$15,000
SOLD MAY 8, 2025
4 Beds
2.5 Baths
2,600 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$6 Per Sq Ft

180 Days on Market

Highlights

  • Hot Water Heating System
  • 2 Car Garage
  • 2-minute walk to Zussman Park
  • Cass Technical High School Rated 10

About This Home

As of May 2025

Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat located in the historic Russell Woods subdivision. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Last Agent to Sell the Property

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 09/06/2024

Real Estate One-Southfield

Last Buyer's Agent

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 09/06/2024

Real Estate One-Southfield

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35 x 116

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14005335.

Community Details

Overview

  • 2 Units
  • Sullivans Dexter Blvd No 1 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 38000.0000
  • Year Renovated: 1927
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 166666.6600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2600

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35 x 116
  • Parcel Number: 14005335.
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1558.0000
  • Tax Amount Winter: 174.0000
  • Total Tax: 1732.0000
  • Taxable Value: 38000.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Apr 28, 2025
Sold by
Detroit Land Bank Authority
Bought by
Grandiose Real Estate Solutions Llc
Seller's Agent
Gene Kelley
Real Estate One-Southfield
Buyer's Agent
Gene Kelley
Real Estate One-Southfield
List Price
$15,000
Sold Price
$15,000
Views
267
Current Estimated Value
$141,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,577
Avg. Annual Appreciation
2261.03%

Purchase Details

Closed on
May 25, 2018
Sold by
Kelly Cordell
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jan 12, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Nov 30, 2012
Sold by
Benjigates Estates Llc
Bought by
Elm Investment Co

Purchase Details

Closed on
Nov 27, 2012
Sold by
Wayne County Treasurer
Bought by
Benjigates Estates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed $15,000 None Listed On Document
Quit Claim Deed $15,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed $1,300 Tsi Title Co
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $2,601 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $15,000 0.0% $6 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
09/06/2024 09/06/24 For Sale $15,000 -- $6 / 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 $2,587 $0 $0 $0
2024 $2,587 $46,600 $0 $0
2023 $1,557 $38,000 $0 $0
2022 $3,537 $31,600 $0 $0
2021 $1,728 $23,300 $0 $0
2020 $1,728 $21,600 $0 $0
2019 $1,700 $16,500 $0 $0
2018 $1,059 $17,700 $0 $0
2017 $174 $17,400 $0 $0
2016 $1,147 $35,500 $0 $0
2015 $904 $12,600 $0 $0
2013 $1,393 $17,520 $0 $0
2010 -- $25,103 $977 $24,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240065727

Realcomp

APN: 14-005335