NOT LISTED FOR SALE

2925 Lawrence St Detroit, MI 48206

Dexter-Linwood Neighborhood

Estimated Value: $58,000 - $94,734

3 Beds
2.5 Baths
1,884 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $60,000 $32 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $522/month

379 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Hot Water Heating System

About This Home

As of May 2024

National Real Estate Management Group is excited to announce your next investment opportunity. Located in the Dexter Linwood neighborhood of Detroit, this exquisite colonial style home includes three bedrooms and two full bathrooms. There is a spacious backyard area with a detached garage available for 2 vehicles. Located only a few minutes away from the Michigan Science Center and University of Detroit Mercy. This home has generated a monthly rental income of $1,000/month. Take advantage of this amazing rental investment opportunity! At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

Last Agent to Sell the Property

Connaé Pisani

NREMG Realty License #6502425134 Listed on: 05/02/2023

Last Buyer's Agent

Lisa Leapheart

License #6501422338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 127.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • J W Lathrups Lawrence & Collingwood Aves Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I003230S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1922
  • State Equalized Value: 17400.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1884
  • Total Sq Ft: 1884
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 127.00
  • Parcel Number: W12I003230S

Tax Info

  • Tax Amount Summer: 1074.0000
  • Tax Amount Winter: 129.0000
  • Total Tax: 1203.0000
  • Taxable Value: 13721.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
May 15, 2024
Sold by
Immo Go Detroit Llc
Bought by
Woodard Theadastus
Seller's Agent
Connaé Pisani
NREMG Realty
Buyer's Agent
Lisa Leapheart
List Price
$100,000
Sold Price
$60,000
Premium/Discount to List
-$40,000
-40%
Views
287
Current Estimated Value
$76,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,434
Avg. Annual Appreciation
7.51%

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jul 12, 2019
Sold by
Detroit 2L Properties Llc
Bought by
Immo Go Detroit Llc
Seller's Agent
Ricqwain Johnson
Reach Realty Group
Buyer's Agent
Kenneth Evans
Reach Realty Group
List Price
$40,000
Sold Price
$33,000
Premium/Discount to List
-$7,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 6, 2019
Sold by
Trutco Llc
Bought by
Detroit 21 Properties Llc
Seller's Agent
Ricqwain Johnson
Reach Realty Group
Buyer's Agent
Kenneth Evans
Reach Realty Group
List Price
$40,000
Sold Price
$33,000
Premium/Discount to List
-$7,000
-17.5%

Purchase Details

Listed on
Jun 28, 2018
Closed on
Sep 12, 2018
Sold by
The Estate Of Alvin D Peters
Bought by
Trutco Llc
Seller's Agent
Clyde Goodwin
Real Estate Pro
Buyer's Agent
Ricqwain Johnson
Reach Realty Group
List Price
$23,000
Sold Price
$23,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.97%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Bank Of America N A
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 23, 2011
Sold by
Wallington Yolanda G and Wallington Morris
Bought by
Bank Of America N A

Purchase Details

Closed on
Aug 8, 2006
Sold by
Wallington Yolanda S and Davis Yolanda S
Bought by
Wallington Morris T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,700
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
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
Woodard Theadastus $60,000 None Listed On Document
Immo Go Detroit Llc $63,500 First American Title
Detroit 21 Properties Llc $33,000 Tri County Title Agency Inc
Trutco Llc $23,000 Ata National Title Group Llc
Fannie Mae -- None Available
Bank Of America N A $77,235 None Available
Wallington Morris T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallington Yolanda G $9,700
Previous Owner Wallington Morris T $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $60,000 -20.0% $32 / Sq Ft
11/03/2023 11/03/23 Price Changed $74,999 -11.8% $40 / Sq Ft
08/16/2023 08/16/23 Price Changed $85,000 -15.0% $45 / Sq Ft
05/02/2023 05/02/23 For Sale $100,000 +203.0% $53 / Sq Ft
06/06/2019 06/06/19 Sold $33,000 -8.3% $21 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $36,000 -10.0% $23 / Sq Ft
04/04/2019 04/04/19 For Sale $40,000 +73.9% $25 / Sq Ft
09/14/2018 09/14/18 Sold $23,000 0.0% $14 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/02/2018 09/02/18 Off Market $23,000 -- --
08/27/2018 08/27/18 Price Changed $23,000 0.0% $14 / Sq Ft
08/27/2018 08/27/18 For Sale $23,000 -33.3% $14 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $34,500 +187.5% $22 / Sq Ft
10/12/2012 10/12/12 Sold $12,000 -13.7% $8 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
07/24/2012 07/24/12 For Sale $13,900 -- $9 / 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 $1,390 $32,600 $0 $0
2024 $1,390 $27,600 $0 $0
2023 $1,349 $22,100 $0 $0
2022 $1,439 $17,400 $0 $0
2021 $1,400 $14,200 $0 $0
2020 $1,399 $13,100 $0 $0
2019 $1,328 $12,300 $0 $0
2018 $881 $10,900 $0 $0
2017 $907 $11,100 $0 $0
2016 $1,349 $25,800 $0 $0
2015 $1,970 $19,700 $0 $0
2013 $2,192 $21,917 $0 $0
2010 -- $31,403 $1,008 $30,395
Source: Public Records

Agents Affiliated with this Home

  • Connaé Pisani

    Seller's Agent in 2024

    Connaé Pisani

    NREMG Realty

    (833) 466-7364

    1 in this area

    55 Total Sales

    Connaé Pisani
    Section Image

  • L

    Buyer's Agent in 2024

    Lisa Leapheart

    (216) 276-6944

    1 in this area

    21 Total Sales

    Lisa Leapheart
    Section Image
  • Ricqwain Johnson

    Seller's Agent in 2019

    Ricqwain Johnson

    Reach Realty Group

    (248) 395-6885

    3 in this area

    81 Total Sales

    Ricqwain Johnson
    Section Image
  • Kenneth Evans

    Buyer's Agent in 2019

    Kenneth Evans

    Reach Realty Group

    (313) 704-2892

    2 in this area

    82 Total Sales

    Kenneth Evans
    Section Image

  • C

    Seller's Agent in 2018

    Clyde Goodwin

    Real Estate Pro

    Section Image

  • P

    Seller's Agent in 2012

    Pamela Easley

    First Millennium Real Estate Inc

    Section Image
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Map

Source: Realcomp

MLS Number: 20230033206

Realcomp

APN: 12-003230

Michigan Wayne County Detroit 48206 Dexter-Linwood

2925 Lawrence St, Detroit, MI

This home is located at 2925 Lawrence St, Detroit, MI 48206 since 02 May 2023 and is currently estimated at $76,434, approximately $40 per square foot. This property was built in 1922. 2925 Lawrence St is a home located in Wayne County with nearby schools including Durfee 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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