NOT LISTED FOR SALE

Estimated Value: $409,985 - $1,409,000

1 Bed
1 Bath
4,000 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $287,500 $72 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $4,533/month

22 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Historic Home
  • Cass Technical High School Rated 10
  • Covered Patio or Porch
  • 3-minute walk to John R. Watson Park

About This Home

As of October 2017

Amazing Redevelopment Opportunity in Detroit's Historic Brush Park Neighborhood. Walking distance to the Lions, Tigers, Redwings and Pistons as well as the Q-line. This property requires a full rehab., interior inspection will be granted to upon acceptance of offer.

This property is owned by the Detroit Land Bank, Sale is subject to approved development agreement.

Offers will be reviewed beginning 2/23/17.

Last Agent to Sell the Property

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221 Listed on: 02/02/2017

Last Buyer's Agent

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221 Listed on: 02/02/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $848

Year Built

  • Built in 1911

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00x150.00
  • Historic Home

Home Design

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

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Brush Sub Of Pt Of Pk Lots 15 16 & 17 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W01I000779S

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$848

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Historic, Victorian
  • Architecture Level: 2 Story
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 4000
  • Total Sq Ft: 4000
  • Sq Ft Total Bsmt: 2500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 50
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1617647.0588
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X150.00
  • Parcel Number: W01I000779S

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Oct 23, 2017
Sold by
The Detroit Land Bank Authority
Bought by
Brush Park Erskine Llc
Seller's Agent
Bill Swanson
O'Connor Realty Detroit, LLC
Buyer's Agent
Bill Swanson
O'Connor Realty
List Price
$275,000
Sold Price
$287,500
Premium/Discount to List
$12,500
4.55%
Current Estimated Value
$825,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,746
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Dec 22, 2015
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Nov 18, 2014
Sold by
Farver Family Investments Llc
Bought by
Brush Parkk Village North Llc

Purchase Details

Closed on
Oct 22, 2010
Sold by
Wojtowicz Raymond J
Bought by
Planning & Development Dept City Of Detr

Purchase Details

Closed on
Aug 1, 2006
Sold by
City Of Detroit
Bought by
Kappa Detroit Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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
Brush Park Erskine Llc -- None Available
The Detroit Land Bank Authority -- None Available
Brush Parkk Village North Llc -- None Available
Planning & Development Dept City Of Detr $37,108 None Available
Kappa Detroit Foundation -- None Available
Brush Park Village North Llc -- Metropolitan Title Company
Endeavor Development Llc -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brush Park Erskine Llc $1,300,000
Previous Owner Brush Park Village North Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $287,500 +4.5% $72 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $275,000 -- $69 / 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 $848 $74,900 $0 $0
2024 $848 $74,900 $0 $0
2023 $825 $74,900 $0 $0
2022 $893 $74,900 $0 $0
2021 $1,504 $117,000 $0 $0
2020 $1,503 $114,100 $0 $0
2019 $1,482 $102,200 $0 $0
2018 $1,310 $12,600 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 $7,005 $0 $0 $0
2013 $7,005 $0 $0 $0
2010 -- $99,753 $11,250 $88,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217007856

Realcomp

APN: 01-000779