NOT LISTED FOR SALE

5640 W Outer Dr Detroit, MI 48235

Schulze Neighborhood

Estimated Value: $212,000 - $269,380

3 Beds
1.5 Baths
2,238 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $177,000 $79 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,735/month

82 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Porch

About This Home

As of February 2020

A BEAUTIFUL HOME READY TO BE ENJOYED. 3 BEDROOM HOME COMPLETELY REMODELED A MUST SEE. HARDWOOD FLOORS REFINISHED . NEW STOVE, DISHWASHER.

Last Agent to Sell the Property

Damon Jones

Jones Realty LLC License #6501355093 Listed on: 09/27/2019

Last Buyer's Agent

Julieta Flores-allen

Brookstone, Realtors LLC License #RCO-6501388792

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948 | Remodeled in 2019

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 40.00x131.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,238 Sq Ft Home
  • 2-Story Property
  • Security System Owned
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • ENERGY STAR/Reflective Roof
  • Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Blackstone Park No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I125432S
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,730

Year Built

Built in 1948 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1948
  • State Equalized Value: 30100.0000
  • Year Renovated: 2019
  • Foundation Features: Drainage System
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Security Alarm (owned)
  • Fireplace Fuel: Natural
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2838
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 2238
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: ENERGY STAR® Shingles
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • 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 Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 947368.4211
  • Lot Size Area: 0.19
  • Lot Dimensions: 40.00X131.00
  • Parcel Number: W22I125432S

Tax Info

  • Tax Amount Summer: 2457.0000
  • Tax Amount Winter: 273.0000
  • Total Tax: 2730.0000
  • Taxable Value: 28792.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 19, 2020
Sold by
Lyons Management Inc
Bought by
Reed Precious Nichole
Seller's Agent
Damon Jones
Jones Realty LLC
Buyer's Agent
Julieta Flores-allen
Brookstone, Realtors LLC
List Price
$169,000
Sold Price
$177,000
Premium/Discount to List
$8,000
4.73%
Current Estimated Value
$247,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,845
Avg. Annual Appreciation
6.15%
Original Mortgage
$173,794
Outstanding Balance
$157,055
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$90,790

Purchase Details

Closed on
Feb 8, 2016
Sold by
Central Detroit Christian Cdc
Bought by
Lyons Management Group

Purchase Details

Closed on
Feb 26, 2015
Sold by
Jackson Kenneth and Jackson Ladawn
Bought by
The Bank Of New York Mellon
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
Reed Precious Nichole $177,000 First American Mortgage Sln
Lyons Management Group -- Attorney
The Bank Of New York Mellon $162,599 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Precious Nichole $173,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2020 02/19/20 Sold $177,000 -1.7% $79 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/18/2019 12/18/19 Price Changed $180,000 +6.5% $80 / Sq Ft
12/12/2019 12/12/19 For Sale $169,000 0.0% $76 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $169,000 -8.6% $76 / Sq Ft
09/27/2019 09/27/19 For Sale $185,000 -- $83 / 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 $5,054 $144,300 $0 $0
2024 $5,054 $125,400 $0 $0
2023 $4,916 $100,200 $0 $0
2022 $5,297 $81,300 $0 $0
2021 $5,129 $56,000 $0 $0
2020 $2,899 $50,700 $0 $0
2019 $2,849 $39,100 $0 $0
2018 $2,457 $30,100 $0 $0
2017 $535 $28,200 $0 $0
2016 $2,865 $31,100 $0 $0
2015 $3,110 $31,100 $0 $0
2013 $4,574 $45,742 $0 $0
2010 -- $67,064 $1,828 $65,236
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Damon Jones

    Jones Realty LLC

    (313) 551-9072

    7 Total Sales

    Damon Jones
    Section Image
  • Julieta Flores-allen

    Buyer's Agent in 2020

    Julieta Flores-allen

    Brookstone, Realtors LLC

    (248) 906-5002

    110 Total Sales

    Julieta Flores-allen
    Section Image
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Map

Source: Realcomp

MLS Number: 219089838

Realcomp

APN: 22-125432

Michigan Wayne County Detroit 48235 Schulze

5640 W Outer Dr, Detroit, MI

This home is located at 5640 W Outer Dr, Detroit, MI 48235 since 27 September 2019 and is currently estimated at $247,845, approximately $110 per square foot. This property was built in 1948. 5640 W Outer Dr is a home located in Wayne County with nearby schools including Schulze Academy for Technology and Arts, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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