NOT LISTED FOR SALE

1567 Alter Rd Detroit, MI 48215

Riverbend Neighborhood

Estimated Value: $43,000 - $128,670

3 Beds
1 Bath
1,080 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $40,000 $37 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $592/month

138 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of July 2023

** Investment Opportunity ** Tons of potential on this Bungalow home located off of Kercheval just a couple blocks away from Grosse Pointe Park. The lot next door is included in the price! Features include over 1000 sq.ft, 3 bedrooms, and 1 bath. This could be a great family home or investment after renovations.

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 02/28/2023

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Pamela LeBlanc

Coldwell Banker Professionals-GPF License #6501433137

Coldwell Banker Professionals-GPF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1918

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 30.00 x 89.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fox Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I063200S

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1918
  • State Equalized Value: 10500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1080

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 666666.6600
  • Lot Size Area: 0.06
  • Lot Dimensions: 30.00 x 89.00
  • Parcel Number: W21I063200S

Tax Info

  • Tax Amount Summer: 736.0000
  • Tax Amount Winter: 75.0000
  • Total Tax: 811.0000
  • Taxable Value: 8160.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jul 28, 2023
Sold by
Snyder Ilya
Bought by
Alter Developments Llc
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Pamela LeBlanc
Coldwell Banker Professionals-GPF
List Price
$40,000
Sold Price
$40,000
Views
81
Current Estimated Value
$96,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,168
Avg. Annual Appreciation
44.79%
Original Mortgage
$70,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jul 17, 2023
Sold by
Gaston Joseph
Bought by
Snyder Ilya
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Pamela LeBlanc
Coldwell Banker Professionals-GPF
List Price
$40,000
Sold Price
$40,000
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2018
Sold by
Hudson Keyana
Bought by
Gaston Joseph

Purchase Details

Closed on
Apr 7, 2014
Sold by
Baker Anthony
Bought by
Allen Raquel

Purchase Details

Closed on
Mar 9, 2004
Sold by
Debets Tawn Richard
Bought by
Baker Anthony

Purchase Details

Closed on
Jan 23, 2000
Sold by
Debets Troy Richard
Bought by
Debets Tawn Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alter Developments Llc -- None Listed On Document
Snyder Ilya $40,000 None Listed On Document
Gaston Joseph $500 None Available
Allen Raquel $8,000 None Available
Baker Anthony $8,000 --
Debets Tawn Richard $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alter Developments Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $40,000 0.0% $37 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $40,000 0.0% $37 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $40,000 -19.8% $37 / Sq Ft
05/12/2023 05/12/23 Price Changed $49,900 -0.2% $46 / Sq Ft
04/19/2023 04/19/23 Price Changed $50,000 -9.1% $46 / Sq Ft
03/27/2023 03/27/23 Price Changed $54,999 -1.8% $51 / Sq Ft
03/21/2023 03/21/23 Price Changed $55,999 -6.7% $52 / Sq Ft
03/07/2023 03/07/23 Price Changed $59,999 -14.3% $56 / Sq Ft
02/28/2023 02/28/23 For Sale $70,000 -- $65 / 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 $1,003 $17,100 $0 $0
2024 $1,003 $15,000 $0 $0
2023 $752 $11,210 $0 $0
2022 $856 $10,500 $0 $0
2021 $795 $7,900 $0 $0
2020 $1,159 $10,300 $0 $0
2019 $873 $9,000 $0 $0
2018 $699 $7,800 $0 $0
2017 $150 $7,900 $0 $0
2016 $409 $2,000 $0 $0
2015 $200 $2,000 $0 $0
2013 $224 $2,244 $0 $0
2010 -- $3,290 $353 $2,937
Source: Public Records

Agents Affiliated with this Home

  • Erick Monzo

    Seller's Agent in 2023

    Erick Monzo

    Keller Williams Realty-Great Lakes

    (586) 210-3350

    3 in this area

    1,852 Total Sales

    Erick Monzo
    Section Image
  • Pamela LeBlanc

    Buyer's Agent in 2023

    Pamela LeBlanc

    Coldwell Banker Professionals-GPF

    (240) 498-5573

    1 in this area

    120 Total Sales

    Pamela LeBlanc
    Section Image
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Map

Source: Realcomp

MLS Number: 20230008382

Realcomp

APN: 21-063200

Michigan Wayne County Detroit 48215 Riverbend

1567 Alter Rd, Detroit, MI

Not Listed for Sale

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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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