NOT LISTED FOR SALE

4850 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $62,000 - $110,000

2 Beds
1 Bath
854 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 10, 2012

Last sale price $8,118 $10 Per Sq Ft

Est. 958% increase in value since last sale

Current estimated payment $547/month

13 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2012

NEWER ROOF ON HOME AN GARAGE WITH NICE SIZE FIREPLACE IN LIVING ROOM. LOTS OF CLOSET SPACE WITH LARGE BEDROOMS

Last Agent to Sell the Property

Ralph Newkirk

Real Estate One-Central License #6501290050 Listed on: 01/24/2012

Co-Listed By

David Holmes

Real Estate One-Southgate License #6501328564

Last Buyer's Agent

Ralph Newkirk

Real Estate One-Central License #RCO-6501290050

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 854 Sq Ft Home
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 50x134

Community Details

  • No Home Owners Association
  • Harris Mary L Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077328S

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 854
  • Total Sq Ft: 854

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 50X134
  • Parcel Number: W21I077328S

Tax Info

  • Tax Amount Summer: 1868.0000
  • Tax Amount Winter: 270.0000
  • Total Tax: 2138.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2012
Closed on
Apr 3, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Mays Sherita
Seller's Agent
Ralph Newkirk
Real Estate One-Central
Buyer's Agent
Ralph Newkirk
Real Estate One-Central
List Price
$4,000
Sold Price
$8,118
Premium/Discount to List
$4,118
102.95%
Current Estimated Value
$85,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,783
Avg. Annual Appreciation
19.69%

Purchase Details

Closed on
Oct 11, 2011
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 27, 2011
Sold by
Johnson Frankie and Johnson Marilyn
Bought by
Chase Home Finance Llc
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
Mays Sherita $8,118 None Available
Secretary Of Housing & Urban Development -- None Available
Chase Home Finance Llc $90,107 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mays Sherita $2,711
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2012 04/10/12 Sold $8,118 +103.0% $10 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $4,000 -- $5 / 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 $1,064 $49,000 $0 $0
2024 $1,064 $42,200 $0 $0
2023 $1,031 $31,400 $0 $0
2022 $1,125 $26,400 $0 $0
2021 $1,098 $20,800 $0 $0
2020 $1,086 $18,600 $0 $0
2019 $1,050 $15,800 $0 $0
2018 $918 $13,800 $0 $0
2017 $214 $14,100 $0 $0
2016 $1,033 $13,200 $0 $0
2015 $1,320 $13,200 $0 $0
2013 $1,884 $18,844 $0 $0
2010 -- $31,734 $1,084 $30,650
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ralph Newkirk

    Real Estate One

  • D

    Seller Co-Listing Agent in 2012

    David Holmes

    Real Estate One

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 212008216

Realcomp

APN: 21-077328

Michigan Wayne County Detroit 48224 Cornerstone Village

4850 University Place, Detroit, MI

This home is located at 4850 University Place, Detroit, MI 48224 since 24 January 2012 and is currently estimated at $85,901, approximately $100 per square foot. This property was built in 1949. 4850 University Place 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

Nearby Homes