NOT LISTED FOR SALE

7248 Vaughan St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $94,000 - $130,000

3 Beds
2 Baths
1,506 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $28,000 $19 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $717/month

14 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Private Entrance

About This Home

As of June 2015

VERSATILE IS THE WORD FOR THIS LARGE UPDATED 3 BR.,2 BATH, 2 KIT HOME WITH 2 PRIVATE ENTRANCES. HOME COULD BE INCOME PROP OR A MULTI-FAM HOME. ZONED RESIDENTIAL. FULL BASEMENT. LOWER 2BR UNIT CURRENTLY TENANT OCCUPIED AT $600./MO. FULL SUITE ON 2ND FLOOR WITH 1 BR, KIT, DIN. RM. & BATH. NO LAND CONTRACT. LARGE ROOM ON 2ND FLOOR COULD EASILY BE USED AS A LIVING ROOM OR CONVERTED INTO ANOTHER BEDROOM. HOME SOLD "AS IS". UPDATES: NEW WIN, EXT DOORS, FURNACE, HWH & GLASS BLCK WIN. SERIOUS BUYERS ONLY. SHOWINGS BY APPT. ONLY WITH 24 HR NOTICE. DO NOT APPROACH TENANTS.

Last Agent to Sell the Property

Louis Williams

HomeRun Homes Property Mngmt License #6501241095 Listed on: 05/13/2015

Last Buyer's Agent

Frank Lee

Crown Properties International License #RCO-6502410952

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x127
  • Private Entrance
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,506 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Leased

Parking

  • Garage
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Units
  • Walshs John H Warren Ave Evergreen Pk Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I097317S

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (rented)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 1506
  • Total Sq Ft: 1506
  • Sq Ft Total Bsmt: 847

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Separate Meter, Window Unit(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 233333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x127
  • Parcel Number: W22I097317S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 600

Tax Info

  • Tax Amount Summer: 1717.0000
  • Tax Amount Winter: 167.0000
  • Total Tax: 1884.0000

Multi Family

  • Gross Scheduled Income: 7200.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2025
Sold by
Chen Fang
Bought by
Determined Group Llc
Current Estimated Value
$111,765

Purchase Details

Closed on
Sep 18, 2015
Sold by
Gom Llp
Bought by
Chen Fang

Purchase Details

Listed on
May 13, 2015
Closed on
Aug 12, 2015
Sold by
Wu Zeng Yao
Bought by
Gom Llp
Seller's Agent
Louis Williams
HomeRun Homes Property Mngmt
Buyer's Agent
Frank Lee
Crown Properties International
List Price
$28,000
Sold Price
$28,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 12, 2015
Sold by
Sinclair Robert and Sinclair Summer
Bought by
Wu Zeng Yao
Seller's Agent
Louis Williams
HomeRun Homes Property Mngmt
Buyer's Agent
Frank Lee
Crown Properties International
List Price
$28,000
Sold Price
$28,000

Purchase Details

Closed on
Sep 15, 2011
Sold by
Esper Marilynn and Piazza Gina M
Bought by
Sinclair Robert
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
Determined Group Llc -- None Listed On Document
Determined Group Llc -- None Listed On Document
Chen Fang -- Leading Edge Title Agency
Gom Llp -- None Available
Wu Zeng Yao $28,000 Title Connect
Sinclair Robert $8,000 Tri County Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $28,000 0.0% $19 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $28,000 -- $19 / 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 $1,502 $49,500 $0 $0
2024 $1,502 $41,800 $0 $0
2023 $1,459 $32,600 $0 $0
2022 $1,558 $23,000 $0 $0
2021 $1,515 $17,500 $0 $0
2020 $1,514 $16,300 $0 $0
2019 $1,490 $14,300 $0 $0
2018 $1,402 $13,800 $0 $0
2017 $267 $14,100 $0 $0
2016 $1,666 $15,700 $0 $0
2015 $1,570 $15,700 $0 $0
2013 $2,349 $23,493 $0 $0
2010 -- $34,444 $931 $33,513
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Louis Williams

    HomeRun Homes Property Mngmt

    Section Image
  • Frank Lee

    Buyer's Agent in 2015

    Frank Lee

    Crown Properties International

    (248) 802-0889

    52 Total Sales

    Frank Lee
    Section Image
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Map

Source: Realcomp

MLS Number: 215046926

Realcomp

APN: 22-097317

Michigan Wayne County Detroit 48228 Franklin Park

7248 Vaughan St, Detroit, MI

This home is located at 7248 Vaughan St, Detroit, MI 48228 since 13 May 2015 and is currently estimated at $111,765, approximately $74 per square foot. This property was built in 1926. 7248 Vaughan St is a home located in Wayne County with nearby schools including Bates 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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