NOT LISTED FOR SALE

5071 W Outer Dr Detroit, MI 48235

Schulze Neighborhood

Estimated Value: $186,000 - $247,000

4 Beds
1.5 Baths
2,123 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $149,000 $70 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,443/month

91 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2020

HOME NOW READY TO SHOW! Stars, Musicians, Politicians, Lawyers and Doctors all have left their mark on Outer Drive. Now its your turn. Curb appeal will bring you into outer drive but the multiple fireplaces, hardwood floors, formal living room and dining room will be a few of the things that make you call it home. Newer Furnace and Hot water tank installed. Conveniently located within minutes of major freeways, Eight Mile Road, and multiple hospitals and campuses you can get anywhere in the metro area in just a few minutes.

Last Agent to Sell the Property

David Fisher

Keller Williams Advantage License #6501377655 Listed on: 05/31/2020

Keller Williams Advantage

Last Buyer's Agent

Deborah Smith

Keller Williams Home License #RCO-6501303929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55.00x134.00

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 2,123 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • 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 W22I125291S
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,267

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1937
  • State Equalized Value: 24900.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2523
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 2123
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 55
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: 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: 876470.5882
  • Lot Size Area: 0.17
  • Lot Dimensions: 55.00X134.00
  • Parcel Number: W22I125291S

Tax Info

  • Tax Amount Summer: 1157.0000
  • Tax Amount Winter: 110.0000
  • Total Tax: 1267.0000
  • Taxable Value: 11603.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Oct 23, 2020
Sold by
Weeks Dana and Weeks Dana
Bought by
Perryman Reginald and Perryman Tanisha
Seller's Agent
David Fisher
Keller Williams Advantage
Buyer's Agent
Deborah Smith
Keller Williams Home
List Price
$150,000
Sold Price
$149,000
Premium/Discount to List
-$1,000
-0.67%
Current Estimated Value
$217,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,005
Avg. Annual Appreciation
7.39%
Original Mortgage
$141,550
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Weeks Dana

Purchase Details

Closed on
Oct 25, 2012
Sold by
Cole James
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 3, 2004
Sold by
Mopkins Michelle
Bought by
Cole James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 12, 2004
Sold by
Mopkins Maurice
Bought by
Matrix Financial Services Corp

Purchase Details

Closed on
Jan 27, 2003
Sold by
Mopkins Maurice
Bought by
Mopkins Michelle
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
Perryman Reginald $149,000 First American Title
Weeks Dana $10,000 None Available
Deutsche Bank National Trust Company $238,575 None Available
Cole James $185,000 Metro Title Corp
Matrix Financial Services Corp $121,226 --
Mopkins Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelton Tanisha S $141,550
Previous Owner Perryman Tanisha S $141,550
Previous Owner Cole James $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $149,000 0.0% $70 / Sq Ft
07/27/2020 07/27/20 Price Changed $149,000 +2.8% $70 / Sq Ft
07/27/2020 07/27/20 Price Changed $145,000 -3.3% $68 / Sq Ft
05/31/2020 05/31/20 For Sale $150,000 -- $71 / 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 $3,244 $85,400 $0 $0
2024 $3,244 $70,500 $0 $0
2023 $2,503 $54,500 $0 $0
2022 $1,545 $44,800 $0 $0
2021 $1,287 $34,900 $0 $0
2020 $1,286 $32,400 $0 $0
2019 $1,267 $24,900 $0 $0
2018 $1,112 $19,900 $0 $0
2017 $210 $17,900 $0 $0
2016 $1,219 $18,000 $0 $0
2015 $1,800 $18,000 $0 $0
2013 $4,425 $44,252 $0 $0
2010 -- $61,421 $1,674 $59,747
Source: Public Records

Agents Affiliated with this Home

  • David Fisher

    Seller's Agent in 2020

    David Fisher

    Keller Williams Advantage

    (248) 834-7226

    2 in this area

    97 Total Sales

    David Fisher
    Section Image

  • D

    Buyer's Agent in 2020

    Deborah Smith

    Keller Williams Home

    Section Image
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Map

Source: Realcomp

MLS Number: 2200038397

Realcomp

APN: 22-125291

Michigan Wayne County Detroit 48235 Schulze

5071 W Outer Dr, Detroit, MI

This home is located at 5071 W Outer Dr, Detroit, MI 48235 since 31 May 2020 and is currently estimated at $217,005, approximately $102 per square foot. This property was built in 1937. 5071 W Outer Dr is a home located in Wayne County with nearby schools including Schulze Academy for Technology and Arts, 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.

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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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