NOT LISTED FOR SALE

5990 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $77,000 - $111,000

3 Beds
1 Bath
1,010 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $15,000 $15 Per Sq Ft

Est. 528% increase in value since last sale

Current estimated payment $610/month

85 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of February 2014

Nice, Clean, and Ready! Move right in to this 3 bedroom brick ranch in the St. Johns Hospital area.

Last Agent to Sell the Property

Paul Corona

KW Domain License #MISPE-6501282335 Listed on: 10/23/2013

Co-Listed By

Jennifer Seiler

KW Domain License #MISPE-6502347183

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1955

Lot Details

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,010 Sq Ft Home
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W27I080461S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 12 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 9
  • Bedroom 3: On Entry Level, Dimensions: 11 x 9
  • Bathrooms Description: First Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Bedroom, First Floor Mstr Bedroom, Living Room
  • Kitchen: On Entry Level, Dimensions: 12 x 9
  • Living Room: On Entry Level, Dimensions: 20 x 13
  • Above Grade Finished Sq Ft: 1010
  • Total Finished Sq Ft: 1010

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 40
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: W27I080461S
  • Zoning: Residential
  • Lot Dimensions: 40x133
  • Acreage: 0.12
  • Map Side Numeric: 3
  • Map Top Alpha: AH
  • Geo Subdivision: MI

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2013
Closed on
Feb 4, 2014
Sold by
Manna Development Corporation
Bought by
Robinson Jerry R
Seller's Agent
Paul Corona
KW Domain
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$17,500
Sold Price
$15,000
Premium/Discount to List
-$2,500
-14.29%
Current Estimated Value
$94,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,166
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Apr 23, 2013
Sold by
Wells Fargo Bank Na
Bought by
Manna Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 8, 2012
Sold by
Johnson Christine
Bought by
Wells Fargo Bank Na
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
Robinson Jerry R $15,000 None Available
Manna Development Corporation -- Attorneys Title Agency Llc
Wells Fargo Bank Na $87,391 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manna Development Corporation $500,000
Previous Owner Manna Development Corporation $50,000
Previous Owner Johnson Christine $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2014 02/04/14 Sold $15,000 -14.3% $15 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $17,500 -- $17 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,075 $39,100 $0 $0
2024 $1,075 $33,700 $0 $0
2023 $802 $25,100 $0 $0
2022 $1,137 $22,000 $0 $0
2021 $870 $17,300 $0 $0
2020 $1,098 $15,600 $0 $0
2019 $1,082 $13,200 $0 $0
2018 $928 $11,700 $0 $0
2017 $226 $11,900 $0 $0
2016 $1,323 $38,300 $0 $0
2015 $1,800 $18,000 $0 $0
2013 $90 $1,097 $0 $0
2010 -- $1,097 $1,097 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paul Corona

    KW Domain

  • J

    Seller Co-Listing Agent in 2014

    Jennifer Seiler

    KW Domain

  • .

    Buyer's Agent in 2014

    . Non Mls Member

    NON MLS Member

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31170998

Michigan Multiple Listing Service

APN: 21-077388

Michigan Wayne County Detroit 48224 Cornerstone Village

5990 University Place, Detroit, MI

This home is located at 5990 University Place, Detroit, MI 48224 since 23 October 2013 and is currently estimated at $95,769, approximately $94 per square foot. This property was built in 1955. 5990 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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