NOT LISTED FOR SALE

5087 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $89,000 - $113,950

3 Beds
1 Bath
1,077 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $56,000 $52 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $649/month

21 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Bungalow
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

Fantastic importunity for home ownership. 3 bed 1 bath with 1 car detached garage. Great house features newer kitchen, many new windows, newer roof. Harwood floors in living room and dining room. Bathroom is clean and neat. 2 bedrooms on 1st floor and master upstairs is carpeted. Detached 1 car garage also has new roof. Basement has special drainage system and a sump pump to keep it dry. Home is occupied with our house sitter and has alarm. **BATVAD.***MOVIES and Pictures AKA virtual tour available via dropbox. CALL L.A. for details.

Last Agent to Sell the Property

David Antonick

Brookstone, Realtors LLC License #6501334970 Listed on: 03/23/2020

Brookstone, Realtors LLC

Last Buyer's Agent

Devediah Paramore

Virtual Real Estate Services LLC License #RCO-6501390094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,077 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement
  • Natural lighting in basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Farmbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077508S
  • $3,300 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,211

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • State Equalized Value: 15800.0000
  • Foundation Features: Drainage System
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1077
  • Total Sq Ft: 1077
  • Sq Ft Total Bsmt: 859

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asbestos, Brick, Wood
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • 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

  • Homestead: Yes
  • List Price per Acre: 399333.3333
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x134
  • Parcel Number: W21I077508S

Tax Info

  • Tax Amount Summer: 1080.0000
  • Tax Amount Winter: 131.0000
  • Total Tax: 1211.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 22, 2020
Sold by
Pulman Maria M
Bought by
King Mitikia
Seller's Agent
David Antonick
Brookstone, Realtors LLC
Buyer's Agent
Devediah Paramore
Virtual Real Estate Services LLC
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%
Current Estimated Value
$97,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,738
Avg. Annual Appreciation
10.86%
Source: Public Records

Range of Values:

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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
King Mitikia $56,000 Embassy Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $56,000 -6.5% $52 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $59,900 -- $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 $1,577 $50,000 $0 $0
2024 $1,577 $43,100 $0 $0
2023 $1,530 $32,100 $0 $0
2022 $1,683 $25,300 $0 $0
2021 $1,243 $19,900 $0 $0
2020 $1,230 $17,900 $0 $0
2019 $1,212 $15,800 $0 $0
2018 $1,034 $13,500 $0 $0
2017 $251 $13,800 $0 $0
2016 $1,167 $15,400 $0 $0
2015 $1,540 $15,400 $0 $0
2013 $2,197 $21,965 $0 $0
2010 -- $32,204 $1,334 $30,870
Source: Public Records

Agents Affiliated with this Home

  • David Antonick

    Seller's Agent in 2020

    David Antonick

    Brookstone, Realtors LLC

    (734) 368-4193

    3 in this area

    99 Total Sales

    David Antonick
    Section Image
  • Devediah Paramore

    Buyer's Agent in 2020

    Devediah Paramore

    Virtual Real Estate Services LLC

    (248) 890-3848

    8 Total Sales

    Devediah Paramore
    Section Image
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Map

Source: Realcomp

MLS Number: 2200023828

Realcomp

APN: 21-077508

Michigan Wayne County Detroit 48224 Cornerstone Village

5087 University Place, Detroit, MI

This home is located at 5087 University Place, Detroit, MI 48224 since 23 March 2020 and is currently estimated at $97,738, approximately $90 per square foot. This property was built in 1941. 5087 University Place is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, 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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