NOT LISTED FOR SALE

3243 Tuxedo St Detroit, MI 48206

Dexter-Linwood Neighborhood

Estimated Value: $126,000 - $376,000

4 Beds
2 Baths
2,554 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $5,000 $2 Per Sq Ft

Est. 3,864% increase in value since last sale

Current estimated payment $1,050/month

72 Days on Market

Highlights

  • Colonial Architecture
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of June 2022

This brick 2 family home features 2 bedrooms and 1 bath per unit. It is part of a bundle of 4 homes(3262 Tuxedo, 3236 Tuxedo, 3200 Tuxedo)=Totaling $20,000. Not sold separately. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.’ BATVAI

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 02/19/2021

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 02/19/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34.00x125.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,554 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W12I003514S

Community Details

Overview

  • 2 Units
  • Tuxedo Addition Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2554
  • Total Sq Ft: 2554
  • Sq Ft Total Bsmt: 1277

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 34
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 50000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 34.00X125.00
  • Parcel Number: W12I003514S
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
May 2, 2022
Sold by
Detroit Land Bank Authority
Bought by
Kpg Rentals & Properties Llc
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
List Price
$5,000
Sold Price
$5,000
Current Estimated Value
$198,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,211
Avg. Annual Appreciation
202.95%

Purchase Details

Closed on
Jul 16, 2014
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Feb 7, 2013
Sold by
Wayne County Treasurer
Bought by
Planning & Development Dept City Of Detr

Purchase Details

Closed on
May 30, 2007
Sold by
Hopkins James
Bought by
Deutsche Bank National Trust Co and Equifirst Mortgage Loan Trust 2004-3 Ass
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
Kpg Rentals & Properties Llc $20,000 None Listed On Document
The Detroit Land Bank Authority -- None Available
Planning & Development Dept City Of Detr -- None Available
Deutsche Bank National Trust Co $44,595 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Sold $5,000 0.0% $2 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $5,000 -- $2 / 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 -- $22,900 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $1,980 $0 $0 $0
2019 $1,980 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $340 $0 $0 $0
2015 $1,674 $0 $0 $0
2013 $1,674 $16,739 $0 $0
2010 -- $23,984 $874 $23,110
Source: Public Records

Agents Affiliated with this Home

  • Leonard Pickett

    Seller's Agent in 2022

    Leonard Pickett

    RCH Brokerage Legacy Inc

    (313) 510-7887

    8 in this area

    174 Total Sales

    Leonard Pickett
    Section Image
  • Clarence Wilson

    Seller Co-Listing Agent in 2022

    Clarence Wilson

    RCH Brokerage Legacy Inc

    (313) 467-0009

    9 in this area

    228 Total Sales

    Clarence Wilson
    Section Image
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Map

Source: Realcomp

MLS Number: 2210010617

Realcomp

APN: 12-003514

Michigan Wayne County Detroit 48206 Dexter-Linwood

3243 Tuxedo St, Detroit, MI

This home is located at 3243 Tuxedo St, Detroit, MI 48206 since 19 February 2021 and is currently estimated at $198,211, approximately $77 per square foot. This property was built in 1924. 3243 Tuxedo 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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