NOT LISTED FOR SALE

6872 Faust Ave Detroit, MI 48228

Warrendale Neighborhood

Estimated Value: $69,000 - $144,000

4 Beds
1.5 Baths
1,432 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $30,000 $21 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $655/month

8 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Bungalow
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2016

Nice brick bungalow with covered porch and good sized yard. 2 large bedrooms upstairs with 2 bedrooms on the first floor make this the perfect home for a family. Dining room off the kitchen for family meals and a natural fireplace in the living room. You really need to take the time to see this home before it sells! This is a Fannie Mae HECM property. The seller must comply with HUD Guidelines 24 CFR 206.125.

Last Agent to Sell the Property

Ronald La Casse

Brookstone, Realtors LLC License #6501200297 Listed on: 04/26/2016

Brookstone, Realtors LLC

Last Buyer's Agent

Steve Schumacher

WEICHERT, REALTORS®-BHM Preferred License #RCO-6501358658

WEICHERT, REALTORS®-BHM Preferred

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00x140.20

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,432 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Frischkorns Warren Ave Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078386S

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240-Waste
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1882
  • Sq Ft Lower Floor: 450
  • Total Sq Ft: 1432
  • Sq Ft Total Bsmt: 945

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 153846.1538
  • Lot Size Area: 0.13
  • Lot Dimensions: 40.00X140.20
  • Parcel Number: W22I078386S

Tax Info

  • Tax Amount Summer: 1479.0000
  • Tax Amount Winter: 215.0000
  • Total Tax: 1694.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Kyle April and Edwards April Shantel
Bought by
Edwards Nelson
Current Estimated Value
$103,024

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 13, 2016
Sold by
Fannie Mae
Bought by
Kyle April
Seller's Agent
Ronald La Casse
Brookstone, Realtors LLC
Buyer's Agent
Steve Schumacher
WEICHERT, REALTORS®-BHM Preferred
List Price
$20,000
Sold Price
$30,000
Premium/Discount to List
$10,000
50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%

Purchase Details

Closed on
Sep 28, 2015
Sold by
Reverse Mortgage Solutions Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 3, 2015
Sold by
Oliver Ammie L
Bought by
Reverse Mortgage Solutions Inc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Nassar Jessica
Bought by
Oliver Ammie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2008
Sold by
Wachovia Mortgage Bank Fsb
Bought by
Nassar Jessica

Purchase Details

Closed on
Jan 2, 2008
Sold by
Fetwi Siraj
Bought by
World Savings Bank Fsb
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
Edwards Nelson -- None Listed On Document
Edwards Nelson -- None Listed On Document
Kyle April $30,000 Best Homes Title Agency Llc
Federal National Mortgage Association -- Attorney
Reverse Mortgage Solutions Inc $26,000 Attorney
Oliver Ammie L $115,000 None Available
Nassar Jessica -- None Available
World Savings Bank Fsb $13,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oliver Ammie L $172,500
Previous Owner Nassar Jessica $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $30,000 +50.0% $21 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $20,000 -- $14 / 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 $1,181 $41,400 $0 $0
2024 $1,181 $34,900 $0 $0
2023 $1,145 $27,200 $0 $0
2022 $1,253 $23,000 $0 $0
2021 $1,218 $17,400 $0 $0
2020 $1,208 $16,200 $0 $0
2019 $1,190 $14,100 $0 $0
2018 $1,016 $13,200 $0 $0
2017 $256 $13,500 $0 $0
2016 $1,599 $20,200 $0 $0
2015 $2,020 $20,200 $0 $0
2013 $3,021 $30,214 $0 $0
2010 -- $44,298 $1,029 $43,269
Source: Public Records

Agents Affiliated with this Home

  • Ronald La Casse

    Seller's Agent in 2016

    Ronald La Casse

    Brookstone, Realtors LLC

    (313) 303-2180

    54 Total Sales

    Ronald La Casse
    Section Image

  • S

    Buyer's Agent in 2016

    Steve Schumacher

    WEICHERT, REALTORS®-BHM Preferred

    (734) 776-0115

    64 Total Sales

    Steve Schumacher
    Section Image
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Map

Source: Realcomp

MLS Number: 216039469

Realcomp

APN: 22-078386

Michigan Wayne County Detroit 48228 Warrendale

6872 Faust Ave, Detroit, MI

This home is located at 6872 Faust Ave, Detroit, MI 48228 since 26 April 2016 and is currently estimated at $103,024, approximately $71 per square foot. This property was built in 1946. 6872 Faust Ave is a home located in Wayne County with nearby schools including Carver STEM Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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.

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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