NOT LISTED FOR SALE

586 Philip St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $99,000 - $154,000

3 Beds
1 Bath
1,080 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $3,000 $3 Per Sq Ft

Est. 3,778% increase in value since last sale

Current estimated payment $694/month

115 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Covered patio or porch
  • Fenced

About This Home

As of August 2014

BANK OWNED. "CASH ONLY" BUNGALOW WITH 3 BED RM 1 BATH, UNFIN. BASEMENT, NO GARAGE. REPLACEMENT NEEDED FOR THE FOLLOWING, FURNACE, WATER HEATER, PLUMBING AND ELE. SYSTEM. BUYER TO ORDER AND PAY FOR CITY INSPECTION. COST $295. BUYER TO ORDER FINAL WATER READING AFTER CLOSING. BUYER TO PAY A REO FEE OF $795. TO LISTING BROKER AT CLOSING. NO EXCEPTION.

Last Agent to Sell the Property

Al Griffin

20th Century Real Estate License #6501116121 Listed on: 04/04/2014

Last Buyer's Agent

Alton Marks

Slater Signature Homes License #RCO-6501378589

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x111.00x30x111
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • No Home Owners Association
  • Fox Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I059984S

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1916
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1080
  • Total Sq Ft: 1080
  • Sq Ft Total Bsmt: 672

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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: 37500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X111.00X30X111
  • Parcel Number: W21I059984S

Tax Info

  • Tax Amount Summer: 724.0000
  • Tax Amount Winter: 59.0000
  • Total Tax: 783.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Aug 14, 2014
Sold by
Jeff Bv Sfh Llc
Bought by
Malik Iymaani
Seller's Agent
Al Griffin
20th Century Real Estate
Buyer's Agent
Alton Marks
Slater Signature Homes
List Price
$8,500
Sold Price
$3,000
Premium/Discount to List
-$5,500
-64.71%
Current Estimated Value
$116,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,333
Avg. Annual Appreciation
40.03%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Dewhart Apryl L and Brown Roy
Bought by
Jeff Bv-Sfh Llc

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bottai Mark L and Bottai Elizabeth L
Bought by
International Property Management Inc
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
Malik Iymaani $3,000 Chirco Title Agency Inc
Jeff Bv-Sfh Llc $6,800 None Available
International Property Management Inc -- First American Title Ins Co
Dewhart Apryl L $80,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Iymaani $768,001
Closed Malik Iymaani $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $3,000 -64.7% $3 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $8,500 -- $8 / 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 $687 $48,600 $0 $0
2024 $687 $33,400 $0 $0
2023 $665 $25,300 $0 $0
2022 $715 $16,600 $0 $0
2021 $701 $13,200 $0 $0
2020 $695 $11,500 $0 $0
2019 $686 $8,500 $0 $0
2018 $605 $7,700 $0 $0
2017 $115 $7,900 $0 $0
2016 $775 $6,000 $0 $0
2015 $600 $6,000 $0 $0
2013 $628 $6,281 $0 $0
2010 -- $9,209 $438 $8,771
Source: Public Records

Agents Affiliated with this Home

  • Al Griffin

    Seller's Agent in 2014

    Al Griffin

    20th Century Real Estate

    (313) 510-3864

    26 Total Sales

    Section Image

  • A

    Buyer's Agent in 2014

    Alton Marks

    Slater Signature Homes

    (734) 459-4700

    11 Total Sales

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Map

Source: Realcomp

MLS Number: 214028865

Realcomp

APN: 21-059984

Michigan Wayne County Detroit 48215 Jefferson Chalmers

586 Philip St, Detroit, MI

This home is located at 586 Philip St, Detroit, MI 48215 since 04 April 2014 and is currently estimated at $121,333, approximately $112 per square foot. This property was built in 1916. 586 Philip St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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

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