NOT LISTED FOR SALE

16518 Sorrento St Detroit, MI 48235

Harmony Village Neighborhood

Estimated Value: $100,000 - $121,767

3 Beds
1 Bath
1,525 Sq Ft
$74/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $85,000 $56 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $765/month

70 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Porch
  • Cass Technical High School Rated 10
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2021

**Opportunity** Charming brick colonial located near Fitzgerald/Marygrove neighborhood, Martin Luther King Jr Education Center, John C Lodge Freeway, and a host of stores and restaurants. This property features 3 bedroom, with attic space to add a fourth bedroom and bathroom, hardwood flooring throughout, 1 bathroom, kitchen with breakfast nook, living room with fire place, dining room, and basement. This property is a must see! Great for Home owner, or investor wanting to add another great property to their portfolio. Purchaser to pay $495 processing fee to listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance.

Last Agent to Sell the Property

Shenitha Raines

Realtyflo Inc License #6501390824 Listed on: 08/29/2021

Last Buyer's Agent

Cyrus Wheeler

Match Realty License #6502431330

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.00x116.00
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • 2-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
  • Sewer in Street

Additional Features

  • Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Bassett & Smiths Puritan Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I023647S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1929
  • State Equalized Value: 18300.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1525
  • Total Sq Ft: 1525
  • Sq Ft Total Bsmt: 988

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 60.00X116.00
  • Parcel Number: W22I023647S

Tax Info

  • Tax Amount Summer: 1242.0000
  • Tax Amount Winter: 120.0000
  • Total Tax: 1362.0000
  • Taxable Value: 12683.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Dec 6, 2021
Sold by
Team Wealth Asset Management Inc
Bought by
Simmon Monica
Seller's Agent
Shenitha Raines
Realtyflo Inc
Buyer's Agent
Cyrus Wheeler
Match Realty
List Price
$79,000
Sold Price
$85,000
Premium/Discount to List
$6,000
7.59%
Current Estimated Value
$112,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,224
Avg. Annual Appreciation
8.16%
Original Mortgage
$83,460
Outstanding Balance
$77,105
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$36,337

Purchase Details

Closed on
Jun 24, 2015
Sold by
Rogers Johnnie L
Bought by
Team Wealth Asset Management Inc
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
Simmon Monica $85,000 Amrock Llc
Team Wealth Asset Management Inc $19,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmon Monica $83,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $85,000 +7.6% $56 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $79,000 0.0% $52 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $79,000 -- $52 / 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 $2,038 $52,100 $0 $0
2024 $2,038 $44,300 $0 $0
2023 $1,978 $35,700 $0 $0
2022 $2,185 $27,700 $0 $0
2021 $1,363 $19,600 $0 $0
2020 $1,362 $18,300 $0 $0
2019 $1,341 $15,900 $0 $0
2018 $1,176 $13,700 $0 $0
2017 $226 $13,500 $0 $0
2016 $1,290 $13,900 $0 $0
2015 $1,390 $13,900 $0 $0
2013 $1,852 $19,462 $0 $0
2010 -- $27,885 $1,189 $26,696
Source: Public Records

Agents Affiliated with this Home

  • Shenitha Raines

    Seller's Agent in 2021

    Shenitha Raines

    Realtyflo Inc

    (773) 543-3030

    2 in this area

    35 Total Sales

    Section Image
  • Cyrus Wheeler

    Buyer's Agent in 2021

    Cyrus Wheeler

    Match Realty

    (248) 885-2646

    1 in this area

    127 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2210071546

Realcomp

APN: 22-023647

Michigan Wayne County Detroit 48235 Harmony Village

16518 Sorrento St, Detroit, MI

This home is located at 16518 Sorrento St, Detroit, MI 48235 since 29 August 2021 and is currently estimated at $113,442, approximately $74 per square foot. This property was built in 1929. 16518 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.

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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