Seller's Agent in 2021
Jonathan Fields
RE/MAX
(313) 304-8277
1 in this area
30 Total Sales
227 King St Detroit, MI 48202
North End NeighborhoodEstimated Value: $204,000 - $528,067
5
Beds
5.5
Baths
4,819
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- Victorian Architecture
- Awning
- Forced Air Heating System
- Cass Technical High School Rated 10
About This Home
As of July 2021Looking for a nice rental hold property? This is an investors dream renovation!! Located centrally between Boston Edison and Wayne State 1 block east of Woodward. This old Victorian was built in 1894 and still has much of the original wood molding in good condition. Architectural plans has already been completed and will be part of the sale. This property needs a complete rehab and does qualify for historic grant funding. Once completed it will be the best property in the area commanding top dollar.
Last Agent to Sell the Property
RE/MAX Eclipse License #6501397773 Listed on: 07/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1894
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 50x114
Home Design
- Victorian Architecture
- Block Foundation
- Asphalt Roof
- Chimney Cap
Interior Spaces
- 4,819 Sq Ft Home
- 3-Story Property
- Awning
- Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- On-Street Parking
- Unassigned Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number W01I002788S
Community Details
Overview
- 4 Units
- Jos R Mc Laughlins Subdivision
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2022
Sold by
227 King Investment Llc
Bought by
Ajagu Harry
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$48,124
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$288,893
Purchase Details
Listed on
Jul 8, 2021
Closed on
Jul 27, 2021
Sold by
Ark Group Mi Llc
Bought by
227 King Investment Llc
Seller's Agent
Jonathan Fields
RE/MAX Eclipse
Buyer's Agent
Heather Dell
RE/MAX Leading Edge
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.75%
Purchase Details
Closed on
Mar 31, 2017
Sold by
Ark Group Mi Llc
Bought by
Ark Group Mi Llc
Purchase Details
Closed on
Oct 26, 2016
Sold by
Sabree Eric R
Bought by
Irfan Muhammad and Ark Group Mi Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ajagu Harry | $471,240 | Speedy Title & Escrow Services | |
| 227 King Investment Llc | $125,000 | Fidelity Title | |
| 227 King Investment Llc | $125,000 | None Listed On Document | |
| Ark Group Mi Llc | -- | None Available | |
| Irfan Muhammad | $54,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ajagu Harry | $50,000 | |
| Open | Ajagu Harry | $504,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2021 07/27/21 | Sold | $125,000 | -3.1% | $26 / Sq Ft |
| 07/16/2021 07/16/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $129,000 | -- | $27 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $8,116 | $135,000 | $0 | $0 |
| 2024 | $8,116 | $146,700 | $0 | $0 |
| 2023 | $8,347 | $105,300 | $0 | $0 |
| 2022 | $1,049 | $64,100 | $0 | $0 |
| 2021 | $1,023 | $44,900 | $0 | $0 |
| 2020 | $1,022 | $42,300 | $0 | $0 |
| 2019 | $1,047 | $26,600 | $0 | $0 |
| 2018 | $1,026 | $22,000 | $0 | $0 |
| 2017 | $165 | $21,500 | $0 | $0 |
| 2016 | $1,110 | $47,800 | $0 | $0 |
| 2015 | $863 | $12,500 | $0 | $0 |
| 2013 | $836 | $14,824 | $0 | $0 |
| 2010 | -- | $19,658 | $920 | $18,738 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Heather Dell
RE/MAX of Southeast Michigan
(248) 464-1116
1 in this area
135 Total Sales
Map
Source: Realcomp
MLS Number: 2210053366
APN: 01-002788
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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