NOT LISTED FOR SALE

1410 Gratiot Ave Detroit, MI 48207

Lafayette Park Neighborhood

Estimated Value: $697,860

-- Bed
1 Bath
7,846 Sq Ft
$89/Sq Ft Est. Value

About This Home

Property Id: 1304195

An expansive 1BA loft with Den in a historic building on the hippest block in Eastern Market is available for live/work rent. Great restaurants and bars are on the same block with market sheds just two blocks away. Recently remodeled this 1100 sqft loft has it all for sophisticated urban living. Western sun exposure, tons of space, perfect for entertaining. Laundry inside the unit. Smart phone enabled intercom with video communication. Requirements: - Income: At least 3.5 times the rent - Credit Score: 650 or higher for all adults

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2017
Sold by
Coty Jesse G and Brogan Michael Ryan
Bought by
Fulgora Cunia Carna Hostilina Trust
Current Estimated Value
$697,860

Purchase Details

Closed on
Jun 1, 2016
Sold by
1410 Gratiot Avenue Llc
Bought by
Market Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2012
Sold by
1410 Gratiot Avenue Llc
Bought by
Market Holdings Llc

Purchase Details

Closed on
May 10, 2004
Sold by
Mitchell E Karam Corp
Bought by
Bond Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2002
Sold by
Albert Ellis and Albert Virginia
Bought by
Mitchell E Karam Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Fulgora Cunia Carna Hostilina Trust -- None Available
Brogan Michael Ryan -- Liberty Title Ins Co
Market Holdings Llc $400,000 Title Source Inc Commercial
Market Holdings Llc -- Franklin Title Agency Llc
Bond Michael A $144,637 Transnation Title
1410 Gratiot Avenue Llc $215,000 Transnation Title
Mitchell E Karam Corp $144,637 Transnation Title
Mitchell E Karam Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hebe Llc $0
Previous Owner Market Holdings Llc $300,000
Previous Owner Mitchell E Karam Corp $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market -- -- --
02/10/2025 02/10/25 Off Market -- -- --
02/10/2025 02/10/25 Off Market -- -- --
02/05/2025 02/05/25 For Rent -- -- --
02/04/2025 02/04/25 For Rent -- -- --
01/29/2025 01/29/25 For Rent -- -- --

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
2024 $4,640 $173,500 $0 $0
2023 $4,443 $172,100 $0 $0
2022 $4,731 $139,700 $0 $0
2021 $4,704 $117,400 $0 $0
2020 $4,703 $115,900 $0 $0
2019 $4,534 $110,100 $0 $0
2018 $3,987 $40,100 $0 $0
2017 $549 $34,600 $0 $0
2016 $3,452 $160,900 $0 $0
2015 $2,860 $31,000 $0 $0
2013 $2,815 $28,147 $0 $0
2010 -- $30,314 $6,471 $23,843
Source: Public Records

Map

Michigan Wayne County Detroit 48207 Lafayette Park

1410 Gratiot Ave, Detroit, MI

This home is located at 1410 Gratiot Ave, Detroit, MI 48207 and is currently estimated at $697,860, approximately $88 per square foot. 1410 Gratiot Ave is a home located in Wayne County with nearby schools including Chrysler Elementary School, Ralph J.Bunche Preparatory Academy, 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.

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