NOT LISTED FOR SALE

5544 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $67,190 - $81,000

3 Beds
1 Bath
880 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $8,000 $9 Per Sq Ft

Est. 794% increase in value since last sale

Current estimated payment $528/month

49 Days on Market

Highlights

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

About This Home

As of May 2022

HANDYMAN SPECIAL *** FIXER UPPER IN NEED OF TLC. BATVAI


BUYER RESPONSIBLE FOR BACK TAXES AND ANY WATER BILLS ATTACHED TO THE PROPERTY. BUYER TO DO THEIR OWN DUE DILIGENCE. SHOWINGS ARE REQUIRED BEFORE SUBMISSION OF OFFER. POF REQUIRED WITH ALL OFFERS.

Last Agent to Sell the Property

Kristal Covington

Assets Realty Group, LLC License #6504425768 Listed on: 03/30/2022

Last Buyer's Agent

LaCenya Cobb

C-RED Realty Group, LLC License #6506047263

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00x134.00

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 880 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Marseilles Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077361S

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1938
  • State Equalized Value: 10800.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 880
  • Total Sq Ft: 880
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 35.00X134.00
  • Parcel Number: W21I077361S

Tax Info

  • Tax Amount Summer: 825.0000
  • Tax Amount Winter: 71.0000
  • Total Tax: 896.0000
  • Taxable Value: 7511.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 24, 2022
Sold by
Mytao Covington
Bought by
Barbee Michael
Seller's Agent
Kristal Covington
Assets Realty Group, LLC
Buyer's Agent
LaCenya Cobb
C-RED Realty Group, LLC
List Price
$8,000
Sold Price
$8,000
Current Estimated Value
$71,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,531
Avg. Annual Appreciation
93.84%

Purchase Details

Closed on
Nov 19, 2019
Sold by
County Of Wayne
Bought by
Covington Mytao
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
Barbee Michael $8,000 None Listed On Document
Covington Mytao $5,100 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $8,000 0.0% $9 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $8,000 0.0% $9 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $8,000 -- $9 / 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 $1,626 $27,300 $0 $0
2024 $1,626 $23,300 $0 $0
2023 $1,580 $17,400 $0 $0
2022 $1,118 $13,700 $0 $0
2021 $896 $10,800 $0 $0
2020 $895 $9,700 $0 $0
2019 $883 $8,300 $0 $0
2018 $787 $7,100 $0 $0
2017 $137 $7,200 $0 $0
2016 $1,174 $12,300 $0 $0
2015 $1,230 $12,300 $0 $0
2013 $1,581 $17,540 $0 $0
2010 -- $25,716 $933 $24,783
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kristal Covington

    Assets Realty Group, LLC

    Section Image

  • L

    Buyer's Agent in 2022

    LaCenya Cobb

    C-RED Realty Group, LLC

    (248) 506-9933

    1 in this area

    26 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2220021922

Realcomp

APN: 21-077361

Michigan Wayne County Detroit 48224 Cornerstone Village

5544 University Place, Detroit, MI

This home is located at 5544 University Place, Detroit, MI 48224 since 30 March 2022 and is currently estimated at $74,548, approximately $84 per square foot. This property was built in 1938. 5544 University Place 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

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