NOT LISTED FOR SALE

3305 W 8 Mile Rd Detroit, MI 48221

Green Acres Neighborhood

Estimated Value: $196,000 - $256,000

3 Beds
2 Baths
1,084 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $172,000 $159 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,565/month

108 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of July 2022

Handsome Green Acres bungalow! Nicely rehabbed 3 bedroom boasts open floor plan on entry level. New roof, new mechanicals, new vinyl windows!
Beautifully updated kitchen and baths. Partially finished basement with full bath. Corner lot with backyard. Superbly located near Avenue of Fashion, Woodward Corridor, Downtown Ferndale. Last deal fell through because the Buyer was denied financing.

Last Agent to Sell the Property

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 02/24/2022

Co-Listed By

Alex Lauer

Clyde Realty LLC License #6501387117

Last Buyer's Agent

Justin Johnson

River Shore Realty, LLC License #RCO-6501364163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x100.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,084 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Woodward Subdivision

Listing and Financial Details

  • Assessor Parcel Number W02I006197S

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,045

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1949
  • State Equalized Value: 49500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1334
  • Sq Ft Lower Floor: 250
  • Total Sq Ft: 1084
  • Sq Ft Total Bsmt: 350

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X100.00
  • Parcel Number: W02I006197S

Tax Info

  • Tax Amount Summer: 1804.0000
  • Tax Amount Winter: 241.0000
  • Total Tax: 2045.0000
  • Taxable Value: 25723.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Jul 29, 2022
Sold by
Nathaniel Smith Jr
Bought by
Barnes Shanetta L
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
Justin Johnson
River Shore Realty, LLC
List Price
$185,000
Sold Price
$172,000
Premium/Discount to List
-$13,000
-7.03%
Current Estimated Value
$226,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,172
Avg. Annual Appreciation
9.46%
Original Mortgage
$168,884
Outstanding Balance
$161,913
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$64,259

Purchase Details

Closed on
Mar 15, 2014
Sold by
Wright Solutions Inc
Bought by
Booker Ericka

Purchase Details

Closed on
Feb 20, 2012
Sold by
Wright Solutions
Bought by
Booker Ericka

Purchase Details

Closed on
Nov 22, 2011
Sold by
Wayne County Treasurer
Bought by
Wright Solutions
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
Barnes Shanetta L $172,000 --
Barnes Shanetta L $172,000 Speedy Title & Escrow Services
Booker Ericka $25,000 None Available
Booker Ericka $25,000 None Available
Wright Solutions $4,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Shanetta L $168,884
Closed Barnes Shanetta L $10,000
Closed Barnes Shanetta L $168,884
Previous Owner B2b Capital Funding Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $172,000 -4.4% $159 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $179,900 -2.8% $166 / Sq Ft
05/23/2022 05/23/22 For Sale $185,000 0.0% $171 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $185,000 -- $171 / 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 $3,995 $86,100 $0 $0
2024 $3,995 $75,700 $0 $0
2023 $3,880 $60,900 $0 $0
2022 $2,105 $60,800 $0 $0
2021 $2,048 $49,500 $0 $0
2020 $2,024 $40,900 $0 $0
2019 $1,990 $31,800 $0 $0
2018 $1,670 $27,500 $0 $0
2017 $452 $25,200 $0 $0
2016 $1,911 $27,600 $0 $0
2015 $2,480 $24,800 $0 $0
2013 $2,134 $26,069 $0 $0
2010 -- $36,183 $897 $35,286
Source: Public Records

Agents Affiliated with this Home

  • Ben Ness

    Seller's Agent in 2022

    Ben Ness

    Clyde Realty LLC

    (313) 230-0510

    3 in this area

    400 Total Sales

    Section Image
  • Alex Lauer

    Seller Co-Listing Agent in 2022

    Alex Lauer

    Clyde Realty LLC

    (313) 230-0510

    4 in this area

    378 Total Sales

    Section Image
  • Justin Johnson

    Buyer's Agent in 2022

    Justin Johnson

    River Shore Realty, LLC

    (313) 333-6772

    2 in this area

    93 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2220012193

Realcomp

APN: 02-006197

Michigan Wayne County Detroit 48221 Green Acres

3305 W 8 Mile Rd, Detroit, MI

This home is located at 3305 W 8 Mile Rd, Detroit, MI 48221 since 24 February 2022 and is currently estimated at $226,172, approximately $208 per square foot. This property was built in 1949. 3305 W 8 Mile Rd is a home located in Wayne County with nearby schools including Pasteur Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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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