NOT LISTED FOR SALE

Estimated Value: $116,000 - $171,000

5 Beds
1.5 Baths
1,425 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $60,000 $42 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,037/month

115 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Bungalow
  • Cass Technical High School Rated 10
  • 1 Car Attached Garage
  • 2-minute walk to Diack Park

About This Home

As of October 2020

Check out this fixer upper bungalow tucked just out side of the Bagley neighborhood and near lots of small retail and dining options you are looking at the hidden gem of the block. With its original fire place, parquet wood flooring, retro paneling in the basement and the second bathroom in the basement you bring the creativity this house will bring the possibilities. Sold via warranty deed with a clear title no back taxes or water dues. Buyer to pay $395 processing fee to listing broker. As-is sale. Buyer responsible for city inspections or requirements, if any exist. Land Contract terms available at $75,000.00 purchase price, $30,000.00 down payment, 8% interest, $900.00/month, term is negotiable. Call to schedule

Last Agent to Sell the Property

Derek Lievens

Market Elite Inc License #6501393040 Listed on: 07/02/2020

Last Buyer's Agent

Al Bazzy

Expert Business Brokers License #6502431262

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43.00x129.00

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Benjamin F Mortensons Mor Tencrest No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I031764S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,181

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • State Equalized Value: 15400.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1825
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1425
  • Sq Ft Total Bsmt: 1400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 43
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 604166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 43.00X129.00
  • Parcel Number: W22I031764S

Rental Info

  • Deposit Amount: 25000.00

Tax Info

  • Tax Amount Summer: 1035.0000
  • Tax Amount Winter: 146.0000
  • Total Tax: 1181.0000
  • Taxable Value: 15400.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Strategy Properties Llc
Bought by
Magana Javier
Current Estimated Value
$147,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$91,134
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$51,414

Purchase Details

Closed on
Jan 21, 2021
Sold by
Bazzy Al and Jhj Investment Properties Llc
Bought by
Strategy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
2.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 8, 2021
Sold by
Law Jacob and Tpibv Llc
Bought by
Jhj Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
2.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 2, 2020
Closed on
Oct 30, 2020
Sold by
D With Holdings Llc
Bought by
Tfhsp Llc
Seller's Agent
Derek Lievens
Market Elite Inc
Buyer's Agent
Al Bazzy
Expert Business Brokers
List Price
$649,000
Sold Price
$60,000
Premium/Discount to List
-$589,000
-90.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%

Purchase Details

Closed on
Jun 26, 2020
Sold by
D With W Holdings Llc
Bought by
Tpibv Llc

Purchase Details

Closed on
Jun 24, 2020
Sold by
D With W Holding Llc
Bought by
Tpibv Llc

Purchase Details

Closed on
May 31, 2019
Sold by
Frye Antonie
Bought by
Miles Hunt Ivory

Purchase Details

Closed on
Oct 11, 2018
Sold by
Frye Mildred
Bought by
D With M Holdings Llc
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
Magana Javier $125,000 Fidelity National Title
Strategy Properties Llc -- None Available
Jhj Investment Properties Llc -- Red Carpet Title Agency Llc
Tfhsp Llc -- Red Carpet Title Agency Llc
Jhj Investments Properties Llc $60,000 Red Carpet Title Agency Llc
Tpibv Llc $200 None Available
Tpibv Llc $200 None Listed On Document
Miles Hunt Ivory $8,000 None Available
D With M Holdings Llc $14,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magana Javier $100,000
Previous Owner Strategy Properties Llc $67,000
Previous Owner Frye Mildred $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $60,000 -17.2% $42 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $72,500 -88.8% $51 / Sq Ft
07/02/2020 07/02/20 For Sale $649,000 -- $455 / 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 $2,833 $57,200 $0 $0
2024 $2,833 $48,700 $0 $0
2023 $2,754 $38,700 $0 $0
2022 $2,959 $31,100 $0 $0
2021 $2,157 $23,100 $0 $0
2020 $1,957 $19,400 $0 $0
2019 $1,323 $15,400 $0 $0
2018 $991 $13,900 $0 $0
2017 $237 $12,500 $0 $0
2016 $1,330 $18,100 $0 $0
2015 $1,810 $18,100 $0 $0
2013 $2,305 $26,554 $0 $0
2010 -- $38,932 $1,099 $37,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200050358

Realcomp

APN: 22-031764