NOT LISTED FOR SALE

20148 Binder St Detroit, MI 48234

Farwell Neighborhood

Estimated Value: $61,000 - $86,125

3 Beds
1.5 Baths
1,000 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $35,000 $35 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $494/month

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Attic Fan
  • Cass Technical High School Rated 10
  • Bungalow
  • 4-minute walk to Farwell Field

About This Home

As of March 2020

Well located rental on nice street. Short hop to E-W commute via 8 Mile. Large Master BR up with lots of built-ins & closets. Fenced yard. Large garage. Prospects must fill out application for each adult @$50. ea. Current credit report, employment/income docs, and POF required. Prior landlord reference. Pet & smoking fees if applicable. Must show minimum 1 year employment - less requires minimum 1 year at prior job plus letter from current employer stating wage & terms. Background check performed for each lessee. Confirmation of Utilities transfer to tenant required prior to move-in.

Last Agent to Rent the Property

Nick Anderson

Community Choice Realty Inc License #6501357474 Listed on: 02/17/2020

Community Choice Realty Inc

Last Renter's Agent

Nick Anderson

Community Choice Realty Inc License #6501357474 Listed on: 02/17/2020

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1948

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 42.00x97.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Interior Basement Entry
  • Attic Fan
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,200
  • Smoking Allowed
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number W13I021246S

Community Details

Overview

  • No Home Owners Association
  • Melin Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Single Family House
  • Rent Includes: Trash Collection (Garbage Pickup)
  • Security Deposit: 1200.00
  • Smoking Allowed: Yes

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1948
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK | Number Limit | Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Interior Entry (Interior Access)
  • Kitchen Appliances: Free-Standing Gas Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1700
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1000
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 8888.8889
  • Lot Size Area: 0.09
  • Lot Dimensions: 42.00X97.00
  • Parcel Number: W13I021246S

Multi Family

  • Length of Lease: 11 Months Or Less, 12 Months, 13-24 Months

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2019
Sold by
Gabhart Arthur
Bought by
Flergity Llc
Current Estimated Value
$69,905

Purchase Details

Listed on
Sep 18, 2019
Closed on
Oct 1, 2019
Sold by
Davis Sean
Bought by
Gabhart Arthur
Seller's Agent
Quin D'Amico
RE/MAX Showcase Homes
Buyer's Agent
Nick Anderson
Community Choice Realty Inc
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 11, 2019
Sold by
Re Cash Source Llc
Bought by
Davis Sean
Seller's Agent
Quin D'Amico
RE/MAX Showcase Homes
Buyer's Agent
Jay Alhashemy
Encore Realty
List Price
$30,000
Sold Price
$31,000
Premium/Discount to List
$1,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.23%

Purchase Details

Closed on
Apr 5, 2017
Sold by
Horizon Trust Co
Bought by
Re Cash Source Llc

Purchase Details

Closed on
Apr 3, 2014
Sold by
Rent Ready Llc
Bought by
Horizon Trust Company and Robert Waggoner Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,850
Interest Rate
4.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2014
Sold by
Strategy Properties Llc
Bought by
Rent Ready Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,850
Interest Rate
4.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2014
Sold by
A T Investment Corporation
Bought by
Strategy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,850
Interest Rate
4.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2002
Sold by
Stalling Nichole C
Bought by
Bank One
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
Flergity Llc -- None Available
Gabhart Arthur $35,000 Partners Title Agency Llc
Davis Sean $31,000 Liberty Title
Re Cash Source Llc -- None Available
Horizon Trust Company $53,700 None Available
Rent Ready Llc -- None Available
Strategy Properties Llc $16,000 None Available
Bank One $72,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horizon Trust Company $29,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Rented $800 0.0% --
03/01/2020 03/01/20 Under Contract -- -- --
02/17/2020 02/17/20 For Rent $800 0.0% --
10/01/2019 10/01/19 Sold $35,000 -12.5% $35 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $40,000 +29.0% $40 / Sq Ft
07/15/2019 07/15/19 Sold $31,000 +3.3% $31 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $30,000 -- $30 / 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 $1,346 $32,000 $0 $0
2024 $1,346 $27,500 $0 $0
2023 $1,307 $22,000 $0 $0
2022 $1,394 $18,400 $0 $0
2021 $1,380 $14,700 $0 $0
2020 $1,355 $12,600 $0 $0
2019 $1,028 $10,200 $0 $0
2018 $910 $8,700 $0 $0
2017 $161 $8,500 $0 $0
2016 $1,228 $24,400 $0 $0
2015 $1,300 $13,000 $0 $0
2013 $1,628 $16,283 $0 $0
2010 -- $23,873 $1,207 $22,666
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2020

    Nick Anderson

    Community Choice Realty Inc

    Section Image
  • Quin D'Amico

    Seller's Agent in 2019

    Quin D'Amico

    RE/MAX

    (248) 245-3458

    123 Total Sales

    Section Image
  • Jay Alhashemy

    Buyer's Agent in 2019

    Jay Alhashemy

    Encore Realty

    (248) 833-0078

    54 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2200012719

Realcomp

APN: 13-021246

Michigan Wayne County Detroit 48234 Farwell

20148 Binder St, Detroit, MI

This home is located at 20148 Binder St, Detroit, MI 48234 since 17 February 2020 and is currently priced at $75,281. This property was built in 1948. 20148 Binder St is a home located in Wayne County with nearby schools including Mason Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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