NOT LISTED FOR SALE

4800 Marseilles St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $57,000 - $79,000

2 Beds
1 Bath
793 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $67,500 $85 Per Sq Ft

Current estimated payment $515/month

57 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow
  • Ceiling Fan

About This Home

As of August 2023

Are you tired of paying your landlord’s mortgage? Want to have affordable living in Cornerstone Village for less than the cost to rent? Here’s a well-maintained 2 BR, 1 BA, 793 sqft bungalow on a fenced-in corner lot w/ 2 car detached garage. First floor laundry / mud rooms (front and back) and 9’ x 11’ bedroom on first floor make for a great alternative to a more expensive Ranch-style home. Huge 15’ x 23’ master bedroom on second floor w/ ceiling fans, overhead lights, and tons of natural light is rare to find at this price point. Coved plaster ceilings in living room; hardwood floors throughout. Freshly painted and professionally cleaned interior. Double-pane vinyl windows (one brand new) will help keep heating bills low and allow you to circulate fresh air and keep the house cool on hot summer days. Garage also freshly painted. Gas-forced air / central heat. Gas stove/oven, refrigerator/freezer, and laundry washer/dryer included. Great long-time neighbors all around! Located 1 block from East Warren Avenue, 2 blocks from Mack Ave / Grosse Pointe, 3 blocks from the brand new “Detroit at Work Career Center”, and a short walk or bike ride to shops and restaurants on Mack Ave in Grosse Pointe as well as the East Warren / East Outer Drive epicenter of an ongoing $8.2M streetscape makeover and commercial corridor revitalization efforts. Tons of sports, exercise and outdoor entertainment opportunities at nearby Balduck Park - also a short walk away! Easy access to I-94 + all of Metro Detroit. Great investment opportunity in an up-and-coming area. Seller owns other properties in the area - some vacant, some tenant occupied - and is willing to negotiate a package sale. See agent remarks for details.

Last Agent to Sell the Property

Ryan Lally

KW Grosse Pointe License #6501398300 Listed on: 05/25/2023

KW Grosse Pointe

Co-Listed By

Marianne Mouton

KW Grosse Pointe License #6501429295

Last Buyer's Agent

Jennifer Hemstrom

Thrive Realty Company License #6501401209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 49.00 x 103.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Metal Siding
  • Vinyl Construction Material

Interior Spaces

  • 793 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W21I077557S

Community Details

Overview

  • No Home Owners Association
  • Lodewyck Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,210

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1947
  • State Equalized Value: 15900.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 793
  • Total Sq Ft: 793
  • Sq Ft Total Bsmt: 480

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Metal Siding, Vinyl
  • Frontage Feet: 49
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 49.00 x 103.00
  • Parcel Number: W21I077557S

Tax Info

  • Tax Amount Summer: 1109.7300
  • Tax Amount Winter: 101.8200
  • Total Tax: 1210.0000
  • Taxable Value: 10352.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 3, 2023
Sold by
Aloha Detroit Llc
Bought by
Chan Joyce
Seller's Agent
Ryan Lally
KW Grosse Pointe
Buyer's Agent
Jennifer Hemstrom
Thrive Realty Company
List Price
$75,000
Sold Price
$67,500
Premium/Discount to List
-$7,500
-10%
Views
116
Current Estimated Value
$67,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$275
Avg. Annual Appreciation
2.08%
Original Mortgage
$54,100
Outstanding Balance
$52,898
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$17,457

Purchase Details

Listed on
Oct 31, 2019
Closed on
Feb 18, 2020
Sold by
Ccxiv Februa Messor Deverra Maia
Bought by
Aloha Detroit Llc
Seller's Agent
Kimberly Young
Benjamin Management Group, Inc
Buyer's Agent
Yolanda Williams Davis
61 Houses Real Estate Brokerage Services
Sold Price
$760

Purchase Details

Closed on
Feb 20, 2018
Sold by
Norwood Marcus
Bought by
Februa Messor Deverra Maia Ccxxiv Trust

Purchase Details

Closed on
Apr 30, 2009
Sold by
Kotas Michael G and Kotas Kathleen Ann
Bought by
Norwood Marcus
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
Chan Joyce $67,500 None Listed On Document
Aloha Detroit Llc -- None Available
Februa Messor Deverra Maia Ccxxiv Trust $6,000 None Available
Norwood Marcus $6,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Joyce $54,100
Previous Owner Kotas Michael G $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $67,500 0.0% $85 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $67,500 -10.0% $85 / Sq Ft
05/25/2023 05/25/23 For Sale $75,000 0.0% $95 / Sq Ft
02/10/2020 02/10/20 Rented $760 0.0% --
01/11/2020 01/11/20 Under Contract -- -- --
12/10/2019 12/10/19 Price Changed $760 -5.0% $1 / Sq Ft
11/18/2019 11/18/19 Price Changed $800 -3.0% $1 / Sq Ft
10/31/2019 10/31/19 For Rent $825 -- --
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 $1,755 $30,000 $0 $0
2024 $1,755 $25,700 $0 $0
2023 $1,077 $19,200 $0 $0
2022 $1,145 $15,900 $0 $0
2021 $1,115 $12,600 $0 $0
2020 $1,115 $11,400 $0 $0
2019 $1,098 $9,700 $0 $0
2018 $874 $8,300 $0 $0
2017 $153 $8,500 $0 $0
2016 $952 $9,400 $0 $0
2015 $940 $9,400 $0 $0
2013 $1,333 $13,328 $0 $0
2010 -- $19,541 $960 $18,581
Source: Public Records

Agents Affiliated with this Home

  • Ryan Lally

    Seller's Agent in 2023

    Ryan Lally

    KW Grosse Pointe

    (313) 288-0434

    9 in this area

    174 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Marianne Mouton

    KW Grosse Pointe

    Section Image
  • Jennifer Hemstrom

    Buyer's Agent in 2023

    Jennifer Hemstrom

    Thrive Realty Company

    (248) 514-0175

    1 in this area

    184 Total Sales

    Section Image

  • K

    Seller's Agent in 2020

    Kimberly Young

    Benjamin Management Group, Inc

    Section Image
  • Yolanda Williams Davis

    Buyer's Agent in 2020

    Yolanda Williams Davis

    61 Houses Real Estate Brokerage Services

    (248) 747-1634

    42 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20230033507

Realcomp

APN: 21-077557

Michigan Wayne County Detroit 48224 Cornerstone Village

4800 Marseilles St, Detroit, MI

This home is located at 4800 Marseilles St, Detroit, MI 48224 since 25 May 2023 and is currently estimated at $70,355, approximately $88 per square foot. This property was built in 1947. 4800 Marseilles St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, 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.

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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