T
Seller's Agent in 2024
Tracy Petersen
Elite Realty
550 Josephine St Detroit, MI 48202
North End NeighborhoodEstimated Value: $170,000 - $313,000
3
Beds
1.5
Baths
1,364
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Patio
- Cass Technical High School Rated 10
- Porch
- Forced Air Heating and Cooling System
About This Home
As of May 2024Detroit now has another stunning home to add to its incredible revival. Located in the North End as part of the Woodward Corridor, you will discover the perfect blend of classic charm and urban chic at 550 Josephine St. Renovated from the ground up, this 3-bed, 1.5-bath gem boasts all-new heating, central air, plumbing, a new sewer line, electrical, and stainless-steel appliances. Freshly painted inside and out, it's a canvas for your dreams. The extra-wide lot is a rare find in Detroit. Enjoy added deck space, a new front porch, updated landscaping, and all new windows . On the outside, it retains its classic Detroit Victorian Colonial look, while inside, it's a testament to urban classic design
Last Agent to Sell the Property
Tracy Petersen
Elite Realty License #6506047844 Listed on: 05/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,065
Year Built
- Built in 1911
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 49x124
- Back Yard Fenced
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2-Story Property
- Insulated Windows
Kitchen
- Built-In Gas Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2024
Closed on
May 24, 2024
Sold by
Starla Properties Llc
Bought by
Lavalla Jason and Lavalla Megan
Seller's Agent
Tracy Petersen
Elite Realty
List Price
$289,000
Sold Price
$276,000
Premium/Discount to List
-$13,000
-4.5%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,047
Avg. Annual Appreciation
-10.43%
Original Mortgage
$176,000
Outstanding Balance
$173,969
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$65,984
Purchase Details
Listed on
Jun 18, 2018
Closed on
Aug 8, 2018
Sold by
Tyste Holdings Llc
Bought by
Atarla Properties Llc
Seller's Agent
Darin Mcleskey
Denovo Real Estate
Buyer's Agent
Lobna Hanoneh
Anthony Djon Luxury Real Estate
List Price
$70,000
Sold Price
$37,500
Premium/Discount to List
-$32,500
-46.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.16%
Purchase Details
Closed on
Apr 3, 2017
Sold by
Community Housing Assistance Partnership
Bought by
Tyste Holdings Llc
Purchase Details
Closed on
Dec 30, 2016
Sold by
New North Llc
Bought by
Community Housing Assistance Partnership
Purchase Details
Closed on
Dec 27, 2016
Sold by
New North Llc
Bought by
Community Housing Assistance Partnership
Purchase Details
Closed on
Oct 27, 2016
Sold by
Sabree Eridc R
Bought by
Tyste Holding Llc
Purchase Details
Closed on
Jun 26, 2002
Sold by
Allen Susie
Bought by
Simmond Dwayne I
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lavalla Jason | $276,000 | None Listed On Document | |
| Atarla Properties Llc | $37,500 | Ms Title Agency Llc | |
| Starla Properties Llc | -- | None Available | |
| Tyste Holdings Llc | -- | None Available | |
| Community Housing Assistance Partnership | -- | None Available | |
| Community Housing Assistance Partnership | $45,000 | None Available | |
| New North Llc | -- | None Available | |
| Tyste Holding Llc | $9,856 | None Available | |
| Simmond Dwayne I | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lavalla Jason | $176,000 | |
| Closed | Lavalla Jason | $176,000 | |
| Previous Owner | New North Llc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $276,000 | -4.5% | $202 / Sq Ft |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $289,000 | +670.7% | $212 / Sq Ft |
| 08/09/2018 08/09/18 | Sold | $37,500 | -31.8% | $27 / Sq Ft |
| 06/26/2018 06/26/18 | Price Changed | $55,000 | -21.4% | $40 / Sq Ft |
| 06/18/2018 06/18/18 | For Sale | $70,000 | -- | $51 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,225 | $56,400 | $0 | $0 |
| 2024 | $1,225 | $46,300 | $0 | $0 |
| 2023 | $1,189 | $33,500 | $0 | $0 |
| 2022 | $1,266 | $21,300 | $0 | $0 |
| 2021 | $1,232 | $15,100 | $0 | $0 |
| 2020 | $1,232 | $14,300 | $0 | $0 |
| 2019 | $1,213 | $11,000 | $0 | $0 |
| 2018 | $1,079 | $10,900 | $0 | $0 |
| 2017 | $207 | $10,900 | $0 | $0 |
| 2016 | $637 | $26,800 | $0 | $0 |
| 2015 | $560 | $5,600 | $0 | $0 |
| 2013 | $562 | $5,916 | $0 | $0 |
| 2010 | -- | $7,846 | $843 | $7,003 |
Source: Public Records
Agents Affiliated with this Home
-
-
Darin Mcleskey
Seller's Agent in 2018
Darin Mcleskey
Denovo Real Estate
(313) 769-8164
8 in this area
58 Total Sales
-
L
Buyer's Agent in 2018
Lobna Hanoneh
Anthony Djon Luxury Real Estate
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24021770
APN: 03-002458
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