NOT LISTED FOR SALE

Estimated Value: $147,000 - $187,000

-- Bed
2 Baths
1,298 Sq Ft
$134/Sq Ft Est. Value

About This Home

This home is located at 5548 Bishop St, Detroit, MI 48224 and is currently estimated at $174,466, approximately $134 per square foot. 5548 Bishop St is a home located in Wayne County with nearby schools including Ronald Brown Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Wilson Lachay
Bought by
Holmes Derrick A
Current Estimated Value
$174,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Outstanding Balance
$158,694
Interest Rate
7.38%
Mortgage Type
FHA
Estimated Equity
$15,772

Purchase Details

Closed on
Feb 10, 2010
Sold by
Donovan Shaun
Bought by
Wilson Lachay

Purchase Details

Closed on
Aug 12, 2008
Sold by
Lasalle Bank Midwest Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 9, 2008
Sold by
Brewer Eartis E and Brewer Deneen
Bought by
Lasalle Bank Midwest Na

Purchase Details

Closed on
Mar 31, 2000
Sold by
Holleman Stacy D
Bought by
Brewer Deneen

Purchase Details

Closed on
Aug 26, 1994
Sold by
Est Irene A Mcmillan
Bought by
Holleman Todd and Holleman Stacy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
8.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Holmes Derrick A $165,000 Chirco Title Agency
Holmes Derrick A $165,000 Chirco Title Agency
Holmes Derrick A $165,000 Chirco Title Agency
Wilson Lachay $13,950 None Available
The Secretary Of Housing & Urban Develop -- None Available
Lasalle Bank Midwest Na $130,300 None Available
Brewer Deneen $128,500 --
Holleman Todd $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Derrick A $162,011
Closed Holmes Derrick A $162,011
Previous Owner Holleman Todd $68,400
Source: Public Records

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 $4,386 $65,000 $0 $0
2024 $4,386 $54,900 $0 $0
2023 $903 $43,700 $0 $0
2022 $1,250 $35,900 $0 $0
2021 $979 $22,100 $0 $0
2020 $1,206 $21,200 $0 $0
2019 $1,188 $16,400 $0 $0
2018 $1,015 $14,400 $0 $0
2017 $245 $12,900 $0 $0
2016 $2,088 $27,500 $0 $0
2015 $2,750 $27,500 $0 $0
2013 $3,822 $38,216 $0 $0
2010 -- $1,522 $1,521 $1
Source: Public Records

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