NOT LISTED FOR SALE

321 Belmont St Detroit, MI 48202

North End Neighborhood

Estimated Value: $176,000 - $342,000

4 Beds
2 Baths
2,320 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 24, 2012

Last sale price $9,000 $4 Per Sq Ft

Est. 2,657% increase in value since last sale

Current estimated payment $1,355/month

94 Days on Market

About This Home

As of December 2012

INVESTMENT SPECIAL; LOCATED CLOSE TO MIDTOWN. EXCELLENT OPPORTUNITY TO INCREASE INCOME. PROPERTY IN GOOD CONDITION. THIS IS A SHORT SALE BASED ON LENDER APPROVAL. BATVAI. BUYER TO PAY FOR CITY INSPECTION AND ORDER ACR. $895 SHORT SALE PROCESSING FEE DUE AT CLOSING. CONTACT LIST AGENT FOR SHOWINGS

Last Agent to Sell the Property

Earl Colbert

Front Page Properties License #6501244620 Listed on: 09/07/2012

Last Buyer's Agent

Earl Colbert

Front Page Properties License #6501244620 Listed on: 09/07/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35 x 125

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Units
  • Moore Hodges & Warrens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W01I003274S

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1914
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Sq Ft Combined: 2320
  • Total Sq Ft: 2320
  • Sq Ft Total Bsmt: 1144

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 75000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35 X 125
  • Parcel Number: W01I003274S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 800

Tax Info

  • Tax Amount Summer: 631.0000
  • Tax Amount Winter: 32.0000
  • Total Tax: 663.0000

Multi Family

  • Gross Scheduled Income: 9600.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2012
Closed on
Dec 24, 2012
Sold by
Graves Nathan and Graves Careta S
Bought by
Sanders Gregory
Seller's Agent
Earl Colbert
Front Page Properties
Buyer's Agent
Earl Colbert
Front Page Properties
List Price
$7,500
Sold Price
$9,000
Premium/Discount to List
$1,500
20%
Current Estimated Value
$248,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,125
Avg. Annual Appreciation
26.81%

Purchase Details

Closed on
May 28, 2002
Sold by
Sanders Rhonda
Bought by
Graves Nathan
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
Sanders Gregory $9,000 Title Connect Llc
Graves Nathan $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graves Nathan $85,500
Closed Graves Nathan --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2012 12/24/12 Sold $9,000 +20.0% $4 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $7,500 -- $3 / 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 $390 $100,800 $0 $0
2024 $390 $83,000 $0 $0
2023 $623 $60,500 $0 $0
2022 $646 $27,400 $0 $0
2021 $635 $20,800 $0 $0
2020 $635 $18,900 $0 $0
2019 $530 $13,900 $0 $0
2018 $586 $13,000 $0 $0
2017 $59 $12,800 $0 $0
2016 $617 $49,900 $0 $0
2015 $310 $3,100 $0 $0
2013 $321 $3,214 $0 $0
2010 -- $4,261 $666 $3,595
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Earl Colbert

    Front Page Properties

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Map

Source: Realcomp

MLS Number: 212092681

Realcomp

APN: 01-003274

Michigan Wayne County Detroit 48202 North End

321 Belmont St, Detroit, MI

This home is located at 321 Belmont St, Detroit, MI 48202 since 07 September 2012 and is currently estimated at $248,125, approximately $106 per square foot. This property was built in 1914. 321 Belmont St is a home located in Wayne County with nearby schools including Golightly Education Center, 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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