NOT LISTED FOR SALE

5794 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $77,000 - $88,687

3 Beds
1 Bath
966 Sq Ft
$85/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $55,000 $57 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $600/month

13 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Bungalow
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2021

**OPPORTUNITY** Fully renovated with a potential rent of $900! Adorable bungalow located near Balduck Park, and Edsel Ford Freeway! Property features 3 bedrooms, 1 bathroom, kitchen, living room, dining room, and garage! Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance! HIGEST AND BEST DUE BY THURSDAY 04/01/2021 5:00PM.

Last Agent to Sell the Property

Larry Else

Realtyflo Inc License #6502386964 Listed on: 03/18/2021

Last Buyer's Agent

Bradford Lack

License #6501313289

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1944

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50.00x134.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 966 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Farmdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077375S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1944
  • State Equalized Value: 14000.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 966
  • Total Sq Ft: 966
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • 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

  • Homestead: Yes
  • List Price per Acre: 333333.3300
  • Lot Size Area: 0.15
  • Lot Dimensions: 50.00X134.00
  • Parcel Number: W21I077375S

Tax Info

  • Tax Amount Summer: 925.0000
  • Tax Amount Winter: 105.0000
  • Total Tax: 1030.0000
  • Taxable Value: 11269.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 20, 2021
Sold by
Hicks Charles
Bought by
Wolf Lake Detroit Llc
Seller's Agent
Larry Else
Realtyflo Inc
Buyer's Agent
Bradford Lack
List Price
$50,000
Sold Price
$55,000
Premium/Discount to List
$5,000
10%
Current Estimated Value
$81,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,672
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Oct 30, 2020
Sold by
Jones Faith and Mcbride Marvine
Bought by
Hicks Charles

Purchase Details

Closed on
Aug 5, 2020
Sold by
Jones Faith and Mcbride Marvine
Bought by
Hicks Charles

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 22, 2016
Sold by
Spina Narua
Bought by
Jones Faith
Seller's Agent
Paula Baljian
Pointes Real Estate
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$10,000
Sold Price
$15,167
Premium/Discount to List
$5,167
51.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%

Purchase Details

Closed on
May 3, 2016
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 20, 2015
Sold by
Worthem Charlie
Bought by
Wells Fargo Bank Na

Purchase Details

Listed on
Apr 13, 2011
Closed on
Jun 5, 2012
Sold by
Rizzo John and Rizzo Candice
Bought by
Worthem Charlie
Seller's Agent
Mark DerManulian
Metropolitan Real Estate Group
Buyer's Agent
Mark DerManulian
Metropolitan Real Estate Group
List Price
$60,000
Sold Price
$48,000
Premium/Discount to List
-$12,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$47,130
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2010
Sold by
Everbank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 15, 2010
Sold by
Dakaj Flamur
Bought by
Everbank

Purchase Details

Closed on
Jun 4, 2010
Sold by
Dakaj Flamur
Bought by
Flag Investments Llc

Purchase Details

Closed on
Nov 10, 2008
Sold by
Milhem William L and Milhem Nita B
Bought by
Dakaj Flamur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,175
Interest Rate
5.94%
Mortgage Type
Unknown
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
Wolf Lake Detroit Llc $55,000 Now Title Agency
Hicks Charles -- None Listed On Document
Hicks Charles -- None Available
Jones Faith -- Title Connect Llc
The Secretary Of Housing & Urban Develop -- Attorney
Wells Fargo Bank Na $10,270 Attorney
Worthem Charlie $48,000 None Available
Federal National Mortgage Association -- None Available
Everbank $54,968 None Available
Flag Investments Llc -- None Available
Dakaj Flamur $62,900 Title Resource
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Worthem Charlie $47,130
Previous Owner Dakaj Flamur $47,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $55,000 +10.0% $57 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $50,000 +229.7% $52 / Sq Ft
11/23/2016 11/23/16 Sold $15,167 +51.7% $19 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $10,000 -79.2% $13 / Sq Ft
06/05/2012 06/05/12 Sold $48,000 -20.0% $60 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/13/2011 04/13/11 For Sale $60,000 -- $75 / 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 $1,894 $38,700 $0 $0
2024 $1,894 $33,100 $0 $0
2023 $1,841 $24,700 $0 $0
2022 $1,971 $19,800 $0 $0
2021 $1,043 $15,600 $0 $0
2020 $1,032 $14,000 $0 $0
2019 $1,018 $11,800 $0 $0
2018 $875 $10,800 $0 $0
2017 $209 $11,000 $0 $0
2016 $1,033 $13,200 $0 $0
2015 $1,320 $13,200 $0 $0
2013 $1,879 $18,793 $0 $0
2010 -- $27,553 $1,371 $26,182
Source: Public Records

Agents Affiliated with this Home

  • Larry Else

    Seller's Agent in 2021

    Larry Else

    Realtyflo Inc

    (313) 466-7253

    8 in this area

    287 Total Sales

    Larry Else
    Section Image
  • Bradford Lack

    Buyer's Agent in 2021

    Bradford Lack

    (313) 318-2569

    5 in this area

    241 Total Sales

    Bradford Lack
    Section Image

  • P

    Seller's Agent in 2016

    Paula Baljian

    Pointes Real Estate

    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2016

    Unidentified Agent

    Unidentified Office

  • Mark DerManulian

    Seller's Agent in 2012

    Mark DerManulian

    Metropolitan Real Estate Group

    (313) 530-3536

    243 Total Sales

    Mark DerManulian
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210018150

Realcomp

APN: 21-077375

Michigan Wayne County Detroit 48224 Cornerstone Village

5794 University Place, Detroit, MI

This home is located at 5794 University Place, Detroit, MI 48224 since 18 March 2021 and is currently estimated at $81,672, approximately $84 per square foot. This property was built in 1944. 5794 University Place 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.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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