NOT LISTED FOR SALE

7131 Lisbon St Detroit, MI 48209

Southwest Detroit Neighborhood

Estimated Value: $41,204 - $250,000

2 Beds
4 Baths
3,604 Sq Ft
$39/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $22,000 $6 Per Sq Ft

Est. 538% increase in value since last sale

Current estimated payment $832/month

193 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of September 2015

CLEAN 4 UNIT MULTIFAMILY WITH TWO BEDROOMS,LIVING RM, DINNING RM AND KITCHEN IN EACH UNIT. PROPERTY BEING SOLD IN AS IS CONDITION!!

Last Agent to Sell the Property

Sherri Saad

RE/MAX Leading Edge License #6502392274 Listed on: 02/27/2015

RE/MAX Leading Edge

Last Buyer's Agent

Sherri Saad

RE/MAX Leading Edge License #6502392274 Listed on: 02/27/2015

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 47.10x120.00

Parking

  • Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,604 Sq Ft Home
  • Multi-Level Property
  • Basement

Utilities

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

Community Details

  • 4 Units
  • Lovetts Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I000720S

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 4-10 Story
  • Assessment: 340
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Sq Ft Combined: 3604
  • Total Sq Ft: 3604

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Frontage Feet: 47
  • Road Frontage Type: Paved

Garage/Parking

  • 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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 219230.7692
  • Lot Size Area: 0.13
  • Lot Dimensions: 47.10X120.00
  • Parcel Number: W18I000720S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 397.0000
  • Tax Amount Winter: 565.0000
  • Total Tax: 962.0000

Multi Family

  • Number Of Units Total: 4
  • Number of One Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Lopez Ricardo
Bought by
Salazar-Diaz Miguel
Current Estimated Value
$140,301

Purchase Details

Listed on
Feb 27, 2015
Closed on
Sep 22, 2015
Sold by
Garcia Rigoberto
Bought by
Salazar Diaz Miguel and Lopez Ricardo
Seller's Agent
Sherri Saad
RE/MAX Leading Edge
Buyer's Agent
Sherri Saad
RE/MAX Leading Edge
List Price
$28,500
Sold Price
$22,000
Premium/Discount to List
-$6,500
-22.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.26%

Purchase Details

Listed on
Feb 27, 2015
Closed on
Sep 3, 2015
Sold by
Garcia Gloria M
Bought by
Garcia Rigoberto
Seller's Agent
Sherri Saad
RE/MAX Leading Edge
Buyer's Agent
Sherri Saad
RE/MAX Leading Edge
List Price
$28,500
Sold Price
$22,000
Premium/Discount to List
-$6,500
-22.81%

Purchase Details

Closed on
Apr 26, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 2011
Sold by
Toth Janos and Toth Erszebet
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Oct 28, 2003
Sold by
Toth David Janos
Bought by
Toth Janos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
6.04%
Mortgage Type
Unknown
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
Salazar-Diaz Miguel $84,000 None Listed On Document
Salazar-Diaz Miguel $84,000 None Listed On Document
Salazar Diaz Miguel $22,000 Venture Title Agency
Garcia Rigoberto -- Attorney
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $82,555 Oak Hills Land Title Agency
Toth Janos -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toth Janos $91,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2015 09/22/15 Sold $22,000 -22.8% $6 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $28,500 +220.2% $8 / Sq Ft
11/20/2012 11/20/12 Sold $8,900 -51.9% $2 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $18,500 -- $5 / 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 $1,086 $14,300 $0 $0
2024 $1,086 $11,100 $0 $0
2023 $519 $8,455 $0 $0
2022 $542 $5,600 $0 $0
2021 $532 $3,740 $0 $0
2020 $532 $4,600 $0 $0
2019 $527 $3,330 $0 $0
2018 $584 $3,300 $0 $0
2017 $59 $3,100 $0 $0
2016 $1,132 $700 $0 $0
2015 $70 $700 $0 $0
2013 $2,331 $23,314 $0 $0
2010 -- $33,405 $800 $32,605
Source: Public Records

Agents Affiliated with this Home

  • Sherri Saad

    Seller's Agent in 2015

    Sherri Saad

    RE/MAX

    (313) 598-5322

    4 in this area

    557 Total Sales

    Sherri Saad
    Section Image
  • Zena Dakroub

    Seller's Agent in 2012

    Zena Dakroub

    Realty Executives

    (313) 485-8770

    138 Total Sales

    Zena Dakroub
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215014712

Realcomp

APN: 18-000720

Michigan Wayne County Detroit 48209 Southwest Detroit

7131 Lisbon St, Detroit, MI

This home is located at 7131 Lisbon St, Detroit, MI 48209 since 27 February 2015 and is currently estimated at $140,301, approximately $38 per square foot. This property was built in 1923. 7131 Lisbon St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Western International High School.

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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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