NOT LISTED FOR SALE

Estimated Value: $58,000 - $375,000

4 Beds
1 Bath
1,560 Sq Ft
$183/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $235,000 $151 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,667/month

Highlights

  • Colonial Architecture
  • No HOA
  • 2-minute walk to Gordon Park
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of April 2023

This 4 Bedroom and 1 Bath lower flat is strategically located a few houses down from a great new coffee shop called The Congregation, directly adjacent to the Historic Boston Edison Community and just a few blocks from the South and North entrance of Lodge Freeway. Also, it is just a 10-minute drive downtown Detroit, 5-minute drive to midtown Detroit, 15-min drive to Ferndale, and 20-min to Royal Oak.

This is a newly remodeled home with refurbished hardwood floors, new windows, well-lit with natural light throughout the unit, and ample storage space and original built-ins throughout the home! Each bedroom has a spacious closet. The entire unit was painted neutral tones November 2022. The photos are prior to the paint job this November

The kitchen is newly renovated and features dark-stained cabinets, faux-granite countertops, and undermount sink with new flooring.

The Living room and dining area have original trim. The entire unit has the original hardwood floors.

At the back of the home is the 4th bedroom which can also be great for an office /sunroom.

The shared basement offers a spacious, dry and open area with utility sink and new paint. Also, washer and dryer are installed within the basement.

There is also an ample street parking and an enclosed backyard.

Last Agent to Rent the Property

Carlo Gobba

Logical Property Management License #700253 Listed on: 01/06/2023

Last Renter's Agent

Carlo Gobba

Logical Property Management License #RCO-700253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,481

Year Built

  • Built in 1916

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35x135

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Lewis Park Subdivision

Listing and Financial Details

  • Security Deposit $2,100
  • 12 Month Lease Term
  • Application Fee: 25.00
  • Assessor Parcel Number W08I002766S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,481

Year Built

Built in 1916

Lot Details

0

Rental Info

  • Application Fee: 25.00
  • Lease Type: Apartments, Single Family House
  • Security Deposit: 2100.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1916
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1560
  • Total Sq Ft: 1560
  • Sq Ft Total Bsmt: 1560

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 12727.2700
  • Lot Size Area: 0.11
  • Lot Dimensions: 35x135
  • Parcel Number: W08I002766S

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Dec 11, 2020
Sold by
Kapila Madhu
Bought by
Gilbert Ashley M
Seller's Agent
Ishma Best
PREP Realty
Buyer's Agent
Ishma Best
PREP Realty
Sold Price
$235,000
Current Estimated Value
$285,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,620
Avg. Annual Appreciation
4.32%
Original Mortgage
$230,743
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2018
Sold by
The Detroit Land Bank Authority
Bought by
Kapila Madhu

Purchase Details

Closed on
Oct 9, 2017
Sold by
Party City Lc
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Party City Lc
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
Gilbert Ashley M $242,000 First American Title
Kapila Madhu $55,300 None Available
Detroit Land Bank Authority -- None Available
Party City Lc $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Ashley M $10,156
Open Gilbert Ashley M $230,743
Previous Owner Gilbert Ashley M $230,743
Previous Owner Harlan Joseph L $64,800
Previous Owner Harlan Joseph L $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Rented $1,400 0.0% --
04/14/2023 04/14/23 Off Market $1,400 -- --
02/15/2023 02/15/23 For Rent $1,400 0.0% --
02/06/2023 02/06/23 Off Market $1,400 -- --
01/06/2023 01/06/23 For Rent $1,400 0.0% --
06/01/2021 06/01/21 Rented $1,400 0.0% --
05/15/2021 05/15/21 Under Contract -- -- --
04/28/2021 04/28/21 Price Changed $1,400 -6.6% $1 / Sq Ft
03/08/2021 03/08/21 Price Changed $1,499 -3.3% $1 / Sq Ft
02/04/2021 02/04/21 For Rent $1,550 0.0% --
01/29/2021 01/29/21 Sold $235,000 -- $75 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
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 $1,481 $152,800 $0 $0
2024 $1,481 $129,300 $0 $0
2023 $1,534 $105,600 $0 $0
2022 $1,651 $38,300 $0 $0
2021 $1,861 $16,100 $0 $0
2020 $1,579 $14,000 $0 $0
2019 $2,083 $19,700 $0 $0
2018 $1,511 $16,200 $0 $0
2017 $283 $14,900 $0 $0
2016 $2,182 $17,400 $0 $0
2015 $2,243 $24,300 $0 $0
2013 $2,173 $39,867 $0 $0
2010 -- $23,954 $959 $22,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230001295

Realcomp

APN: 08-002766