NOT LISTED FOR SALE

520 Philip St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $25,000 - $140,000

0.09 Acre
$807,411 Price per Acre
3,920 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $11,500

Est. 532% increase in value since last sale

Current estimated payment $402/month

33 Days on Market

About This Lot

As of May 2019

Vacant lot in the heart of the Jefferson-Chalmers district. Close to canals, Detroit River, and Grosse Pointe Park. Great opportunity to be part of the revitalization and the development happening in the district.

Last Agent to Sell the Property

Kimberly Young

Benjamin Management Group, Inc License #6501397637 Listed on: 03/19/2019

Last Buyer's Agent

Aaron Fox

Real Broker LLC Troy License #6501400181

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x110x30x111

Utilities

  • Sewer in Street

Property Details

Property Type

Land

Est. Annual Taxes

$18

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 200.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 166666.6667
  • Lot Size Area: 0.09
  • Lot Dimensions: 30x110x30x111
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 16.0000
  • Tax Amount Winter: 2.0000
  • Total Tax: 18.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Agi Holdings & Investments Llc
Bought by
Bahadu Shaka
Current Estimated Value
$72,667

Purchase Details

Listed on
Mar 19, 2019
Closed on
May 3, 2019
Sold by
Brown Yeagins
Bought by
Agi Joldings & Investments
Seller's Agent
Kimberly Young
Benjamin Management Group, Inc
Buyer's Agent
Aaron Fox
Real Broker LLC Troy
List Price
$15,000
Sold Price
$11,500
Premium/Discount to List
-$3,500
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%

Purchase Details

Closed on
Jun 27, 2017
Sold by
The Detroit Land Bank Authority
Bought by
Brown Cindy Yeagins

Purchase Details

Closed on
Jun 10, 2015
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority
Source: Public Records

Range of Values:

Collateral Analytics

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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
Bahadu Shaka $27,000 First American Title
Agi Joldings & Investments $11,500 None Available
Brown Cindy Yeagins -- None Available
The Detroit Land Bank Authority -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $11,500 -23.3% --
04/21/2019 04/21/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $15,000 -- --
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 $60 $1,200 $0 $0
2024 $60 $800 $0 $0
2023 $62 $800 $0 $0
2022 $70 $800 $0 $0
2021 $70 $800 $0 $0
2020 $150 $1,700 $0 $0
2019 $18 $1,700 $0 $0
2018 $15 $200 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
2010 -- $350 $350 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kimberly Young

    Benjamin Management Group, Inc

    Section Image
  • Aaron Fox

    Buyer's Agent in 2019

    Aaron Fox

    Real Broker LLC Troy

    (248) 953-1465

    2 in this area

    136 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 219022968

Realcomp

APN: 21-059972

Michigan Wayne County Detroit 48215 Jefferson Chalmers

520 Philip St, Detroit, MI

This home is located at 520 Philip St, Detroit, MI 48215 since 19 March 2019 and is currently estimated at $72,667. 520 Philip St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, 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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