NOT LISTED FOR SALE

18715 Schaefer Hwy Detroit, MI 48235

Schaefer 7-8 Lodge Neighborhood

Estimated Value: $107,000 - $170,497

6 Beds
2 Baths
2,316 Sq Ft
$63/Sq Ft Est. Value

About This Home

This home is located at 18715 Schaefer Hwy, Detroit, MI 48235 and is currently estimated at $146,374, approximately $63 per square foot. 18715 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Ericco Rentals I Llc
Bought by
Johnson Eric M
Current Estimated Value
$146,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$125,247
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$21,127

Purchase Details

Closed on
Feb 1, 2020
Sold by
Johnson Investment Group Prop Ii Llc
Bought by
Ericco Rentals I Llc

Purchase Details

Closed on
Mar 24, 2016
Sold by
Johnson Eric
Bought by
Johnson Investment Group Properties Ii L

Purchase Details

Closed on
Oct 5, 2012
Sold by
Johnson Andre B
Bought by
Johnson Eric

Purchase Details

Closed on
Sep 13, 2012
Sold by
Johnson Eric
Bought by
Johnson Andre B

Purchase Details

Closed on
Jul 21, 2010
Sold by
Murphy Frank
Bought by
Johnson Eric

Purchase Details

Closed on
Dec 20, 2006
Sold by
Norton Janice V and Norton Freeman D
Bought by
Jpmorgan Chase Bank and Structured Asset Securities Corp Mortgag

Purchase Details

Closed on
Dec 13, 2006
Sold by
Norton Janice V and Norton Freeman D
Bought by
Jpmorgan Chase Bank and Structured Asset Securities Corp Mortgag

Purchase Details

Closed on
Jan 25, 2003
Sold by
Norton Janice V and Ford Janice V
Bought by
Norton Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.94%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Johnson Eric M -- None Listed On Document
Johnson Eric M -- None Listed On Document
Ericco Rentals I Llc -- None Available
Johnson Investment Group Properties Ii L -- None Available
Johnson Eric -- None Available
Johnson Eric -- None Available
Johnson Andre B -- None Available
Johnson Eric $2,500 Stewart Title Guaranty Co
Jpmorgan Chase Bank $95,573 None Available
Jpmorgan Chase Bank $95,425 None Available
Norton Janice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Eric M $127,500
Closed Johnson Eric M $127,500
Previous Owner Norton Janice $90,000
Source: Public Records

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 $736 $100,500 $0 $0
2024 $736 $87,400 $0 $0
2023 $959 $69,800 $0 $0
2022 $1,009 $58,500 $0 $0
2021 $987 $40,200 $0 $0
2020 $987 $36,500 $0 $0
2019 $975 $28,300 $0 $0
2018 $879 $24,500 $0 $0
2017 $130 $22,900 $0 $0
2016 $945 $8,000 $0 $0
2015 $800 $8,000 $0 $0
2013 $997 $9,970 $0 $0
2010 -- $14,617 $978 $13,639
Source: Public Records

Map

Michigan Wayne County Detroit 48235 Schaefer 7-8 Lodge

18715 Schaefer Hwy, Detroit, MI

This home is located at 18715 Schaefer Hwy, Detroit, MI 48235 and is currently estimated at $146,374, approximately $63 per square foot. 18715 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.

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