$61,000 - $71,000
RENTED DEC 9, 2024

5298 Marseilles St Detroit, MI 48224

Cornerstone Village Neighborhood
2 Beds
1 Bath
762 Sq Ft
$87 Price per Sq Ft

Last Sold November 02, 2022

Last sale price $55,000 $72 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $491/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Covered Patio or Porch
  • Dogs and Cats Allowed

About This Home

As of December 2024

Inviting ranch home located South of Chandler Park and East of Cadieux. This home features a covered front porch, beautiful hardwood floors throughout, spacious living room, dining room, two good sized bedrooms, and an unfinished basement. Please note Section 8 is accepted, and pets are welcome with a 250 pet deposit.

Last Agent to Rent the Property

Mark Hutter

Metro Detroit Property Management License #3602354450 Listed on: 10/29/2024

Last Renter's Agent

Mark Hutter

Metro Detroit Property Management License #3602354450 Listed on: 10/29/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1939

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 103.00

Home Design

  • 762 Sq Ft Home
  • Ranch Style House
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • Ground Level
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Security Deposit $895
  • 12 Month Lease Term
  • Assessor Parcel Number W21I077587S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,595

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 895.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1939
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call, Cats OK, Dogs OK, Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 762
  • Total Sq Ft: 762
  • Sq Ft Total Bsmt: 762

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 20.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 103.00
  • Parcel Number: W21I077587S

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Oct 31, 2022
Sold by
Perfect Property Solutions Llc
Bought by
Jjw Investments Llc
Seller's Agent
Kristal Covington
Assets Realty Group, LLC
Buyer's Agent
Kristal Covington
Kristal Covington
List Price
$55,000
Sold Price
$55,000
Views
38
Current Estimated Value
$66,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,317
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Sep 11, 2015
Sold by
Weeks Dana
Bought by
Fair Haven Rental Properties Llc

Purchase Details

Closed on
Mar 9, 2015
Sold by
Fannie Mae
Bought by
Weeks Dana

Purchase Details

Closed on
Mar 26, 2014
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 20, 2014
Sold by
Mitchell Melanie Jane and Mitchell Jane
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
May 17, 1994
Sold by
Kalkhoff Michael J
Bought by
Melanie J Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,165
Interest Rate
8.58%
Mortgage Type
FHA
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
Jjw Investments Llc $53,500 Regions Title
Fair Haven Rental Properties Llc $90,000 First American Title Ins Co
Weeks Dana $2,450 First American Title Ins Co
Fannie Mae -- None Available
Green Tree Servicing Llc $53,961 None Available
Melanie J Mitchell $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melanie J Mitchell $21,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Rented $895 0.0% --
11/12/2024 11/12/24 Under Contract -- -- --
10/29/2024 10/29/24 For Rent $895 0.0% --
11/02/2022 11/02/22 Sold $55,000 -8.3% $72 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $60,000 +9.1% $79 / Sq Ft
09/05/2022 09/05/22 For Sale $55,000 +2100.0% $72 / Sq Ft
05/29/2015 05/29/15 Sold $2,500 -75.0% $3 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $10,000 -- $13 / 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 $1,595 $26,700 $0 $0
2024 $1,595 $22,800 $0 $0
2023 $1,549 $17,000 $0 $0
2022 $732 $13,600 $0 $0
2021 $716 $10,700 $0 $0
2020 $715 $9,600 $0 $0
2019 $707 $8,300 $0 $0
2018 $636 $6,800 $0 $0
2017 $96 $6,900 $0 $0
2016 $685 $12,300 $0 $0
2015 $1,230 $12,300 $0 $0
2013 $1,512 $17,459 $0 $0
2010 -- $25,598 $970 $24,628
Source: Public Records

Agents Affiliated with this Home

  • Mark Hutter

    Landlord's Agent in 2024

    Mark Hutter

    Metro Detroit Property Management

    (734) 469-4607

    3 in this area

    258 Total Sales

    Mark Hutter
    Section Image

  • K

    Seller's Agent in 2022

    Kristal Covington

    Assets Realty Group, LLC

    Section Image

  • C

    Seller's Agent in 2015

    Cal Fowler

    Fowler Real Estate

    (248) 589-2100

    74 Total Sales

    Cal Fowler
    Section Image
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Map

Source: Realcomp

MLS Number: 20240081775

Realcomp

APN: 21-077587

Michigan Wayne County Detroit 48224 Cornerstone Village

5298 Marseilles St, Detroit, MI

This home is located at 5298 Marseilles St, Detroit, MI 48224 since 29 October 2024 and is currently priced at $66,317. This property was built in 1939. 5298 Marseilles St 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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