NOT LISTED FOR SALE

5487 Cecil St Detroit, MI 48210

Claytown Neighborhood

Estimated Value: $78,987 - $143,000

4 Beds
2 Baths
1,314 Sq Ft
$86/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $1,300 $1 Per Sq Ft

Est. 8,592% increase in value since last sale

Current estimated payment $714/month

61 Days on Market

About This Home

As of January 2016

MULTI FAMILY HOME, WITH 2-2 BEDROOM UNITS EACH WITH 1 FULL BATH, KITCHEN, LIVING ROOM, BASEMENT. PROPERTY IS BANK OWNED. PROPERTY TO BE SOLD AS IS, WHERE IS WITH ON WARRANTIES OR GUARANTEES. OFFERS WILL NOT BE REVIEWED UNTIL AFTER THE PROPERTY HAS BEEN LISTED FOR 8 DAYS. OFFERS/CONTRACTS ARE NOT BINDING UNTIL THE ENTIRE AGREEMENT IS EXECUTED BY ALL PARTIES.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group LLC License #MISPE-6502378429 Listed on: 10/16/2015

Last Buyer's Agent

Nabil Bader

Powell Real Estate License #MISPE-6501377703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 1924

Lot Details

  • 3,920

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2-Story Property
  • 3,920 Sq Ft Lot
  • Separate Meters
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 18012005.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,185

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1924
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1314

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water At Street
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 18012005.
  • Lot Dimensions: 30
  • Acreage: 0.09
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,177.00
  • Winter Tax: Year: 2014, Amount: $102.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Garcia-Nava Maria Guadalupe
Bought by
Garcia Juan Antonio
Current Estimated Value
$112,997

Purchase Details

Closed on
Apr 24, 2017
Sold by
Gutierrez Gutierrez Albino Albino
Bought by
Garcia Nava Maria Guadalupe

Purchase Details

Listed on
Oct 16, 2015
Closed on
Jan 28, 2016
Sold by
U S Bank National Association
Bought by
Gutierrez Albino
Seller's Agent
Albert Hakim
City Real Estate Group LLC
Buyer's Agent
Nabil Bader
Powell Real Estate
List Price
$1,300
Sold Price
$1,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.07%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Munoz Margarita and Figueroa Migdalia
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 23, 2003
Sold by
Munoz Margarita
Bought by
Munoz Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,450
Interest Rate
5.9%
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
Garcia Juan Antonio -- --
Garcia Nava Maria Guadalupe $5,000 None Available
Gutierrez Albino $1,300 E Title
U S Bank National Association $42,578 None Available
Munoz Margarita -- Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munoz Margarita $30,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $1,300 0.0% $1 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $1,300 -- $1 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,185 $29,000 $0 $0
2024 $1,185 $24,300 $0 $0
2023 $1,710 $19,100 $0 $0
2022 $1,224 $15,900 $0 $0
2021 $1,191 $14,400 $0 $0
2020 $1,191 $14,200 $0 $0
2019 $1,173 $11,600 $0 $0
2018 $1,033 $10,300 $0 $0
2017 $188 $9,900 $0 $0
2016 $1,311 $17,300 $0 $0
2015 $1,088 $17,300 $0 $0
2013 $1,054 $19,219 $0 $0
2010 -- $27,537 $457 $27,080
Source: Public Records

Agents Affiliated with this Home

  • Albert Hakim

    Seller's Agent in 2016

    Albert Hakim

    City Real Estate Group LLC

    (313) 800-7653

    90 Total Sales

    Albert Hakim
    Section Image

  • N

    Buyer's Agent in 2016

    Nabil Bader

    Powell Real Estate

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31267041

Michigan Multiple Listing Service

APN: 18-012005

Michigan Wayne County Detroit 48210 Claytown

5487 Cecil St, Detroit, MI

This home is located at 5487 Cecil St, Detroit, MI 48210 since 16 October 2015 and is currently estimated at $112,997, approximately $85 per square foot. This property was built in 1924. 5487 Cecil St is a home located in Wayne County with nearby schools including Priest Elementary-Middle School, 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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