$61,000
SOLD JUN 5, 2025
5 Beds
3.5 Baths
2,512 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

51% Below List Price

163 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage
  • 4-minute walk to Corrigan Playground

About This Home

As of June 2025

Welcome to this full gem in the desirable 48224 zip code! This property offers incredible potential, featuring multi-family 5 spacious bedrooms (3 on the first floor and 2 upstairs), 3 full bathrooms, and a convenient half bath in the basement. With separate living and dining rooms on both floors, this home provides ample space and privacy. Recent upgrades include a brand-new roof and new gutters (11/2024), ensuring peace of mind for years to come. This property offers a spacious layout with a fireplace on the first floor, a spacious basement with two extra rooms, perfect for extra storage or workspace, and the 2-car garage offers additional value with some rehab needed. Whether you are looking to flip or hold for long-term rental income, this property offers endless possibilities, this will be a great investment situated in a beautiful neighborhood. Don’t miss this incredible opportunity – submit your offer today! This property is ready to generate rental income or serve as a fantastic owner-occupied home. Schedule a showing now and make it yours!

Last Agent to Sell the Property

Tekeila Steen

Keller Williams Realty-Great Lakes License #6501444707 Listed on: 12/18/2024

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Tekeila Steen

Keller Williams Realty-Great Lakes License #6501444707 Listed on: 12/18/2024

Keller Williams Realty-Great Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 115.00

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Wallace Frank B Alter Rd Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I062959S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Assessment: 350.00
  • Year Built: 1938
  • State Equalized Value: 50700.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2512
  • Total Sq Ft: 2512
  • Sq Ft Total Bsmt: 821

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 1
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Driveway, Garage Faces Front
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 115.00
  • Parcel Number: W21I062959S

Tax Info

  • Tax Amount Summer: 1284.0000
  • Tax Amount Winter: 111.0000
  • Total Tax: 1395.0000
  • Taxable Value: 12402.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
May 30, 2025
Sold by
Navarro Silvio
Bought by
Li
Seller's Agent
Tekeila Steen
Keller Williams Realty-Great Lakes
Buyer's Agent
Tekeila Steen
Keller Williams Realty-Great Lakes
List Price
$125,000
Sold Price
$61,000
Premium/Discount to List
-$64,000
-51.2%
Views
212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
366.03%

Purchase Details

Closed on
Oct 16, 2024
Sold by
Wayne County Treasurer
Bought by
Navarro Silvio
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $66,000 None Listed On Document
Warranty Deed $66,000 None Listed On Document
Quit Claim Deed $39,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $61,000 -41.9% $24 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
02/16/2025 02/16/25 Price Changed $105,000 -16.0% $42 / Sq Ft
12/18/2024 12/18/24 For Sale $125,000 -- $50 / 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 $1,034 $61,400 $0 $0
2024 $1,034 $50,700 $0 $0
2023 $1,249 $39,700 $0 $0
2022 $1,323 $35,900 $0 $0
2021 $1,291 $28,800 $0 $0
2020 $1,290 $26,500 $0 $0
2019 $1,177 $23,700 $0 $0
2018 $1,039 $20,700 $0 $0
2017 $191 $19,100 $0 $0
2016 $1,138 $18,500 $0 $0
2015 $997 $18,500 $0 $0
2013 $966 $21,638 $0 $0
2010 -- $31,724 $847 $30,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240093046

Realcomp

APN: 21-062959