NOT LISTED FOR SALE

721 Mcdougall St Unit 3 Detroit, MI 48207

Elmwood Park Neighborhood

Estimated Value: $145,000 - $176,787

3 Beds
2 Baths
1,512 Sq Ft
$230/mo HOA Fee

Last Sold November 30, 2023

Last sale price $138,000 $91 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,209/month

3 Days on Market

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 2023

STABLIZED 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.

Last Agent to Sell the Property

Robin Martin

Homes 4 You Realty LLC License #6501207927 Listed on: 08/29/2023

Last Buyer's Agent

Robin Martin

Homes 4 You Realty LLC License #6501207927 Listed on: 08/29/2023

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,507

Year Built

Built in 1969 | Remodeled in 2022

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1969
  • State Equalized Value: 24400.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Electric Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 1762
  • Sq Ft Lower Floor: 250
  • Total Sq Ft: 1512
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248-593-9494
  • Association Fee: 230
  • Association Contact: Robinson Realty
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W13I000447S003

Tax Info

  • Tax Amount Summer: 1305.0000
  • Tax Amount Winter: 202.0000
  • Total Tax: 1507.0000
  • Taxable Value: 21472.0000

MLS Schools

  • School District: Detroit

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%
Views
77
Current Estimated Value
$163,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,447
Avg. Annual Appreciation
9.42%
Original Mortgage
$124,200
Outstanding Balance
$122,029
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$41,418

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
Source: Public Records

Range of Values:

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Average Value
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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
Ghaleb Mostafa $138,000 Peak Title
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
Closed Ghaleb Mostafa $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $1,382 $26,700 $0 $0
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

  • R

    Seller's Agent in 2023

    Robin Martin

    Homes 4 You Realty LLC

    (313) 506-3009

    1 in this area

    28 Total Sales

    Robin Martin
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Map

Source: Realcomp

MLS Number: 20230072422

Realcomp

APN: 13-000447-003

Michigan Wayne County Detroit 48207 Elmwood Park

721 Mcdougall St Unit 3, Detroit, MI

This home is located at 721 Mcdougall St Unit 3, Detroit, MI 48207 since 29 August 2023 and is currently estimated at $163,447, approximately $108 per square foot. This property was built in 1969. 721 Mcdougall St Unit 3 is a home located in Wayne County with nearby schools including Ralph J.Bunche Preparatory 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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