NOT LISTED FOR SALE

1533 Ash St Detroit, MI 48208

North Corktown Neighborhood

Estimated Value: $2,174,989

28 Beds
13 Baths
12,493 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $1,300,000 $104 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $12,353/month

67 Days on Market

Highlights

  • 0.22 Acre Lot
  • Hot Water Heating System
  • 1-minute walk to North Corktown Fish Park
  • Cass Technical High School Rated 10

About This Home

As of September 2017

GREAT OPPORTUNITY FOR INVESTOR OR DEVELOPER. SALE INCLUDES VACANT LOT ADJACENT TO BUILDING. FRONT PORTION OF BUILDING IS OCCUPIED, BACK PORTION OF BUILDING IS READY FOR BUILD OUT. DON'T MISS YOUR CHANCE TO BE PART OF THIS NEIGHBORHOOD RESURGENCE.

Last Agent to Sell the Property

Jay Lambrecht

Lambrecht Realty LLC License #6501375482 Listed on: 09/01/2016

Co-Listed By

Carole Baker

Lambrecht Realty LLC License #6501394878

Last Buyer's Agent

Alex Lauer

Clyde Realty LLC License #RCO-6501387117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1917

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00x115.00

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 13 Full Bathrooms
  • 12,493 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • Sewer in Street

Community Details

  • 14 Units
  • MC Keowns Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I000803S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,461

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 4-10 Story
  • Assessment: 100
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13.00
  • Full Bathrooms: 13
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 12493
  • Total Sq Ft: 12493
  • Sq Ft Total Bsmt: 2700

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Electric
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 2840909.0909
  • Lot Size Area: 0.22
  • Lot Dimensions: 80.00X115.00
  • Parcel Number: W08I000803S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 2204.0000
  • Tax Amount Winter: 257.0000
  • Total Tax: 2461.0000

Multi Family

  • Gross Scheduled Income: 134000.00
  • Number Of Units Total: 14
  • Number of Two Bedroom Units: 14
  • Number Of Units Leased: 7

MLS Schools

  • School District: Detroit

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Corktown Ash Llc $3,348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $1,300,000 +108.0% $104 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $625,000 -- $50 / 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 $10,401 $931,400 $0 $0
2024 $10,401 $872,500 $0 $0
2023 $5,149 $712,600 $0 $0
2022 $4,909 $615,600 $0 $0
2021 $3,548 $285,600 $0 $0
2020 $209 $0 $0 $0
2019 $100 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Lambrecht

    Seller's Agent in 2017

    Jay Lambrecht

    Lambrecht Realty LLC

    (313) 610-2710

    2 in this area

    98 Total Sales

    Jay Lambrecht
    Section Image
  • Carole Baker

    Seller Co-Listing Agent in 2017

    Carole Baker

    Lambrecht Realty LLC

    (313) 736-4444

    5 in this area

    22 Total Sales

    Carole Baker
    Section Image
  • Alex Lauer

    Buyer's Agent in 2017

    Alex Lauer

    Clyde Realty LLC

    (313) 230-0510

    4 in this area

    382 Total Sales

    Alex Lauer
    Section Image
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Map

Source: Realcomp

MLS Number: 216096843

Realcomp

APN: 2303170028N

Michigan Wayne County Detroit 48208 North Corktown

1533 Ash St, Detroit, MI

This home is located at 1533 Ash St, Detroit, MI 48208 since 01 September 2016 and is currently estimated at $2,174,989, approximately $174 per square foot. This property was built in 1917. 1533 Ash St is a home located in Wayne County with nearby schools including Burton International Academy, 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
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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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