NOT LISTED FOR SALE

5517 Ridgewood St Detroit, MI 48204

Tireman Neighborhood

Estimated Value: $50,785 - $86,000

2 Beds
1.5 Baths
1,300 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $2,500 $2 Per Sq Ft

Est. 2,498% increase in value since last sale

Current estimated payment $426/month

7 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Bungalow
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2014

Great home for investors and 1st time buyers. This 2 bedroom brick bungalow is priced to sell and is just waiting for a buyer to move in. All measurements are approx. Property being sold "As-Is" and is subject to HUD Guidelines 24 CFR 206.125. Buyer to pay for city inspection, which is non-refundable.

Last Agent to Sell the Property

Robert Kabbani

Keller Williams Legacy License #6506045187 Listed on: 05/23/2014

Keller Williams Legacy

Last Buyer's Agent

Davida Depowski

Century 21 Curran & Oberski License #6501229994

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x120.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Dailey Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I004288S

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1921
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2300
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1300
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

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

  • Homestead: Yes
  • List Price per Acre: 25000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X120.00
  • Parcel Number: W16I004288S

Tax Info

  • Tax Amount Summer: 733.0000
  • Tax Amount Winter: 79.0000
  • Total Tax: 812.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Oct 30, 2014
Sold by
Bank Of America National Association
Bought by
Small Phyllis
Seller's Agent
Robert Kabbani
Keller Williams Legacy
Buyer's Agent
Davida Depowski
Century 21 Curran & Oberski
List Price
$2,500
Sold Price
$2,500
Current Estimated Value
$64,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,446
Avg. Annual Appreciation
34.78%

Purchase Details

Closed on
Jun 9, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Bank Of America

Purchase Details

Closed on
Jun 27, 2013
Sold by
Bowen Harold H and Bowen Ardenia L
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company

Purchase Details

Closed on
Jan 9, 2008
Sold by
Bowen Harold and Bowen Ardenia
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.9%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Small Phyllis $2,500 None Available
Bank Of America -- None Available
Nationstar Mortgage Llc $5,000 None Available
Citimortgage Inc $36,501 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Harold H $105,000
Previous Owner Bowen Harold $35,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $2,500 0.0% $2 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $2,500 -- $2 / 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 $902 $17,600 $0 $0
2024 $902 $15,100 $0 $0
2023 $875 $12,300 $0 $0
2022 $927 $9,800 $0 $0
2021 $904 $7,900 $0 $0
2020 $767 $7,500 $0 $0
2019 $802 $8,000 $0 $0
2018 $713 $8,300 $0 $0
2017 $149 $8,500 $0 $0
2016 $792 $20,900 $0 $0
2015 $820 $8,200 $0 $0
2013 $837 $11,365 $0 $0
2010 -- $16,284 $560 $15,724
Source: Public Records

Agents Affiliated with this Home

  • Robert Kabbani

    Seller's Agent in 2014

    Robert Kabbani

    Keller Williams Legacy

    (313) 917-3902

    333 Total Sales

    Robert Kabbani
    Section Image
  • Davida Depowski

    Buyer's Agent in 2014

    Davida Depowski

    Century 21 Curran & Oberski

    (313) 478-7291

    16 Total Sales

    Davida Depowski
    Section Image
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Map

Source: Realcomp

MLS Number: 214048791

Realcomp

APN: 16-004288

Michigan Wayne County Detroit 48204 Tireman

5517 Ridgewood St, Detroit, MI

This home is located at 5517 Ridgewood St, Detroit, MI 48204 since 23 May 2014 and is currently estimated at $64,946, approximately $49 per square foot. This property was built in 1921. 5517 Ridgewood St is a home located in Wayne County with nearby schools including Sampson-Webber Leadership Academy, 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.

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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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