NOT LISTED FOR SALE

18243 Ilene St Detroit, MI 48221

Schulze Neighborhood

Estimated Value: $144,000 - $181,000

3 Beds
1 Bath
1,635 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $48,000 $29 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $973/month

27 Days on Market

Highlights

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

About This Home

As of January 2019

Tenant occupied Investment Property! Nice area, rental rate of $750. Please DO NOT disturb tenants! All room sizes are estimated.
Home is shown upon accepted offer only!

Last Agent to Sell the Property

Al Lucy

Develop Detroit Realty & Construction Group License #700221 Listed on: 12/13/2018

Last Buyer's Agent

Al Davis

Detroit Investment Company License #RCO-6501331481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x117.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,635 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Schultes Academy Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I040609S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1940
  • 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: Finished
  • Sq Ft Combined: 2135
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1635
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: 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: 490000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X117.00
  • Parcel Number: W16I040609S

Tax Info

  • Tax Amount Summer: 981.0000
  • Tax Amount Winter: 126.0000
  • Total Tax: 1107.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Jan 24, 2019
Sold by
Ayhan Erkan
Bought by
Equity Trust Co and Scott D Swenson Ira
Seller's Agent
Al Lucy
Develop Detroit Realty & Construction Group
Buyer's Agent
Al Davis
Detroit Investment Company
List Price
$49,000
Sold Price
$48,000
Premium/Discount to List
-$1,000
-2.04%
Current Estimated Value
$156,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,762
Avg. Annual Appreciation
19.10%

Purchase Details

Closed on
Oct 31, 2013
Sold by
Reaves Lawanda and Sanders Rosie
Bought by
Ayhan Erkan

Purchase Details

Closed on
Oct 25, 2013
Sold by
N2 Funding & Investments Llc
Bought by
Reaves Lawanda and Sanders Rosie

Purchase Details

Closed on
May 23, 2013
Sold by
Reaves Lawanda and Sanders Rosie
Bought by
N2funding & Investments Llc

Purchase Details

Closed on
May 16, 2013
Sold by
Reaves Lawanda and Sanders Rosie
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 16, 2008
Sold by
Jeffries Patrick Phillip and Jeffries Patrick Mary
Bought by
Reaves Lawanda

Purchase Details

Closed on
Jul 5, 2006
Sold by
Calloway Maya
Bought by
Wells Fargo Bank Na and First Franklin Mortgage Loan Trust 2003-

Purchase Details

Closed on
Jul 31, 2003
Sold by
Kirk Wilson Erika S and Kirk Wilson Erika
Bought by
Calloway Maya
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
Equity Trust Co $48,000 Regions Title Agency Llc
Ayhan Erkan $24,000 Title Connect Llc
Reaves Lawanda -- Title Connect Llc
N2funding & Investments Llc $1,000 None Available
Bank Of America Na $15,750 None Available
Reaves Lawanda $85,000 Complete Title Services Of S
Wells Fargo Bank Na $107,795 None Available
Calloway Maya $99,500 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $48,000 -2.0% $29 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $49,000 -- $30 / 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 $1,807 $51,600 $0 $0
2024 $1,807 $44,300 $0 $0
2023 $1,755 $35,300 $0 $0
2022 $1,879 $29,100 $0 $0
2021 $1,825 $21,600 $0 $0
2020 $1,824 $17,900 $0 $0
2019 $1,582 $14,500 $0 $0
2018 $981 $12,600 $0 $0
2017 $252 $13,300 $0 $0
2016 $1,620 $20,700 $0 $0
2015 $2,290 $22,900 $0 $0
2013 $2,415 $24,150 $0 $0
2010 -- $35,408 $1,038 $34,370
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Al Lucy

    Develop Detroit Realty & Construction Group

    (313) 835-0500

    14 Total Sales

    Al Lucy
    Section Image

  • A

    Buyer's Agent in 2019

    Al Davis

    Detroit Investment Company

    (734) 757-5286

    1 in this area

    77 Total Sales

    Al Davis
    Section Image

  • A

    Buyer's Agent in 2019

    Alan Davis

    Detroit Investment Company

See All Agents

Map

Source: Realcomp

MLS Number: 218117755

Realcomp

APN: 16-040609

Michigan Wayne County Detroit 48221 Schulze

18243 Ilene St, Detroit, MI

This home is located at 18243 Ilene St, Detroit, MI 48221 since 13 December 2018 and is currently estimated at $156,762, approximately $95 per square foot. This property was built in 1940. 18243 Ilene 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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