1940 Chicago Blvd Detroit, MI 48206
Boston Edison NeighborhoodEstimated Value: $364,252 - $551,000
5
Beds
3
Baths
4,172
Sq Ft
$110/Sq Ft
Est. Value
About This Home
This home is located at 1940 Chicago Blvd, Detroit, MI 48206 and is currently estimated at $458,063, approximately $109 per square foot. 1940 Chicago Blvd is a home located in Wayne County with nearby schools including Durfee Elementary-Middle 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
Feb 29, 2016
Sold by
The Detroit Land Bank Authority
Bought by
Richardson Sean
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,319
Outstanding Balance
$50,502
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$407,561
Purchase Details
Closed on
Jul 16, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Purchase Details
Closed on
Apr 28, 2010
Sold by
Financial Freedom Acquisition Llc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 21, 2010
Sold by
Hawkins Lorene
Bought by
Financial Freedom Acquisition Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richardson Sean | $36,100 | None Available | |
| Detroit Land Bank Authority | $13,880 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Financial Freedom Acquisition Llc | $6,078 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richardson Sean | $116,319 |
Source: Public Records
Tax History Compared to Growth
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 | $2,548 | $131,300 | $0 | $0 |
| 2024 | $2,548 | $111,800 | $0 | $0 |
| 2023 | $2,474 | $102,900 | $0 | $0 |
| 2022 | $2,739 | $95,300 | $0 | $0 |
| 2021 | $2,662 | $72,900 | $0 | $0 |
| 2020 | $2,629 | $57,300 | $0 | $0 |
| 2019 | $2,585 | $46,800 | $0 | $0 |
| 2018 | $2,155 | $35,400 | $0 | $0 |
| 2017 | $605 | $31,900 | $0 | $0 |
| 2016 | $240 | $32,600 | $0 | $0 |
| 2015 | $5,706 | $0 | $0 | $0 |
| 2013 | $5,706 | $63,166 | $0 | $0 |
| 2010 | -- | $87,673 | $1,617 | $86,056 |
Source: Public Records
Map
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