NOT LISTED FOR SALE

1736 Pearson St Detroit, MI 48220

Estimated Value: $371,000 - $551,301

0.21 Acre
$2,306,310 Price per Acre
9,148 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $74,000

Est. 554% increase in value since last sale

Current estimated payment $3,055/month

243 Days on Market

About This Lot

As of December 2020

Rare large corner lot in desirable Ferndale is ready for you to build your dream home.

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 03/23/2020

Good Company

Last Buyer's Agent

LeRoy Thornton

Pearl Real Estate License #RCO-6501388314

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50.00x125.00

Community Details

  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533176025

Property Details

Property Type

Land

Est. Annual Taxes

$1,257

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 23950.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 50
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 356666.6667
  • Lot Size Area: 0.21
  • Lot Dimensions: 50.00X125.00
  • Parcel Number: 2533176025
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1227.0000
  • Tax Amount Winter: 30.0000
  • Total Tax: 1257.0000
  • Taxable Value: 17430.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Dec 23, 2020
Sold by
Orb Homes Llc
Bought by
Willis Derrick and Willis Carrie
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
LeRoy Thornton
Pearl Real Estate
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%
Total Days on Market
243
Current Estimated Value
$484,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,325
Avg. Annual Appreciation
53.05%

Purchase Details

Closed on
Nov 4, 2004
Sold by
Royer James J and Royer Karly S
Bought by
D R B Homes Llc

Purchase Details

Closed on
Nov 16, 2001
Sold by
O'Brien Shawn
Bought by
Royer James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
7.14%

Purchase Details

Closed on
May 7, 1999
Sold by
Noffze & Neely Properties
Bought by
O'Brien Shawn

Purchase Details

Closed on
Feb 7, 1999
Sold by
Mathews Jeffrey S
Bought by
Noffze Neely Properties

Purchase Details

Closed on
Mar 2, 1998
Sold by
Noffze Donna K
Bought by
Noffze Neely Prop
Source: Public Records

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Range of Values:

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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
Willis Derrick $74,000 Parks Title
D R B Homes Llc $40,000 Title One Inc
Royer James J $71,500 --
Noffze & Neely Properties $33,000 --
O'Brien Shawn $70,000 --
Noffze Neely Properties -- --
Noffze Neely Prop -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Carrie $501,250
Previous Owner Noffze & Neely Properties $67,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $74,000 -1.2% --
11/21/2020 11/21/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $74,900 0.0% --
03/23/2020 03/23/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $74,900 -- --
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
2024 $14,705 $231,190 $0 $0
2023 $12,592 $199,500 $0 $0
2022 $2,908 $51,160 $0 $0
2021 $2,898 $39,980 $0 $0
2020 $1,247 $29,930 $0 $0
2019 $1,257 $23,950 $0 $0
2018 $1,255 $23,950 $0 $0
2017 $1,236 $21,790 $0 $0
2016 $1,226 $18,150 $0 $0
2015 -- $16,500 $0 $0
2014 -- $16,500 $0 $0
2011 -- $27,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200023748

Realcomp

APN: 25-33-176-025