NOT LISTED FOR SALE

5991 Marseilles St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $85,000 - $118,000

4 Beds
1 Bath
1,140 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $70,000 $61 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $725/month

44 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Porch
  • Cass Technical High School Rated 10
  • 1.5 Car Detached Garage
  • Patio

About This Home

As of October 2022

Brick 4 bedroom Bungalow in Detroits Finest... This is a great way to build your portfolio of investments. Currently rented through the end of Dec 2022. *Subject to tenants rights. Everything throughout the home was just updated a few years ago. (Agent does not have current photos of the inside and this property is shown/inspected after an accepted offer only.) Easy access to all e-ways so you can get anywhere in Metro-Detroit within just 25 mins or so... Close proximity to I-94, Country Club of Detroit, Lochmoor golf club, Near Balduck park and Sasser playground. Has Detroit Certificate of compliance. This is a great value for investors. PROPERTY HAS CERTIFICATE OF COMPLIANCE...

Last Agent to Sell the Property

Carlo Gobba

EXP Realty Main License #6501278999 Listed on: 03/18/2022

EXP Realty Main

Last Buyer's Agent

Susan Sniegocki

KW Platinum Port Huron License #RCO-6501285489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1944 | Remodeled in 2009

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x134.00

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,140 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Lodewyck No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I077687S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,020

Year Built

Built in 1944 | Remodeled in 2009

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: 15800.0000
  • Year Renovated: 2009
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1890
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 1140
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X134.00
  • Parcel Number: W21I077687S

Tax Info

  • Tax Amount Summer: 916.0000
  • Tax Amount Winter: 104.0000
  • Total Tax: 1020.0000
  • Taxable Value: 11109.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Oct 26, 2022
Sold by
Icarus Holdings Detroit Llc
Bought by
Daned Llc
Seller's Agent
Carlo Gobba
EXP Realty Main
Buyer's Agent
Carlo Gobba
EXP Realty LLC
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%
Current Estimated Value
$102,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,027
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Dec 5, 2019
Sold by
Clo Detroit Llc
Bought by
Icarus Holdings Detroit Llc

Purchase Details

Closed on
Mar 15, 2017
Sold by
Tesh 1 Llc
Bought by
Clo Detroit Llc

Purchase Details

Closed on
Jan 14, 2016
Sold by
The D Properties Llc
Bought by
Tesh 1 Llc

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
The D Properties Llc

Purchase Details

Closed on
Mar 22, 2012
Sold by
The Abbott Family Loving Trust
Bought by
New Breed International Christian Center

Purchase Details

Closed on
Dec 31, 2009
Sold by
Abbott Florence L
Bought by
Carter Lakenya
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
Daned Llc $75,000 Sterling Title Agency
Icarus Holdings Detroit Llc -- None Available
Clo Detroit Llc $41,000 First American Title
Clo Detroit Llc $41,000 First American Title
Tesh 1 Llc -- None Available
The D Properties Llc $9,100 None Available
New Breed International Christian Center -- None Available
Carter Lakenya -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daned Llc $1,159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $70,000 -6.7% $61 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $75,000 -6.3% $66 / Sq Ft
04/04/2022 04/04/22 Price Changed $80,000 0.0% $70 / Sq Ft
04/04/2022 04/04/22 For Sale $80,000 -5.9% $70 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $85,000 -- $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 $2,172 $37,800 $0 $0
2024 $2,172 $32,500 $0 $0
2023 $2,111 $24,300 $0 $0
2022 $1,243 $20,000 $0 $0
2021 $1,210 $15,800 $0 $0
2020 $1,209 $14,200 $0 $0
2019 $1,191 $12,400 $0 $0
2018 $1,048 $10,500 $0 $0
2017 $191 $10,700 $0 $0
2016 $1,130 $15,100 $0 $0
2015 $1,510 $15,100 $0 $0
2013 $2,149 $21,485 $0 $0
2010 -- $31,499 $1,097 $30,402
Source: Public Records

Agents Affiliated with this Home

  • Carlo Gobba

    Seller's Agent in 2022

    Carlo Gobba

    EXP Realty Main

    (248) 781-2156

    1 in this area

    127 Total Sales

    Carlo Gobba
    Section Image

  • S

    Buyer's Agent in 2022

    Susan Sniegocki

    KW Platinum Port Huron

See All Agents

Map

Source: Realcomp

MLS Number: 2220018434

Realcomp

APN: 21-077687

Michigan Wayne County Detroit 48224 Cornerstone Village

5991 Marseilles St, Detroit, MI

This home is located at 5991 Marseilles St, Detroit, MI 48224 since 18 March 2022 and is currently estimated at $102,027, approximately $89 per square foot. This property was built in 1944. 5991 Marseilles St 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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