NOT LISTED FOR SALE

5327 Ivanhoe St Detroit, MI 48204

Tireman Neighborhood

Estimated Value: $62,357 - $92,000

5 Beds
1 Bath
1,506 Sq Ft
$53/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $5,500 $4 Per Sq Ft

Est. 1,338% increase in value since last sale

Current estimated payment $489/month

56 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Covered Patio or Porch

About This Home

As of August 2020

Calling all investors! Don't miss your opportunity to renovate this five bedroom property into your next rental investment. Located in the middle of the opportunity zone, this property can provide you with enough positive cash flow to last you a lifetime. Located eight minutes from downtown. Located close to all major shopping and freeways.

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 06/04/2020

Keller Williams Realty-Great Lakes

Co-Listed By

David Rabior

Clyde Realty LLC License #6501406276

Last Buyer's Agent

Tami Jo Schuetzler

RE/MAX Leading Edge License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x120.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,506 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Security Land Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I002943S

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1917
  • State Equalized Value: 5310.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 5
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1506
  • Total Sq Ft: 1506
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric, 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: 100000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X120.00
  • Parcel Number: W16I002943S

Tax Info

  • Tax Amount Summer: 660.0000
  • Tax Amount Winter: 50.0000
  • Total Tax: 710.0000
  • Taxable Value: 5310.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 12, 2020
Sold by
Taproot Homes Llc
Bought by
Thompson Joseph
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Tami Jo Schuetzler
RE/MAX Leading Edge
List Price
$17,900
Sold Price
$5,500
Premium/Discount to List
-$12,400
-69.27%
Current Estimated Value
$79,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,589
Avg. Annual Appreciation
69.36%

Purchase Details

Closed on
Aug 6, 2018
Sold by
Smits Matthew
Bought by
Tarproot Homes Llc

Purchase Details

Listed on
Oct 5, 2017
Closed on
Jan 19, 2018
Sold by
Stipe Tyler
Bought by
Smits Matthew
Seller's Agent
Tyler Stipe
RE/MAX Platinum
Buyer's Agent
Tyler Stipe
RE/MAX Platinum
List Price
$11,900
Sold Price
$4,800
Premium/Discount to List
-$7,100
-59.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.44%

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 16, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Stipe Tyler
Seller's Agent
Steve Katsaros
KW Metro
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$900
Sold Price
$900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.07%

Purchase Details

Closed on
Mar 22, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Secretary Of Housing & Urban Development
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
Thompson Joseph $5,500 Regions Title Agency Llc
Tarproot Homes Llc -- None Available
Smits Matthew $4,800 None Available
Stipe Tyler $900 Select Title Agency
Secretary Of Housing & Urban Development $6,607 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $5,500 -31.3% $4 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $8,000 -55.3% $5 / Sq Ft
06/04/2020 06/04/20 For Sale $17,900 +272.9% $12 / Sq Ft
01/19/2018 01/19/18 Sold $4,800 -59.7% $2 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
10/05/2017 10/05/17 For Sale $11,900 +1222.2% $5 / Sq Ft
08/19/2016 08/19/16 Sold $900 0.0% $1 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $900 -- $1 / 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 $702 $12,500 $0 $0
2024 $702 $10,900 $0 $0
2023 $680 $8,265 $0 $0
2022 $716 $7,300 $0 $0
2021 $700 $5,270 $0 $0
2020 $718 $5,400 $0 $0
2019 $710 $5,310 $0 $0
2018 $687 $5,800 $0 $0
2017 $114 $6,000 $0 $0
2016 $932 $20,100 $0 $0
2015 $50 $500 $0 $0
2013 $924 $15,273 $0 $0
2010 -- $21,883 $527 $21,356
Source: Public Records

Agents Affiliated with this Home

  • Erick Monzo

    Seller's Agent in 2020

    Erick Monzo

    Keller Williams Realty-Great Lakes

    (586) 210-3350

    5 in this area

    1,882 Total Sales

    Erick Monzo
    Section Image
  • David Rabior

    Seller Co-Listing Agent in 2020

    David Rabior

    Clyde Realty LLC

    (586) 329-8618

    2 in this area

    361 Total Sales

    David Rabior
    Section Image
  • Tyler Stipe

    Seller's Agent in 2018

    Tyler Stipe

    RE/MAX Michigan

    (734) 604-6450

    67 Total Sales

    Tyler Stipe
    Section Image
  • Steve Katsaros

    Seller's Agent in 2016

    Steve Katsaros

    KW Metro

    (248) 229-4663

    69 Total Sales

    Steve Katsaros
    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

See All Agents

Map

Source: Realcomp

MLS Number: 2200040261

Realcomp

APN: 16-002943

Michigan Wayne County Detroit 48204 Tireman

5327 Ivanhoe St, Detroit, MI

This home is located at 5327 Ivanhoe St, Detroit, MI 48204 since 04 June 2020 and is currently estimated at $79,089, approximately $52 per square foot. This property was built in 1917. 5327 Ivanhoe St is a home located in Wayne County with nearby schools including Sampson-Webber Leadership Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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