NOT LISTED FOR SALE

7171 Tuxedo St Detroit, MI 48204

Oakman Boulevard Community Neighborhood

Estimated Value: $87,000 - $105,000

4 Beds
2 Baths
1,974 Sq Ft
$49/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $18,900 $10 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $591/month

7 Days on Market

About This Home

As of June 2017

No work necessary. Buy building, make money. Seller lives upstairs. Downstairs is rented (possibly under rented). Renter would like to stay if possible. Separate furnaces and electric meters. Quit claim deed, but taxes and water are paid up to date.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group LLC License #MISPE-6502378429 Listed on: 04/26/2017

Co-Listed By

Robert Funk

City Real Estate Group LLC License #MISPE-6501112525

Last Buyer's Agent

Ralph Monko

Community Choice Realty Associates License #RCO-6501397826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1925

Lot Details

  • 4,356

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2-Story Property
  • 4,356 Sq Ft Lot
  • Basement

Community Details

  • 2 Units
  • Allens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16005640.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1925
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1974

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 16005640.
  • Lot Dimensions: 34
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $820.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Total Days on Market
7
Current Estimated Value
$96,487

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 31, 2017
Sold by
Patel Jamie
Bought by
Apyy Investments Llc
Seller's Agent
Albert Hakim
City Real Estate Group LLC
Buyer's Agent
Ralph Monko
Community Choice Realty Associates
List Price
$18,900
Sold Price
$18,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%

Purchase Details

Listed on
Dec 11, 2013
Closed on
Mar 17, 2014
Sold by
Mackey Steven
Bought by
Pate Jamie Arthur
Seller's Agent
Pamela Easley
First Millennium Real Estate
Buyer's Agent
Charvez Miles
C Miles Realty LLC
List Price
$4,900
Sold Price
$1,999
Premium/Discount to List
-$2,901
-59.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.36%

Purchase Details

Listed on
Dec 11, 2013
Closed on
Feb 26, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ace Realty Group Llc
Seller's Agent
Pamela Easley
First Millennium Real Estate
Buyer's Agent
Charvez Miles
C Miles Realty LLC
List Price
$4,900
Sold Price
$1,999
Premium/Discount to List
-$2,901
-59.2%

Purchase Details

Closed on
Mar 7, 2013
Sold by
Smith Ernest B
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
Sep 18, 2006
Sold by
Smith Ernest B
Bought by
Ernest B Smith Revocable Trust
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
Detroit Land Bank Authority -- --
Apyy Investments Llc -- None Available
Pate Jamie Arthur $4,850 None Available
Ace Realty Group Llc $1,999 Etitle
The Federal Home Loan Mortgage Corporati $11,000 None Available
Ernest B Smith Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Ernest B $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $18,900 0.0% $10 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $18,900 +845.5% $10 / Sq Ft
02/28/2014 02/28/14 Sold $1,999 -59.2% $1 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $4,900 -- $2 / Sq Ft
Source: Michigan Multiple Listing Service

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 $781 $0 $0 $0
2024 $781 $14,000 $0 $0
2023 $1,002 $10,830 $0 $0
2022 $1,056 $11,400 $0 $0
2021 $1,033 $8,500 $0 $0
2020 $1,032 $10,700 $0 $0
2019 $920 $8,900 $0 $0
2018 $917 $7,500 $0 $0
2017 $119 $6,900 $0 $0
2016 $892 $28,500 $0 $0
2015 $650 $6,500 $0 $0
2013 $905 $9,053 $0 $0
2010 -- $12,972 $664 $12,308
Source: Public Records

Agents Affiliated with this Home

  • Albert Hakim

    Seller's Agent in 2017

    Albert Hakim

    City Real Estate Group LLC

    (313) 800-7653

    1 in this area

    89 Total Sales

    Albert Hakim
    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Robert Funk

    City Real Estate Group LLC

    Section Image
  • Ralph Monko

    Buyer's Agent in 2017

    Ralph Monko

    Community Choice Realty Associates

    (586) 372-1999

    5 Total Sales

    Ralph Monko
    Section Image

  • P

    Seller's Agent in 2014

    Pamela Easley

    First Millennium Real Estate

    Section Image
  • Charvez Miles

    Buyer's Agent in 2014

    Charvez Miles

    C Miles Realty LLC

    (313) 912-6694

    1 in this area

    115 Total Sales

    Charvez Miles
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31318077

Michigan Multiple Listing Service

APN: 16-005640

Michigan Wayne County Detroit 48204 Oakman Boulevard Community

7171 Tuxedo St, Detroit, MI

This home is located at 7171 Tuxedo St, Detroit, MI 48204 since 26 April 2017 and is currently estimated at $96,487, approximately $48 per square foot. This property was built in 1925. 7171 Tuxedo St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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