NOT LISTED FOR SALE

Estimated Value: $67,000 - $103,000

3 Beds
1 Bath
795 Sq Ft
$110/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $31,000 $39 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $588/month

29 Days on Market

Highlights

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

About This Home

As of March 2016

INVESTORS DREAM 3 BEDROOM BRICK BUNGALOW CURRENTLY SECTION 8 TENANTED AT $935/MONTH. DO NOT DISTURB TENANT.

Last Agent to Sell the Property

Al Davis

Detroit Investment Company License #6501331481 Listed on: 09/16/2015

Last Buyer's Agent

Brian Caldwell

Caldwell Realty & Associates License #RCO-6501339538

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35x130

Home Design

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

Interior Spaces

  • 795 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Palmer Blvd Outer Drive Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I087485S

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1947
  • 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
  • Sq Ft Combined: 795
  • Total Sq Ft: 795
  • Sq Ft Total Bsmt: 724

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved

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: 322727.2727
  • Lot Size Area: 0.11
  • Lot Dimensions: 35x130
  • Parcel Number: W22I087485S

Tax Info

  • Tax Amount Summer: 1521.0000
  • Tax Amount Winter: 155.0000
  • Total Tax: 1676.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Feb 19, 2016
Sold by
Rental Tbs-8 Llc
Bought by
David & Elouise Davis Llc
Seller's Agent
Al Davis
Detroit Investment Company
Buyer's Agent
Brian Caldwell
Caldwell Realty & Associates
List Price
$35,500
Sold Price
$31,000
Premium/Discount to List
-$4,500
-12.68%
Current Estimated Value
$87,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,299
Avg. Annual Appreciation
11.57%
Original Mortgage
$16,000
Interest Rate
3.81%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 17, 2013
Sold by
Hudson Davis Holdings Llc
Bought by
Rental Tbs-8 Llc

Purchase Details

Closed on
Feb 24, 2009
Sold by
Hudson Davis Properties Llc
Bought by
Hudson Davis Holdings Llc

Purchase Details

Closed on
Apr 24, 2008
Sold by
Davis Anthony E
Bought by
Hudson Davis Properties Llc

Purchase Details

Closed on
Apr 3, 2008
Sold by
Jackson Alphonso R
Bought by
Davis Anthony E

Purchase Details

Closed on
Nov 30, 2006
Sold by
1St Trust Bank For Savings
Bought by
Hud

Purchase Details

Closed on
May 3, 2006
Sold by
Webb Deborah D and Webb Timothy K
Bought by
1St Trust Bank For Savings

Purchase Details

Closed on
Jun 10, 1994
Sold by
Jenkins Alfreda
Bought by
Deborah D Spivey-Johnson
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
David & Elouise Davis Llc $32,000 Attorney
Rental Tbs-8 Llc $25,000 Etitle Agency Inc
Hudson Davis Holdings Llc -- None Available
Hudson Davis Properties Llc -- None Available
Davis Anthony E $21,800 None Available
Hud -- None Available
1St Trust Bank For Savings $82,198 None Available
Deborah D Spivey-Johnson $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed David & Elouise Davis Llc $16,000
Previous Owner Webb Timothy $12,346
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $31,000 -12.7% $39 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $35,500 -- $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 $1,321 $40,600 $0 $0
2024 $1,321 $34,300 $0 $0
2023 $1,282 $27,000 $0 $0
2022 $1,367 $22,100 $0 $0
2021 $1,330 $17,500 $0 $0
2020 $1,329 $16,100 $0 $0
2019 $1,309 $12,500 $0 $0
2018 $1,149 $11,800 $0 $0
2017 $228 $12,000 $0 $0
2016 $1,405 $14,600 $0 $0
2015 $1,460 $14,600 $0 $0
2013 $2,049 $20,492 $0 $0
2010 -- $30,044 $1,072 $28,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215100710

Realcomp

APN: 22-087485