NOT LISTED FOR SALE

242 E Palmer St Unit#6 Detroit, MI 48202

Cultural Center Neighborhood

Estimated Value: $251,000 - $416,000

2 Beds
1 Bath
1,000 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 242 E Palmer St Unit#6, Detroit, MI 48202 and is currently estimated at $304,193, approximately $304 per square foot. 242 E Palmer St Unit#6 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 13, 2023
Sold by
Sharma Regina M and Sharma Alok
Bought by
Walsh Siobhan
Current Estimated Value
$320,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$192,885
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$152,327

Purchase Details

Closed on
Jan 30, 2015
Sold by
Houle Denise
Bought by
Sharma Regina M and Sharma Alok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Walsh Siobhan $220,000 Ata National Title
Sharma Regina M $176,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Siobhan $195,000
Previous Owner Sharma Regina M $95,200
Previous Owner Sharma Regina M $132,000
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 $655 $8,700 $0 $0
2024 $655 $8,700 $0 $0
2023 $19 $8,700 $0 $0
2022 $22 $8,700 $0 $0
2021 $398 $142,600 $0 $0
2020 $444 $8,700 $0 $0
2019 $200 $6,700 $0 $0
2018 $164 $6,700 $0 $0
2017 $52 $6,700 $0 $0
2016 $431 $81,800 $0 $0
2015 $270 $2,700 $0 $0
2013 -- $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 Unit#6, Detroit, MI

This home is located at 242 E Palmer St Unit#6, Detroit, MI 48202 and is currently estimated at $304,193, approximately $304 per square foot. 242 E Palmer St Unit#6 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.

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