Seller's Agent in 2024
Natasha Richards
Bellabay Realty Tri Counties
(313) 204-0310
5 in this area
160 Total Sales
5557 Moran St Detroit, MI 48211
Poletown East NeighborhoodEstimated Value: $15,000 - $192,000
4
Beds
2
Baths
1,980
Sq Ft
$46/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Forced Air Heating System
- 3-minute walk to Callahan Park
- Cass Technical High School Rated 10
- 2 Car Garage
About This Home
As of June 2024Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Contact listing broker with any questions.
Last Agent to Sell the Property
Bellabay Realty Tri Counties License #6502385914 Listed on: 04/17/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1909
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30.00 x 112.00
Parking
- 2 Car Garage
Home Design
- Colonial Architecture
- Block Foundation
Interior Spaces
- 2 Full Bathrooms
- 1,980 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number W13I010284S
Community Details
Overview
- 2 Units
- Charles F Lohrmans Sub Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2024
Closed on
Jun 12, 2024
Sold by
Detroit Land Bank Authority
Bought by
Omni Residence Llc
Seller's Agent
Natasha Richards
Bellabay Realty Tri Counties
Buyer's Agent
Laurie Davis
Century 21 Professionals Utica
List Price
$6,500
Sold Price
$6,600
Premium/Discount to List
$100
1.54%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,400
Avg. Annual Appreciation
565.58%
Purchase Details
Closed on
May 9, 2014
Sold by
Michigan Land Bank Fast Track Authority
Bought by
Detroit Land Bank Authority
Purchase Details
Closed on
Oct 5, 2012
Sold by
Wayne County Treasurer
Bought by
Michigan Land Bank Fast Track Auth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Omni Residence Llc | $56,600 | None Listed On Document | |
| Detroit Land Bank Authority | -- | None Available | |
| Michigan Land Bank Fast Track Auth | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $6,600 | +1.5% | $3 / Sq Ft |
| 05/07/2024 05/07/24 | Pending | -- | -- | -- |
| 04/17/2024 04/17/24 | For Sale | $6,500 | -- | $3 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | -- | $700 | $0 | $0 |
| 2024 | -- | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2022 | -- | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $667 | $0 | $0 | $0 |
| 2019 | $667 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
| 2016 | $340 | $0 | $0 | $0 |
| 2015 | $442 | $0 | $0 | $0 |
| 2013 | $442 | $5,916 | $0 | $0 |
| 2010 | -- | $7,846 | $238 | $7,608 |
Source: Public Records
Agents Affiliated with this Home
-
Natasha Richards
-
Laurie Davis
Buyer's Agent in 2024
Laurie Davis
Century 21 Professionals Utica
(586) 321-5507
3 in this area
86 Total Sales
Map
Source: Realcomp
MLS Number: 20240024484
APN: 13-010284
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.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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