NOT LISTED FOR SALE

23725 Lexington Ave Eastpointe, MI 48021

Estimated Value: $118,000 - $135,000

2 Beds
1 Bath
1,104 Sq Ft
$115/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $38,000 $34 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $842/month

About This Home

As of December 2016

Super cute - must see it in person - 2 bedroom 1 bath vinyl sided bungalow with a beautiful privacy tree in the front and a great backyard. Nice size rooms offer great living space and the kitchen is ready for the cook in the family. Located on a quiet street on a solid block in a good neighborhood with super easy access to main streets and highways making getting around or downtown quickly a snap. Great starter home for those who are looking to enjoy this 2 bedroom, 1 bath home. This home has a great fenced in back yard. A large bungalow room upstairs. "From our family to yours, welcome home."

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Detroit Sfr Portfolio 1 Llc and Mdmi Sfr Portfolio 2 Llc
Bought by
Rjparian Mdmi Sfr Portfolio 3 Llc
Current Estimated Value
$127,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$9,991,339
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$9,863,961

Purchase Details

Closed on
Jun 11, 2019
Sold by
Djbr Group Llc
Bought by
Rp Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,814,200
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2017
Sold by
Djbr Llc
Bought by
Djbr Group Llc

Purchase Details

Closed on
Feb 10, 2017
Sold by
H & J Solutions Llc
Bought by
Djbr Llc

Purchase Details

Listed on
Sep 12, 2016
Closed on
Dec 6, 2016
Sold by
Tradewinds Developmeni Group Llc
Bought by
Ii & J Solutions Llc
Seller's Agent
Scott MacDonald
Tradewinds Development Group, LLC
Buyer's Agent
James Keefer
EXP Realty LLC
List Price
$54,900
Sold Price
$38,000
Premium/Discount to List
-$16,900
-30.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%

Purchase Details

Closed on
Aug 29, 2016
Sold by
Wilmington Trust National Assn
Bought by
Tradewinds Development Group Llc

Purchase Details

Closed on
Sep 11, 2015
Sold by
Szpont Brian G and Szpont Shannon M
Bought by
Wilmington Trust National Association and Citibank Na

Purchase Details

Closed on
Jul 30, 2014
Sold by
Szpont Shannon M
Bought by
Szpont Brian G
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rjparian Mdmi Sfr Portfolio 3 Llc -- None Listed On Document
Rp Borrower Llc -- None Available
Djbr Group Llc -- None Available
Djbr Llc -- None Available
Ii & J Solutions Llc $38,000 Leading Edge Title Agency
Tradewinds Development Group Llc $27,325 Premium Title Services Inc
Wilmington Trust National Association $58,334 Attorney
Szpont Brian G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rjparian Mdmi Sfr Portfolio 3 Llc $10,000,000
Previous Owner Rp Borrower Llc $4,550,000
Previous Owner Rp Borrower Llc $2,814,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Rented $1,250 0.0% --
05/28/2021 05/28/21 Under Contract -- -- --
04/12/2021 04/12/21 Price Changed $1,250 -7.4% $1 / Sq Ft
02/25/2021 02/25/21 For Rent $1,350 0.0% --
12/05/2016 12/05/16 Sold $38,000 -4.8% $34 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $39,900 -20.0% $36 / Sq Ft
10/03/2016 10/03/16 Price Changed $49,900 -9.1% $45 / Sq Ft
09/12/2016 09/12/16 For Sale $54,900 -- $50 / Sq Ft

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
2024 $4,124 $47,900 $0 $0
2023 $3,308 $42,800 $0 $0
2022 $2,037 $36,700 $0 $0
2021 $2,005 $32,700 $0 $0
2020 $1,932 $30,000 $0 $0
2019 $1,925 $26,400 $0 $0
2018 $1,967 $22,020 $0 $0
2017 $1,840 $19,680 $3,070 $16,610
2016 $1,327 $19,680 $0 $0
2015 $814 $17,790 $0 $0
2013 $888 $16,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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