NOT LISTED FOR SALE

15826 Lappin St Detroit, MI 48205

Regent Park Neighborhood

Estimated Value: $51,000 - $88,000

3 Beds
1 Bath
907 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $66,000 $73 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $508/month

140 Days on Market

Highlights

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

About This Home

As of June 2023

Welcome to your next cash flowing investment! This rental is professionally managed and the current tenant pays $1,371 per month on Section 8 with immaculate pay history. Property has S8 approval certificate and features 3 beds, 1 bath, and a full basement. This deal has an amazing rent ratio and won't last long!

Last Agent to Sell the Property

Tim Moore

Zest Realty LLC License #6502431777 Listed on: 01/02/2023

Last Buyer's Agent

Jonathan Labarre

EXP Realty LLC License #RCO-6051408865

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 39.00 x 134.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Foundation

Interior Spaces

  • 907 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Assessors Plat Of John Salter Estate Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I021660S

Home Details

Home Type

Single Family

Est. Annual Taxes

$798

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1942
  • State Equalized Value: 14600.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 907
  • Total Sq Ft: 907
  • Sq Ft Total Bsmt: 672

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 39
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 550000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 39.00 x 134.00
  • Parcel Number: W21I021660S

Tax Info

  • Tax Amount Summer: 725.0000
  • Tax Amount Winter: 73.0000
  • Total Tax: 798.0000
  • Taxable Value: 7977.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Panaro Kenneth
Bought by
15826 Lappin Llc
Current Estimated Value
$69,167

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jun 23, 2023
Sold by
Se Detroit Property Inc
Bought by
Panaro Kenneth
Seller's Agent
Tim Moore
Zest Realty LLC
Buyer's Agent
Jonathan Labarre
EXP Realty LLC
List Price
$70,000
Sold Price
$66,000
Premium/Discount to List
-$4,000
-5.71%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%

Purchase Details

Closed on
Jun 24, 2018
Sold by
15826 Lappin Llc
Bought by
Se Detroit Property Inc

Purchase Details

Closed on
Apr 14, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Aames Capital Corp

Purchase Details

Closed on
Jun 3, 2004
Sold by
Battaglio Beth Ann and Battaglio Steven
Bought by
Bankers Trust Co Of California Na and Deutsche Bank National Trust Co
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
15826 Lappin Llc -- None Listed On Document
15826 Lappin Llc -- None Listed On Document
Panaro Kenneth $66,000 First Premier Title
Se Detroit Property Inc $35,000 None Available
Aames Capital Corp -- Parks Title
Bankers Trust Co Of California Na $49,782 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $66,000 0.0% $73 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $66,000 -5.7% $73 / Sq Ft
03/16/2023 03/16/23 For Sale $70,000 0.0% $77 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $70,000 -- $77 / 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 $1,742 $19,300 $0 $0
2024 $1,742 $19,800 $0 $0
2023 $885 $16,100 $0 $0
2022 $937 $14,600 $0 $0
2021 $914 $10,000 $0 $0
2020 $914 $8,500 $0 $0
2019 $901 $8,300 $0 $0
2018 $802 $7,300 $0 $0
2017 $146 $8,100 $0 $0
2016 $1,121 $11,700 $0 $0
2015 $1,170 $11,700 $0 $0
2013 $1,619 $16,185 $0 $0
2010 -- $23,730 $1,055 $22,675
Source: Public Records

Agents Affiliated with this Home

  • Tim Moore

    Seller's Agent in 2023

    Tim Moore

    Zest Realty LLC

    (248) 270-8238

    3 in this area

    110 Total Sales

    Tim Moore
    Section Image
  • Jonathan Labarre

    Buyer's Agent in 2023

    Jonathan Labarre

    EXP Realty LLC

    (248) 225-9068

    1 in this area

    84 Total Sales

    Jonathan Labarre
    Section Image
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Map

Source: Realcomp

MLS Number: 20230000104

Realcomp

APN: 21-021660

Michigan Wayne County Detroit 48205 Regent Park

15826 Lappin St, Detroit, MI

This home is located at 15826 Lappin St, Detroit, MI 48205 since 02 January 2023 and is currently estimated at $69,167, approximately $76 per square foot. This property was built in 1942. 15826 Lappin St is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Denby High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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