NOT LISTED FOR SALE

4200 Cortland St Detroit, MI 48204

Russell Woods Neighborhood

Estimated Value: $217,000 - $350,000

4 Beds
2 Baths
4,080 Sq Ft
$67/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $1,200 $0 Per Sq Ft

Est. 22,792% increase in value since last sale

Current estimated payment $2,013/month

302 Days on Market

About This Home

As of March 2016

MULTI FAMILY HOME, WITH 2-2 BEDROOM UNITS, EACH WITH 1 FULL BATH, KITCHEN, LIVING ROOM, BASEMENT, AND 2 CAR GARAGE.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group LLC License #MISPE-6502378429 Listed on: 05/11/2015

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,231

Year Built

  • Built in 1926

Lot Details

  • 5,227

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14004621.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,231

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 4080

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 14004621.
  • Lot Dimensions: 46
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,722.00
  • Winter Tax: Year: 2014, Amount: $168.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Walker Darryl K
Bought by
Priority Investment Llc
Current Estimated Value
$274,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$136,201
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$118,143

Purchase Details

Closed on
Dec 21, 2016
Sold by
Sabree Eric R
Bought by
Walker Darryl K

Purchase Details

Listed on
May 11, 2015
Closed on
Mar 11, 2016
Sold by
Nimitz Llc
Bought by
Hurst Steven P
Seller's Agent
Albert Hakim
City Real Estate Group LLC
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$6,000
Sold Price
$1,200
Premium/Discount to List
-$4,800
-80%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.95%

Purchase Details

Closed on
Apr 1, 2015
Sold by
Patton Llc
Bought by
Nimitz Llc

Purchase Details

Closed on
Mar 30, 2015
Sold by
Summit Acquisitions Llc
Bought by
Patton Llc

Purchase Details

Closed on
Feb 15, 2014
Sold by
Artesian Equities Llc
Bought by
Summit Acquisitions Llc

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Artesian Equities Llc

Purchase Details

Closed on
Jul 10, 2011
Sold by
Hamlin Kathy
Bought by
Phoenix 1031 Exchange Service Llc and The 4200 Cortland Land Trust #3502528

Purchase Details

Closed on
Nov 21, 2006
Sold by
Hamlin Kathy and Hamlin Dorothy
Bought by
Hamlin Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
10.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 9, 2006
Sold by
Cooper Carolyn
Bought by
Hamlin Kathy
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
Priority Investment Llc -- --
Walker Darryl K $500 None Available
Hurst Steven P -- None Available
Nimitz Llc -- None Available
Patton Llc -- None Available
Summit Acquisitions Llc -- None Available
Artesian Equities Llc $3,850 None Available
Phoenix 1031 Exchange Service Llc -- None Available
Hamlin Kathy -- Metro Title Corp
Hamlin Kathy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priority Investment Llc $140,000
Previous Owner Hamlin Kathy $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $1,200 -80.0% $0 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
05/11/2015 05/11/15 For Sale $6,000 -- $1 / Sq Ft
Source: Michigan Multiple Listing Service

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 $6,231 $80,400 $0 $0
2024 $6,231 $79,400 $0 $0
2023 $496 $8,835 $0 $0
2022 $517 $5,800 $0 $0
2021 $508 $3,825 $0 $0
2020 $508 $4,200 $0 $0
2019 $503 $2,970 $0 $0
2018 $602 $3,400 $0 $0
2017 $64 $3,400 $0 $0
2016 $820 $24,100 $0 $0
2015 $640 $6,400 $0 $0
2013 $2,757 $35,360 $0 $0
2010 -- $49,080 $1,250 $47,830
Source: Public Records

Agents Affiliated with this Home

  • Albert Hakim

    Seller's Agent in 2016

    Albert Hakim

    City Real Estate Group LLC

    (313) 800-7653

    90 Total Sales

    Albert Hakim
    Section Image

  • .

    Buyer's Agent in 2016

    . Non Mls Member

    NON MLS Member

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31241991

Michigan Multiple Listing Service

APN: 14-004621

Michigan Wayne County Detroit 48204 Russell Woods

4200 Cortland St, Detroit, MI

This home is located at 4200 Cortland St, Detroit, MI 48204 since 11 May 2015 and is currently estimated at $274,704, approximately $67 per square foot. This property was built in 1926. 4200 Cortland 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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