NOT LISTED FOR SALE

5531 Ivanhoe St Detroit, MI 48204

Tireman Neighborhood

Estimated Value: $39,000 - $91,000

4 Beds
1.5 Baths
1,536 Sq Ft
$46/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $8,000 $5 Per Sq Ft

Est. 774% increase in value since last sale

Current estimated payment $449/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 1 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2020

West Side Detroit Colonial.Features 4 beds and 1.5 baths in the Midwest Neighborhood! Don't judge a book by its cover, this one is worth a look. Great for owner occupants, investors and etc. Ton of options with this home.

Last Agent to Sell the Property

Mikhail Grigoryan

Detroit Progress Realty LLC License #6502425564 Listed on: 01/28/2020

Last Buyer's Agent

Mikhail Grigoryan

Detroit Progress Realty LLC License #6502425564 Listed on: 01/28/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 34x120

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Addition To Dailey Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I002960S

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1919
  • State Equalized Value: 8300.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1536
  • Total Sq Ft: 1536
  • Sq Ft Total Bsmt: 784

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 34
  • Road Frontage Type: Paved

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: 133333.3333
  • Lot Size Area: 0.09
  • Lot Dimensions: 34x120
  • Parcel Number: W16I002960S

Tax Info

  • Tax Amount Summer: 713.0000
  • Tax Amount Winter: 73.0000
  • Total Tax: 786.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Feb 26, 2020
Sold by
Keystone Fund Llc
Bought by
Rodgers Laronda Latrice
Seller's Agent
Mikhail Grigoryan
Detroit Progress Realty LLC
Buyer's Agent
Mikhail Grigoryan
Detroit Progress Realty LLC
List Price
$12,000
Sold Price
$8,000
Premium/Discount to List
-$4,000
-33.33%
Current Estimated Value
$69,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,925
Avg. Annual Appreciation
49.96%

Purchase Details

Closed on
Nov 29, 2017
Sold by
Sabree Eric R
Bought by
Keystone Fund Llc

Purchase Details

Closed on
Apr 3, 2015
Sold by
Davis Debra
Bought by
Mccain Aaron

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Davis Debra

Purchase Details

Closed on
Sep 26, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Housing Mitchell

Purchase Details

Closed on
Jul 16, 2008
Sold by
Vaughn Kelly
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 11, 2008
Sold by
Vaughn Kelly
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 11, 2006
Sold by
Robinson Jerelean D
Bought by
Vaughn Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.5%
Mortgage Type
Unknown
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
Rodgers Laronda Latrice $8,000 None Available
Keystone Fund Llc $2,100 None Available
Mccain Aaron -- None Available
Davis Debra $500 None Available
Housing Mitchell $1,750 Warranty Title Agency Llc
Federal Home Loan Mortgage Corp $2,500 None Available
Federal Home Loan Mortgage Corporation $34,200 None Available
Vaughn Kelly $45,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughn Kelly $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $8,000 -33.3% $5 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $12,000 -- $8 / 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 $830 $17,500 $0 $0
2024 $830 $15,400 $0 $0
2023 $804 $12,300 $0 $0
2022 $470 $10,300 $0 $0
2021 $999 $8,700 $0 $0
2020 $913 $7,600 $0 $0
2019 $787 $8,300 $0 $0
2018 $687 $7,600 $0 $0
2017 $146 $7,700 $0 $0
2016 $948 $26,700 $0 $0
2015 $1,050 $10,500 $0 $0
2013 $1,452 $14,523 $0 $0
2010 -- $20,809 $524 $20,285
Source: Public Records

Agents Affiliated with this Home

  • Mikhail Grigoryan

    Seller's Agent in 2020

    Mikhail Grigoryan

    Detroit Progress Realty LLC

    (313) 888-6060

    3 in this area

    373 Total Sales

    Mikhail Grigoryan
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Map

Source: Realcomp

MLS Number: 2200007369

Realcomp

APN: 16-002960

Michigan Wayne County Detroit 48204 Tireman

5531 Ivanhoe St, Detroit, MI

This home is located at 5531 Ivanhoe St, Detroit, MI 48204 since 28 January 2020 and is currently estimated at $69,925, approximately $45 per square foot. This property was built in 1919. 5531 Ivanhoe 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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