NOT LISTED FOR SALE

632 E Bethune St Detroit, MI 48202

North End Neighborhood

Estimated Value: $26,000 - $137,000

0.09 Acre
$768,744 Price per Acre
3,920 Sq Ft Lot

Last Sold February 20, 2019

Last sale price $22,000 $16 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $361/month

121 Days on Market

About This Lot

As of February 2019

Location, location, location! A rare opportunity to purchase a prime vacant lot nestled next to New Center and E Grand Blvd! Within walking distance to Woodward Avenue and the Q-Line, this property gives you quick access to all of Detroit! Opportunity to purchase land in this area is uncommon and will only become more scarce as demand and prices continue to soar. This will not last long! Buyer to pay Listing Broker a compliance/transaction fee of $495.00

Last Agent to Sell the Property

Luke Boyea

Real Broker LLC Troy License #6501404566 Listed on: 08/15/2018

Last Buyer's Agent

Luke Boyea

Real Broker LLC Troy License #6501404566 Listed on: 08/15/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.00x125.34

Community Details

  • Wm. Y. Hamlin & S. J. Browns Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W03I001882S

Property Details

Property Type

Land

Est. Annual Taxes

$26

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 300.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal), Water at Street
  • High Speed Internet: Yes

Lot Info

  • List Price per Acre: 655555.5556
  • Lot Size Area: 0.09
  • Lot Dimensions: 30.00X125.34
  • Parcel Number: W03I001882S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 23.0000
  • Tax Amount Winter: 3.0000
  • Total Tax: 26.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Jan 31, 2019
Sold by
Eig Detroit Llc
Bought by
632 E Bethune Llc
Seller's Agent
Luke Boyea
Real Broker LLC Troy
Buyer's Agent
Luke Boyea
EXP Realty LLC
List Price
$69,900
Sold Price
$22,000
Premium/Discount to List
-$47,900
-68.53%
Current Estimated Value
$69,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,187
Avg. Annual Appreciation
18.12%

Purchase Details

Closed on
Dec 27, 2016
Sold by
Ellis Brett and Ellis Hannah
Bought by
Eig Detroit Llc

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Ellis Hannah and Ellis Brett

Purchase Details

Closed on
Dec 23, 2003
Sold by
Magnum Property Management Llc
Bought by
Brown Simonne R

Purchase Details

Closed on
Nov 19, 2003
Sold by
Magnum Property Management Llc
Bought by
Dyer Sharriff M

Purchase Details

Closed on
May 28, 2003
Sold by
Davis Van L
Bought by
Magnum Property Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
632 E Bethune Llc $22,000 First American Title Ins Co
Eig Detroit Llc $150 None Available
Ellis Hannah $2,100 None Available
Brown Simonne R -- Lamont Title Corporation
Dyer Sharriff M -- Lamont Title Company
Magnum Property Management Llc -- Lamont Title Corporation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2019 02/20/19 Sold $22,000 -62.7% $16 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
10/24/2018 10/24/18 Price Changed $59,000 -9.2% $43 / Sq Ft
09/28/2018 09/28/18 Price Changed $65,000 -7.0% $48 / Sq Ft
08/15/2018 08/15/18 For Sale $69,900 -- $51 / 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 $30 $2,200 $0 $0
2024 $30 $400 $0 $0
2023 $31 $400 $0 $0
2022 $35 $400 $0 $0
2021 $35 $400 $0 $0
2020 $35 $400 $0 $0
2019 $27 $400 $0 $0
2018 $23 $300 $0 $0
2017 $6 $300 $0 $0
2016 $705 $21,900 $0 $0
2015 $522 $7,700 $0 $0
2013 $506 $9,161 $0 $0
2010 -- $12,149 $480 $11,669
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Luke Boyea

    Real Broker LLC Troy

    (231) 818-9328

    2 in this area

    51 Total Sales

    Luke Boyea
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Map

Source: Realcomp

MLS Number: 218078934

Realcomp

APN: 03-001882

Michigan Wayne County Detroit 48202 North End

632 E Bethune St, Detroit, MI

Not Listed for Sale

Lots

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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