NOT LISTED FOR SALE

18320 Faust Ave Detroit, MI 48219

Evergreen-Outer Drive Neighborhood

Estimated Value: $74,000 - $112,000

3 Beds
1 Bath
825 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $12,200 $15 Per Sq Ft

Est. 631% increase in value since last sale

Current estimated payment $695/month

55 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 1-minute walk to Marx Playground
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of August 2013

3 bedroom, 1 bathroom aluminum bungalow. Must see!!!! Close to major freeways, shopping and entertainment.

Last Agent to Sell the Property

Darryl Sanders

Treasure Homes, Inc License #6501228332 Listed on: 05/29/2013

Last Buyer's Agent

David Bolling

Wayne Bolling Realty Group License #RCO-6501283500

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x137

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 825 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Emerson Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078767S

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1947
  • 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: Unfinished
  • Sq Ft Combined: 825
  • Total Sq Ft: 825

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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

  • List Price per Acre: 83846.0000
  • Lot Size Area: 0.13
  • Lot Dimensions: 40X137
  • Parcel Number: W22I078767S

Tax Info

  • Tax Amount Summer: 1966.0000
  • Tax Amount Winter: 1136.0000
  • Total Tax: 3102.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2022
Sold by
Det Opportunities 2 Lp
Bought by
Estelle Properties De Lp
Total Days on Market
55
Current Estimated Value
$89,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,262,000
Outstanding Balance
$3,130,640
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
-$3,037,816

Purchase Details

Closed on
Jul 21, 2021
Sold by
Detroit Residential Opp Fund I Llc
Bought by
Det Opportunities 2 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 14, 2013
Sold by
Fannie Mae
Bought by
Detroit Residential Opportunity Fund-1 L
Seller's Agent
Darryl Sanders
Treasure Homes, Inc
Buyer's Agent
David Bolling
Wayne Bolling Realty Group
List Price
$13,920
Sold Price
$12,200
Premium/Discount to List
-$1,720
-12.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.73%

Purchase Details

Closed on
Mar 19, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2013
Sold by
King Richard A
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

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Range of Values:

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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
Det Opportunities 2 Lp -- Title Connect Llc
Fannie Mae -- None Available
Jpmorgan Chase Bank National Association $57,849 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Det Opportunities 2 Lp $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2013 08/14/13 Sold $12,200 -12.4% $15 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $13,920 -- $17 / 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
2024 $2,335 $39,000 $0 $0
2023 $2,269 $30,700 $0 $0
2022 $2,434 $25,100 $0 $0
2021 $1,355 $19,900 $0 $0
2020 $1,355 $18,300 $0 $0
2019 $1,334 $14,200 $0 $0
2018 $1,169 $12,800 $0 $0
2017 $224 $13,100 $0 $0
2016 $1,283 $20,500 $0 $0
2015 $2,050 $20,500 $0 $0
2013 $2,096 $20,956 $0 $0
2010 -- $30,025 $1,136 $28,889
Source: Public Records

Agents Affiliated with this Home

  • Darryl Sanders

    Seller's Agent in 2013

    Darryl Sanders

    Treasure Homes, Inc

    (313) 477-4495

    2 in this area

    190 Total Sales

    Darryl Sanders
    Section Image

  • D

    Buyer's Agent in 2013

    David Bolling

    Wayne Bolling Realty Group

    (313) 334-8995

    24 Total Sales

    David Bolling
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 213051769

Realcomp

APN: 22-078767

Michigan Wayne County Detroit 48219 Evergreen-Outer Drive

18320 Faust Ave, Detroit, MI

This home is located at 18320 Faust Ave, Detroit, MI 48219 since 29 May 2013 and is currently estimated at $89,139, approximately $108 per square foot. This property was built in 1947. 18320 Faust Ave is a home located in Wayne County with nearby schools including Ralph W. Emerson Elementary-Middle School, 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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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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