NOT LISTED FOR SALE

Estimated Value: $84,489 - $98,000

3 Beds
1.5 Baths
1,072 Sq Ft
$84/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $75,000 $70 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $661/month

168 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of March 2024

Discover a lucrative investment opportunity in the city of Detroit! This well maintained rental property offers a secure and steady income stream with a reliable tenant in place, paying $1,000/month. The lease is valid through 1/31/2024. What's more, this property is city certified as a rental until 6/18/2025, providing peace of mine and hassle free ownership. Don't miss out on this turnkey investment! Showings only considered with an accepted offer to preserve tenant's right to quiet enjoyment. Photos were taken prior to tenant moving in. DO NOT APPROACH OR DISTURB THE TENANT.

Last Agent to Sell the Property

Kathlene Mitchell

Star Valley Realty LLC License #6501386538 Listed on: 09/14/2023

Last Buyer's Agent

Al Davis

Detroit Investment Company License #RCO-6501331481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1944

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42.00 x 120.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,072 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Melin Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W13I008960S

Home Details

Home Type

Single Family

Est. Annual Taxes

$984

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1944
  • State Equalized Value: 19000.0000
  • Entry Location: Ground Level w/Steps
  • 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: Unfinished
  • Sq Ft Combined: 1072
  • Total Sq Ft: 1072
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • 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

  • Lot Size Area: 0.12
  • Lot Dimensions: 42.00 x 120.00
  • Parcel Number: W13I008960S

Tax Info

  • Tax Amount Summer: 884.0000
  • Tax Amount Winter: 100.0000
  • Total Tax: 984.0000
  • Taxable Value: 10599.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Jacobi Luke
Bought by
Anchor Property Holdings Llc
Current Estimated Value
$89,872

Purchase Details

Listed on
Sep 14, 2023
Closed on
Mar 28, 2024
Sold by
Home Partners Inc and 12 Bridges Inc
Bought by
Jakobi Luke
Seller's Agent
Kathlene Mitchell
Star Valley Realty LLC
Buyer's Agent
Al Davis
Detroit Investment Company
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%

Purchase Details

Closed on
Apr 13, 2022
Sold by
Luckyland Properties Llc
Bought by
Home Partners Llc

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 25, 2017
Sold by
Outer Drive 2063 Llc
Bought by
Luckyland Properties Llc
Seller's Agent
Jerry Thomas
National Realty Centers, Inc
Buyer's Agent
Jerry Thomas
National Realty Centers, Inc
List Price
$25,000
Sold Price
$27,800
Premium/Discount to List
$2,800
11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Closed on
Jun 18, 2012
Sold by
Asm Holdings Llc
Bought by
Outer Drive Llc

Purchase Details

Closed on
May 14, 2012
Sold by
2H9k5m Llc
Bought by
Asm Holdings Llc

Purchase Details

Closed on
Dec 20, 2010
Sold by
Ptfm Inc
Bought by
2H9k5m Llc

Purchase Details

Closed on
Oct 12, 2006
Sold by
Martino Lott Curtis A and Martino Wilson
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset

Purchase Details

Closed on
Jul 15, 2003
Sold by
Lott Curtis A
Bought by
Lott Curtis A
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
Anchor Property Holdings Llc -- None Listed On Document
Jakobi Luke $75,000 None Listed On Document
Jakobi Luke $75,000 None Listed On Document
Home Partners Llc $114,263 New Title Company Name
Home Partners Llc $114,263 New Title Company Name
Home Partners Llc $114,263 Dec Frank P
Luckyland Properties Llc $27,800 None Available
Outer Drive Llc $44,500 Complete Title Services Of S
Asm Holdings Llc $16,000 Complete Title Services Of S
2H9k5m Llc -- Parks
Deutsche Bank National Trust Co $106,027 None Available
Lott Curtis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luckyland Properties Llc $26,785
Previous Owner Ptfm Inc $0
Previous Owner Lott Curtis A $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $75,000 -6.1% $70 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $79,900 0.0% $75 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $79,900 0.0% $75 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $79,900 +187.4% $75 / Sq Ft
07/26/2017 07/26/17 Sold $27,800 +11.2% $26 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $25,000 -- $23 / 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 $2,109 $34,200 $0 $0
2024 $2,109 $29,300 $0 $0
2023 $2,049 $23,500 $0 $0
2022 $1,166 $19,000 $0 $0
2021 $1,136 $15,200 $0 $0
2020 $1,136 $13,100 $0 $0
2019 $1,119 $10,500 $0 $0
2018 $987 $9,700 $0 $0
2017 $127 $9,500 $0 $0
2016 $831 $27,600 $0 $0
2015 $662 $10,300 $0 $0
2013 $1,283 $12,827 $0 $0
2010 -- $18,806 $1,599 $17,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230077976

Realcomp

APN: 13-008960