NOT LISTED FOR SALE

3440 W 7 Mile Rd Detroit, MI 48221

Sherwood Forest Neighborhood

Estimated Value: $202,000 - $386,485

6 Beds
4 Baths
3,120 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $300,000 $96 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,975/month

17 Days on Market

Highlights

  • Porch
  • Security System Owned
  • Kitchen Appliances
  • Cass Technical High School Rated 10
  • Tankless Water Heater
  • Accessible Washer and Dryer

About This Home

As of November 2021

Don't miss your opportunity to own this lovely and clean 2 story brick duplex right in the heart of Sherwood Forest. Enjoy shopping, dining, and entertainment in just a short 6 minute walk to the historic Avenue of Fashion. Each 3120 sq.ft. unit features 3 bedrooms, 1.5 baths, a natural fireplace on the main level, hardwood floors and newer windows on the main level of the entire property. There is private entry to both units, front and back, a remote access 2-car garage, and ample space for 3 additonal vehicles. As an added bonus, a free-standing stove and refrigerator, dishwasher, microwave, washer and dryer, is included in the seller's unit! Yes that's right-this is a MOVE IN READY HOME. The choice is yours-live in the unit currently occupied by the seller, or rent it. The tenant unit is income generating with long term month-to-month tenants($900/month). Showings are by appointment only, 24 hour notice required.

Last Agent to Sell the Property

Lori Tooles

Prime Financial Plus Realty License #6501396357 Listed on: 09/11/2021

Last Buyer's Agent

Clayton Neal

KW Metro License #RCO-6501378931

KW Metro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942 | Remodeled in 2019

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55.00x130.00
  • Private Entrance

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Security System Owned
  • Unfinished Basement

Bedrooms and Bathrooms

  • Dual Flush Toilets

Accessible Home Design

  • Kitchen Appliances
  • Accessible Washer and Dryer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number W02I004561S

Community Details

Overview

  • 2 Units
  • Sherwood Forest Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1942 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1942
  • State Equalized Value: 144100.0000
  • Year Renovated: 2019
  • Accessibility Features: Accessible Kitchen Appliances, Accessible Washer/Dryer
  • Foundation Features: Sealed Foundation
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Dual-Flush Toilet(s), ENERGY STAR® Qualified Window(s), Programmable Thermostat, Security Alarm (owned)
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Sq Ft Combined: 3120
  • Total Sq Ft: 3120
  • Sq Ft Total Bsmt: 1560

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry, Satellite Dish
  • Foundation Materials: Poured
  • Frontage Feet: 55
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Tankless
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 55.00X130.00
  • Parcel Number: W02I004561S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Trash Collection
  • Monthly Rental Income: 900

Tax Info

  • Tax Amount Summer: 9006.0000
  • Tax Amount Winter: 1366.0000
  • Total Tax: 10372.0000
  • Taxable Value: 144100.0000

Multi Family

  • Gross Scheduled Income: 10800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Nov 9, 2021
Sold by
James Petrina C
Bought by
Melbourne Omar
Seller's Agent
Lori Tooles
Prime Financial Plus Realty
Buyer's Agent
Clayton Neal
KW Metro
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$313,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,495
Avg. Annual Appreciation
1.14%
Original Mortgage
$300,000
Outstanding Balance
$275,127
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$38,368

Purchase Details

Listed on
Aug 29, 2018
Closed on
Jan 22, 2019
Sold by
Ellis Charles H
Bought by
James Petrina C
Seller's Agent
Christopher Wallington
KW Domain
Buyer's Agent
Lori Tooles
Prime Financial Plus Realty
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.80%

Purchase Details

Closed on
May 11, 2016
Sold by
Wllis Wilma R
Bought by
Ellis Charles H
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
Melbourne Omar $300,000 First American Title Ins Co
James Petrina C $165,000 None Available
Ellis Charles H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melbourne Omar $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $300,000 -4.8% $96 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $315,000 +90.9% $101 / Sq Ft
01/22/2019 01/22/19 Sold $165,000 -5.1% $26 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/26/2018 09/26/18 Price Changed $173,900 -6.0% $28 / Sq Ft
08/29/2018 08/29/18 For Sale $185,000 -- $30 / 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 $11,663 $255,500 $0 $0
2024 $11,663 $231,600 $0 $0
2023 $11,341 $181,545 $0 $0
2022 $12,948 $177,600 $0 $0
2021 $10,759 $148,100 $0 $0
2020 $10,623 $144,100 $0 $0
2019 $3,195 $114,700 $0 $0
2018 $3,482 $89,200 $0 $0
2017 $698 $75,000 $0 $0
2016 $3,834 $100,900 $0 $0
2015 $3,636 $39,000 $0 $0
2013 $3,522 $41,099 $0 $0
2010 -- $57,045 $1,948 $55,097
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lori Tooles

    Prime Financial Plus Realty

    (313) 828-0735

    1 in this area

    17 Total Sales

    Lori Tooles
    Section Image
  • Clayton Neal

    Buyer's Agent in 2021

    Clayton Neal

    KW Metro

    (313) 433-3920

    2 in this area

    71 Total Sales

    Clayton Neal
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210076355

Realcomp

APN: 02-004561

Michigan Wayne County Detroit 48221 Sherwood Forest

3440 W 7 Mile Rd, Detroit, MI

This home is located at 3440 W 7 Mile Rd, Detroit, MI 48221 since 11 September 2021 and is currently estimated at $313,495, approximately $100 per square foot. This property was built in 1942. 3440 W 7 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.

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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