NOT LISTED FOR SALE

1540 Lee Place Detroit, MI 48206

Virginia Park Community Neighborhood

Estimated Value: $50,000 - $229,000

-- Bed
2 Baths
2,286 Sq Ft
$52/Sq Ft Est. Value

About This Home

This home is located at 1540 Lee Place, Detroit, MI 48206 and is currently estimated at $119,333, approximately $52 per square foot. 1540 Lee Place 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
The Detroit Land Bank Authority
Bought by
Sherman Veda
Current Estimated Value
$123,667

Purchase Details

Closed on
Oct 30, 2014
Sold by
City Of Detroit
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Feb 7, 2013
Sold by
Wayne County Treasurer
Bought by
Planning & Development Dept City Of Detr

Purchase Details

Closed on
Dec 18, 2009
Sold by
Thor Real Estate Llc
Bought by
Mcdaniel Ronnie

Purchase Details

Closed on
Nov 9, 2009
Sold by
Thor Real Estate Llc
Bought by
Indian Harbor Llc

Purchase Details

Closed on
Dec 22, 2008
Sold by
Paramount Land Holdings Llc
Bought by
Thor Real Estate Llc

Purchase Details

Closed on
Jun 5, 2008
Sold by
Wells Fargo Bank Na
Bought by
Paramount Land Holding Llc

Purchase Details

Closed on
Oct 4, 2006
Sold by
Crutcher Milton
Bought by
Wells Fargo Bank Na and Structured Asset Securities Corp Mortgag

Purchase Details

Closed on
Jan 19, 2006
Sold by
Berry Donna J
Bought by
Crutcher Ii Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
11.85%
Mortgage Type
Unknown
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
Sherman Veda -- Attorney
The Detroit Land Bank Authority -- None Available
Planning & Development Dept City Of Detr -- None Available
Mcdaniel Ronnie $650 None Available
Indian Harbor Llc -- None Available
Thor Real Estate Llc -- None Available
Paramount Land Holding Llc $3,412 Attorneys Title Agency Llc
Wells Fargo Bank Na $59,415 None Available
Crutcher Ii Milton $77,000 Great Lakes Title Of Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Detroit Land Bank Authority $14,597
Previous Owner Crutcher Ii Milton $73,150
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
2025 $15 $1,100 $0 $0
2024 $15 $200 $0 $0
2023 $15 $200 $0 $0
2022 $17 $200 $0 $0
2021 $17 $200 $0 $0
2020 $18 $200 $0 $0
2019 $18 $200 $0 $0
2018 $15 $200 $0 $0
2017 $4 $200 $0 $0
2016 $1,479 $0 $0 $0
2015 $1,479 $0 $0 $0
2013 $1,479 $14,785 $0 $0
2010 -- $21,184 $466 $20,718
Source: Public Records

Map

Michigan Wayne County Detroit 48206 Virginia Park Community

1540 Lee Place, Detroit, MI

This home is located at 1540 Lee Place, Detroit, MI 48206 and is currently estimated at $119,333, approximately $52 per square foot. 1540 Lee Place 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.

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