NOT LISTED FOR SALE

5062 W Outer Dr Detroit, MI 48235

Schulze Neighborhood

Estimated Value: $227,000 - $319,000

3 Beds
2.5 Baths
2,252 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $90,000 $40 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,655/month

147 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Enclosed Patio or Porch
  • Cass Technical High School Rated 10
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

HERE IT IS, HOME HAS BEEN COMPLETELY UPDATED, EVERYTHING YOU TOUCH AND SEE HAS BEEN UPDATED. LANDSCAPE NEED TO BE REDONE. READY TO MOVE WELL AFTER CLOSING JUST PACK YOUR BAGS AND MOVE IN. BUYER RESPONSIBLE FOR ALL INSPECTIONS AND SIGNING ACR OR BEFORE CLOSING. EMD OF $2,000 TO BE HELD WITH LISTING BROKER. BUYER AGENT TO ORDER FINAL WATER READ AND FORWARD TO LISTING AGENT BEFORE CLOSING. SELLER WILL LOOK AT ALL REASONABLE OFFERS. WILL CONSIDER SELLER CONCESSION WITH RIGHT OFFER.

Last Agent to Sell the Property

Cathey Simmons

Empire Realty Group Fawaz & Associates License #6501288739 Listed on: 05/20/2014

Last Buyer's Agent

Ronald Stringer

Broker One Real Estate Co License #RCO-6501357685

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00x124.00
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Blackstone Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I125377S

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Microwave
  • Sq Ft Combined: 3052
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 2252
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Balcony, Porch, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, 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

  • List Price per Acre: 961538.4615
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00X124.00
  • Parcel Number: W22I125377S

Tax Info

  • Tax Amount Summer: 4172.0000
  • Tax Amount Winter: 484.0000
  • Total Tax: 4656.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Adams Donald L and Adams Lita Nicole
Bought by
Adams Donald L and Adams Nicole Lita
Current Estimated Value
$268,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,498
Outstanding Balance
$161,044
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$93,362

Purchase Details

Closed on
Nov 13, 2018
Sold by
Perrett Etta
Bought by
Adams Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,082
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2014
Closed on
Feb 17, 2015
Sold by
Jones Donnita and Minner Brian
Bought by
Adams Donald L and Perrett Etta
Seller's Agent
Cathey Simmons
Empire Realty Group Fawaz & Associates
Buyer's Agent
Ronald Stringer
Broker One Real Estate Co
List Price
$125,500
Sold Price
$90,000
Premium/Discount to List
-$35,500
-28.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$88,369
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2006
Sold by
Williams Sharon and Williams Mark
Bought by
Myles Donnita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 25, 2006
Sold by
Williams Sharon
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jul 31, 2002
Sold by
Mcfarlin Byron
Bought by
Bank One
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
Adams Donald L -- None Listed On Document
Adams Donald L -- First American Title
Adams Donald L $90,000 Etitle Agency Inc
Myles Donnita $167,000 Netco
Us Bank Na -- None Available
Mortgage Electronic Registration Systems $105,415 None Available
Bank One $163,655 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Donald L $168,498
Previous Owner Adams Donald L $121,082
Previous Owner Adams Donald L $90,750
Previous Owner Adams Donald L $86,597
Previous Owner Adams Donald $88,369
Previous Owner Myles Donnita $133,600
Previous Owner Myles Donita $33,400
Previous Owner Williams Sharon $94,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $90,000 -28.3% $40 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $125,500 -- $56 / 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 $2,462 $151,500 $0 $0
2024 $2,462 $132,500 $0 $0
2023 $2,390 $105,900 $0 $0
2022 $2,645 $87,200 $0 $0
2021 $2,571 $59,900 $0 $0
2020 $2,540 $54,300 $0 $0
2019 $2,497 $43,000 $0 $0
2018 $2,083 $32,900 $0 $0
2017 $582 $30,700 $0 $0
2016 $2,711 $36,700 $0 $0
2015 $3,670 $36,700 $0 $0
2013 $5,098 $50,980 $0 $0
2010 -- $70,760 $1,343 $69,417
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cathey Simmons

    Empire Realty Group Fawaz & Associates

    (313) 580-6726

    1 in this area

    15 Total Sales

    Cathey Simmons
    Section Image

  • R

    Buyer's Agent in 2015

    Ronald Stringer

    Broker One Real Estate Co

    (586) 215-3732

    9 Total Sales

    Ronald Stringer
    Section Image
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Map

Source: Realcomp

MLS Number: 214047234

Realcomp

APN: 22-125377

Michigan Wayne County Detroit 48235 Schulze

5062 W Outer Dr, Detroit, MI

This home is located at 5062 W Outer Dr, Detroit, MI 48235 since 20 May 2014 and is currently estimated at $268,166, approximately $119 per square foot. This property was built in 1950. 5062 W Outer Dr is a home located in Wayne County with nearby schools including Vernor Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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