NOT LISTED FOR SALE

5538 Lodewyck St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $48,846 - $80,000

2 Beds
1 Bath
720 Sq Ft
$82/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $3,600 $5 Per Sq Ft

Est. 1,531% increase in value since last sale

Current estimated payment $368/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage

About This Home

As of February 2013

HUD HOME, SOLD AS-IS. FHA #261-784552. FHA INSURABILITY CODE UI. LEAD BASED PAINT NOTICES. $1250 COMM TO SELLING BRKR. ACCESS W/ HUD KEY, SHOW ANYTIME. NEW HOMES EACH DAY. BATVAI. PLEASE SCHEDULE SHOWINGS THRU REALCOMP AND COMPLETE FEEDBACK REQUESTS. 2 BEDROOM RANCH WITH FULL BASEMENT AND DETACHED 2 CAR GARAGE, HARDWOOD FLOORS THRU-OUT, HAS LOTS OF POTENTIAL. BIDDING OPEN TO INVESTORS. BIDS ARE REVIEWED DAILY.

Last Agent to Sell the Property

Trista Cortis-Redfield

Century 21 Riverpointe License #6502363550 Listed on: 01/17/2013

Century 21 Riverpointe

Co-Listed By

E. Ann Redfield

Century 21 Riverpointe License #6501141557

Last Buyer's Agent

Timothy Johnson

Real Estate One-Troy License #RCO-6501373942

Real Estate One-Troy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 103

Parking

  • 2 Car Detached Garage

Home Design

  • 720 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077814S

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 720
  • Total Sq Ft: 720

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 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

  • List Price per Acre: 42510.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40 X 103
  • Parcel Number: W21I077814S

Tax Info

  • Tax Amount Summer: 1617.0000
  • Tax Amount Winter: 165.0000
  • Total Tax: 1782.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2013
Closed on
Feb 15, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Hedwood Rayshon
Seller's Agent
Trista Cortis-Redfield
Century 21 Riverpointe
Buyer's Agent
Timothy Johnson
Real Estate One-Troy
List Price
$4,251
Sold Price
$3,600
Premium/Discount to List
-$651
-15.31%
Current Estimated Value
$58,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,112
Avg. Annual Appreciation
24.69%

Purchase Details

Closed on
Mar 16, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 15, 2010
Sold by
Morodomi Yvette M F
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 29, 2001
Sold by
Keelean Karen E
Bought by
Morodomi Yvette M
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
Hedwood Rayshon $3,600 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $62,067 None Available
Morodomi Yvette M $62,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2013 02/22/13 Sold $3,600 -15.3% $5 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $4,251 -- $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 $673 $24,100 $0 $0
2024 $673 $20,600 $0 $0
2023 $651 $15,400 $0 $0
2022 $700 $12,100 $0 $0
2021 $686 $9,500 $0 $0
2020 $680 $8,600 $0 $0
2019 $672 $7,300 $0 $0
2018 $593 $6,000 $0 $0
2017 $118 $6,200 $0 $0
2016 $898 $10,900 $0 $0
2015 $1,090 $10,900 $0 $0
2013 $1,546 $15,461 $0 $0
2010 -- $22,667 $970 $21,697
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Trista Cortis-Redfield

    Century 21 Riverpointe

    Section Image

  • E

    Seller Co-Listing Agent in 2013

    E. Ann Redfield

    Century 21 Riverpointe

    Section Image

  • T

    Buyer's Agent in 2013

    Timothy Johnson

    Real Estate One-Troy

    (248) 813-4900

    1 Total Sale

    Timothy Johnson
    Section Image
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Map

Source: Realcomp

MLS Number: 213005583

Realcomp

APN: 21-077814

Michigan Wayne County Detroit 48224 Cornerstone Village

5538 Lodewyck St, Detroit, MI

This home is located at 5538 Lodewyck St, Detroit, MI 48224 since 17 January 2013 and is currently estimated at $58,712, approximately $81 per square foot. This property was built in 1938. 5538 Lodewyck 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.

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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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