$25,000
SOLD MAR 17, 2017
3 Beds
1 Bath
1,100 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$23 Per Sq Ft

34% Below List Price

118 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 5-minute walk to Fargo-Oakfield Playground
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of May 2024

TURN KEY INVESTMENT. SECTION 8 RENTER CURRENTLY IN THE HOME ON A 2 YEAR CONTRACT FOR $650.00 PER MONTH. GREAT OPPORTUNITY TO OWN THIS 3 BEDROOM BRICK BUNGALOW, FEATURING LIVING, FORMAL DINING ROOM, AND BASEMENT. GREAT STARTER HOME, CLOSE TO HIGHWAY AND ENTERTAINMENT VENUES.

Last Agent to Sell the Property

Tina Alfaro

Emmanuel Realty LLC License #6501312815 Listed on: 11/07/2016

Last Buyer's Agent

George Harabedian

Momentum Realty LLC License #RCO-6502424473

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947 | Remodeled in 1997

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 37.00x130.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Madison Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I065637S

Home Details

Home Type

Single Family

Year Built

Built in 1947 | Remodeled in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1947
  • Year Renovated: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1100
  • Total Sq Ft: 1100
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 37
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 245454.5455
  • Lot Size Area: 0.11
  • Lot Dimensions: 37.00X130.00
  • Parcel Number: W22I065637S

Tax Info

  • Tax Amount Summer: 1224.0000
  • Tax Amount Winter: 141.0000
  • Total Tax: 1365.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
May 24, 2024
Sold by
Bae Enterprises Llc
Bought by
Lanman Investment Ventures Llc
Seller's Agent
Omar Ghazzawi
Keller Williams Legacy
Buyer's Agent
Guy Gailliard
Realtyflo Inc
List Price
$114,900
Sold Price
$115,000
Premium/Discount to List
$100
0.09%
Views
20
Current Estimated Value
$95,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,673
Avg. Annual Appreciation
-13.94%
Original Mortgage
$92,000
Outstanding Balance
$90,924
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$4,538

Purchase Details

Listed on
Sep 20, 2023
Closed on
Feb 13, 2024
Sold by
Ethalyn Llc
Bought by
Bae Enterprises Llc
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Omar Ghazzawi
Keller Williams Legacy
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2361.85%

Purchase Details

Closed on
Apr 1, 2019
Sold by
Jb Invest Usa Llc
Bought by
Ethalyn Llc

Purchase Details

Closed on
Sep 25, 2017
Sold by
Bph Michagain Group Llc
Bought by
B & N Story Lc

Purchase Details

Listed on
Nov 7, 2016
Closed on
Mar 16, 2017
Sold by
Martko Tomasz Jan and Martko Tomasz
Bought by
Bph Michigan Group Llc
Seller's Agent
Tina Alfaro
Emmanuel Realty LLC
Buyer's Agent
George Harabedian
Momentum Realty LLC
List Price
$37,900
Sold Price
$25,000
Premium/Discount to List
-$12,900
-34.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.27%
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 $115,000 None Listed On Document
Warranty Deed $115,000 None Listed On Document
Warranty Deed $50,000 None Listed On Document
Warranty Deed $52,900 Embassy Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $25,000 Embassy Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,000 New Conventional
Closed $92,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $115,000 +0.1% $121 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $114,900 +129.8% $120 / Sq Ft
02/13/2024 02/13/24 Sold $50,000 -23.1% $52 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $65,000 +160.0% $68 / Sq Ft
03/17/2017 03/17/17 Sold $25,000 -7.4% $23 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
02/01/2017 02/01/17 Price Changed $27,000 -10.0% $25 / Sq Ft
11/28/2016 11/28/16 Price Changed $30,000 -11.8% $27 / Sq Ft
11/21/2016 11/21/16 Price Changed $34,000 -10.3% $31 / Sq Ft
11/07/2016 11/07/16 For Sale $37,900 -- $34 / 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 $1,450 $33,600 $0 $0
2024 $1,450 $30,100 $0 $0
2023 $1,408 $23,800 $0 $0
2022 $1,503 $18,900 $0 $0
2021 $1,462 $15,000 $0 $0
2020 $1,461 $13,800 $0 $0
2019 $1,231 $11,200 $0 $0
2018 $1,041 $10,400 $0 $0
2017 $184 $9,700 $0 $0
2016 $1,370 $14,900 $0 $0
2015 $1,490 $14,900 $0 $0
2013 $1,651 $20,957 $0 $0
2010 -- $30,027 $891 $29,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216107976

Realcomp

APN: 22-065637