NOT LISTED FOR SALE

5015 Maxwell St Detroit, MI 48213

Gratiot-Grand Neighborhood

Estimated Value: $114,000 - $147,000

Studio
2 Baths
1,920 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $135,000 $70 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $934/month

56 Days on Market

About This Home

As of September 2024

Welcome to 5015 Maxwell, a charming brick duplex located in a great area just off Gratiot Avenue. This property is currently vacant, offering a fantastic opportunity for new owners. The neighborhood boasts convenient access to local amenities, parks, and is just a short drive from downtown Detroit. Each unit features separate basements, providing ample storage space. The duplex also includes vinyl windows, ensuring energy efficiency and durability. Upon closing, new water heaters and furnaces will be installed, adding further value to this already appealing property. We are offering this property for $165,000 but are open to discussions and best offers. Don't miss out on this excellent investment opportunity! For more details, please contact Deuntay at deuntay@gobeal.com.

Last Agent to Sell the Property

Deuntay Fields

Beal Properties LLC License #6501449088 Listed on: 07/16/2024

Last Buyer's Agent

Deuntay Fields

Caldwell Realty and Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,177

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 110x30

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Basement

  • Michigan Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,177

Year Built

Built in 1924

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1924
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 110x30
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Michigan Basement: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 140000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Natural Gas Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 110x30
  • Lot Size Sq Ft: 3485.0

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2177.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Sep 24, 2024
Sold by
C & A Investments Llc
Bought by
Sanchez Serena
Seller's Agent
Deuntay Fields
Beal Properties LLC
Buyer's Agent
Deuntay Fields
Beal Properties LLC
List Price
$165,000
Sold Price
$135,000
Premium/Discount to List
-$30,000
-18.18%
Views
25
Current Estimated Value
$130,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,092
Avg. Annual Appreciation
-2.06%
Original Mortgage
$112,365
Outstanding Balance
$111,208
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$19,700

Purchase Details

Closed on
Oct 31, 2019
Sold by
Herbold Creed
Bought by
C & A Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 13, 2019
Closed on
Mar 22, 2019
Sold by
The Philip House Mission
Bought by
Herbold Creed
Seller's Agent
Syed Mohsin
EXP Realty Main
Buyer's Agent
Rich Howard
Coldwell Banker Metro Real Estate
List Price
$29,900
Sold Price
$28,500
Premium/Discount to List
-$1,400
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.37%

Purchase Details

Closed on
Jul 8, 2016
Sold by
Sow Mandela
Bought by
The Philip House Mission

Purchase Details

Closed on
Jun 21, 2012
Sold by
Perry Thelma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 11, 2003
Sold by
Wayne County Prosecuting Attorney
Bought by
Perry Thelma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Serena $135,000 Vanguard Title
C & A Investments Llc -- None Available
Herbold Creed $28,500 Title One Inc
The Philip House Mission -- Attorney
Federal National Mortgage Association -- None Available
Perry Thelma $25,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Serena $112,365
Previous Owner C & A Investments Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2024 09/24/24 Sold $135,000 -3.6% $70 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $140,000 -15.2% $73 / Sq Ft
07/16/2024 07/16/24 For Sale $165,000 +478.9% $86 / Sq Ft
03/22/2019 03/22/19 Sold $28,500 -4.7% $15 / Sq Ft View Prior Sale
03/19/2019 03/19/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $29,900 +510.2% $16 / Sq Ft
10/31/2012 10/31/12 Sold $4,900 -16.9% $3 / Sq Ft View Prior Sale
09/17/2012 09/17/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $5,900 -- $3 / Sq Ft
Source: MichRIC

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 $3,034 $41,400 $0 $0
2024 $1,781 $34,500 $0 $0
2023 $1,977 $27,100 $0 $0
2022 $2,110 $24,100 $0 $0
2021 $2,051 $19,600 $0 $0
2020 $2,181 $20,800 $0 $0
2019 $704 $17,000 $0 $0
2018 $649 $15,800 $0 $0
2017 $75 $17,700 $0 $0
2016 $687 $4,100 $0 $0
2015 $410 $4,100 $0 $0
2013 $475 $4,748 $0 $0
2010 -- $6,961 $356 $6,605
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Deuntay Fields

    Beal Properties LLC

    Section Image

  • S

    Seller's Agent in 2019

    Syed Mohsin

    EXP Realty Main

    Section Image

  • R

    Buyer's Agent in 2019

    Rich Howard

    Coldwell Banker Metro Real Estate

    Section Image

  • C

    Seller's Agent in 2012

    Chad Evans

    Pointes Realty LLC

    (586) 808-6015

    12 Total Sales

    Chad Evans
    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Paula Baljian

    Pointes Real Estate

    Section Image
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Map

Source: MichRIC

MLS Number: 24036353

MichRIC

APN: 17-008585

Michigan Wayne County Detroit 48213 Gratiot-Grand

5015 Maxwell St, Detroit, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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