NOT LISTED FOR SALE

15878 Faircrest St Detroit, MI 48205

Maple Ridge Neighborhood

Estimated Value: $61,000 - $62,000

3 Beds
1 Bath
1,031 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $39,000 $38 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $446/month

5 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of December 2020

This wont last long. Don't be the one who lose out on this INVESTOR'S DREAM. Solid structured 3 BR Bungalow, all that's missing are "bells and whistles."
Located on a quiet eastside block surrounded by caring neighbors. If you hesitate it will be gone.

Last Agent to Sell the Property

Valencia Lundy

All About Real Estate LLC License #6501250150 Listed on: 11/21/2020

Last Buyer's Agent

Valencia Lundy

All About Real Estate LLC License #6501250150 Listed on: 11/21/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x122.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,031 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Ternes Seven Mile Dr Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I018666S

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1940
  • State Equalized Value: 11100.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: None (Appliances)
  • Sq Ft Combined: 1031
  • Total Sq Ft: 1031
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 3900
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 418181.8182
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X122.00
  • Parcel Number: W21I018666S

Tax Info

  • Tax Amount Summer: 1040.0000
  • Tax Amount Winter: 94.0000
  • Total Tax: 1134.0000
  • Taxable Value: 10120.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Dec 15, 2020
Sold by
Parnassa Investments Llc
Bought by
15878 Faircrest Llc
Seller's Agent
Valencia Lundy
All About Real Estate LLC
Buyer's Agent
Valencia Lundy
All About Real Estate LLC
List Price
$46,000
Sold Price
$39,000
Premium/Discount to List
-$7,000
-15.22%
Current Estimated Value
$61,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,461
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Oct 30, 2017
Sold by
Shepherds Detroit Llc
Bought by
Parnassa Investments Llc

Purchase Details

Closed on
Oct 24, 2017
Sold by
Queshua Investments 2 Llc
Bought by
Saint Gery Llc

Purchase Details

Closed on
Mar 3, 2016
Sold by
Exit Strategy December 12 Llc
Bought by
Income Strategy Llc

Purchase Details

Closed on
Mar 11, 2013
Sold by
Right Buy Properties Llc
Bought by
Exit Strategy December 12 Llc

Purchase Details

Closed on
Jan 29, 2013
Sold by
Pleasant Homes Llc
Bought by
Right Buy Properties Llc

Purchase Details

Closed on
Nov 22, 2010
Sold by
Plumb Jan C
Bought by
Pleasant Homes Llc

Purchase Details

Closed on
Nov 15, 2010
Sold by
Garner Gloria
Bought by
Plumb Jan C

Purchase Details

Closed on
Sep 29, 1994
Sold by
Demetsenare Darlene J
Bought by
Gloria Garner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,900
Interest Rate
8.64%
Mortgage Type
FHA
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
15878 Faircrest Llc $39,000 None Available
Parnassa Investments Llc $47,000 None Available
Saint Gery Llc -- None Available
Shephders Detorit Llc -- None Available
Income Strategy Llc -- Attorney
Exit Strategy December 12 Llc -- Commercial Title Service
Right Buy Properties Llc $10,000 Commercial Title Service
Pleasant Homes Llc -- None Available
Plumb Jan C $7,000 None Available
Gloria Garner $32,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gloria Garner $32,900
Closed Saint Gery Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $39,000 -15.2% $38 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/21/2020 11/21/20 For Sale $46,000 0.0% $45 / Sq Ft
11/20/2020 11/20/20 Price Changed $46,000 -- $45 / 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 $1,331 $28,700 $0 $0
2024 $1,331 $26,900 $0 $0
2023 $1,292 $21,800 $0 $0
2022 $1,378 $18,100 $0 $0
2021 $1,340 $12,600 $0 $0
2020 $1,136 $11,100 $0 $0
2019 $1,119 $10,000 $0 $0
2018 $987 $9,700 $0 $0
2017 $188 $9,900 $0 $0
2016 $711 $14,500 $0 $0
2015 $754 $14,500 $0 $0
2013 $1,610 $16,098 $0 $0
2010 -- $28,252 $1,365 $26,887
Source: Public Records

Agents Affiliated with this Home

  • Valencia Lundy

    Seller's Agent in 2020

    Valencia Lundy

    All About Real Estate LLC

    (313) 478-9996

    1 in this area

    26 Total Sales

    Valencia Lundy
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Map

Source: Realcomp

MLS Number: 2200094630

Realcomp

APN: 21-018666

Michigan Wayne County Detroit 48205 Maple Ridge

15878 Faircrest St, Detroit, MI

This home is located at 15878 Faircrest St, Detroit, MI 48205 since 21 November 2020 and is currently estimated at $61,461, approximately $59 per square foot. This property was built in 1940. 15878 Faircrest 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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