NOT LISTED FOR SALE

1625 W Lafayette Blvd Detroit, MI 48216

Corktown Neighborhood

Estimated Value: $2,913,187

-- Bed
-- Bath
5,376 Sq Ft
$542/Sq Ft Est. Value

About This Home

This home is located at 1625 W Lafayette Blvd, Detroit, MI 48216 and is currently estimated at $2,913,187, approximately $541 per square foot. 1625 W Lafayette Blvd is a home located in Wayne County with nearby schools including Burton International Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2021
Sold by
Ladder Company 12 Llc
Bought by
Ladder 12 Detroit Llc
Current Estimated Value
$2,913,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,298,627
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,661,291

Purchase Details

Closed on
Jan 29, 2014
Sold by
City Of Detroit
Bought by
Ladder Company 12 Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ladder 12 Detroit Llc -- First American Title
Ladder Company 12 Llc $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladder 12 Detroit Llc $1,400,000
Closed Ladder Company 12 Llc $900,000
Closed Ladder Company 12 Llc $450,000
Source: Public Records

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
2024 $22,527 $667,400 $0 $0
2023 $21,928 $607,200 $0 $0
2022 $23,705 $341,400 $0 $0
2021 $22,922 $282,500 $0 $0
2020 $22,914 $257,800 $0 $0
2019 $2,648 $260,500 $0 $0
2018 $2,265 $29,600 $0 $0
2017 $523 $27,700 $0 $0
2016 $2,529 $91,700 $0 $0
2015 $2,730 $27,300 $0 $0
2013 -- $0 $0 $0
2010 -- $8,924 $8,924 $0
Source: Public Records

Map

Michigan Wayne County Detroit 48216 Corktown

1625 W Lafayette Blvd, Detroit, MI

This home is located at 1625 W Lafayette Blvd, Detroit, MI 48216 and is currently estimated at $2,913,187, approximately $541 per square foot. 1625 W Lafayette Blvd is a home located in Wayne County with nearby schools including Burton International 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.

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