NOT LISTED FOR SALE

5017 Parker St Detroit, MI 48213

Gratiot-Grand Neighborhood

Estimated Value: $74,000 - $95,481

4 Beds
2 Baths
2,326 Sq Ft
$37/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $19,000 $8 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $558/month

65 Days on Market

Highlights

  • Forced Air Heating System
  • 1 Car Garage
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10

About This Home

As of November 2023

A promising 2-family home in need of TLC, conveniently situated near the I94 freeway between Gratiot Ave and East Warren Ave. Just a short 5-10 minute drive from Downtown Detroit, grocery stores, retail shops, and casual dining spots, making it an excellent investment opportunity. Unlock the potential of this property in a prime location, offering urban convenience and possibilities for the savvy investor.

Last Agent to Sell the Property

Mohammed Uddin

Home Pride Realty License #6501447969 Listed on: 08/29/2023

Co-Listed By

Kabir Ahmed

Home Pride Realty License #6501304842

Last Buyer's Agent

Melissa Connell

Sine & Monaghan LLC License #6501412750

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 110.00

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,326 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W17I008974S

Community Details

Overview

  • 2 Units
  • Michels Sub Of Lot 17 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1917
  • State Equalized Value: 24600.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2326
  • Total Sq Ft: 2326
  • Sq Ft Total Bsmt: 1152

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 5000.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 110.00
  • Parcel Number: W17I008974S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 1951.0000
  • Tax Amount Winter: 195.0000
  • Total Tax: 2146.0000
  • Taxable Value: 20660.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Nov 9, 2023
Sold by
Ahmed Rubel
Bought by
Dennis Desmond D
Seller's Agent
Mohammed Uddin
Home Pride Realty
Buyer's Agent
Melissa Connell
Sine & Monaghan LLC
List Price
$49,333
Sold Price
$19,000
Premium/Discount to List
-$30,333
-61.49%
Views
75
Current Estimated Value
$85,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,513
Avg. Annual Appreciation
117.71%

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 10, 2019
Sold by
Bank Of America Na
Bought by
Ahmed Rubel
Seller's Agent
Jason Megie
Preferred Realty Pros
Buyer's Agent
Johrulislam Khan
Home Pride Realty
List Price
$12,000
Sold Price
$12,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Apr 19, 2018
Sold by
Moss James R and Moss Juanita
Bought by
Bank Of Amrica N A
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
Dennis Desmond D $15,000 Ata National Title
Ahmed Rubel $12,000 None Available
Bank Of Amrica N A $12,000 Sun Title Agency Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moss James R $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $19,000 -5.0% $8 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $19,999 -59.5% $9 / Sq Ft
08/29/2023 08/29/23 For Sale $49,333 +311.1% $21 / Sq Ft
06/18/2019 06/18/19 Sold $12,000 0.0% $5 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $12,000 -- $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 $2,925 $45,000 $0 $0
2024 $2,925 $37,500 $0 $0
2023 $2,010 $29,500 $0 $0
2022 $2,146 $24,600 $0 $0
2021 $2,086 $20,000 $0 $0
2020 $2,234 $21,400 $0 $0
2019 $1,880 $17,400 $0 $0
2018 $859 $15,100 $0 $0
2017 $125 $16,900 $0 $0
2016 $922 $10,100 $0 $0
2015 $653 $10,100 $0 $0
2013 $633 $11,826 $0 $0
2010 -- $17,338 $356 $16,982
Source: Public Records

Agents Affiliated with this Home

  • Mohammed Uddin

    Seller's Agent in 2023

    Mohammed Uddin

    Home Pride Realty

    (313) 770-4837

    1 in this area

    4 Total Sales

    Section Image
  • Kabir Ahmed

    Seller Co-Listing Agent in 2023

    Kabir Ahmed

    Home Pride Realty

    (313) 510-2272

    1 in this area

    111 Total Sales

    Section Image
  • Melissa Connell

    Buyer's Agent in 2023

    Melissa Connell

    Sine & Monaghan LLC

    (313) 320-0044

    1 in this area

    39 Total Sales

    Section Image
  • Jason Megie

    Seller's Agent in 2019

    Jason Megie

    Preferred Realty Pros

    (586) 484-8398

    156 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Johrulislam Khan

    Home Pride Realty

    (313) 443-9572

    4 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230072758

Realcomp

APN: 17-008974

Michigan Wayne County Detroit 48213 Gratiot-Grand

5017 Parker St, Detroit, MI

This home is located at 5017 Parker St, Detroit, MI 48213 since 29 August 2023 and is currently estimated at $86,120, approximately $37 per square foot. This property was built in 1917. 5017 Parker St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Southeastern High 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