NOT LISTED FOR SALE

5242 Bedford St Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $154,000 - $169,000

4 Beds
2 Baths
1,543 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $145,000 $94 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,044/month

7 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Brick bungalow with many updates. Single family or 2 two family home. Updated lower kitchen and new windows in 2022. Newer flooring throughout vinyl plank flooring and carpet in lower level and refinished hardwood floor upstairs. Upper and lower front porches. Brand new custom blinds throughout. Move in ready.

Last Agent to Sell the Property

Jim McKee

Champion Property Management Inc License #MISPE-6502133192 Listed on: 07/28/2023

Champion Property Management Inc

Last Buyer's Agent

Alexander Hoffman

Century 21 Trophy Class License #WMLAR-6501438595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 117

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Vinyl Trim
  • Cedar

Interior Spaces

  • 1,543 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Block Basement Construction

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Community Details

  • East Detroit Dev Cos Sub 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21070817.

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,098

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 1/2 Story
  • Total Tax Amount: 1098
  • Total Tax Year: 2022
  • Year Built: 1940
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 13 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 11 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 11 x 9
  • Bedroom 4 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 7, On Level: Main, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 7, On Level: Second, Flooring: Ceramic
  • Dining Room: On Main Floor, Dimensions: 12 x 11
  • Dining Room Floor Covering: Vinyl
  • Kitchen: On Main Floor, Dimensions: 11 x 9
  • Kitchen Floor Covering: Vinyl
  • Library Den: On 2nd Floor, Dimensions: 16 x 11
  • Library Den Floor Covering: Wood
  • Living Room: On Main Floor, Dimensions: 15 x 11
  • Living Room Floor Covering: Vinyl
  • Sitting Room: On 2nd Floor, Dimensions: 11 x 9
  • Sitting Room Floor Covering: Wood
  • Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 1543
  • Total Finished Sq Ft: 1543

Exterior Features

  • Exterior: Brick, Cedar, Vinyl Trim
  • Exterior Features: Exterior Balcony, Porch
  • Foundation: Basement
  • Frontage: 40

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: 21070817.
  • Zoning: Multi-Family, Residential
  • Lot Dimensions: 40 x 117
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,006.00
  • Winter Tax: Year: 2022, Amount: $92.00
  • Total Tax: Year: 2022, Amount: $1,098.00

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 15, 2023
Sold by
Mckee James T
Bought by
Thompson Susan
Seller's Agent
Jim McKee
Champion Property Management Inc
Buyer's Agent
Alexander Hoffman
Century 21 Trophy Class
List Price
$145,000
Sold Price
$145,000
Views
32
Current Estimated Value
$162,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,168
Avg. Annual Appreciation
4.34%
Original Mortgage
$137,750
Outstanding Balance
$135,527
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$21,658

Purchase Details

Closed on
Apr 28, 1995
Sold by
Bogenn Brian
Bought by
Mckee Group
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
Thompson Susan $145,000 None Listed On Document
Mckee Group $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Susan $137,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $145,000 0.0% $94 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $145,000 -- $94 / 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 $1,870 $47,800 $0 $0
2024 $1,870 $21,500 $0 $0
2023 $1,033 $17,000 $0 $0
2022 $1,098 $15,200 $0 $0
2021 $1,070 $12,300 $0 $0
2020 $1,069 $11,400 $0 $0
2019 $1,154 $10,200 $0 $0
2018 $1,032 $9,500 $0 $0
2017 $167 $8,800 $0 $0
2016 $1,229 $14,300 $0 $0
2015 $996 $14,300 $0 $0
2013 $1,721 $19,308 $0 $0
2010 -- $28,308 $1,321 $26,987
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jim McKee

    Champion Property Management Inc

    (586) 979-3309

    1 in this area

    17 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Alexander Hoffman

    Century 21 Trophy Class

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50116902

Michigan Multiple Listing Service

APN: 21-070817

Michigan Wayne County Detroit 48224 Morningside

5242 Bedford St, Detroit, MI

This home is located at 5242 Bedford St, Detroit, MI 48224 since 28 July 2023 and is currently estimated at $160,177, approximately $103 per square foot. This property was built in 1940. 5242 Bedford St is a home located in Wayne County with nearby schools including Ronald Brown Academy, 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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