NOT LISTED FOR SALE

15840 Lappin St Detroit, MI 48205

Regent Park Neighborhood

Estimated Value: $59,000 - $79,000

3 Beds
1.5 Baths
898 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $60,000 $67 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $504/month

18 Days on Market

Highlights

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

About This Home

As of February 2023

Welcome to your next investment with value add potential. This rental is professionally managed and the current tenant pays $1,100/ month section 8 with immaculate pay history. Property has Detroit Certificate of Compliance and features 3 beds, 1.5 bath, and a full finished basement.

Last Agent to Sell the Property

Tim Moore

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

Last Buyer's Agent

DeShonna Igwenagha

United Real Estate Detroit LLC License #6501426477

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

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 898 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

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 W21I021658S
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$813

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: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 1570
  • Sq Ft Lower Floor: 672
  • Total Sq Ft: 898
  • Sq Ft Total Bsmt: 672

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 39
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1.5 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: 500000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 39.00 x 134.00
  • Parcel Number: W21I021658S

Tax Info

  • Tax Amount Summer: 738.0000
  • Tax Amount Winter: 75.0000
  • Total Tax: 813.0000
  • Taxable Value: 8195.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Feb 22, 2023
Sold by
Gisele Inc
Bought by
Idan Tzufit and Idan Ben
Seller's Agent
Tim Moore
Zest Realty LLC
Buyer's Agent
DeShonna Igwenagha
United Real Estate Detroit LLC
List Price
$60,000
Sold Price
$60,000
Views
20
Current Estimated Value
$68,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,397
Avg. Annual Appreciation
5.03%
Original Mortgage
$48,000
Outstanding Balance
$46,494
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$21,903

Purchase Details

Closed on
Jun 29, 2018
Sold by
15840 Lappin Llc
Bought by
Gisele Inc

Purchase Details

Closed on
Jul 17, 2003
Sold by
Anderson Casaundra
Bought by
Bank Of New York and Eqcc Trust 2001-2
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Idan Tzufit $60,000 First Premier Title
Gisele Inc $35,000 None Available
Bank Of New York $54,651 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Idan Tzufit $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $60,000 0.0% $67 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $60,000 -- $67 / 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 $20,900 $0 $0
2024 $1,742 $19,800 $0 $0
2023 $902 $16,100 $0 $0
2022 $956 $14,600 $0 $0
2021 $933 $10,000 $0 $0
2020 $932 $8,500 $0 $0
2019 $920 $8,300 $0 $0
2018 $817 $7,500 $0 $0
2017 $142 $8,300 $0 $0
2016 $898 $8,700 $0 $0
2015 $870 $8,700 $0 $0
2013 $1,205 $12,050 $0 $0
2010 -- $17,668 $1,055 $16,613
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
  • DeShonna Igwenagha

    Buyer's Agent in 2023

    DeShonna Igwenagha

    United Real Estate Detroit LLC

    (313) 236-0048

    7 in this area

    141 Total Sales

    DeShonna Igwenagha
    Section Image
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Map

Source: Realcomp

MLS Number: 20230000128

Realcomp

APN: 21-021658

Michigan Wayne County Detroit 48205 Regent Park

15840 Lappin St, Detroit, MI

This home is located at 15840 Lappin St, Detroit, MI 48205 since 02 January 2023 and is currently estimated at $68,397, approximately $76 per square foot. This property was built in 1942. 15840 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.

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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