NOT LISTED FOR SALE

23545 Kress St Detroit, MI 48219

Seven Mile-Rouge Neighborhood

Estimated Value: $80,802 - $127,000

3 Beds
1 Bath
1,020 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $38,000 $37 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $714/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of September 2018

INVESTOR SPECIAL!!! TURN-KEY PROPERTY. CLEAN 3 BEDROOM ALMOST 1,100 SQUARE FOOT BRICK RANCH. NEWER 100 AMP ELECTRICAL PANEL, NEWER FURNACE. GLASS BLOCK BASEMENT WINDOWS. TENANT OCCUPIED, SECTION 8 TENANT. VERY LOW TURNOVER RATE, TREMENDOUS ROI; INVESTORS CHECK OUT THIS CAPE RATE OVER 15%. TAXES HAVE BEEN APPEALED AND HAVE BEEN SIGNIFICANTLY LOWERED. NO SHOWINGS TILL OFFER ACCEPTED. WE DO NOT WANT TO DISTURB THE TENANT. TENANT PAYS ALL UTILITIES. BUYER TO PAY $495 TRANSACTION FEE TO LISTING OFFICE. BATVAI LEASE AGREEMENT, AND RENT ROLL ALL TO BE PROVIDED WITH ACCEPTED OFFER. SELLER ALSO HAS 8141 INDIANA, 8233 WARD, 8626 WARD, AND 18920 GLENHURST FOR SALE.

Last Agent to Sell the Property

Alex Saad

RE/MAX Team 2000 License #6501355792 Listed on: 09/09/2018

RE/MAX Team 2000

Last Buyer's Agent

Al Davis

Detroit Investment Company License #RCO-6501331481

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00x120.00

Home Design

  • 1,020 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Glenbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I015876S

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1020
  • Total Sq Ft: 1020
  • Sq Ft Total Bsmt: 1020

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 332500.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00X120.00
  • Parcel Number: W22I015876S

Tax Info

  • Tax Amount Summer: 944.0000
  • Tax Amount Winter: 85.0000
  • Total Tax: 1029.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2019
Sold by
Dethomes Llc
Bought by
Lfv Llc
Current Estimated Value
$109,101

Purchase Details

Listed on
Sep 9, 2018
Closed on
Sep 27, 2018
Sold by
Rah Inv Llc
Bought by
Dethomes Llc
Seller's Agent
Alex Saad
RE/MAX Team 2000
Buyer's Agent
Al Davis
Detroit Investment Company
List Price
$39,900
Sold Price
$38,000
Premium/Discount to List
-$1,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%

Purchase Details

Closed on
Apr 14, 2017
Sold by
Nw Inv 3 Llc
Bought by
Rah Inv Llc

Purchase Details

Closed on
May 23, 2012
Sold by
Lincoln Park Inv Llc
Bought by
Nw Inv 3 Llc

Purchase Details

Closed on
Nov 18, 2011
Sold by
Wojtowicz Raymond J
Bought by
Lincoln Park Inv Llc

Purchase Details

Closed on
Feb 2, 2007
Sold by
Chase Manhattan Bank Usa Na
Bought by
Citibank Na

Purchase Details

Closed on
Jan 24, 2007
Sold by
Tate Cheryl
Bought by
Chase Manhattan Bank Usa Na

Purchase Details

Closed on
Jan 27, 1998
Sold by
Sterling Bank & Trust F
Bought by
Tate Cheryl

Purchase Details

Closed on
Jul 29, 1994
Sold by
Hamm Benjamin H
Bought by
Mortgage Corp Of America
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
Lfv Llc $73,000 Regions Titleagency Llc
Dethomes Llc $38,000 Regions Title Agency Llc
Rah Inv Llc -- None Available
Nw Inv 3 Llc -- None Available
Lincoln Park Inv Llc $2,600 None Available
Citibank Na -- None Available
Chase Manhattan Bank Usa Na $93,648 None Available
Tate Cheryl $47,000 --
Mortgage Corp Of America $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $38,000 -4.8% $37 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/09/2018 09/09/18 For Sale $39,900 -- $39 / 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 $1,407 $35,000 $0 $0
2024 $1,407 $28,900 $0 $0
2023 $1,366 $23,200 $0 $0
2022 $1,458 $21,900 $0 $0
2021 $1,417 $13,500 $0 $0
2020 $1,417 $13,300 $0 $0
2019 $1,178 $10,600 $0 $0
2018 $971 $9,500 $0 $0
2017 $171 $9,000 $0 $0
2016 $1,182 $16,200 $0 $0
2015 $1,056 $16,200 $0 $0
2013 $2,273 $22,727 $0 $0
2010 -- $32,564 $1,173 $31,391
Source: Public Records

Agents Affiliated with this Home

  • Alex Saad

    Seller's Agent in 2018

    Alex Saad

    RE/MAX

    (313) 790-7222

    218 Total Sales

    Section Image

  • A

    Buyer's Agent in 2018

    Al Davis

    Detroit Investment Company

    (734) 757-5286

    79 Total Sales

    Section Image

  • A

    Buyer's Agent in 2018

    Alan Davis

    Detroit Investment Company

See All Agents

Map

Source: Realcomp

MLS Number: 218087936

Realcomp

APN: 22-015876

Michigan Wayne County Detroit 48219 Seven Mile-Rouge

23545 Kress St, Detroit, MI

This home is located at 23545 Kress St, Detroit, MI 48219 since 09 September 2018 and is currently estimated at $109,951, approximately $107 per square foot. This property was built in 1963. 23545 Kress St is a home located in Wayne County with nearby schools including Ralph W. Emerson Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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