NOT LISTED FOR SALE

463 Chalmers St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $194,000 - $246,980

3 Beds
1 Bath
1,754 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $85,000 $48 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,208/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • No HOA

About This Home

As of May 2024

Fix & Flip Opportunity in the Jefferson/Chalmers District. The city of Detroit is currently working on many developments in this area. Homes are selling at around 250k in this area. Come and check out this beautiful home and make us an offer we can't refused. Home is owner occupied and requires at least a 24 hour notice for all showings. For more information please contact Jermaine Golden.

Last Agent to Sell the Property

Jermaine Golden

RE/MAX City Centre License #6501416411 Listed on: 02/19/2024

RE/MAX City Centre

Last Buyer's Agent

Jermaine Golden

RE/MAX City Centre License #6501416411 Listed on: 02/19/2024

RE/MAX City Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00 x 140.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,754 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Lakewood Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I056256S
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$364

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1922
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1754
  • Total Sq Ft: 1754
  • Sq Ft Total Bsmt: 812

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 40.00 x 140.00
  • Parcel Number: W21I056256S

Tax Info

  • Tax Amount Summer: 240.0000
  • Tax Amount Winter: 124.0000
  • Total Tax: 364.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2025
Sold by
Sro Industries Llc
Bought by
Farris Marika
Current Estimated Value
$218,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,761
Outstanding Balance
$229,356
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
-$5,611

Purchase Details

Listed on
Feb 19, 2024
Closed on
May 3, 2024
Sold by
Milner Alicia
Bought by
Sro Industries Llc
Seller's Agent
Jermaine Golden
RE/MAX City Centre
Buyer's Agent
Jermaine Golden
RE/MAX City Centre
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.58%
Original Mortgage
$171,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 2, 2008
Sold by
Crane Zina
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Nov 6, 2006
Sold by
T & S Enterprises Llc
Bought by
Crane Zina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,350
Interest Rate
10.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Alexander Patricia L
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset
Source: Public Records

Range of Values:

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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
Farris Marika $234,000 None Listed On Document
Sro Industries Llc $85,000 None Listed On Document
Sro Industries Llc $85,000 None Listed On Document
Saxon Mortgage Services Inc $17,000 None Available
Crane Zina $111,000 Colonial Title Co
Crane Zina -- Colonial Title Co
Deutsche Bank National Trust Co $98,824 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Marika $229,761
Previous Owner Sro Industries Llc $171,000
Previous Owner Milner Alicia $9,380
Previous Owner Crane Zina $94,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $85,000 -14.9% $48 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $99,900 -- $57 / 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 $125 $67,500 $0 $0
2024 $125 $0 $0 $0
2023 $120 $0 $0 $0
2022 $1,157 $24,800 $0 $0
2021 $1,132 $19,700 $0 $0
2020 $1,120 $17,400 $0 $0
2019 $1,104 $13,100 $0 $0
2018 $120 $12,000 $0 $0
2017 $979 $12,300 $0 $0
2016 $1,348 $15,600 $0 $0
2015 $1,560 $15,600 $0 $0
2013 $1,850 $18,498 $0 $0
2010 -- $27,121 $746 $26,375
Source: Public Records

Agents Affiliated with this Home

  • Jermaine Golden

    Seller's Agent in 2024

    Jermaine Golden

    RE/MAX

    (248) 635-6720

    3 in this area

    223 Total Sales

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Map

Source: Realcomp

MLS Number: 20240009715

Realcomp

APN: 21-056256

Michigan Wayne County Detroit 48215 Jefferson Chalmers

463 Chalmers St, Detroit, MI

This home is located at 463 Chalmers St, Detroit, MI 48215 since 19 February 2024 and is currently estimated at $223,745, approximately $127 per square foot. This property was built in 1922. 463 Chalmers St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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.

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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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