$60,000
SOLD FEB 28, 2025
3 Beds
1 Bath
816 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

14% Below List Price

142 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow
  • Laundry Facilities

About This Home

As of February 2025

**OPPORTUNITY** This 3 bedroom, 1 bathroom home would be perfect for either a first time home buyer OR a rental property for an aspiring investor! The home features newer vinyl flooring throughout, forced air heating, a 3D architectural shingle roof, a 1st floor laundry room, an updated 100 amp electrical panel, a spacious kitchen, and so much more! With rents for a Sec 8 tenant as high as $1,300/month, the cash flow on this property would be quite strong! Located just blocks away from Dearborn and less than a mile from the major shopping and restaurant center at Ford Rd. and Southfield Freeway!

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 10/02/2024

RE/MAX Leading Edge

Co-Listed By

Samuel Kain

RE/MAX Leading Edge License #6501415392

Last Buyer's Agent

Hassan Hammoud

U.S. Investor Group License #6501457390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 128.00

Home Design

  • Bungalow
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 816 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number W22I074636S

Community Details

Overview

  • No Home Owners Association
  • Rycraft Park Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1943
  • State Equalized Value: 13900.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 582500.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 816

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Porch Type: Porch
  • 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 128.00
  • Parcel Number: W22I074636S

Tax Info

  • Tax Amount Summer: 722.0000
  • Tax Amount Winter: 59.0000
  • Total Tax: 781.0000
  • Taxable Value: 6263.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 28, 2025
Sold by
1526 Bricks Llc
Bought by
Global Alliance Investment Llc
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Hassan Hammoud
U.S. Investor Group
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Views
163
Current Estimated Value
$64,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,484
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Oct 15, 2021
Sold by
Teutazione Llc
Bought by
1526 Bricks Llc

Purchase Details

Closed on
Jun 17, 2021
Sold by
Gikas Meltem
Bought by
Tentazione Llc

Purchase Details

Closed on
Jun 16, 2021
Sold by
Gikas Paul
Bought by
Gikas Meltern

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Weeks Dana

Purchase Details

Closed on
Mar 29, 2007
Sold by
Sawyer Bradford
Bought by
The Laker Group Llc

Purchase Details

Closed on
Feb 8, 2006
Sold by
Stol Nicole
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 4, 2005
Sold by
Craig W Covert Properties Llc
Bought by
Stol Nicole

Purchase Details

Closed on
Jul 1, 2003
Sold by
Covert Craig W
Bought by
Craig W Covert Properties Llc

Purchase Details

Closed on
Dec 12, 2002
Sold by
Hayden Bill B and Hayden William Blane
Bought by
Covert Craig
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $60,000 None Listed On Document
Warranty Deed $60,000 None Listed On Document
Warranty Deed $89,000 Regions Title Agency Llc
Warranty Deed $19,000 Leading Edge Title Agency
Interfamily Deed Transfer -- Leading Edge Title Agcy Llc
Quit Claim Deed $1,437 None Available
Warranty Deed $86,500 Title Direct Llc
Sheriffs Deed $79,987 None Available
Warranty Deed $85,000 Commonwealth Land Title
Quit Claim Deed -- --
Warranty Deed $50,500 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $60,000 -14.2% $74 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
11/29/2024 11/29/24 For Sale $69,900 0.0% $86 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $69,900 -- $86 / 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 $745 $21,500 $0 $0
2024 $745 $17,800 $0 $0
2023 $722 $13,900 $0 $0
2022 $961 $11,600 $0 $0
2021 $744 $8,800 $0 $0
2020 $744 $8,200 $0 $0
2019 $735 $7,200 $0 $0
2018 $660 $6,600 $0 $0
2017 $101 $6,800 $0 $0
2016 $711 $5,600 $0 $0
2015 $560 $5,600 $0 $0
2013 $750 $7,500 $0 $0
2010 -- $21,605 $810 $20,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240072653

Realcomp

APN: 22-074636