NOT LISTED FOR SALE

18655 Schaefer Hwy Detroit, MI 48235

Schaefer 7-8 Lodge Neighborhood

Estimated Value: $52,000 - $123,000

2 Beds
1 Bath
948 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $13,000 $14 Per Sq Ft

Est. 608% increase in value since last sale

Current estimated payment $550/month

15 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • 2-minute walk to Dave Bing Park

About This Home

As of December 2013

Opportunity for a semi-custom all brick 1/2 duplex. Solid concrete drive, w/ 1.5 car garage. 2 bedrooms up and full basement divided. Hardwood flooring throughout. Updated kitchen and bath. Updated mechanical. Buyer to sign an ACR prior to closing. This is a FannieMae HomePath property.

Last Agent to Sell the Property

Robert LaBute

Real Estate Management Specialists Inc License #6502139311 Listed on: 11/19/2013

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x120
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 948 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Ramm & Cos Northwestern Hwy No 1 Amend Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I030518S
  • $476 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 948
  • Total Sq Ft: 948

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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: 140000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30X120
  • Parcel Number: W22I030518S

Tax Info

  • Tax Amount Summer: 699.0000
  • Tax Amount Winter: 185.0000
  • Total Tax: 884.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Dec 18, 2013
Sold by
Fannie Mae
Bought by
Howell Brian
Seller's Agent
Robert LaBute
Real Estate Management Specialists Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$11,200
Sold Price
$13,000
Premium/Discount to List
$1,800
16.07%
Current Estimated Value
$91,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,980
Avg. Annual Appreciation
17.78%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jan 31, 2013
Sold by
Caldwell Sonya M
Bought by
Bank Of America Na
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
Howell Brian $13,000 Attorneys Title Agency Llc
Fannie Mae -- None Available
Bank Of America Na $35,300 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2013 12/19/13 Sold $13,000 +16.1% $14 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $11,200 -- $12 / 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 $586 $50,200 $0 $0
2024 $586 $43,200 $0 $0
2023 $567 $34,500 $0 $0
2022 $594 $28,000 $0 $0
2021 $582 $19,300 $0 $0
2020 $582 $17,500 $0 $0
2019 $576 $13,600 $0 $0
2018 $525 $12,200 $0 $0
2017 $69 $11,400 $0 $0
2016 $660 $4,200 $0 $0
2015 $420 $4,200 $0 $0
2013 $525 $5,251 $0 $0
2010 -- $7,699 $667 $7,032
Source: Public Records

Agents Affiliated with this Home

  • Robert LaBute

    Seller's Agent in 2013

    Robert LaBute

    Real Estate Management Specialists Inc

    (313) 533-6300

    174 Total Sales

    Section Image

  • N

    Buyer's Agent in 2013

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2013

    Unidentified Agent

    Unidentified Office

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Map

Source: Realcomp

MLS Number: 213118501

Realcomp

APN: 22-030518

Michigan Wayne County Detroit 48235 Schaefer 7-8 Lodge

18655 Schaefer Hwy, Detroit, MI

This home is located at 18655 Schaefer Hwy, Detroit, MI 48235 since 19 November 2013 and is currently estimated at $87,901, approximately $92 per square foot. This property was built in 1948. 18655 Schaefer Hwy is a home located in Wayne County with nearby schools including Vernor Elementary 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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