NOT LISTED FOR SALE

17227 Munich St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $100,000 - $114,000

3 Beds
1.5 Baths
1,188 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $70,000 $59 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $789/month

73 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Covered Patio or Porch
  • Cass Technical High School Rated 10
  • No HOA
  • 1 Car Detached Garage

About This Home

As of July 2021

TURN KEY INVESTESTMENT WITH A SOLID TENANT RENTING AT $750.00 PER MONTH, LONG TERM TENANT, PROJECTED RENT MUCH HIGHER . BRICK RANCH FEATURING 3 BEDROOMS AND 1.5 BATH. GREAT LOCATION!! SELLER WILL REQUIRE AN OFFER PRIOR TO VIEWING THE PROPERTY TO RESPECT THE TENANTS PRIVACY RIGHTS AND COVID. RENT ROLLS WILL BE PROVIDED FROM PROPERTY MANAGER AND A COPY OF THE LEASE WITH AN ACCEPTABLE OFFER. BUYER'S AGENT TO VERIFY ALL INFO, ROOM MEASUREMENTS ARE APPROXIMATE.

Last Agent to Sell the Property

Tina Alfaro

Emmanuel Realty LLC License #6501312815 Listed on: 04/12/2021

Last Buyer's Agent

Anthony Bellanca

Golden Key Realty Group LLC License #6501370252

Golden Key Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00x107.00

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Columbia Freunds Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I002020S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,481

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1945
  • State Equalized Value: 15600.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1188
  • Total Sq Ft: 1188
  • Sq Ft Total Bsmt: 594

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 681818.1800
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X107.00
  • Parcel Number: W21I002020S

Tax Info

  • Tax Amount Summer: 1348.0000
  • Tax Amount Winter: 133.0000
  • Total Tax: 1481.0000
  • Taxable Value: 14028.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Searone Llc
Bought by
Detroit Revitaization Initiative Partnership
Current Estimated Value
$107,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jul 16, 2021
Sold by
Vapa Investments Llc
Bought by
Searone Llc
Seller's Agent
Tina Alfaro
Emmanuel Realty LLC
Buyer's Agent
Anthony Bellanca
Golden Key Realty Group LLC
List Price
$86,000
Sold Price
$70,000
Premium/Discount to List
-$16,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%

Purchase Details

Listed on
Feb 4, 2020
Closed on
Oct 21, 2020
Sold by
Detroit Land Holidings Corp
Bought by
Vapa Investments Llc
Seller's Agent
Tina Alfaro
Emmanuel Realty LLC
Buyer's Agent
Tina Alfaro
Emmanuel Realty LLC
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.80%

Purchase Details

Listed on
Feb 4, 2020
Closed on
Oct 6, 2020
Sold by
Ave Fenix 112 Llc
Bought by
Detroit Land Holdings Corp
Seller's Agent
Tina Alfaro
Emmanuel Realty LLC
Buyer's Agent
Tina Alfaro
Emmanuel Realty LLC
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Purchase Details

Listed on
May 3, 2019
Closed on
May 31, 2019
Sold by
Christy Llc
Bought by
Ave Fenix 112 Llc
Seller's Agent
John Costa
Jim Saros Real Estate Services
Buyer's Agent
Tina Alfaro
Emmanuel Realty LLC
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.99%
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
Detroit Revitaization Initiative Partnership $30,000 Embassy Title Agency
Searone Llc $70,000 Visionary Title Agency Llc
Vapa Investments Llc $64,000 Embassy Title Agency Inc
Detroit Land Holdings Corp $50,000 Michigan Title Ins Agcy Inc
Ave Fenix 112 Llc $35,000 Chirco Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Detroit Revitaization Initiative Partnership $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $70,000 -6.7% $59 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $75,000 -12.8% $63 / Sq Ft
04/12/2021 04/12/21 For Sale $86,000 +72.0% $72 / Sq Ft
10/07/2020 10/07/20 Sold $50,000 -16.7% $42 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $60,000 0.0% $51 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $60,000 -14.3% $51 / Sq Ft
02/04/2020 02/04/20 For Sale $70,000 +100.0% $59 / Sq Ft
05/31/2019 05/31/19 Sold $35,000 -12.3% $29 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $39,900 -- $34 / 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 $2,418 $49,900 $0 $0
2024 $2,418 $43,300 $0 $0
2023 $2,350 $32,200 $0 $0
2022 $2,521 $26,100 $0 $0
2021 $2,230 $20,500 $0 $0
2020 $1,505 $18,400 $0 $0
2019 $1,481 $15,600 $0 $0
2018 $1,295 $13,700 $0 $0
2017 $266 $14,000 $0 $0
2016 $1,566 $17,500 $0 $0
2015 $1,750 $17,500 $0 $0
2013 $1,536 $24,870 $0 $0
2010 -- $36,463 $825 $35,638
Source: Public Records

Agents Affiliated with this Home

  • Tina Alfaro

    Seller's Agent in 2021

    Tina Alfaro

    Emmanuel Realty LLC

    (586) 634-6228

    4 in this area

    143 Total Sales

    Tina Alfaro
    Section Image
  • Anthony Bellanca

    Buyer's Agent in 2021

    Anthony Bellanca

    Golden Key Realty Group LLC

    (586) 944-3636

    1 in this area

    51 Total Sales

    Anthony Bellanca
    Section Image

  • J

    Seller's Agent in 2019

    John Costa

    Jim Saros Real Estate Services

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210025124

Realcomp

APN: 21-002020

Michigan Wayne County Detroit 48224 Cornerstone Village

17227 Munich St, Detroit, MI

This home is located at 17227 Munich St, Detroit, MI 48224 since 12 April 2021 and is currently estimated at $107,766, approximately $90 per square foot. This property was built in 1945. 17227 Munich St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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