NOT LISTED FOR SALE

18226 Griggs St Detroit, MI 48221

Schulze Neighborhood

Estimated Value: $128,000 - $163,000

3 Beds
1 Bath
1,008 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $50,000 $50 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $971/month

35 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 1 Car Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of August 2015

Lambrecht Realty, LLC is pleased to present this turn-key investment opportunity, priced to provide a 15% annual return. The subject property is a 3 bedroom 1 bathroom bungalow that features, new mechanical systems and updated finishes. Moreover, the Property is tenant occupied at $875 per month. Home comes part of a package of 5 or can be bought individually. PLEASE DO NOT DIRECTLY CONTACT OWNER OR TENANT OR ANYONE AT THE SUBJECT PROPERTY. IGNORING THIS REQUIREMENT WILL DISQUALIFY ANY POTENTIAL PURCHASERS.

Last Agent to Sell the Property

Kofi Thomas

Temporary Inactive Users License #6501381139 Listed on: 06/30/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x117.00

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Schultes Academy Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I041248S

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access)
  • Sq Ft Combined: 2016
  • Sq Ft Lower Floor: 1008
  • Total Sq Ft: 1008
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • 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

  • Homestead: Yes
  • List Price per Acre: 409090.9091
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X117.00
  • Parcel Number: W16I041248S

Tax Info

  • Tax Amount Summer: 1553.0000
  • Tax Amount Winter: 227.0000
  • Total Tax: 1780.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2018
Sold by
Horizon Trust Company
Bought by
Bkl Global Solution
Current Estimated Value
$148,876

Purchase Details

Closed on
Nov 20, 2015
Sold by
Nbc Properties Llc
Bought by
Horizon Trust Company and Lisa Mueggenberg Ira

Purchase Details

Listed on
Jun 30, 2015
Closed on
Aug 6, 2015
Sold by
Silver Capital Group Llc
Bought by
Nbc Properties Llc
Seller's Agent
Kofi Thomas
Temporary Inactive Users
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$45,000
Sold Price
$50,000
Premium/Discount to List
$5,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$40,000
Interest Rate
4.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 21, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Howard Sterling and Silver Capital Group Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
Brazil Lillian
Bought by
Suggs Maude
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bkl Global Solution $38,000 None Available
Horizon Trust Company $64,880 Reputation First Title Agenc
Nbc Properties Llc $37,000 Reputation First Title
Howard Sterling $10,800 None Available
Suggs Maude -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nbc Properties Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold $50,000 +11.1% $50 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $45,000 -- $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 $1,925 $65,100 $0 $0
2024 $1,925 $56,500 $0 $0
2023 $1,871 $44,900 $0 $0
2022 $2,003 $39,000 $0 $0
2021 $1,945 $28,800 $0 $0
2020 $1,944 $23,700 $0 $0
2019 $1,913 $18,900 $0 $0
2018 $1,097 $16,600 $0 $0
2017 $207 $17,500 $0 $0
2016 $1,201 $26,900 $0 $0
2015 $1,625 $16,250 $0 $0
2013 $2,514 $25,137 $0 $0
2010 -- $36,854 $882 $35,972
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kofi Thomas

    Temporary Inactive Users

  • N

    Buyer's Agent in 2015

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2015

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 215068552

Realcomp

APN: 16-041248

Michigan Wayne County Detroit 48221 Schulze

18226 Griggs St, Detroit, MI

This home is located at 18226 Griggs St, Detroit, MI 48221 since 30 June 2015 and is currently estimated at $148,876, approximately $147 per square foot. This property was built in 1950. 18226 Griggs St is a home located in Wayne County with nearby schools including Schulze Academy for Technology and Arts, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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

Nearby Homes