NOT LISTED FOR SALE

656 Philip St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $169,000 - $249,666

Studio
2 Baths
2,572 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2025

Last sale price $236,383 $92 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $1,098 / mo

45 Days on Market

About This Home

As of February 2025

2 unit brick multi-unit with incredible updates and additional vacant lots! Updated kitchen cabinetry & plenty of counterspace. Each unit has ample storage, updated baths, fresh paint, hardwood flooring and In-unit washer/dryer. Wonderful rental property or house-hacking opportunity. Sale includes Multi-unit located at 656/658 Philip, as well as the two side lots 664 & 668 Philip!

Last Agent to Sell the Property

Jolene Jacobs

Good Company License #6501393842 Listed on: 12/06/2024

Good Company

Last Buyer's Agent

Muffy Kroha

Max Broock, REALTORS®-Detroit License #6501397471

Max Broock, REALTORS®-Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 111.00

Parking

  • Garage

Home Design

  • 2,572 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number W21I059997S
  • $350 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Fox Creek Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$689

Year Built

Built in 1923

Lot Details

4,356 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1923
  • State Equalized Value: 9400.00
  • Pets Allowed: Call
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.10
  • Co List Office Mls Id: 425403
  • Above Grade Finished Sq Ft: 2572.00
  • Living Area: 2572.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block, BrickMortar
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Disclosures: ActualIncome, TaxesNotHomesteadExempt
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 111.00
  • Parcel Number: W21I059997S
  • Land Lease Expiration Date: 2025-06-05
  • Zoning Description: MultiFamily, Residential

Rental Info

  • Monthly Rental Income: 2345.00

Tax Info

  • Tax Amount Summer: 653.00
  • Tax Amount Winter: 36.00
  • Tax Annual Amount: 689.00
  • Tax Other Annual Assessment Amount: 350.00

Multi Family

  • Gross Scheduled Income: 28140.00
  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Feb 11, 2025
Sold by
Bought by
Seller's Agent
Jolene Jacobs
Good Company
Buyer's Agent
Muffy Kroha
Max Broock, REALTORS®-Detroit
List Price
$229,900
Sold Price
$236,383
Premium/Discount to List
$6,483
2.82%
Views
34
Current Estimated Value
$191,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,966
Avg. Annual Appreciation
-13.37%
Original Mortgage
$232,100
Outstanding Balance
$228,517
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
-$37,100

Purchase Details

Closed on
Sep 9, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 2008
Sold by
Bought by

Purchase Details

Closed on
May 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
8.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$236,383 None Listed On Document
$1,000 Title Source
-- None Available
-- None Available
$1,800 Attorneys Title Agency
$31,500 None Available
$85,000 Wolverine Title & Escrow Age
$7,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $232,100
Previous Owner $80,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold $236,383 +2.8% $92 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
12/06/2024 12/06/24 For Sale $229,900 -- $89 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $565 $13,500 $0 $0
2024 $553 $9,400 $0 $0
2023 $535 $7,030 $0 $0
2022 $559 $4,500 $0 $0
2021 $548 $3,800 $0 $0
2020 $548 $4,400 $0 $0
2019 $643 $3,420 $0 $0
2018 $340 $0 $0 $0
2017 $340 $0 $0 $0
2016 $340 $1,000 $0 $0
2015 $100 $1,000 $0 $0
2013 $247 $2,466 $0 $0
2010 -- $3,614 $584 $3,030
Source: Public Records

Agents Affiliated with this Home

  • Jolene Jacobs

    Seller's Agent in 2025

    Jolene Jacobs

    Good Company

    (248) 212-7493

    1 in this area

    320 Total Sales

    Jolene Jacobs
    Section Image
  • Muffy Kroha

    Buyer's Agent in 2025

    Muffy Kroha

    Max Broock, REALTORS®-Detroit

    (248) 310-9881

    6 in this area

    41 Total Sales

    Muffy Kroha
    Section Image
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Map

Source: Realcomp

MLS Number: 20240090043

Realcomp

APN: 21-059997

Michigan Wayne County Detroit 48215 Jefferson Chalmers

656 Philip St, Detroit, MI

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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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