1951 Lawrence St Detroit, MI 48206
Dexter-Linwood NeighborhoodEstimated Value: $50,000 - $60,000
4
Beds
1.5
Baths
1,946
Sq Ft
$29/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Hot Water Heating System
- Cass Technical High School Rated 10
- 2 Car Detached Garage
About This Home
As of February 2024Welcome to this promising property with 4 bedrooms and 1.5 bathrooms, presenting a great investment opportunity for savvy investors. Calling all investors to explore the potential of this home, which is being sold as is. The property features a basement, offering additional space for customization and functionality. Picture cozy evenings with a fireplace in the living room, adding warmth and charm to this residence. Whether you're looking to enhance and resell or seeking a rental opportunity, this property provides a solid foundation for a profitable real estate investment. Don't miss out on the chance to make your mark in the market with this versatile and appealing property!
Last Agent to Sell the Property
Keller Williams Realty-Great Lakes License #6501370326 Listed on: 11/16/2023
Last Buyer's Agent
Joseph Hammel
License #6501422602
Home Details
Home Type
- Single Family
Year Built
- Built in 1921
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 38.00 x 122.00
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 1,946 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Location
- Ground Level
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Clements & Oakmans Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number W08I003321S
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2023
Closed on
Dec 29, 2023
Sold by
Sfr3-040 Llc
Bought by
Betcher Christopher
Seller's Agent
Erika Baker
Keller Williams Realty-Great Lakes
Buyer's Agent
Joseph Hammel
List Price
$35,000
Sold Price
$47,000
Premium/Discount to List
$12,000
34.29%
Total Days on Market
47
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,782
Avg. Annual Appreciation
14.08%
Purchase Details
Listed on
Oct 1, 2021
Closed on
Nov 10, 2021
Sold by
Roosevelt Capital Fund Llc
Bought by
Sfr3 040 Llc
Seller's Agent
Lynn Kassotis
Luke Investments R E
Buyer's Agent
Lynn Kassotis
Luke Investments R E
List Price
$54,900
Sold Price
$54,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.64%
Purchase Details
Closed on
Aug 26, 2021
Sold by
Cobbs Willie C and Us Bank Trust Na
Bought by
Roosevelt Capital Fund Llc
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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 |
|---|---|---|---|
| Betcher Christopher | $47,000 | None Listed On Document | |
| Betcher Christopher | $47,000 | None Listed On Document | |
| Sfr3 040 Llc | $74,000 | Visionary Title Agency Llc | |
| Roosevelt Capital Fund Llc | $20,001 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cobbs Willie C | $172,500 | |
| Previous Owner | Cobbs Willie C | $77,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $47,000 | +34.3% | $24 / Sq Ft |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 11/16/2023 11/16/23 | For Sale | $35,000 | -36.2% | $18 / Sq Ft |
| 11/10/2021 11/10/21 | Sold | $54,900 | 0.0% | $28 / Sq Ft |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- |
| 10/01/2021 10/01/21 | For Sale | $54,900 | -- | $28 / Sq Ft |
Source: Realcomp
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 |
|---|---|---|---|---|
| 2024 | $1,990 | $23,100 | $0 | $0 |
| 2023 | $1,461 | $18,500 | $0 | $0 |
| 2022 | $1,053 | $15,100 | $0 | $0 |
| 2021 | $991 | $12,300 | $0 | $0 |
| 2020 | $981 | $11,400 | $0 | $0 |
| 2019 | $967 | $10,800 | $0 | $0 |
| 2018 | $834 | $10,100 | $0 | $0 |
| 2017 | $220 | $11,600 | $0 | $0 |
| 2016 | $1,365 | $25,300 | $0 | $0 |
| 2015 | $1,585 | $16,900 | $0 | $0 |
| 2013 | $1,535 | $23,485 | $0 | $0 |
| 2010 | -- | $39,194 | $891 | $38,303 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Baker
Seller's Agent in 2024
Erika Baker
Keller Williams Realty-Great Lakes
(248) 929-4493
1 in this area
513 Total Sales
-
J
Buyer's Agent in 2024
Joseph Hammel
-
L
Seller's Agent in 2021
Lynn Kassotis
Luke Investments R E
(313) 338-3222
1 in this area
26 Total Sales
Map
Source: Realcomp
MLS Number: 20230097252
APN: 08-003321
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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