NOT LISTED FOR SALE

5580 Oldtown St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $84,000 - $162,000

3 Beds
2 Baths
923 Sq Ft
$131/Sq Ft Est. Value

About This Home

This home is located at 5580 Oldtown St, Detroit, MI 48224 and is currently estimated at $120,808, approximately $130 per square foot. 5580 Oldtown 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2010
Sold by
Rizzo John and Rizzo Candice
Bought by
Smith Lateia
Current Estimated Value
$120,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,965
Outstanding Balance
$41,267
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$79,541

Purchase Details

Closed on
May 27, 2009
Sold by
Byrd Renee J and Byrd Clarence L
Bought by
Federal Home Loan Mortgage Corp
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Smith Lateia $60,500 Greco
Federal Home Loan Mortgage Corp $54,183 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lateia $58,965
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 $1,209 $51,700 $0 $0
2024 $1,209 $44,700 $0 $0
2023 $1,172 $33,200 $0 $0
2022 $1,283 $26,100 $0 $0
2021 $1,251 $20,500 $0 $0
2020 $1,237 $18,400 $0 $0
2019 $1,219 $15,500 $0 $0
2018 $1,040 $13,800 $0 $0
2017 $253 $14,100 $0 $0
2016 $1,174 $15,500 $0 $0
2015 $1,550 $15,500 $0 $0
2013 $2,204 $22,044 $0 $0
2010 -- $32,320 $910 $31,410
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Cornerstone Village

5580 Oldtown St, Detroit, MI

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