NOT LISTED FOR SALE

5042 Buckingham Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $105,000 - $156,000

3 Beds
1.5 Baths
1,616 Sq Ft
$77/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $30,000 $19 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $786/month

3 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow
  • High Speed Internet

About This Home

As of December 2022

***SOLD ON A QUIT CLAIM DEED, TITLE HAS A MAJOR ISSUE*** Add this cash-flowing Morningside brick single family home to your rental portfolio! The tenant has been in the property for ~1 year and just signed a 2-year lease extension at $800/month! The property is spacious and features hardwood floors throughout much of the property, 1.5 bathrooms, and includes the lot next door! The property also has all vinyl windows, updated romex electrical wiring and a circuit breaker panel, some updated plumbing. The property is located in the East Warren/Cadieux Strategic Neighborhood, which has received millions of dollars in public and private investment, with more to come, including a streetscape rejuvenation along Mack Avenue!

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 07/31/2021

RE/MAX Leading Edge

Last Buyer's Agent

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 07/31/2021

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x114.00
  • Fenced
  • Historic Home

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,616 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number W21I069717S

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Historic
  • Architecture Level: 1 1/2 Story
  • Year Built: 1928
  • State Equalized Value: 17600.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Sq Ft Combined: 1616
  • Total Sq Ft: 1616
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X114.00
  • Parcel Number: W21I069717S

Tax Info

  • Tax Amount Summer: 1343.0000
  • Tax Amount Winter: 132.0000
  • Total Tax: 1475.0000
  • Taxable Value: 13956.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Dec 9, 2022
Sold by
Davis Leonard
Bought by
Pdjs Investments Corp
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Ryan Kain
RE/MAX Leading Edge
List Price
$59,900
Sold Price
$30,000
Premium/Discount to List
-$29,900
-49.92%
Current Estimated Value
$124,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,452
Avg. Annual Appreciation
62.88%

Purchase Details

Listed on
Jul 31, 2021
Closed on
Nov 2, 2022
Sold by
Gothard Donald L and Gothard Doris
Bought by
Davis Leonard
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Ryan Kain
RE/MAX Leading Edge
List Price
$59,900
Sold Price
$30,000
Premium/Discount to List
-$29,900
-49.92%

Purchase Details

Closed on
Jun 14, 2016
Sold by
Alford Herbert W
Bought by
Alford Herbert W

Purchase Details

Closed on
Feb 21, 2012
Sold by
Alford Herbert W
Bought by
Alford Kirk Patrick
Source: Public Records

Range of Values:

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Average Value
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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
Pdjs Investments Corp $30,000 --
Davis Leonard -- --
Alford Herbert W -- Attorney
Alford Kirk Patrick -- Burton Title Insurance
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $30,000 -49.9% $19 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $59,900 -- $37 / 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 $1,464 $45,700 $0 $0
2024 $1,464 $37,500 $0 $0
2023 $1,421 $29,400 $0 $0
2022 $1,518 $23,700 $0 $0
2021 $1,475 $19,000 $0 $0
2020 $1,475 $17,600 $0 $0
2019 $1,452 $15,900 $0 $0
2018 $1,027 $14,100 $0 $0
2017 $248 $13,100 $0 $0
2016 $1,344 $18,400 $0 $0
2015 $1,840 $18,400 $0 $0
2013 $2,486 $24,863 $0 $0
2010 -- $36,452 $1,245 $35,207
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kain

    Seller's Agent in 2022

    Ryan Kain

    RE/MAX

    (734) 626-7815

    5 in this area

    386 Total Sales

    Ryan Kain
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Map

Source: Realcomp

MLS Number: 2210060594

Realcomp

APN: 21-069717

Michigan Wayne County Detroit 48224 Morningside

5042 Buckingham Ave, Detroit, MI

This home is located at 5042 Buckingham Ave, Detroit, MI 48224 since 31 July 2021 and is currently estimated at $124,452, approximately $77 per square foot. This property was built in 1928. 5042 Buckingham Ave 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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