NOT LISTED FOR SALE

5975 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $65,000 - $80,000

3 Beds
1 Bath
720 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 10, 2013

Last sale price $13,900 $19 Per Sq Ft

Est. 426% increase in value since last sale

Current estimated payment $507/month

39 Days on Market

Highlights

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

About This Home

As of June 2013

THREE BEDROOM BRICK HOME W/GARAGE. DWNLD ADDENDUMS AND SUBMIT W/INITIAL OFFER. LATPAO. LISTING BROKER TO HOLD CERTIFIED EMD.

Last Agent to Sell the Property

Mike Fayz

Real Estate One-Dbn Hts License #6501237882 Listed on: 04/04/2013

Real Estate One-Dbn Hts

Last Buyer's Agent

Antonio English

Legacy Premier Realty Group LLC License #RCO-6501296250

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x133
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Lodewyck No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077460S

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 720
  • Total Sq Ft: 720

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced, Lighting
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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: 124167.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X133
  • Parcel Number: W21I077460S

Tax Info

  • Tax Amount Summer: 1275.0000
  • Tax Amount Winter: 829.0000
  • Total Tax: 2104.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2019
Sold by
Best Invest Llc
Bought by
University Family Trust
Current Estimated Value
$73,058

Purchase Details

Closed on
Oct 30, 2017
Sold by
Exit Strategy April 13 Llc
Bought by
Best Invest Llc

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jul 15, 2013
Sold by
Right Buy Properties Llc
Bought by
Exit Strategy April 13 Llc
Seller's Agent
Mike Fayz
Real Estate One-Dbn Hts
Buyer's Agent
Antonio English
Legacy Premier Realty Group LLC
List Price
$14,900
Sold Price
$13,900
Premium/Discount to List
-$1,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%

Purchase Details

Closed on
Apr 19, 2012
Sold by
Davis Jenita R and Davis Terrance D
Bought by
The Federal Home Loan Mortgage Corporati
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
University Family Trust $35,000 First American Title Ins Co
Best Invest Llc $8,000 None Available
Exit Strategy April 13 Llc -- Commercial Title Service
The Federal Home Loan Mortgage Corporati $85,096 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Jenita R $10,500
Previous Owner Davis Terrance D $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2013 06/10/13 Sold $13,900 -6.7% $19 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $14,900 -- $21 / 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 $1,285 $34,200 $0 $0
2024 $1,285 $29,300 $0 $0
2023 $1,247 $21,900 $0 $0
2022 $1,329 $16,700 $0 $0
2021 $1,293 $13,200 $0 $0
2020 $1,293 $11,900 $0 $0
2019 $1,056 $10,100 $0 $0
2018 $764 $8,500 $0 $0
2017 $126 $8,700 $0 $0
2016 $827 $13,600 $0 $0
2015 $658 $13,600 $0 $0
2013 $1,514 $15,141 $0 $0
2010 -- $22,198 $1,097 $21,101
Source: Public Records

Agents Affiliated with this Home

  • Mike Fayz

    Seller's Agent in 2013

    Mike Fayz

    Real Estate One

    (313) 903-5300

    186 Total Sales

    Section Image
  • Antonio English

    Buyer's Agent in 2013

    Antonio English

    Legacy Premier Realty Group LLC

    (248) 809-4233

    8 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 213032346

Realcomp

APN: 21-077460

Michigan Wayne County Detroit 48224 Cornerstone Village

5975 University Place, Detroit, MI

This home is located at 5975 University Place, Detroit, MI 48224 since 04 April 2013 and is currently estimated at $73,058, approximately $101 per square foot. This property was built in 1937. 5975 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.

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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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