NOT LISTED FOR SALE

5344 Hereford St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $46,000 - $87,000

3 Beds
1 Bath
932 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $42,000 $45 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $457/month

83 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • 1-Story Property
  • Cass Technical High School Rated 10
  • Bungalow
  • Forced Air Heating System

About This Home

As of September 2024

Long term tenant that wants to stay. The current rent is $700 well below the market rate. Right off of beautiful Chandler Park Dr, quiet tree lined street. This would make a great investment or first time home purchase. The current tenant is month-to-month. Please do not disturb the tenant. The buyer will pay a $495 transaction fee to Downtown Realty. The buyer will receive a warranty deed, clear title, and title insurance.

Last Agent to Sell the Property

Guy Gailliard

Realtyflo Inc License #6501384815 Listed on: 06/01/2024

Last Buyer's Agent

Andreina Mendoza-Herrera

RE/MAX Leading Edge License #6501429127

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50.00 x 166.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Grosse Pointe Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077105S

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 240.00
  • Year Built: 1941
  • State Equalized Value: 29900.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 932
  • Total Sq Ft: 932
  • Sq Ft Total Bsmt: 746

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • 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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 50.00 x 166.00
  • Parcel Number: W21I077105S

Tax Info

  • Tax Amount Summer: 859.0000
  • Tax Amount Winter: 76.0000
  • Total Tax: 935.0000
  • Taxable Value: 8037.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Aug 30, 2024
Sold by
Kazi Manzoor
Bought by
Growth Real Estate Llc
Seller's Agent
Guy Gailliard
Realtyflo Inc
Buyer's Agent
Andreina Mendoza-Herrera
RE/MAX Leading Edge
List Price
$55,000
Sold Price
$42,000
Premium/Discount to List
-$13,000
-23.64%
Views
38
Current Estimated Value
$71,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,998
Avg. Annual Appreciation
85.63%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Claphan Timothy M
Bought by
The Cit Group/Consumer Finance Inc
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
Growth Real Estate Llc $42,000 Now Title Agency
The Cit Group/Consumer Finance Inc $81,497 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $42,000 -16.0% $45 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $50,000 -9.1% $54 / Sq Ft
06/01/2024 06/01/24 For Sale $55,000 -- $59 / 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 $886 $46,900 $0 $0
2024 $886 $40,100 $0 $0
2023 $859 $29,900 $0 $0
2022 $909 $23,600 $0 $0
2021 $887 $18,600 $0 $0
2020 $937 $16,800 $0 $0
2019 $875 $14,200 $0 $0
2018 $779 $12,800 $0 $0
2017 $130 $13,000 $0 $0
2016 $845 $8,000 $0 $0
2015 $800 $8,000 $0 $0
2013 $2,175 $21,752 $0 $0
2010 -- $31,891 $1,235 $30,656
Source: Public Records

Agents Affiliated with this Home

  • Guy Gailliard

    Seller's Agent in 2024

    Guy Gailliard

    Realtyflo Inc

    (313) 315-3209

    1 in this area

    226 Total Sales

    Guy Gailliard
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Map

Source: Realcomp

MLS Number: 20240037920

Realcomp

APN: 21-077105

Michigan Wayne County Detroit 48224 Cornerstone Village

5344 Hereford St, Detroit, MI

This home is located at 5344 Hereford St, Detroit, MI 48224 since 01 June 2024 and is currently estimated at $71,998, approximately $77 per square foot. This property was built in 1941. 5344 Hereford 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
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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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