  • Parcel Number: W06I002402S

Tax Info

  • Tax Amount Summer: 2040.0000
  • Tax Amount Winter: 222.0000
  • Total Tax: 2262.0000
  • Taxable Value: 23380.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Feb 19, 2019
Sold by
Detroit Real Estate Value Fund Ii Llc
Bought by
Moore Jessica
Seller's Agent
Ishma Best
PREP Realty
Buyer's Agent
Ishma Best
PREP Realty
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$354,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,206
Avg. Annual Appreciation
3.69%
Original Mortgage
$252,000
Outstanding Balance
$225,226
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$128,980

Purchase Details

Listed on
Nov 7, 2016
Closed on
Nov 29, 2016
Sold by
Fannie Mae
Bought by
Detroit Real Estate Value Fund Ii Llc
Seller's Agent
William Adams
Adams Realty Services
Buyer's Agent
Huma Khan
Keys & Title Realty
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.26%

Purchase Details

Closed on
Jun 16, 2005
Sold by
Youth & Adult Prayer Center Church Of Go
Bought by
Burchette Ollie Mae White

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
5.34%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1994
Sold by
Kenner Harold
Bought by
Ollie M White
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
Moore Jessica $280,000 Michigan Investment Ttl Inc
Detroit Real Estate Value Fund Ii Llc $40,000 None Available
Burchette Ollie Mae White -- Multiple
Ollie M White $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Jessica $252,000
Previous Owner Burchette Ollie Mae White $226,500
Previous Owner Burchette Ollie Mae White $226,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 For Sale $280,000 0.0% $126 / Sq Ft
02/28/2019 02/28/19 Off Market $280,000 -- --
02/19/2019 02/19/19 Sold $280,000 0.0% $126 / Sq Ft
08/01/2018 08/01/18 For Sale $280,000 +600.0% $126 / Sq Ft
11/30/2016 11/30/16 Sold $40,000 0.0% $21 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $40,000 -- $21 / 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 $3,756 $148,900 $0 $0
2024 $3,756 $126,300 $0 $0
2023 $3,652 $103,300 $0 $0
2022 $3,930 $80,100 $0 $0
2021 $3,808 $48,000 $0 $0
2020 $3,806 $40,300 $0 $0
2019 $2,359 $30,800 $0 $0
2018 $2,040 $24,900 $0 $0
2017 $434 $22,900 $0 $0
2016 $0 $0 $0 $0
2015 $240 $0 $0 $0
2013 $240 $0 $0 $0
2010 -- $1,131 $1,131 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2019

    Ishma Best

    PREP Realty

    Section Image
  • William Adams

    Seller's Agent in 2016

    William Adams

    Adams Realty Services

    (248) 582-3300

    158 Total Sales

    Section Image
  • Huma Khan

    Buyer's Agent in 2016

    Huma Khan

    Keys & Title Realty

    (248) 703-7907

    14 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 219103342

Realcomp

APN: 06-002402

Michigan Wayne County Detroit 48202 Boston Edison

1403 Edison St, Detroit, MI

This home is located at 1403 Edison St, Detroit, MI 48206 since 01 August 2018 and is currently estimated at $354,206, approximately $159 per square foot. This property was built in 1915. 1403 Edison St is a home located in Wayne County with nearby schools including Thirkell Elementary 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.

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

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