NOT LISTED FOR SALE

5500 Marseilles St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $67,423 - $104,000

3 Beds
1.5 Baths
1,200 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $25,000 $21 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $536/month

43 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of July 2014

Three bedroom Brick bungalow off Chandler Park Drive near Balduck Park. Attractive home has fireplace in living room. Dining room. Newer furnace. Updated kitchen. Large upper bedroom with half bath. Also has land contract terms at $37,900 with $12,000 down. Seller will order city inspection. Purchaser to sign ACR.

Last Agent to Sell the Property

Rick Schwanitz

Villa Residential Realty Co License #6501241387 Listed on: 04/17/2014

Last Buyer's Agent

Anthony Bellanca

Golden Key Realty Group LLC License #6501370252

Golden Key Realty Group LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Fenced
  • Corner Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077590S

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1600
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1200
  • Sq Ft Total Bsmt: 821

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • 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 Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 310000.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x120
  • Parcel Number: W21I077590S

Rental Info

  • Deposit Amount: 12000.00

Tax Info

  • Tax Amount Summer: 2058.0000
  • Tax Amount Winter: 224.0000
  • Total Tax: 2282.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Sam Invest Llc
Bought by
Daintree Llc
Current Estimated Value
$83,606

Purchase Details

Closed on
Jan 20, 2017
Sold by
Real Bundle Investments & Cl Llc
Bought by
Grand Nleu Llc

Purchase Details

Closed on
Oct 26, 2016
Sold by
Real Bundle Investments & Rb Llc
Bought by
Real Bundle Investments & Cl Llc

Purchase Details

Closed on
Jan 22, 2016
Sold by
Real Bundle Investments & Rb Llc
Bought by
Real Bundle Investments & Cl Llc

Purchase Details

Listed on
Apr 17, 2014
Closed on
Aug 25, 2014
Sold by
Real Bundle Investments Llc
Bought by
Real Bundle Investments & Rb Llc
Seller's Agent
Rick Schwanitz
Villa Residential Realty Co
Buyer's Agent
Anthony Bellanca
Golden Key Realty Group LLC
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 17, 2014
Sold by
Poole Percilla
Bought by
Real Bundle Investments Llc
Seller's Agent
Rick Schwanitz
Villa Residential Realty Co
Buyer's Agent
Anthony Bellanca
Golden Key Realty Group LLC
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Massquoi Tamika
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Dec 3, 2004
Sold by
Michigan Land Contracts Inc
Bought by
Massquoi Tamika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.88%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 2004
Sold by
Lasalle Bank Na
Bought by
Anchor Capital Group Ltd

Purchase Details

Closed on
Jul 24, 2003
Sold by
Morgan Savalas
Bought by
Lasalle Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Daintree Llc $90,000 None Listed On Document
Daintree Llc $90,000 None Listed On Document
Grand Nleu Llc $52,260 None Available
Real Bundle Investments & Cl Llc $60,000 None Available
Real Bundle Investments & Cl Llc -- None Available
Real Bundle Investments & Rb Llc -- None Available
Real Bundle Investments Llc $25,000 Title Connect Llc
Wells Fargo Bank National Association $117,593 None Available
Massquoi Tamika $112,000 Summit Title
Anchor Capital Group Ltd $67,500 First American Title
Lasalle Bank Na $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massaquoi Tamika $89,600
Previous Owner Massaquoi Tamika $22,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2014 07/09/14 Sold $25,000 -10.4% $21 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $27,900 +402.7% $23 / Sq Ft
02/10/2012 02/10/12 Sold $5,550 +0.9% $6 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $5,500 -- $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 $3,278 $46,600 $0 $0
2024 $3,278 $40,200 $0 $0
2023 $1,004 $29,900 $0 $0
2022 $1,066 $23,100 $0 $0
2021 $1,064 $18,100 $0 $0
2020 $1,039 $16,300 $0 $0
2019 $1,024 $13,800 $0 $0
2018 $906 $12,400 $0 $0
2017 $161 $12,700 $0 $0
2016 $987 $16,500 $0 $0
2015 $1,650 $16,500 $0 $0
2013 $2,356 $23,564 $0 $0
2010 -- $34,548 $1,378 $33,170
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Schwanitz

    Villa Residential Realty Co

    Section Image
  • Anthony Bellanca

    Buyer's Agent in 2014

    Anthony Bellanca

    Golden Key Realty Group LLC

    (586) 944-3636

    1 in this area

    50 Total Sales

    Anthony Bellanca
    Section Image

  • R

    Seller's Agent in 2012

    Randall Eissa

    Villa Residential Realty Co.

    (313) 804-1399

    19 Total Sales

    Randall Eissa
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 214033302

Realcomp

APN: 21-077590

Michigan Wayne County Detroit 48224 Cornerstone Village

5500 Marseilles St, Detroit, MI

This home is located at 5500 Marseilles St, Detroit, MI 48224 since 17 April 2014 and is currently estimated at $83,606, approximately $69 per square foot. This property was built in 1939. 5500 Marseilles 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes