NOT LISTED FOR SALE

Estimated Value: $88,000 - $132,000

3 Beds
1 Bath
1,294 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $16,000 $12 Per Sq Ft

Est. 615% increase in value since last sale

Current estimated payment $732/month

42 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 3-minute walk to Peterson Playfield
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of June 2016

Fantastic opportunity in this brick bungalow. As is sale. Home is tenant occupied and needs to be evicted. Great brick home in Detroit. Buyer to pay for closing costs and title policy. Please call to schedule showing.

Last Agent to Sell the Property

Jeanette Lucy

IQ Properties LLC License #6502409787 Listed on: 04/07/2016

Last Buyer's Agent

Bill Hamie

RE/MAX Team 2000 License #RCO-6502354085

RE/MAX Team 2000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x128.50

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,294 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Inglewood Park No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I046363S

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1294
  • Total Sq Ft: 1294
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 157500.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X128.50
  • Parcel Number: W22I046363S

Tax Info

  • Tax Amount Summer: 1269.0000
  • Tax Amount Winter: 147.0000
  • Total Tax: 1416.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jun 16, 2016
Sold by
Insiders Cash Llc
Bought by
Red S 18440 Llc
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Bill Hamie
RE/MAX Team 2000
List Price
$22,900
Sold Price
$16,000
Premium/Discount to List
-$6,900
-30.13%
Current Estimated Value
$114,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,474
Avg. Annual Appreciation
24.05%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Equity Trust Company
Bought by
Insiders Cash Llc

Purchase Details

Closed on
Jan 9, 2013
Sold by
Mvp Enterprises Michigan Llc
Bought by
Max Ultra Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,980
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2012
Sold by
Max Ultra Llc
Bought by
Equity Trust Company and Bruce Hilt Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,980
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2012
Sold by
Pif Llc
Bought by
Mvp Enterprises Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Wynn Holdings Llc
Bought by
Pif Llc

Purchase Details

Closed on
Mar 19, 2008
Sold by
Jackson Leslie
Bought by
Us Bank Na and Csfb Mortgage Pass Through Certificates
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
Red S 18440 Llc $16,000 Attorney
Insiders Cash Llc $40,655 Attorney
Max Ultra Llc $33,500 None Available
Equity Trust Company $43,000 None Available
Mvp Enterprises Michigan Llc -- None Available
Pif Llc $29,000 Embassy Title Agency
Wynn Holdings Llc -- Embassy Title Agency
Us Bank Na $21,928 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equity Trust Company $34,980
Previous Owner Pif Llc $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $16,000 -15.3% $12 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
04/23/2016 04/23/16 Price Changed $18,900 -17.5% $15 / Sq Ft
04/07/2016 04/07/16 For Sale $22,900 -- $18 / 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 $1,314 $51,300 $0 $0
2024 $1,314 $43,600 $0 $0
2023 $1,275 $34,600 $0 $0
2022 $619 $29,300 $0 $0
2021 $1,322 $21,700 $0 $0
2020 $1,322 $18,200 $0 $0
2019 $1,302 $12,000 $0 $0
2018 $1,199 $13,600 $0 $0
2017 $231 $12,200 $0 $0
2016 $1,228 $13,100 $0 $0
2015 $1,310 $13,100 $0 $0
2013 $1,931 $19,310 $0 $0
2010 -- $28,311 $999 $27,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216032239

Realcomp

APN: 22-046363