NOT LISTED FOR SALE

18945 Steel St Detroit, MI 48235

Schulze Neighborhood

Estimated Value: $139,000 - $174,368

3 Beds
2.5 Baths
2,000 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $139,000 $70 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,046/month

52 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of November 2023

CALLING ALL INVESTORS - TENANT OCCUPIED**** Partially renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio. Current tenant pays $1050 per month lease, low maintenance, always pays on time and hassle-free lease is thru 4/30/2023. CURRENT RENT COMPS IN THIS AREA ARE APPROX $1500 A MONTH WHICH GIVES THIS PROPERTY A GREAT ROI factoring in yearly expenses including taxes and insurance less than $3500 for the year. Property is located in a quiet and well-maintained neighborhood. Showings will be limited based on tenant availability. Home was in contract and current deal fell thru due to financing.

Last Agent to Sell the Property

Bernard Shamow

EXP Realty Main License #6501406529 Listed on: 08/10/2023

EXP Realty Main

Last Buyer's Agent

Bernard Shamow

EXP Realty Main License #6501406529 Listed on: 08/10/2023

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 120.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,000 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Blackstone Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I022718S

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,034

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1938
  • State Equalized Value: 39800.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2000
  • Total Sq Ft: 2000
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 120.00
  • Parcel Number: W22I022718S

Tax Info

  • Tax Amount Summer: 2659.0000
  • Tax Amount Winter: 375.0000
  • Total Tax: 3034.0000
  • Taxable Value: 39800.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Nov 27, 2023
Sold by
Sturdy Wings Management Company
Bought by
Jones Wesley
Seller's Agent
Bernard Shamow
EXP Realty Main
Buyer's Agent
Bernard Shamow
EXP Realty Main
List Price
$139,000
Sold Price
$139,000
Views
86
Current Estimated Value
$161,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,491
Avg. Annual Appreciation
9.31%
Original Mortgage
$25,000
Outstanding Balance
$24,623
Interest Rate
7.44%
Estimated Equity
$137,219

Purchase Details

Closed on
Jul 12, 2021
Sold by
Phillips Blake
Bought by
Sturdy Wings Management Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2021
Sold by
Asset Protection Family Lp
Bought by
Phillips Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2008
Sold by
Kimber Ruby and Kimber Lionel
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 26, 2006
Sold by
Williams Martha
Bought by
Kimbe Lionel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
9%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jones Wesley $142,000 None Listed On Document
Sturdy Wings Management Company -- None Available
Phillips Blake $125,000 Servicelink Llc
Phillips Blake $125,000 Servicelink
Citimortgage Inc $28,933 None Available
Kimbe Lionel $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Wesley $25,000
Open Jones Wesley $130,900
Previous Owner Phillips Blake $112,500
Previous Owner Kimber Ruby $101,700
Previous Owner Kimber Lionel $89,600
Previous Owner Williams Martha L $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $139,000 0.0% $70 / Sq Ft
11/10/2023 11/10/23 Off Market $139,000 -- --
08/10/2023 08/10/23 For Sale $139,000 -- $70 / 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 $5,041 $73,200 $0 $0
2024 $5,041 $63,600 $0 $0
2023 $3,217 $50,600 $0 $0
2022 $3,719 $39,800 $0 $0
2021 $777 $26,600 $0 $0
2020 $1,016 $24,400 $0 $0
2019 $1,002 $19,200 $0 $0
2018 $887 $17,200 $0 $0
2017 $156 $18,200 $0 $0
2016 $966 $36,600 $0 $0
2015 $814 $36,600 $0 $0
2013 $789 $53,877 $0 $0
2010 -- $37,046 $973 $36,073
Source: Public Records

Agents Affiliated with this Home

  • Bernard Shamow

    Seller's Agent in 2023

    Bernard Shamow

    EXP Realty Main

    (248) 413-9003

    1 in this area

    287 Total Sales

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Map

Source: Realcomp

MLS Number: 20230066867

Realcomp

APN: 22-022718

Michigan Wayne County Detroit 48235 Schulze

18945 Steel St, Detroit, MI

This home is located at 18945 Steel St, Detroit, MI 48235 since 10 August 2023 and is currently estimated at $161,842, approximately $80 per square foot. This property was built in 1938. 18945 Steel 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.

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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