NOT LISTED FOR SALE

Fort Shelby Residences 525 W Lafayette Blvd Unit 19C Detroit, MI 48226

Downtown Detroit Neighborhood

Estimated Value: $324,000 - $337,000

1 Bed
1 Bath
929 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 525 W Lafayette Blvd Unit 19C, Detroit, MI 48226 and is currently estimated at $330,894, approximately $356 per square foot. 525 W Lafayette Blvd Unit 19C is a home located in Wayne County with nearby schools including Burton International Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2019
Sold by
Lee Francis
Bought by
Drabble Llc
Current Estimated Value
$403,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2019
Sold by
Drabble Llc
Bought by
Lee Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2018
Sold by
Lee Francis
Bought by
Drabble Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Drabble Llc -- None Available
Lee Francis -- First Title And Escrow Inc
Drabble Llc -- First American Title
Lee Francis $279,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez-Caldera Luis E $80,000
Previous Owner Lee Francis $205,000
Previous Owner Lee Francis $209,250
Source: Public Records

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 $1,716 $22,500 $0 $0
2024 $1,716 $22,500 $0 $0
2023 $1,753 $22,500 $0 $0
2022 $1,988 $22,500 $0 $0
2021 $1,985 $22,500 $0 $0
2020 $11,367 $136,500 $0 $0
2019 $9,434 $103,600 $0 $0
Source: Public Records

About Fort Shelby Residences

Map

Michigan Wayne County Detroit 48226 Downtown Detroit

525 W Lafayette Blvd Unit 19C, Detroit, MI

This home is located at 525 W Lafayette Blvd Unit 19C, Detroit, MI 48226 and is currently estimated at $330,894, approximately $356 per square foot. 525 W Lafayette Blvd Unit 19C is a home located in Wayne County with nearby schools including Burton International Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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