NOT LISTED FOR SALE

1440 Gratiot Ave Detroit, MI 48207

Lafayette Park Neighborhood
-- Bed
-- Bath
28,080 Sq Ft
4,792 Sq Ft Lot

About This Home

This home is located at 1440 Gratiot Ave, Detroit, MI 48207. 1440 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Rocky Investment Company Llc
Bought by
1337 Divison Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Outstanding Balance
$17,512,652
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
1337 Divison Llc -- Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1440 Gratiot Llc $20,000,000
Source: Public Records

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 $26,267 $491,300 $0 $0
2023 $25,568 $483,200 $0 $0
2022 $27,642 $459,000 $0 $0
2021 $31,775 $362,800 $0 $0
2020 $32,104 $380,000 $0 $0
2019 $31,508 $354,900 $0 $0
2018 $2,417 $102,400 $0 $0
2017 $559 $88,300 $0 $0
2016 $2,699 $924,800 $0 $0
2015 $2,912 $79,100 $0 $0
2013 $2,821 $71,946 $0 $0
2010 -- $77,483 $11,647 $65,836
Source: Public Records

Map

Michigan Wayne County Detroit 48207 Lafayette Park

1440 Gratiot Ave, Detroit, MI

This home is located at 1440 Gratiot Ave, Detroit, MI 48207. 1440 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.

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