NOT LISTED FOR SALE

5026 Devonshire Rd Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $59,000 - $127,000

3 Beds
1 Bath
1,350 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $36,000 $27 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $471/month

32 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • 1 Car Detached Garage
  • Cass Technical High School Rated 10

About This Home

As of March 2022

Great rental property in an up-and-coming part of Detroit. Listed below market value. This property has great tenants that pay on time. They pay $600 per month. This is below the current rental rate for this area so there is value add opportunity. A land contract may be available with the right terms.

Last Agent to Sell the Property

Daniel Elijah

BELE Realty Inc License #6502426716 Listed on: 01/20/2022

Last Buyer's Agent

Daniel Richardson

BELE Realty Inc License #RCO-6502426716

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x114.00
  • Property fronts a private road

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Ground Level Unit
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • East Detroit Development Cos Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I070443S

Home Details

Home Type

Single Family

Est. Annual Taxes

$657

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1927
  • State Equalized Value: 8200.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1450
  • Sq Ft Lower Floor: 100
  • Total Sq Ft: 1350
  • Sq Ft Total Bsmt: 100

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 10
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: 3rd Party Unknown

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X114.00
  • Parcel Number: W21I070443S

Rental Info

  • Deposit Amount: 20000.00

Tax Info

  • Tax Amount Summer: 601.0000
  • Tax Amount Winter: 56.0000
  • Total Tax: 657.0000
  • Taxable Value: 5940.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 3, 2022
Sold by
Freddie Henry
Bought by
Bedford Investments Us Lp
Seller's Agent
Daniel Elijah
BELE Realty Inc
Buyer's Agent
Daniel Elijah
BELE Realty Inc
List Price
$46,000
Sold Price
$36,000
Premium/Discount to List
-$10,000
-21.74%
Current Estimated Value
$80,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,047
Avg. Annual Appreciation
28.31%

Purchase Details

Closed on
Aug 5, 2016
Sold by
The Detroit Land Bank Authority
Bought by
Henry Freddie

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jun 22, 2012
Sold by
Fannie Mae
Bought by
Harbour Portfolio Vii Lp

Purchase Details

Closed on
Jan 9, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 13, 2011
Sold by
Fletcher Dennis W and Fletcher Marva
Bought by
Jpmorgan Chase Bank National Association
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
Bedford Investments Us Lp $36,000 Regions Title
Henry Freddie $1,000 None Available
Detroit Land Bank Authority -- None Available
Fannie Mae -- None Available
Jpmorgan Chase Bank National Association $59,566 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $36,000 -21.7% $27 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $46,000 -- $34 / 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 $574 $7,000 $0 $0
2024 $574 $5,100 $0 $0
2023 $556 $4,100 $0 $0
2022 $776 $10,100 $0 $0
2021 $759 $8,200 $0 $0
2020 $758 $7,600 $0 $0
2019 $749 $6,120 $0 $0
2018 $672 $6,000 $0 $0
2017 $104 $5,500 $0 $0
2016 $240 $13,300 $0 $0
2015 $1,330 $13,300 $0 $0
2013 $1,799 $17,986 $0 $0
2010 -- $26,371 $981 $25,390
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Elijah

    BELE Realty Inc

    Section Image

  • D

    Buyer's Agent in 2022

    Daniel Richardson

    BELE Realty Inc

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Map

Source: Realcomp

MLS Number: 2220004279

Realcomp

APN: 21-070443

Michigan Wayne County Detroit 48224 Morningside

5026 Devonshire Rd, Detroit, MI

This home is located at 5026 Devonshire Rd, Detroit, MI 48224 since 20 January 2022 and is currently estimated at $80,047, approximately $59 per square foot. This property was built in 1927. 5026 Devonshire Rd is a home located in Wayne County with nearby schools including Ronald Brown Academy, 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
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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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