NOT LISTED FOR SALE

4218 Cortland St Detroit, MI 48204

Russell Woods Neighborhood

Estimated Value: $78,000 - $127,000

5 Beds
2.5 Baths
1,584 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $3,000 $2 Per Sq Ft

Est. 3,317% increase in value since last sale

Current estimated payment $546/month

117 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of December 2022

Looking to buy property? Here is a great opportunity located in the beautiful neighborhood in Detroit. The buyer must include plans for rehabbing the home. The seller is the Detroit Land Bank Authority. 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 abatement and 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information. BATVAI

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 12/22/2021

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x110.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Ground Level

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Russell Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I004619S

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Type: Finished
  • Sq Ft Combined: 1584
  • Total Sq Ft: 1584
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X110.00
  • Parcel Number: W14I004619S

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Dec 20, 2022
Sold by
Detroit Land Bank
Bought by
Block & Lot Detroit Llc
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Clarence Wilson
RCH Brokerage Legacy Inc
List Price
$10,000
Sold Price
$3,000
Premium/Discount to List
-$7,000
-70%
Views
10
Current Estimated Value
$102,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,500
Avg. Annual Appreciation
235.19%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority

Purchase Details

Closed on
May 31, 1995
Sold by
Jacks James
Bought by
Gardner Bonnie
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
Block & Lot Detroit Llc $3,000 --
Detroit Landbank Authority -- None Available
Gardner Bonnie $36,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $3,000 -70.0% $2 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $10,000 -- $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 -- $19,400 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $1,239 $0 $0 $0
2019 $1,239 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $240 $0 $0 $0
2015 $1,353 $0 $0 $0
2013 $1,353 $17,192 $0 $0
2010 -- $23,863 $951 $22,912
Source: Public Records

Agents Affiliated with this Home

  • Leonard Pickett

    Seller's Agent in 2022

    Leonard Pickett

    RCH Brokerage Legacy Inc

    (313) 510-7887

    5 in this area

    176 Total Sales

    Leonard Pickett
    Section Image
  • Clarence Wilson

    Seller Co-Listing Agent in 2022

    Clarence Wilson

    RCH Brokerage Legacy Inc

    (313) 467-0009

    7 in this area

    229 Total Sales

    Clarence Wilson
    Section Image
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Map

Source: Realcomp

MLS Number: 2210102882

Realcomp

APN: 14-004619

Michigan Wayne County Detroit 48204 Russell Woods

4218 Cortland St, Detroit, MI

This home is located at 4218 Cortland St, Detroit, MI 48204 since 22 December 2021 and is currently estimated at $102,500, approximately $64 per square foot. This property was built in 1924. 4218 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.

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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