NOT LISTED FOR SALE

Estimated Value: $50,000 - $125,015

3 Beds
1 Bath
1,432 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $38,000 $27 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $626/month

112 Days on Market

Highlights

  • 0.33 Acre Lot
  • Colonial Architecture
  • No HOA
  • Cass Technical High School Rated 10
  • Deck
  • 2-minute walk to Van Antwerp Park

About This Home

As of July 2023

***INVESTORS*** This 3 bedroom, 1 bathroom bungalow is one of the best deals available in 48221! The property would be a perfect fix-n-flip with comparable sales in the $110-130K range or it would also make a high-quality addition to your rental portfolio and will generate rents in the $1,100-1,250/month range! The property does require some updating, but it also features updated vinyl siding, vinyl replacement windows, some updated plumbing and electrical, and hardwood floors in a significant amount of the property. The kitchen is extremely spacious and could be a great focal point for a flip project. The property is walking distance from the Avenue of Fashion, which now features numerous boutiques, restaurants, and shopping, as well as a widened street-scape! Finally, the property is located in the Livernois-McNichols Strategic Neighborhood Fund area, which has seen tens of millions of public and private investment, with more to come!

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 10/30/2022

RE/MAX Leading Edge

Co-Listed By

Dunia Berry

RE/MAX Leading Edge License #6501444242

Last Buyer's Agent

Dennis Rutowski

Imagine Home Realty License #RCO-6501401889

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 75.00 x 194.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,432 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level

Community Details

  • No Home Owners Association
  • Garden Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I027694S

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1924
  • State Equalized Value: 23100.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 143939.3900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Cable Available, Furnished - No
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1432

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Deck
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.33
  • Lot Dimensions: 75.00 x 194.00
  • Parcel Number: W16I027694S

Tax Info

  • Tax Amount Summer: 1364.0000
  • Tax Amount Winter: 169.0000
  • Total Tax: 1533.0000
  • Taxable Value: 18490.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2022
Closed on
Jul 21, 2023
Sold by
Valdes Efrain and Martinez Sergio
Bought by
Hayes Roger and Lackaff Sally
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Dennis Rutowski
Imagine Home Realty
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%
Views
74
Current Estimated Value
$100,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,004
Avg. Annual Appreciation
50.17%

Purchase Details

Closed on
Oct 11, 2016
Sold by
Sabree Eric R
Bought by
Valdes Efrain and Martinez Sergio

Purchase Details

Closed on
Mar 24, 2000
Sold by
Carter Elmer L
Bought by
Tresa Carter

Purchase Details

Closed on
Aug 5, 1994
Sold by
Myers Barton T
Bought by
Tresa E Carter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hayes Roger $38,000 None Listed On Document
Hayes Roger $38,000 None Listed On Document
Valdes Efrain $20,000 None Available
Tresa Carter -- --
Tresa E Carter $14,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $38,000 -20.0% $27 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
12/10/2022 12/10/22 Price Changed $47,500 -4.8% $33 / Sq Ft
10/30/2022 10/30/22 For Sale $49,900 -- $35 / 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 $3,730 $55,400 $0 $0
2024 $3,730 $46,200 $0 $0
2023 $1,735 $35,900 $0 $0
2022 $1,856 $23,100 $0 $0
2021 $1,803 $17,900 $0 $0
2020 $1,806 $17,700 $0 $0
2019 $1,137 $14,600 $0 $0
2018 $973 $12,600 $0 $0
2017 $231 $12,200 $0 $0
2016 $1,185 $22,100 $0 $0
2015 $1,331 $21,600 $0 $0
2013 $1,289 $30,311 $0 $0
2010 -- $40,197 $1,228 $38,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221056439

Realcomp

APN: 16-027694