NOT LISTED FOR SALE

2501 W Philadelphia St Detroit, MI 48206

Virginia Park Community Neighborhood

Estimated Value: $126,000 - $316,000

3 Beds
2.5 Baths
1,881 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $245,000 $130 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,470/month

55 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Detached Garage
  • Cass Technical High School Rated 10
  • Balcony
  • Porch

About This Home

As of November 2021

Beautiful all brick 3-bedroom colonial located in Detroit's desirable Virginia Park neighborhood. Minutes from New Center's lively business & cultural district! This home has been completely remodeled in 2021. Refinished hardwood floors throughout the entry level, spacious living room w/ bay window alcove, brick & tiled natural fireplace w/ original built-ins! Open concept dining & kitchen area features punchy Sputnik chandelier, dark granite countertops, black accents & finishes to contrast the bright & airy space. Home office w/ 3 walls of windows, a convenient mud room nook off kitchen & back door, & half bath w/ timeless white & black tile flooring. Primary bedroom has a huge walk-in closet complete w/ en-suite full bath playful mint colored vanity & subway tiled stand-up shower. 2nd level outdoor balcony overlooking backyard with 2 car garage. New mechanicals, newer roof, updated plumbing/electrical, exterior concrete replacement, all new windows with glass block in the basement.

Last Agent to Sell the Property

Lindsay Gorman

Nika & Co License #6501406255 Listed on: 08/26/2021

Last Buyer's Agent

Jim Hall

Michigan Realty Associates License #6501102950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921 | Remodeled in 2021

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x128.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,881 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Dorans La Salle Blvd Annex Subdivision

Listing and Financial Details

  • Assessor Parcel Number W10I001767S
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,020

Year Built

Built in 1921 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1921
  • State Equalized Value: 18300.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1881
  • Total Sq Ft: 1881
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 15
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X128.00
  • Parcel Number: W10I001767S

Tax Info

  • Tax Amount Summer: 936.0000
  • Tax Amount Winter: 84.0000
  • Total Tax: 1020.0000
  • Taxable Value: 8812.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 12, 2021
Sold by
Abi Investments Llc
Bought by
Rance David and Rance Tracle A
Seller's Agent
Lindsay Gorman
Nika & Co
Buyer's Agent
Jim Hall
Michigan Realty Associates
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%
Current Estimated Value
$246,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,962
Avg. Annual Appreciation
0.27%
Original Mortgage
$232,750
Outstanding Balance
$214,339
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$33,203

Purchase Details

Closed on
Dec 14, 2020
Sold by
Rpj Real Estate Llc
Bought by
Abi Investments Llc

Purchase Details

Closed on
Mar 20, 2020
Sold by
Jackson Darnell
Bought by
Rpj Real Estate Llc

Purchase Details

Closed on
Dec 19, 2002
Sold by
Garrett Ervin
Bought by
U S Bank

Purchase Details

Closed on
Dec 22, 2000
Sold by
Land Contract Equities I
Bought by
Garrett Ervin

Purchase Details

Closed on
May 23, 1994
Sold by
Est Sara H Clark
Bought by
Evelyn Ervin and Evelyn Garrett
Source: Public Records

Range of Values:

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Average Value
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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
Rance David $245,000 M S Title Agency Llc
Abi Investments Llc $52,000 None Available
Abi Investments Llc $52,000 Embassy Title Agency
Rpj Real Estate Llc $40,000 Ata National Title Group Llc
U S Bank $79,400 --
Garrett Ervin $30,000 --
Evelyn Ervin $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Range David $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $245,000 -3.5% $130 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $254,000 -1.9% $135 / Sq Ft
09/14/2021 09/14/21 Price Changed $259,000 -3.7% $138 / Sq Ft
08/26/2021 08/26/21 For Sale $269,000 -- $143 / 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 $1,528 $35,900 $0 $0
2024 $1,528 $29,600 $0 $0
2023 $1,483 $24,100 $0 $0
2022 $1,630 $19,800 $0 $0
2021 $1,576 $15,300 $0 $0
2020 $1,020 $18,300 $0 $0
2019 $1,005 $14,200 $0 $0
2018 $890 $11,300 $0 $0
2017 $157 $11,100 $0 $0
2016 $970 $26,000 $0 $0
2015 $860 $8,600 $0 $0
2013 $1,198 $11,984 $0 $0
2010 -- $17,171 $1,071 $16,100
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Gorman

    Seller's Agent in 2021

    Lindsay Gorman

    Nika & Co

    (313) 310-0042

    1 in this area

    146 Total Sales

    Lindsay Gorman
    Section Image
  • Jim Hall

    Buyer's Agent in 2021

    Jim Hall

    Michigan Realty Associates

    (313) 610-2929

    1 in this area

    52 Total Sales

    Jim Hall
    Section Image
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Map

Source: Realcomp

MLS Number: 2210070410

Realcomp

APN: 10-001767

Michigan Wayne County Detroit 48206 Virginia Park Community

2501 W Philadelphia St, Detroit, MI

This home is located at 2501 W Philadelphia St, Detroit, MI 48206 since 26 August 2021 and is currently estimated at $246,962, approximately $131 per square foot. This property was built in 1921. 2501 W Philadelphia St is a home located in Wayne County with nearby schools including Thirkell Elementary 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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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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