NOT LISTED FOR SALE

15725 Sorrento St Detroit, MI 48227

Bethune Community Neighborhood

Estimated Value: $89,000 - $99,000

4 Beds
2 Baths
1,776 Sq Ft
$52/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $76,000 $43 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $589/month

269 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • Porch
  • Cass Technical High School Rated 10
  • Balcony

About This Home

As of June 2023

$5,000 PRICE REDUCTION! Spacious 2 Unit Tudor. Ideal for 1 unit to live, 1 unit to rent. Fully tenant occupied. Each unit includes 2 bedrooms, 1 full bath, living room, formal dining room, kitchen. Balcony available for upper unit. Shared basement. Great investment property. Can show 1st floor unit through ShowingTime. This home can be purchased as part of a 3 property investor package totaling 4 units for $270,000!!

Last Agent to Sell the Property

Paula Draper

Higbie Maxon Agney Inc License #MISPE-6501415691 Listed on: 08/13/2022

Last Buyer's Agent

Andre Hardy

Coldwell Banker Professionals-GPF License #6501442553

Coldwell Banker Professionals-GPF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35 x 133

Parking

  • On-Street Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • College Crest Sub 1Plats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22024116.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,734

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Tudor
  • Total Tax Amount: 1734
  • Total Tax Year: 2021
  • Year Built: 1929
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1776

Exterior Features

  • Construction: Brick
  • Exterior Features: Porch, Exterior Balcony
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Parking: On Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Floor Furnace
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public At Street

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights

Lot Info

  • Assessor Parcel Number: 22024116.
  • Location: Subdivision
  • Lot Dimensions: 35 x 133
  • Acreage: 0.11
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,583.00
  • Winter Tax: Year: 2021, Amount: $151.00
  • Total Tax: Year: 2021, Amount: $1,734.00
  • SEV Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2017
Sold by
Hillbubb Limited Llc
Bought by
Studer Investment Llc
Current Estimated Value
$93,000

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Hillbubb Limited Llc

Purchase Details

Closed on
Aug 10, 2006
Sold by
Wade Charles B
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Feb 24, 2006
Sold by
Pickett Leonard and Pickett Leonard A
Bought by
Wade Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 14, 2004
Sold by
Clements Gary
Bought by
Monument Street Funding Llc
Source: Public Records

Range of Values:

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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
Studer Investment Llc $31,000 Fidelity National Title
Hillbubb Limited Llc $2,100 None Available
Lasalle Bank Na $85,000 None Available
Wade Charles $135,000 Grace Title Agency Inc
Monument Street Funding Llc $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wade Charles B $26,600
Previous Owner Wade Charles B $106,400
Previous Owner Pickett Leonarda $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $76,000 -15.5% $43 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $89,900 -5.4% $51 / Sq Ft
01/11/2023 01/11/23 For Sale $95,000 0.0% $53 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $95,000 -5.0% $53 / Sq Ft
08/15/2022 08/15/22 For Sale $100,000 -- $56 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,618 $53,400 $0 $0
2024 $3,618 $46,700 $0 $0
2023 $1,674 $38,100 $0 $0
2022 $1,782 $29,100 $0 $0
2021 $1,735 $22,900 $0 $0
2020 $1,734 $22,400 $0 $0
2019 $1,708 $17,700 $0 $0
2018 $1,152 $15,100 $0 $0
2017 $196 $14,100 $0 $0
2016 $1,251 $14,100 $0 $0
2015 $1,021 $14,100 $0 $0
2013 $1,977 $19,773 $0 $0
2010 -- $28,332 $778 $27,554
Source: Public Records

Agents Affiliated with this Home

  • Paula Draper

    Seller's Agent in 2023

    Paula Draper

    Higbie Maxon Agney Inc

    (313) 310-0211

    1 in this area

    60 Total Sales

    Paula Draper
    Section Image
  • Andre Hardy

    Buyer's Agent in 2023

    Andre Hardy

    Coldwell Banker Professionals-GPF

    (810) 990-9511

    1 in this area

    35 Total Sales

    Andre Hardy
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50086666

Michigan Multiple Listing Service

APN: 22-024116

Michigan Wayne County Detroit 48227 Bethune Community

15725 Sorrento St, Detroit, MI

This home is located at 15725 Sorrento St, Detroit, MI 48227 since 13 August 2022 and is currently estimated at $93,000, approximately $52 per square foot. This property was built in 1929. 15725 Sorrento St is a home located in Wayne County with nearby schools including John R. King Academic And Performing Arts 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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