NOT LISTED FOR SALE

Estimated Value: $37,000 - $59,000

2 Beds
1 Bath
715 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $45,000 $63 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $356/month

14 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Porch
  • Ceiling Fan

About This Home

As of November 2023

Welcome to 1982 Louise Street! This charming 2 bedroom, 1 bathroom ranch is situated on a quiet and well maintained block just minutes from Martin Park and one mile from the University of Detroit Mercy, Historic Palmer Park, and the Avenue of Fashion.

This house fills with natural light throughout the day! Updates include (but not limited to) vinyl flooring in bedrooms, freshly painted walls, vinyl windows, kitchen tile backsplash with large island & cabinetry, new hot water heater, pex plumbing, updated electrical, ceramic flooring in living area and kitchen, new gutters.
** Purchase of this property includes two additional side lots-1970 Louise Street and 1976 Louise Street. Seller owns four adjacent side lots, two lots on each side of property. The remaining two side lots are not included in sale, but open to negotiation with purchase.
Close to major highways, the up-and-coming Bagley neighborhood, and the Woodward Corridor; just a 10 minute drive to Ferndale; 15 minute drive to Royal Oak and Downtown Detroit.
Perfect property for a first-time home buyer looking to add their own finishing touches or investor looking to add to their rental portfolio. Estimated monthly rental rate of $700-850. Surrounding areas are seeing strong community engagement and investment, making this property ideal for long-term ROI.
Property being SOLD AS-IS. BATVAI.

Last Agent to Sell the Property

Sarah Lesinski

RE/MAX Dream Properties License #6501447648 Listed on: 09/07/2023

RE/MAX Dream Properties

Last Buyer's Agent

Sarah Jane Lesinski

KW Metro License #RCO-6501447648

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922 | Remodeled in 2020

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 112.00

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 715 Sq Ft Home
  • Ceiling Fan
  • Free-Standing Electric Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Hamilton Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I005399S
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$395

Year Built

Built in 1922 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1922
  • State Equalized Value: 8300.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Free-Standing Electric Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 715
  • Total Sq Ft: 715
  • Sq Ft Total Bsmt: 715

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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

  • Homestead: Yes
  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 112.00
  • Parcel Number: W08I005399S

Tax Info

  • Tax Amount Summer: 342.0000
  • Tax Amount Winter: 53.0000
  • Total Tax: 395.0000
  • Taxable Value: 5619.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 15, 2023
Sold by
Adam Nidal
Bought by
Naser Hamad Khalafalla A
Seller's Agent
Sarah Lesinski
RE/MAX Dream Properties
Buyer's Agent
Sarah Lesinski
RE/MAX Dream Properties
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Views
27
Current Estimated Value
$49,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,525
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Sep 29, 2022
Sold by
Salma Adam
Bought by
Adam Nidal

Purchase Details

Closed on
Sep 5, 2019
Sold by
Detroit Land Bank
Bought by
Salma Adam

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority

Purchase Details

Closed on
Apr 3, 2010
Sold by
Neal Edward
Bought by
Garrett Faye
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
Naser Hamad Khalafalla A $45,000 None Listed On Document
Adam Nidal -- --
Salma Adam $3,100 None Available
Detroit Landbank Authority -- None Available
Garrett Faye $79,950 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $45,000 -10.0% $63 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $50,000 -9.1% $70 / Sq Ft
09/07/2023 09/07/23 For Sale $55,000 -- $77 / 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 $1,046 $16,900 $0 $0
2024 $1,046 $13,600 $0 $0
2023 $694 $10,165 $0 $0
2022 $731 $8,300 $0 $0
2021 $715 $5,440 $0 $0
2020 $727 $5,500 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $616 $0 $0 $0
2016 $240 $0 $0 $0
2015 $616 $0 $0 $0
2013 $616 $6,163 $0 $0
2010 -- $8,173 $559 $7,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230068662

Realcomp

APN: 08-005399