NOT LISTED FOR SALE

4083 E Outer Dr Detroit, MI 48234

Sherwood Neighborhood

Estimated Value: $77,000 - $106,000

3 Beds
1.5 Baths
959 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $29,000 $30 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $669/month

128 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of May 2015

An investor's [or homeowner's] dream and this unit will last long! Brick 3 bedroom, 1.5 BATH bungalow with updates galore. Located not far from the 8 & Mound Chrysler plant, this beautiful home is ready to SELL! CASH OFFERS ONLY! EMD of $2,500.00 is held by Listing office. Property sold AS-IS, with NO inspection contingencies WHATSOEVER. Unit currently leased for $750.00 /mo. (Section 8) by a screened and stable client. Taxes have been appealed and unit boasts new paint, carpet, plumbing, re-glazed tub, and updated central heating, 1 car detached garage, partially finished basement with lavatory, potential laminate-floored man-cave, storage space, more. $295.00 compliance fee. Property is occupied, PLEASE, NO PROPERTY VISITS WHATSOEVER. Please contact your agent or Royce Kennedy Realty Group for more information.

Last Agent to Sell the Property

Marcus Smith

Royce Kennedy Realty License #6502360874 Listed on: 12/21/2014

Last Buyer's Agent

Marcus Smith

Royce Kennedy Realty License #6502360874 Listed on: 12/21/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled in 2014

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38.00x123.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 959 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Assessors Outer Drive Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W15I005103S

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1951
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 959

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 317272.7273
  • Lot Size Area: 0.11
  • Lot Dimensions: 38.00X123.00
  • Parcel Number: W15I005103S

Tax Info

  • Tax Amount Summer: 1424.0000
  • Tax Amount Winter: 348.0000
  • Total Tax: 1772.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Foxtown Properties And Investments Llc
Bought by
Los 5 Hermanos Llc
Current Estimated Value
$94,102

Purchase Details

Closed on
Oct 20, 2021
Sold by
Garland Derrick and Jang Yueyang
Bought by
Foxtown Properties And Investments

Purchase Details

Listed on
Dec 21, 2014
Closed on
May 28, 2015
Sold by
Electra Investments Llc
Bought by
Ge Fang and Jiang Yueyang
Seller's Agent
Marcus Smith
Royce Kennedy Realty
Buyer's Agent
Marcus Smith
Royce Kennedy Realty
List Price
$34,900
Sold Price
$29,000
Premium/Discount to List
-$5,900
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Listed on
Dec 21, 2014
Closed on
May 27, 2015
Sold by
Community Housing Resources
Bought by
Electra Investments Llc
Seller's Agent
Marcus Smith
Royce Kennedy Realty
Buyer's Agent
Marcus Smith
Royce Kennedy Realty
List Price
$34,900
Sold Price
$29,000
Premium/Discount to List
-$5,900
-16.91%

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Community Housing Resources

Purchase Details

Closed on
Mar 9, 2012
Sold by
4083 E Outer Llc
Bought by
Margin Management Llc

Purchase Details

Closed on
Jan 1, 2010
Sold by
Troy Foxworth
Bought by
4083 E Outer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,900
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2009
Sold by
Moses Shelly and Nabor Sharron
Bought by
Troy Foxworth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,900
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2009
Sold by
Jovanovic Marko
Bought by
Moses Shelley L

Purchase Details

Closed on
Apr 5, 2006
Sold by
Butler Williams Tanisha and Williams Tyrome
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2003-3 As

Purchase Details

Closed on
Mar 26, 2003
Sold by
Harris Lanay
Bought by
Williams Tanisha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Los 5 Hermanos Llc $78,800 None Listed On Document
Foxtown Properties And Investments $60,700 Red Carpet Title Agency Llc
Foxtown Properties $60,700 None Listed On Document
Ge Fang $41,000 None Available
Electra Investments Llc $29,000 First American Title Ins Co
Community Housing Resources $5,500 None Available
Margin Management Llc -- None Available
4083 E Outer Llc -- None Available
Troy Foxworth $27,500 None Available
Moses Shelley L $11,500 Bell Title Company
Wells Fargo Bank Na $112,260 None Available
Williams Tanisha $120,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Troy Foxworth $18,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $29,000 -16.9% $30 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
12/21/2014 12/21/14 For Sale $34,900 -- $36 / 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 $2,127 $38,200 $0 $0
2024 $2,102 $32,400 $0 $0
2023 $2,043 $26,000 $0 $0
2022 $1,230 $22,300 $0 $0
2021 $1,016 $16,000 $0 $0
2020 $1,003 $15,300 $0 $0
2019 $989 $12,000 $0 $0
2018 $877 $9,700 $0 $0
2017 $154 $8,100 $0 $0
2016 $1,263 $27,700 $0 $0
2015 $1,350 $13,500 $0 $0
2013 -- $16,827 $0 $0
2010 -- $24,671 $1,028 $23,643
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marcus Smith

    Royce Kennedy Realty

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Map

Source: Realcomp

MLS Number: 214127703

Realcomp

APN: 15-005103

Michigan Wayne County Detroit 48234 Sherwood

4083 E Outer Dr, Detroit, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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