NOT LISTED FOR SALE

Estimated Value: $65,000 - $123,000

3 Beds
1 Bath
1,168 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $2,120 $2 Per Sq Ft

Est. 4,350% increase in value since last sale

Current estimated payment $513/month

134 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow
  • 2-minute walk to Simmons Park

About This Home

As of November 2012

HUD Home. Price Reduced. This bungalow needs love and a lot of TLC, but it is priced for the right buyer. Please contact Royce Kennedy Realty or the real estate agent of your choice for more details. Price Reduced. LBP.

Last Agent to Sell the Property

Marcus Smith

Royce Kennedy Realty License #6502360874 Listed on: 05/15/2012

Last Buyer's Agent

Marcus Twyman

Team LBR License #RCO-6501358454

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 131.1

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,168 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Palmeadow No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I110714S

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1168
  • Total Sq Ft: 1168

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 17667.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 X 131.1
  • Parcel Number: W22I110714S

Tax Info

  • Tax Amount Summer: 1215.0000
  • Tax Amount Winter: 177.0000
  • Total Tax: 1392.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2018
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Current Estimated Value
$94,333

Purchase Details

Listed on
May 15, 2012
Closed on
Nov 13, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Wiley Eric
Seller's Agent
Marcus Smith
Royce Kennedy Realty
Buyer's Agent
Marcus Twyman
Team LBR
List Price
$5,300
Sold Price
$2,120
Premium/Discount to List
-$3,180
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.18%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 22, 2011
Sold by
Jones Damon
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 7, 2004
Sold by
Weary Stephanie Y
Bought by
Jones Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,341
Interest Rate
5.48%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1995
Sold by
Galloway Audrey and Galloway Curtis
Bought by
Audrey Galloway and Curtis Garrett
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
Detroit Land Bank Authority -- None Available
Wiley Eric $2,120 None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $83,536 None Available
Jones Damon $84,000 First American Title
Audrey Galloway $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Damon $15,851
Previous Owner Jones Damon $83,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $2,120 -60.0% $2 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $5,300 -- $5 / 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 -- $0 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2019 $71 $800 $0 $0
2018 $814 $7,500 $0 $0
2017 $138 $7,300 $0 $0
2016 $1,290 $13,900 $0 $0
2015 $1,390 $13,900 $0 $0
2013 $1,734 $17,335 $0 $0
2010 -- $919 $918 $1
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212049984

Realcomp

APN: 22-110714