NOT LISTED FOR SALE

3050 Drexel St Detroit, MI 48215

Riverbend Neighborhood

Estimated Value: $65,000 - $116,000

0.07 Acre
$1,209,529 Price per Acre
3,049 Sq Ft Lot

Last Sold April 13, 2018

Last sale price $3,000

Est. 2,722% increase in value since last sale

Current estimated payment $453/month

104 Days on Market

About This Lot

As of April 2018

VACANT LAND, MOTIVATED SELLER, PRICED FOR AN IMMEDIATE SALE, ALL RESPECTABLE CASH $$ OFFERS WILL BE ENTERTAINED, PACKAGE DEAL AVAILABLE, TO INCLUDE SEVERAL OTHER PROPERTIES AND VACANT LOTS. ****SOLD AS IS**** ****SELLER TO CONVEY VIA WARRANTY DEED**** ****PLEASE CONTACT LISTING AGENT FOR ANY ADDITIONAL INFORMATION ON THE SUBJECT SALE.**** *****PURCHASER TO PAY A $1427.00 PROCESSING FEE TO LISTING BROKER. (B.A.T.V.A.I.)*****

Last Agent to Sell the Property

Nabil Bader

Powell Real Estate License #6501377703 Listed on: 12/29/2017

Last Buyer's Agent

Margaret Palmer

Renaissance Investment Co, Inc License #6501281386

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x106.86

Community Details

  • Jefferson & Mack Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I050557S

Property Details

Property Type

Land

Est. Annual Taxes

$17

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 200.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 30
  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 50000.0000
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X106.86
  • Parcel Number: W21I050557S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 15.0000
  • Tax Amount Winter: 2.0000
  • Total Tax: 17.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2017
Closed on
Apr 13, 2018
Sold by
Jones Roy
Bought by
Mc Johnson Llc
Seller's Agent
Nabil Bader
Powell Real Estate
Buyer's Agent
Margaret Palmer
Renaissance Investment Co, Inc
List Price
$3,500
Sold Price
$3,000
Premium/Discount to List
-$500
-14.29%
Current Estimated Value
$84,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,667
Avg. Annual Appreciation
54.58%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mc Johnson Llc $6,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $3,000 -14.3% --
04/12/2018 04/12/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $3,500 -77.0% --
04/14/2017 04/14/17 Sold $15,200 -13.1% --
10/10/2016 10/10/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $17,500 -- --
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 $30 $600 $0 $0
2024 $30 $400 $0 $0
2023 $31 $400 $0 $0
2022 $35 $400 $0 $0
2021 $35 $400 $0 $0
2020 $35 $400 $0 $0
2019 $35 $400 $0 $0
2018 $16 $400 $0 $0
2017 $4 $400 $0 $0
2016 $18 $200 $0 $0
2015 $20 $200 $0 $0
2013 $33 $334 $0 $0
2010 -- $388 $304 $84
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nabil Bader

    Powell Real Estate

    Section Image

  • M

    Buyer's Agent in 2018

    Margaret Palmer

    Renaissance Investment Co, Inc

    Section Image

  • L

    Seller's Agent in 2017

    Lance Paxton

    Keller Williams Realty Lakeside

    Section Image
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Map

Source: Realcomp

MLS Number: 217112316

Realcomp

APN: 21-050557

Michigan Wayne County Detroit 48215 Riverbend

3050 Drexel St, Detroit, MI

This home is located at 3050 Drexel St, Detroit, MI 48215 since 29 December 2017 and is currently estimated at $84,667. 3050 Drexel St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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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