NOT LISTED FOR SALE

3112 E Lafayette St Unit 41 Detroit, MI 48207

Elmwood Park Neighborhood

Estimated Value: $80,000 - $133,000

2 Beds
1 Bath
850 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $40,100 $47 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $658/month

10 Days on Market

Highlights

  • End Unit
  • Cass Technical High School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of April 2016

HUD Home. 2 BEDROOM, 1 BATHROOM BRICK CONDO. MUST SEE!! LBP. Individual condominium unit, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to WWW.FloodSmart.gov for additional information regarding flood zones and insurance, IE-FHA 203B with Repair Escrow financing availability is subject to buyer's appraisal. This property has an HOA River Park Place. Fee and Frequency per appraisal.

Last Agent to Sell the Property

Anthony Cartwright

North American Real Estate LLC License #6501326988 Listed on: 03/08/2016

Last Buyer's Agent

Anthony Davis

North American Real Estate LLC License #RCO

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1969

Lot Details

  • End Unit

HOA Fees

  • $117 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Wayne County Planno 603P722 781 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W13I000451S005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$555

Year Built

Built in 1969

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 850
  • Total Sq Ft: 850
  • Sq Ft Total Bsmt: 425

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 117
  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W13I000451S005

Tax Info

  • Tax Amount Summer: 495.0000
  • Tax Amount Winter: 60.0000
  • Total Tax: 555.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 25, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Chavers Lequisha M
Seller's Agent
Anthony Cartwright
North American Real Estate LLC
Buyer's Agent
Anthony Davis
North American Real Estate LLC
List Price
$23,000
Sold Price
$40,100
Premium/Discount to List
$17,100
74.35%
Current Estimated Value
$96,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,309
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 16, 2014
Sold by
Farah Reem
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 9, 2002
Sold by
Maron Place Llc
Bought by
Farah Reem
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
Chavers Lequisha M -- Title Connect Llc
The Secretary Of Housing & Urban Develop -- Attorney
Wells Fargo Bank Na $21,750 None Available
Farah Reem -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $40,100 +74.3% $47 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $23,000 -- $27 / 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 $370 $22,200 $0 $0
2024 $370 $19,600 $0 $0
2023 $360 $16,000 $0 $0
2022 $971 $24,400 $0 $0
2021 $707 $22,700 $0 $0
2020 $707 $20,500 $0 $0
2019 $694 $13,500 $0 $0
2018 $589 $9,300 $0 $0
2017 $142 $7,500 $0 $0
2016 $800 $14,600 $0 $0
2015 $630 $6,300 $0 $0
2013 -- $6,648 $0 $0
2010 -- $9,747 $6,000 $3,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216021636

Realcomp

APN: 13-000451-005