NOT LISTED FOR SALE

242 E Palmer St Detroit, MI 48202

Cultural Center Neighborhood

Estimated Value: $220,000 - $454,000

-- Bed
-- Bath
7,744 Sq Ft
$41/Sq Ft Est. Value

About This Home

This home is located at 242 E Palmer St, Detroit, MI 48202 and is currently estimated at $315,826, approximately $40 per square foot. 242 E Palmer St is a home located in Wayne County with nearby schools including Golightly Education Center, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Kemper Deborah L and Kemper Mark S
Bought by
Miranda Eliseo
Current Estimated Value
$315,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,277
Outstanding Balance
$170,878
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$164,839

Purchase Details

Closed on
Jun 14, 2013
Sold by
Gignac Richard B
Bought by
Kemper Deborah L and Kemper Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,277
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2012
Sold by
Gignac Richard B and Gignac Ann L
Bought by
R & A Palmer Properties Llc

Purchase Details

Closed on
Oct 12, 2007
Sold by
Lancaster Condominiums Llc
Bought by
Gignac Richard B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Miranda Eliseo $223,450 First American Title Ins Co
Kemper Deborah L $125,000 Fidelity National Title Co L
Kemper Deborah L -- None Available
R & A Palmer Properties Llc -- None Available
Gignac Richard B $130,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Eliseo $212,277
Previous Owner Kemper Deborah L $212,277
Source: Public Records

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 $509 $8,700 $0 $0
2024 $509 $8,700 $0 $0
2023 $520 $8,700 $0 $0
2022 $611 $8,700 $0 $0
2021 $611 $8,700 $0 $0
2020 $852 $8,700 $0 $0
2019 $471 $6,700 $0 $0
2018 $394 $6,700 $0 $0
2017 $127 $6,700 $0 $0
2016 $480 $81,900 $0 $0
2015 $270 $2,700 $0 $0
2013 $268 $2,683 $0 $0
2010 -- $2,683 $2,682 $1
Source: Public Records

Map

Michigan Wayne County Detroit 48202 Cultural Center

242 E Palmer St, Detroit, MI

This home is located at 242 E Palmer St, Detroit, MI 48202 and is currently estimated at $315,826, approximately $40 per square foot. 242 E Palmer St is a home located in Wayne County with nearby schools including Golightly Education Center, 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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