NOT LISTED FOR SALE

4225 W Davison Detroit, MI 48238

Russell Woods Neighborhood

Estimated Value: $64,000 - $136,000

3 Beds
1 Bath
1,395 Sq Ft
$73/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $7,500 $5 Per Sq Ft

Est. 1,260% increase in value since last sale

Current estimated payment $575/month

174 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 4-minute walk to Zussman Park
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of May 2022

Great for experienced investors. Looking for a buyer to rehab this property. Included in the purchase is the adjacent lot (4213 W Davison). 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. BATVAI

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 09/29/2020

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 09/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 1940

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 35.00x53.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,395 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Russell Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I005428S

Home Details

Home Type

Single Family

Est. Annual Taxes

$495

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1395
  • Total Sq Ft: 1395
  • Sq Ft Total Bsmt: 650

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 375000.0000
  • Lot Size Area: 0.04
  • Lot Dimensions: 35.00X53.00
  • Parcel Number: W14I005428S

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority
Current Estimated Value
$102,002

Purchase Details

Closed on
Dec 14, 2010
Sold by
Wojtowicz Raymond J
Bought by
The Angel Group Llc

Purchase Details

Closed on
May 8, 1995
Sold by
Beasley Casina
Bought by
Howard Cassandra
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
Detroit Landbank Authority -- None Available
The Angel Group Llc $500 None Available
Howard Cassandra -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $7,500 -50.0% $5 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $15,000 -- $11 / 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 $495 $5,600 $0 $0
2024 $495 $3,800 $0 $0
2023 $479 $3,100 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $1,182 $0 $0 $0
2019 $1,182 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $240 $0 $0 $0
2015 $860 $0 $0 $0
2013 $860 $8,597 $0 $0
2010 -- $12,318 $472 $11,846
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

    178 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

    224 Total Sales

    Clarence Wilson
    Section Image
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Map

Source: Realcomp

MLS Number: 2200080727

Realcomp

APN: 14-005428

Michigan Wayne County Detroit 48238 Russell Woods

4225 W Davison, Detroit, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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