721 Mcdougall St Unit 3 Detroit, MI 48207
Elmwood Park NeighborhoodEstimated Value: $135,000 - $173,885
3
Beds
2
Baths
1,512
Sq Ft
$230/mo
HOA Fee
Highlights
- Bungalow
- Forced Air Heating System
- 5-minute walk to Ralph Bunche Cooperative Park / Jos Campau Greenway
- Cass Technical High School Rated 10
About This Home
As of November 2023STABLIZED RENTAL or Owner Occupied IN A HOT AREA OF THE CITY. Ideal for the investor looking for a stable investment. The current lease ends October 2023. This unit has 3 bedrooms, 2 baths with a full basement. It has all the convenience of a condo with the features of a home.
Property Details
Home Type
- Condominium
Est. Annual Taxes
Year Built
- Built in 1969 | Remodeled in 2022
Lot Details
- 2,701
HOA Fees
- $230 Monthly HOA Fees
Home Design
- Bungalow
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 1,512 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Kitchen
- Free-Standing Electric Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number W13I000447S003
Community Details
Overview
- Robinson Realty Association, Phone Number (248) 593-9494
- Wayne County Planno 603P722 781 Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2023
Closed on
Nov 3, 2023
Sold by
Lgr Units Llc
Bought by
Ghaleb Mostafa
Seller's Agent
Robin Martin
Homes 4 You Realty LLC
Buyer's Agent
Robin Martin
Homes 4 You Realty LLC
List Price
$135,000
Sold Price
$138,000
Premium/Discount to List
$3,000
2.22%
Total Days on Market
3
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,471
Avg. Annual Appreciation
10.24%
Original Mortgage
$124,200
Outstanding Balance
$122,549
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$36,406
Purchase Details
Closed on
Sep 5, 2019
Sold by
King Sherard
Bought by
Lgr Units Llc
Purchase Details
Closed on
Jul 18, 2019
Sold by
River Park Place Condominium Association
Bought by
Grier Brandon
Purchase Details
Closed on
May 31, 2016
Sold by
Brooks Stacy K
Bought by
King Sherrard
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ghaleb Mostafa | $138,000 | Peak Title | |
| Lgr Units Llc | -- | None Available | |
| Grier Brandon | $11,598 | None Available | |
| King Sherrard | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ghaleb Mostafa | $124,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $138,000 | +2.2% | $91 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/29/2023 08/29/23 | For Sale | $135,000 | -- | $89 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,382 | $23,600 | $0 | $0 |
| 2023 | $1,478 | $19,200 | $0 | $0 |
| 2022 | $2,117 | $24,400 | $0 | $0 |
| 2021 | $1,815 | $22,700 | $0 | $0 |
| 2020 | $1,814 | $20,500 | $0 | $0 |
| 2019 | $863 | $13,500 | $0 | $0 |
| 2018 | $563 | $9,300 | $0 | $0 |
| 2017 | $136 | $7,500 | $0 | $0 |
| 2016 | $743 | $14,600 | $0 | $0 |
| 2015 | $710 | $7,100 | $0 | $0 |
| 2013 | -- | $7,509 | $0 | $0 |
| 2010 | -- | $11,009 | $6,000 | $5,009 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Martin
R
Seller's Agent in 2023
Robin Martin
Homes 4 You Realty LLC
(313) 506-3009
1 in this area
32 Total Sales
Map
Source: Realcomp
MLS Number: 20230072422
APN: 13-000447-003
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