NOT LISTED FOR SALE

20500 Faust Ave Detroit, MI 48219

O'Hair Park Neighborhood

Estimated Value: $98,000 - $153,000

3 Beds
1 Bath
1,067 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2016

Last sale price $23,500 $22 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $770 / mo

7 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2 Car Garage
  • No HOA

About This Home

As of July 2016

Beautiful brick ranch available at a steal of a price! Home is tenant occupied with a section 8 tenant paying $855/mo through August. As is sale. Buyer to pay for closing costs and cost of title policy. Seller to pay all back taxes and water. Do not disturb tenant. Viewings set after accepted offer.

Last Agent to Sell the Property

Jeanette Lucy

IQ Properties LLC License #6502409787 Listed on: 04/22/2016

Last Buyer's Agent

Jeanette Lucy

IQ Properties LLC License #6502409787 Listed on: 04/22/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 43.00x130.00

Parking

  • 2 Car Garage

Home Design

  • 1,067 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Southfield Gate Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078896C7

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 1067

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 176153.8462
  • Lot Size Area: 0.13
  • Lot Dimensions: 43.00X130.00
  • Parcel Number: W22I078896C7

Tax Info

  • Tax Amount Summer: 1810.0000
  • Tax Amount Winter: 135.0000
  • Total Tax: 1945.0000

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jul 14, 2016
Sold by
Bought by
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Jeanette Lucy
IQ Properties LLC
List Price
$22,900
Sold Price
$23,500
Premium/Discount to List
$600
2.62%
Current Estimated Value
$117,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,296
Avg. Annual Appreciation
17.70%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,300
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,300
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,300
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2002
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$23,500 Attorney
-- None Available
-- None Available
$45,350 None Available
$25,750 None Available
-- None Available
$26,500 Embassy Title Agency Inc
$99,427 None Available
$24,667 None Available
$124,000 Professional Real Estate Tit
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $37,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $23,500 +2.6% $22 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $22,900 -- $21 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,623 $48,200 $0 $0
2024 $1,602 $41,400 $0 $0
2023 $1,556 $33,100 $0 $0
2022 $1,663 $27,800 $0 $0
2021 $1,616 $22,300 $0 $0
2020 $1,616 $21,200 $0 $0
2019 $1,590 $16,900 $0 $0
2018 $1,387 $14,900 $0 $0
2017 $285 $15,000 $0 $0
2016 $1,752 $20,000 $0 $0
2015 $2,000 $20,000 $0 $0
2013 $2,808 $28,076 $0 $0
2010 -- $40,227 $1,246 $38,981
Source: Public Records

Agents Affiliated with this Home

  • Jeanette Lucy

    Seller's Agent in 2016

    Jeanette Lucy

    IQ Properties LLC

    (313) 333-5166

    1 in this area

    115 Total Sales

    Jeanette Lucy
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Map

Source: Realcomp

MLS Number: 216038002

Realcomp

APN: 22-0788967

Michigan Wayne County Detroit 48219 O'Hair Park

20500 Faust Ave, Detroit, MI

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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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