NOT LISTED FOR SALE

7306 Stout St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $80,000 - $99,000

3 Beds
1 Bath
992 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $20,000 $20 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $589/month

15 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Detached Garage
  • Cass Technical High School Rated 10
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of August 2019

Great deal for an investor looking on the west side of Detroit in a beautiful neighborhood! Come be a part of the revitalization of the Motor City! Restore this quaint 3 bed 1 bath ranch to its former beauty! Natural fireplace in the living room and a full basement just waiting to be re-finished! Buyers agent to verify all info, as it is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Dane Michael Zawol

Vylla Home License #6501399255 Listed on: 06/05/2019

Last Buyer's Agent

Kiara Goins

Woodward Square Realty, LLC License #RCO-6501400222

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x120.00

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 992 Sq Ft Home
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Frischkorns Parkdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I100934S

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1947
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1492
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 992
  • Sq Ft Total Bsmt: 787

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch - Covered
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • 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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 150000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X120.00
  • Parcel Number: W22I100934S

Tax Info

  • Tax Amount Summer: 958.0000
  • Tax Amount Winter: 116.0000
  • Total Tax: 1074.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Babi Mark
Bought by
Stout Street Llc
Current Estimated Value
$88,705

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 12, 2019
Sold by
Wells Fargo Bank Na
Bought by
Babi Mark
Seller's Agent
Dane Michael Zawol
Vylla Home
Buyer's Agent
Kiara Goins
Woodward Square Realty, LLC
List Price
$15,000
Sold Price
$20,000
Premium/Discount to List
$5,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.46%

Purchase Details

Closed on
Jul 19, 2018
Sold by
Mccray John T
Bought by
Wells Fargo Bank Na and Carrington Mortgage Loan 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
Stout Street Llc -- --
Babi Mark $20,000 None Available
Wells Fargo Bank Na $19,600 Sun Title Agency Of Michigan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $20,000 +33.3% $20 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $15,000 -- $15 / 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 $1,424 $34,000 $0 $0
2024 $1,424 $28,600 $0 $0
2023 $1,383 $22,300 $0 $0
2022 $1,476 $19,100 $0 $0
2021 $1,435 $14,500 $0 $0
2020 $1,435 $13,500 $0 $0
2019 $1,070 $11,800 $0 $0
2018 $958 $12,200 $0 $0
2017 $237 $12,500 $0 $0
2016 $1,252 $15,100 $0 $0
2015 $1,510 $15,100 $0 $0
2013 $2,261 $22,610 $0 $0
2010 -- $33,150 $857 $32,293
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dane Michael Zawol

    Vylla Home

    Section Image
  • Kiara Goins

    Buyer's Agent in 2019

    Kiara Goins

    Woodward Square Realty, LLC

    (313) 363-4284

    8 Total Sales

    Kiara Goins
    Section Image
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Map

Source: Realcomp

MLS Number: 219053262

Realcomp

APN: 22-100934

Michigan Wayne County Detroit 48228 Franklin Park

7306 Stout St, Detroit, MI

This home is located at 7306 Stout St, Detroit, MI 48228 since 05 June 2019 and is currently estimated at $88,705, approximately $89 per square foot. This property was built in 1947. 7306 Stout 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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