NOT LISTED FOR SALE

5215 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $78,000 - $106,157

2 Beds
1 Bath
828 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $32,798 $40 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $592/month

204 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • 1-Story Property

About This Home

As of November 2016

5215 University Pl - Clean brick bungalow has been well cared for and has room to grow with its expansion attic. Beautiful wood trimmed fireplace in the living room. Forced air heat and central air conditioning. Lots of additional space and a half bath (10X7) in the basement. Garage has a workshop extension. Great home looking for a nice owner.

Last Agent to Sell the Property

Randy Repicky

Real Estate One Grosse Pointe License #MISPE-6501251796 Listed on: 12/08/2015

Real Estate One Grosse Pointe

Co-Listed By

David Christiansen

Johnstone & Johnstone License #MISPE-6501392941

Last Buyer's Agent

Steven Edward

@Properties Detroit License #RCO-6501360542

@Properties Detroit

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x133

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Utilities

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

Community Details

  • Farmbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21077503.

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,210

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Year Built: 1940
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 11 x 10
  • Bedroom 2: On Entry Level, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Below Grade Bedrooms: 1
  • Bathroom 1: Dimensions: 9 x 7, On Level: Entry
  • Room Types: First Floor Bedroom, First Flr Primary Bedroom, Living Room
  • Breakfast Nook: On Entry Level, Dimensions: 11 x 7
  • Kitchen: On Entry Level, Dimensions: 11 x 8
  • Living Room: On Entry Level, Dimensions: 15 x 12
  • Below Grade Sq Ft: 828
  • Above Grade Finished Sq Ft: 828
  • Total Finished Sq Ft: 828

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 48

Garage/Parking

  • Garage: Detached Garage, Workshop
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessments: 240
  • Assessments: Yes
  • Assessor Parcel Number: 21077503.
  • Zoning: Residential
  • Lot Dimensions: 48x133
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $1,488.00
  • Winter Tax: Year: 2014, Amount: $193.00
  • Taxable Value: 15900
  • SEV Year: 2015

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Nov 3, 2016
Sold by
Dewaelshe Robert
Bought by
Ketelhut Sean R
Seller's Agent
Randy Repicky
Real Estate One Grosse Pointe
Buyer's Agent
Steven Edward
@Properties Detroit
List Price
$39,000
Sold Price
$32,798
Premium/Discount to List
-$6,202
-15.9%
Current Estimated Value
$92,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,991
Avg. Annual Appreciation
12.32%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Dewaelsche Water J and Dewaelsche Elizagbeth Rushamah
Bought by
Walter J Dewaelsche and Walter Elizabethr Dewae
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
Ketelhut Sean R $32,797 Fidelity National Title
Walter J Dewaelsche -- Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $32,798 -6.0% $40 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
05/27/2016 05/27/16 Price Changed $34,900 -10.5% $42 / Sq Ft
05/27/2016 05/27/16 For Sale $39,000 0.0% $47 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $39,000 -- $47 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,210 $49,600 $0 $0
2024 $1,210 $42,800 $0 $0
2023 $1,173 $32,100 $0 $0
2022 $240 $0 $0 $0
2021 $120 $0 $0 $0
2020 $1,238 $17,800 $0 $0
2019 $1,349 $15,400 $0 $0
2018 $1,040 $13,600 $0 $0
2017 $264 $13,900 $0 $0
2016 $1,441 $15,900 $0 $0
2015 $1,590 $15,900 $0 $0
2013 $2,260 $22,604 $0 $0
2010 -- $33,141 $1,280 $31,861
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Randy Repicky

    Real Estate One Grosse Pointe

    Section Image

  • D

    Seller Co-Listing Agent in 2016

    David Christiansen

    Johnstone & Johnstone

  • Steven Edward

    Buyer's Agent in 2016

    Steven Edward

    @Properties Detroit

    (313) 230-0510

    29 Total Sales

    Steven Edward
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31272803

Michigan Multiple Listing Service

APN: 21-077503

Michigan Wayne County Detroit 48224 Cornerstone Village

5215 University Place, Detroit, MI

This home is located at 5215 University Place, Detroit, MI 48224 since 08 December 2015 and is currently estimated at $92,789, approximately $112 per square foot. This property was built in 1940. 5215 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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