NOT LISTED FOR SALE

Estimated Value: $278,000 - $407,888

8 Beds
4 Baths
4,469 Sq Ft
$83/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $262,000 $59 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,384/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • Baseboard Heating
  • 3-minute walk to Pat Lane Park

About This Home

As of February 2023

Lots of money to be made here. This home is in the desired, brick paved street of Virginia Park. THIS IS A REHAB PROPERTY AND WILL NOT CURRENTLY QUALIFY FOR A CERTIFICATE OF OCCUPANCY OR TRADITIONAL FINANCING. Great potential here with huge square footage. Good bones

Last Agent to Sell the Property

Caren Burdi

Michigan Realty Group LLC License #6501188126 Listed on: 08/21/2022

Last Buyer's Agent

Caren Burdi

Michigan Realty Group LLC License #6501188126 Listed on: 08/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1908

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50.00 x 163.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,469 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • Ground Level

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam

Community Details

  • No Home Owners Association
  • Peerless Addition No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W04I001923S

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,965

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1908
  • State Equalized Value: 109500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Room Count: 17
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 4469
  • Total Sq Ft: 4469
  • Sq Ft Total Bsmt: 1835

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Block
  • Frontage Feet: 50

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating: Baseboard, Hot Water, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 50.00 x 163.00
  • Parcel Number: W04I001923S

Tax Info

  • Tax Amount Summer: 2566.0000
  • Tax Amount Winter: 399.0000
  • Total Tax: 2965.0000
  • Taxable Value: 42190.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2022
Closed on
Feb 3, 2023
Sold by
Horgan Michelle
Bought by
Cowin Jeffrey
Seller's Agent
Caren Burdi
Michigan Realty Group LLC
Buyer's Agent
Caren Burdi
Michigan Realty Group LLC
List Price
$265,000
Sold Price
$262,000
Premium/Discount to List
-$3,000
-1.13%
Views
23
Current Estimated Value
$369,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,722
Avg. Annual Appreciation
14.40%
Original Mortgage
$250,000
Outstanding Balance
$242,095
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$127,627

Purchase Details

Closed on
Mar 28, 2006
Sold by
Watts Dana
Bought by
Horgan John T

Purchase Details

Closed on
Oct 12, 2005
Sold by
Vella Stephen and Vella Joyce
Bought by
Horgan John T

Purchase Details

Closed on
Jul 13, 2005
Sold by
Alflen Kenneth L and Alflen Kathleen J
Bought by
Vella Stephen
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
Cowin Jeffrey $262,000 Peak Title
Horgan John T -- Chicago Title Insurance Co
Horgan John T -- Philip R Seaver Title Co Inc
Vella Stephen $30,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowin Jeffrey $250,000
Previous Owner Horgan John T $20,000
Previous Owner Horgan John T $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $262,000 -1.1% $59 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/21/2022 08/21/22 For Sale $265,000 -- $59 / 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 $18,938 $281,500 $0 $0
2024 $18,938 $251,400 $0 $0
2023 $3,763 $203,600 $0 $0
2022 $4,050 $168,100 $0 $0
2021 $3,683 $109,500 $0 $0
2020 $3,922 $91,500 $0 $0
2019 $130 $2,500 $0 $0
2018 $111 $1,900 $0 $0
2017 $27 $1,900 $0 $0
2016 $365 $76,300 $0 $0
2015 $140 $1,400 $0 $0
2013 $138 $1,379 $0 $0
2010 -- $1,379 $1,378 $1
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221033223

Realcomp

APN: 04-001923