NOT LISTED FOR SALE

541 Tennessee St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $73,510 - $117,000

3 Beds
1.5 Baths
890 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $13,500 $15 Per Sq Ft

Est. 616% increase in value since last sale

Current estimated payment $590/month

21 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of October 2016

1 story ranch with 3 bedroom 1 bath and unfinished basement. Prime investment opportunity. Rehabbed in 2013. New Furnace and Hot water tank in 2016. Currently tenanted. Preforming at a rate $500/mo. Long term tenant that wants to stay.

Last Agent to Sell the Property

Greg White

Imagine Home Realty License #6501358183 Listed on: 09/20/2016

Last Buyer's Agent

Greg White

Imagine Home Realty License #6501358183 Listed on: 09/20/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 36.00x100.00

Parking

  • 1 Car Garage

Home Design

  • 890 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Grosse Pointe Lands Cos No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I045906S

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 890
  • Total Sq Ft: 890
  • Sq Ft Total Bsmt: 890

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 36
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 187500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 36.00X100.00
  • Parcel Number: W21I045906S

Tax Info

  • Tax Amount Summer: 527.0000
  • Tax Amount Winter: 37.0000
  • Total Tax: 564.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Dec 23, 2015
Sold by
Vanhen Investments Llc
Bought by
Morcillo Pedro Langa and Maringa Clarys Kimputu
Seller's Agent
Greg White
Imagine Home Realty
Buyer's Agent
Greg White
Imagine Home Realty
List Price
$19,200
Sold Price
$19,200
Current Estimated Value
$96,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,428
Avg. Annual Appreciation
16.98%

Purchase Details

Listed on
Sep 4, 2013
Closed on
Sep 20, 2013
Sold by
3429 Holdings Llc
Bought by
Vanhen Investments Llc
Seller's Agent
Greg White
Imagine Home Realty
Buyer's Agent
Greg White
Imagine Home Realty
List Price
$11,500
Sold Price
$11,000
Premium/Discount to List
-$500
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.95%

Purchase Details

Listed on
Sep 4, 2013
Closed on
Aug 26, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
3429 Holdings Llc
Seller's Agent
Greg White
Imagine Home Realty
Buyer's Agent
Greg White
Imagine Home Realty
List Price
$11,500
Sold Price
$11,000
Premium/Discount to List
-$500
-4.35%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 14, 2011
Sold by
Walker Robert L
Bought by
Jp Morgan Chase Bank National Associatio

Purchase Details

Closed on
Aug 29, 2006
Sold by
Lacy Felecia M
Bought by
Walker Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,667
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2003
Sold by
Gillam Tashika and Gillam Tacuma N
Bought by
Lacy Felecia M
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
Morcillo Pedro Langa $19,200 Abstract Title Agency
Vanhen Investments Llc $11,000 Michigan Title Insurance Age
3429 Holdings Llc $5,801 None Available
The Secretary Of Housing & Urban Develop -- None Available
Jp Morgan Chase Bank National Associatio $96,141 None Available
Walker Robert L $45,000 Metropolitan Title Company
Lacy Felecia M -- --
Lacy Felecia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Robert L $74,054
Previous Owner Walker Robert L $73,667
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2016 10/27/16 Sold $13,500 -10.0% $15 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $15,000 -21.9% $17 / Sq Ft
12/23/2015 12/23/15 Sold $19,200 0.0% $22 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $19,200 +74.5% $22 / Sq Ft
09/20/2013 09/20/13 Sold $11,000 -4.3% $12 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $11,500 +98.2% $13 / Sq Ft
08/28/2013 08/28/13 Sold $5,801 0.0% $6 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $5,800 -- $6 / 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 $758 $12,900 $0 $0
2024 $758 $11,400 $0 $0
2023 $734 $8,455 $0 $0
2022 $775 $10,300 $0 $0
2021 $757 $8,800 $0 $0
2020 $757 $8,300 $0 $0
2019 $747 $5,760 $0 $0
2018 $671 $5,600 $0 $0
2017 $106 $5,600 $0 $0
2016 $569 $3,900 $0 $0
2015 $390 $3,900 $0 $0
2013 $457 $4,574 $0 $0
2010 -- $6,707 $414 $6,293
Source: Public Records

Agents Affiliated with this Home

  • Greg White

    Seller's Agent in 2016

    Greg White

    Imagine Home Realty

    (313) 456-9898

    203 Total Sales

    Greg White
    Section Image

  • J

    Seller's Agent in 2013

    Jeahad Kadaf

    Heights Realty Group

    (313) 558-0508

    Jeahad Kadaf
    Section Image
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Map

Source: Realcomp

MLS Number: 216093481

Realcomp

APN: 21-045906

Michigan Wayne County Detroit 48215 Jefferson Chalmers

541 Tennessee St, Detroit, MI

This home is located at 541 Tennessee St, Detroit, MI 48215 since 20 September 2016 and is currently estimated at $96,628, approximately $108 per square foot. This property was built in 1946. 541 Tennessee St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, 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.

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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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