NOT LISTED FOR SALE

1941 Seward St Detroit, MI 48206

LaSalle Gardens Neighborhood

Estimated Value: $26,038 - $379,000

8 Beds
4 Baths
2,630 Sq Ft
$46/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $25,000 $10 Per Sq Ft

Est. 383% increase in value since last sale

Current estimated payment $632/month

72 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • 4-minute walk to Williams Recreation Center
  • Cass Technical High School Rated 10

About This Home

As of May 2024

Welcome to the latest offering from the Detroit Land Bank Authority. Come see this 4 unit multifamily dwelling in a sought after area near midtown just waiting for your redevelopment ideas. This property is in need of full rehab with fire damage on the inside. Please show with extreme caution. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

Last Agent to Sell the Property

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 10/04/2023

Real Estate One-Southfield

Co-Listed By

Patricia Phillips

Real Estate One-Southfield License #6506029243

Last Buyer's Agent

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 10/04/2023

Real Estate One-Southfield

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00 x 133.00

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,630 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • MC Gregors Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I001911S

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1917
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2630
  • Total Sq Ft: 2630
  • Sq Ft Total Bsmt: 1293

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 35.00 x 133.00
  • Parcel Number: W08I001911S
  • Zoning: Multi-Family

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Apr 29, 2024
Sold by
Detroit Land Bank Authority
Bought by
Completed Hardwood Floor And Refinishing Llc
Seller's Agent
Gene Kelley
Real Estate One-Southfield
Buyer's Agent
Gene Kelley
Real Estate One-Southfield
List Price
$25,000
Sold Price
$25,000
Views
116
Current Estimated Value
$120,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,760
Avg. Annual Appreciation
187.77%

Purchase Details

Closed on
Oct 8, 2020
Sold by
Salas Rigoberto
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Nov 8, 2018
Sold by
The Detroit Land Bank Authority
Bought by
Salas Rigoberto

Purchase Details

Closed on
Jan 12, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Aug 17, 2012
Sold by
Wayne County Treasurer
Bought by
Roberts Mark A

Purchase Details

Closed on
Oct 4, 2008
Sold by
Williams Clarence
Bought by
Gray Gwendolyn
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
Completed Hardwood Floor And Refinishing Llc $25,000 None Listed On Document
Detroit Land Bank Authority -- None Available
Salas Rigoberto $4,500 Title Source Inc
Detroit Land Bank Authority -- None Available
Roberts Mark A $600 None Available
Gray Gwendolyn -- None Available
Williams Clarence -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $25,000 0.0% $10 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $25,000 -- $10 / 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 -- $1,500 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $400 $0 $0
2017 $6 $300 $0 $0
2016 $808 $4,800 $0 $0
2015 $80 $800 $0 $0
2013 $745 $16,446 $0 $0
2010 -- $23,564 $793 $22,771
Source: Public Records

Agents Affiliated with this Home

  • Gene Kelley

    Seller's Agent in 2024

    Gene Kelley

    Real Estate One

    (248) 506-1257

    1 in this area

    131 Total Sales

    Gene Kelley
    Section Image
  • Patricia Phillips

    Seller Co-Listing Agent in 2024

    Patricia Phillips

    Real Estate One

    (313) 673-3774

    1 in this area

    85 Total Sales

    Patricia Phillips
    Section Image
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Map

Source: Realcomp

MLS Number: 20230082515

Realcomp

APN: 08-001911

Michigan Wayne County Detroit 48206 LaSalle Gardens

1941 Seward St, Detroit, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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