NOT LISTED FOR SALE

5263 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $59,000 - $76,000

3 Beds
1 Bath
1,108 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $39,900 $36 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $416/month

173 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage

About This Home

As of March 2020

This cozy 3 bedroom colonial has been recently updated with new siding and exterior paint, new entry & security doors, newly sanded hardwood floors, fresh paint, new fixtures in the kitchen and bath and other updated items.

Last Agent to Sell the Property

Jeremiah Cross

3DX Real Estate LLC Troy License #6501416815 Listed on: 07/31/2019

3DX Real Estate LLC Troy

Last Buyer's Agent

Jeremiah Cross

IPS Management LLC License #RCO-6501416815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,108 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Farmbrook Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W21I077498S

Home Details

Home Type

Single Family

Est. Annual Taxes

$773

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1942
  • State Equalized Value: 9300.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1108
  • Total Sq Ft: 1108
  • Sq Ft Total Bsmt: 554

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 48
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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

  • List Price per Acre: 266000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 48x133
  • Parcel Number: W21I077498S

Tax Info

  • Tax Amount Summer: 715.0000
  • Tax Amount Winter: 58.0000
  • Total Tax: 773.0000
  • Taxable Value: 6181.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Mar 6, 2020
Sold by
Trivium Capital Group Llc
Bought by
Justine Roxbury Llc
Seller's Agent
Jeremiah Cross
3DX Real Estate LLC Troy
Buyer's Agent
Jeremiah Cross
3DX Real Estate LLC Troy
List Price
$45,000
Sold Price
$39,900
Premium/Discount to List
-$5,100
-11.33%
Current Estimated Value
$65,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,674
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Trivium Capital Group Llc

Purchase Details

Closed on
Dec 7, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mastromatteo Maryrose

Purchase Details

Closed on
Aug 17, 2007
Sold by
Byron Alexander K and Gillies Kimberly E
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Justine Roxbury Llc $35,000 None Listed On Document
Trivium Capital Group Llc $1,525 None Available
Mastromatteo Maryrose $25,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $39,900 0.0% $36 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
10/24/2019 10/24/19 Price Changed $39,900 -11.3% $36 / Sq Ft
07/31/2019 07/31/19 For Sale $45,000 -- $41 / 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 $811 $35,700 $0 $0
2024 $811 $30,500 $0 $0
2023 $786 $22,800 $0 $0
2022 $830 $18,500 $0 $0
2021 $811 $14,600 $0 $0
2020 $811 $13,100 $0 $0
2019 $800 $11,200 $0 $0
2018 $716 $9,300 $0 $0
2017 $115 $9,500 $0 $0
2016 $774 $7,100 $0 $0
2015 $710 $7,100 $0 $0
2013 $784 $7,838 $0 $0
2010 -- $22,981 $1,280 $21,701
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeremiah Cross

    3DX Real Estate LLC Troy

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Map

Source: Realcomp

MLS Number: 219076446

Realcomp

APN: 21-077498

Michigan Wayne County Detroit 48224 Cornerstone Village

5263 University Place, Detroit, MI

This home is located at 5263 University Place, Detroit, MI 48224 since 31 July 2019 and is currently estimated at $65,574, approximately $59 per square foot. This property was built in 1942. 5263 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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