NOT LISTED FOR SALE

Estimated Value: $253,165 - $360,000

4 Beds
1.5 Baths
2,099 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $32,000 $15 Per Sq Ft

Est. 796% increase in value since last sale

Current estimated payment $1,730/month

63 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Ceiling Fan
  • Cass Technical High School Rated 10
  • Porch
  • 3-minute walk to Gordon Park

About This Home

As of December 2016

HUD HOME for Sale. This is a nice large home located in Boston Edison Historical District Area. that features 4 bedrooms,1.5 baths,living room w/fireplace,formal dining room,family room,hardwood floors. Need some repairs.

Last Agent to Sell the Property

Wendy Hopkins

Epic Realty Inc License #6502381115 Listed on: 08/11/2016

Last Buyer's Agent

Wendy Hopkins

Epic Realty Inc License #6502381115 Listed on: 08/11/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x135

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,099 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Joy Farm Sub Nez Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I002788S

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2099
  • Total Sq Ft: 2099
  • Sq Ft Total Bsmt: 1060

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 225000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x135
  • Parcel Number: W08I002788S

Tax Info

  • Tax Amount Summer: 1515.0000
  • Tax Amount Winter: 255.0000
  • Total Tax: 1770.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Drevf Ii Refinance Llc
Bought by
Detroit Real Estate Value Fund Ii Llc
Current Estimated Value
$286,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,000
Outstanding Balance
$1,161,109
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
-$871,318

Purchase Details

Closed on
Nov 26, 2019
Sold by
Detroit Real Estate Value Fund Ii Llc
Bought by
Drevf Ii Refinance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,058,375
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 11, 2016
Closed on
Dec 27, 2016
Sold by
Castro Julian
Bought by
Detroit Real Estate Value Fund Ii
Seller's Agent
Wendy Hopkins
Epic Realty Inc
Buyer's Agent
Wendy Hopkins
Epic Realty Inc
List Price
$27,000
Sold Price
$32,000
Premium/Discount to List
$5,000
18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.16%

Purchase Details

Closed on
Mar 28, 2014
Sold by
Everbank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 12, 2013
Sold by
Peterson Tracey A
Bought by
Everbank
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
Detroit Real Estate Value Fund Ii Llc -- Transnation Title
Drevf Ii Refinance Llc -- None Available
Detroit Real Estate Value Fund Ii -- None Available
Secretary Of Housing & Urban Development -- Attorney
Everbank $100,536 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detroit Real Estate Value Fund Ii Llc $1,165,000
Previous Owner Drevf Ii Refinance Llc $2,058,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $32,000 +18.5% $15 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $27,000 0.0% $13 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $27,000 -- $13 / 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 $1,919 $88,100 $0 $0
2024 $1,919 $94,900 $0 $0
2023 $1,261 $77,800 $0 $0
2022 $1,651 $62,500 $0 $0
2021 $1,367 $37,900 $0 $0
2020 $1,589 $31,900 $0 $0
2019 $1,564 $24,700 $0 $0
2018 $1,321 $20,100 $0 $0
2017 $21 $1,500 $0 $0
2016 $318 $25,400 $0 $0
2015 $110 $1,100 $0 $0
2013 $114 $1,141 $0 $0
2010 -- $1,141 $1,140 $1
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216080681

Realcomp

APN: 08-002788