NOT LISTED FOR SALE

5462 Parker St Detroit, MI 48213

Gratiot Town-Kettering Neighborhood

Estimated Value: $57,043 - $96,000

3 Beds
1 Bath
1,444 Sq Ft
$54/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $18,000 $12 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $511/month

1 Day on Market

Highlights

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

About This Home

As of June 2023

East Side Detroit colonial located in the Gratiot Town Neighborhood. Walk to the end of the block and see the Detroit skyline, minutes from Downtown. Near Pingree Park, The Villages, Eastern Market, etc. Features newer windows. Tons of potential. BUYER TO PAY $495 PROCESSING FEE TO LISTING BROKER

Last Agent to Sell the Property

Mikhail Grigoryan

Detroit Progress Realty LLC License #6502425564 Listed on: 05/18/2023

Last Buyer's Agent

Mike Hakim

EXP Realty Main License #6501437407

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 110.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt

Interior Spaces

  • 1,444 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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Youngblood Casgrain & Cullens Subdivision

Listing and Financial Details

  • Assessor Parcel Number W17I008902S

Home Details

Home Type

Single Family

Est. Annual Taxes

$390

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1910
  • State Equalized Value: 11900.0000
  • Entry Location: Ground Level w/Steps
  • 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: 1444
  • Total Sq Ft: 1444
  • Sq Ft Total Bsmt: 684

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Asphalt
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 250000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 110.00
  • Parcel Number: W17I008902S

Tax Info

  • Tax Amount Summer: 370.0000
  • Tax Amount Winter: 20.0000
  • Total Tax: 390.0000
  • Taxable Value: 2137.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 2, 2023
Sold by
Lgaf Llc
Bought by
Cove Investment Group Llc
Seller's Agent
Mikhail Grigoryan
Detroit Progress Realty LLC
Buyer's Agent
Mike Hakim
EXP Realty Main
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%
Views
10
Current Estimated Value
$69,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,433
Avg. Annual Appreciation
81.45%

Purchase Details

Closed on
Oct 7, 2022
Sold by
Westbrook Investments Group Llc
Bought by
Cove Investment Group Llc

Purchase Details

Closed on
Oct 6, 2022
Sold by
Wayne County Treasurer
Bought by
Westbrook Investments Group Llc
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
Cove Investment Group Llc $18,000 None Listed On Document
Cove Investment Group Llc -- None Listed On Document
Westbrook Investments Group Llc $5,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $18,000 -10.0% $12 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $20,000 -- $14 / 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 $1,598 $21,700 $0 $0
2024 $1,598 $17,900 $0 $0
2023 $413 $14,100 $0 $0
2022 $427 $11,900 $0 $0
2021 $421 $9,500 $0 $0
2020 $421 $9,900 $0 $0
2019 $417 $8,000 $0 $0
2018 $391 $6,900 $0 $0
2017 $36 $7,700 $0 $0
2016 $409 $2,000 $0 $0
2015 $200 $2,000 $0 $0
2013 $219 $2,187 $0 $0
2010 -- $3,206 $355 $2,851
Source: Public Records

Agents Affiliated with this Home

  • Mikhail Grigoryan

    Seller's Agent in 2023

    Mikhail Grigoryan

    Detroit Progress Realty LLC

    (313) 888-6060

    2 in this area

    378 Total Sales

    Section Image
  • Mike Hakim

    Buyer's Agent in 2023

    Mike Hakim

    EXP Realty Main

    (313) 652-9488

    1 in this area

    46 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20230038833

Realcomp

APN: 17-008902

Michigan Wayne County Detroit 48213 Gratiot Town-Kettering

5462 Parker St, Detroit, MI

This home is located at 5462 Parker St, Detroit, MI 48213 since 18 May 2023 and is currently estimated at $78,011, approximately $54 per square foot. This property was built in 1910. 5462 Parker St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Southeastern High 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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