NOT LISTED FOR SALE

Estimated Value: $97,000 - $126,001

4 Beds
1.5 Baths
1,832 Sq Ft
$61/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $74,000 $40 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $801/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • No HOA
  • 4-minute walk to Russell Woods Park

About This Home

As of November 2023

CALLING ON ALL INVESTORS. DIAMOND IN THE ROUGH HERE. THIS PROPERTY HAS SO MUCH POTENTIAL. HIGHER END REHABED HOMES IN THE NEIGHBORHOOD SELL FOR $225k-250k. PLENTY OF MEAT ON THE BONE WITH THIS ONE. NEEDS ABOUT $60k IN REHAB SO YOUR LOOKING AT POTENTIALLY $100K IN GROSS PROFITS. NOWHERE ELSE DOES A "FLIP" OPPORTUNITY EXIST IN THE CITY. CAN ALSO BE PART OF A PACKAGE DEAL. SEE 4000 CORTLAND, 4841 STURTEVANT, 8101 MARYGROVE, 17526 MONICA, 18632 MONICA, 17343 SANTA ROSA, 18928 PRAIRIE

Last Agent to Sell the Property

Alex Saad

RE/MAX Team 2000 License #6501355792 Listed on: 10/10/2023

RE/MAX Team 2000

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 116.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Russell Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I005048S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1924
  • State Equalized Value: 19700.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1832
  • Total Sq Ft: 1832
  • Sq Ft Total Bsmt: 876

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • 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: 0.11
  • Lot Dimensions: 40.00 x 116.00
  • Parcel Number: W14I005048S

Tax Info

  • Tax Amount Summer: 911.0000
  • Tax Amount Winter: 104.0000
  • Total Tax: 1015.0000
  • Taxable Value: 11037.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 22, 2023
Sold by
Detroit Sfr Opportunity Llc
Bought by
Matthews Investment Holdings Llc
Seller's Agent
Alex Saad
RE/MAX Team 2000
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$69,900
Sold Price
$74,000
Premium/Discount to List
$4,100
5.87%
Views
4
Current Estimated Value
$111,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,000
Avg. Annual Appreciation
25.26%
Original Mortgage
$144,300
Interest Rate
7.79%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 18, 2023
Sold by
Detroiter Holdings Lp
Bought by
Detroit Sfr Opportunity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,913,910
Interest Rate
6.96%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Detroiter Holdings Llc

Purchase Details

Closed on
Sep 24, 2014
Sold by
All Four One
Bought by
Ishmail Watson Angela D and Ishmail Terry

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
All Four One

Purchase Details

Closed on
Dec 18, 2008
Sold by
Et & St Investments Llc
Bought by
Go Invest Wisely Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.3%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Aug 27, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Et & St Investments Llc

Purchase Details

Closed on
Jan 3, 2007
Sold by
Ulmer Levon
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Ixis Real Estate Capital

Purchase Details

Closed on
Feb 23, 2006
Sold by
Moore Joanne and Moore Joann
Bought by
Ulmer Levon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2005
Sold by
Moore Joann
Bought by
Wells Fargo Bank Na and Registered Holders Of Home Equity Loan A

Purchase Details

Closed on
Sep 1, 2004
Sold by
Lewis Quasand D
Bought by
Moore Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
10.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Matthews Investment Holdings Llc $74,000 None Listed On Document
Detroit Sfr Opportunity Llc $2,433,664 None Listed On Document
Detroit Sfr Opportunity Llc $2,433,664 None Listed On Document
Detroiter Holdings Llc $21,100 None Available
Ishmail Watson Angela D -- None Available
All Four One $900 None Available
Go Invest Wisely Llc -- None Available
Et & St Investments Llc $1,000 Rels Title
Deutsche Bank National Trust Co $85,413 None Available
Ulmer Levon $100,000 Metro Title Corp
Wells Fargo Bank Na $69,573 None Available
Moore Joann $95,000 Great Lakes Title Of Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Investment Holdings L $149,940
Closed Matthews Investment Holdings L $144,300
Previous Owner Detroit Sfr Opportunity Llc $2,913,910
Previous Owner Tse Properties Llc $0
Previous Owner Ulmer Levon $80,000
Previous Owner Moore Joann $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $74,000 +5.9% $40 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $69,900 -- $38 / 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 $2,502 $39,500 $0 $0
2024 $2,502 $29,900 $0 $0
2023 $1,132 $24,500 $0 $0
2022 $1,205 $19,700 $0 $0
2021 $1,173 $14,600 $0 $0
2020 $1,172 $13,600 $0 $0
2019 $967 $10,500 $0 $0
2018 $834 $10,100 $0 $0
2017 $188 $9,900 $0 $0
2016 $1,387 $19,600 $0 $0
2015 $1,900 $19,000 $0 $0
2013 $2,634 $26,343 $0 $0
2010 -- $36,563 $1,172 $35,391
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230086440

Realcomp

APN: 14-005048