NOT LISTED FOR SALE

5677 Central St Detroit, MI 48210

Claytown Neighborhood

Estimated Value: $85,854 - $123,000

-- Bed
1 Bath
1,038 Sq Ft
$100/Sq Ft Est. Value

About This Home

This home is located at 5677 Central St, Detroit, MI 48210 and is currently estimated at $103,464, approximately $99 per square foot. 5677 Central St is a home located in Wayne County with nearby schools including Priest Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Velaquez Irma Velaquez
Bought by
Mi Casa Detroit Development Llc
Current Estimated Value
$103,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$74,667
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$28,797

Purchase Details

Closed on
Feb 12, 2019
Sold by
The Detroit Land Bank Authority
Bought by
Velaquez Irma Velaquez

Purchase Details

Closed on
Jan 6, 2015
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
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
Mi Casa Detroit Development Llc -- Alamo Title
Mi Casa Detroit Development Llc -- Alamo Title
Velaquez Irma Velaquez $2,000 None Available
Detroit Land Bank Authority -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mi Casa Detroit Development Llc $75,000
Closed Mi Casa Detroit Development Llc $75,000
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 $1,065 $23,900 $0 $0
2024 $1,065 $19,900 $0 $0
2023 $1,033 $15,600 $0 $0
2022 $1,098 $10,500 $0 $0
2021 $1,070 $9,500 $0 $0
2020 $1,072 $9,400 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $240 $2,500 $0 $0
2015 $250 $2,500 $0 $0
2013 $1,166 $11,657 $0 $0
2010 -- $16,702 $454 $16,248
Source: Public Records

Map

Michigan Wayne County Detroit 48210 Claytown

5677 Central St, Detroit, MI

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