$35,500
SOLD JAN 23, 2025
2 Beds
1 Bath
696 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

11% Below List Price

35 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 1 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2025

Investor Opportunity in Detroit! This income-producing property comes with a tenant already in place, providing immediate cash flow for investors. Recent updates include a brand-new furnace, updated electrical panel, meter box, and fresh interior paint, ensuring lower maintenance costs and added value. This home is a great addition to your investment portfolio. Don’t miss out—schedule your showing today and start generating returns on day one!

Last Agent to Sell the Property

Brandon Stevenson

National Realty Centers, Inc License #6501461578 Listed on: 12/18/2024

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 113.00

Parking

  • 1 Car Detached Garage

Home Design

  • 696 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Homelands Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I065557C8

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 250.00
  • Year Built: 1949
  • State Equalized Value: 21500.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 696
  • Total Sq Ft: 696
  • Sq Ft Total Bsmt: 696

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • 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 Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 113.00
  • Parcel Number: W22I065557C8

Tax Info

  • Tax Amount Summer: 871.0000
  • Tax Amount Winter: 74.0000
  • Total Tax: 945.0000
  • Taxable Value: 8239.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jan 23, 2025
Sold by
Flannel Michael
Bought by
Salmonberrylane Investments Llc
Seller's Agent
Brandon Stevenson
National Realty Centers, Inc
List Price
$40,000
Sold Price
$35,500
Premium/Discount to List
-$4,500
-11.25%
Views
28
Current Estimated Value
$38,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,614
Avg. Annual Appreciation
13.97%

Purchase Details

Listed on
May 21, 2024
Closed on
Oct 30, 2024
Sold by
Smith Tommie L and Smith Johnathan M
Bought by
Flannel Michael
Seller's Agent
Darralyn Bowers
Bowers Realty & Investments, Inc
Buyer's Agent
Shadana Bullock
Treasure Homes, Inc
List Price
$39,900
Sold Price
$22,500
Premium/Discount to List
-$17,400
-43.61%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
626.22%

Purchase Details

Closed on
Aug 16, 2011
Sold by
Smith Violet
Bought by
Smith Tommie and Smith Tommie L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $35,500 Vanguard Title
Warranty Deed $22,500 Etitle Agency
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $35,500 -11.3% $51 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $40,000 0.0% $57 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $40,000 +77.8% $57 / Sq Ft
10/30/2024 10/30/24 Sold $22,500 -24.7% $32 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $29,900 -25.1% $43 / Sq Ft
05/21/2024 05/21/24 For Sale $39,900 -- $57 / 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
2024 $871 $21,500 $0 $0
2023 $844 $17,000 $0 $0
2022 $893 $14,200 $0 $0
2021 $872 $11,200 $0 $0
2020 $907 $10,300 $0 $0
2019 $860 $8,400 $0 $0
2018 $767 $7,200 $0 $0
2017 $127 $6,700 $0 $0
2016 $1,058 $10,800 $0 $0
2015 $1,080 $10,800 $0 $0
2013 $1,100 $15,228 $0 $0
2010 -- $21,818 $808 $21,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240092799

Realcomp

APN: 22-0655578