NOT LISTED FOR SALE

7324 Plainview Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $85,100 - $160,000

4 Beds
2 Baths
2,016 Sq Ft
$57/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $150,000 $74 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $795/month

71 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Hot Water Heating System
  • Cass Technical High School Rated 10

About This Home

As of June 2024

Bring your best offer today! Hop right into an already income-producing investment! This two-family flat offers updated living spaces across both units, each featuring two bedrooms, 1 bathroom and currently rented at $800/mo. Embrace this significant income opportunity in Detroit's dynamic landscape. This property, sbeing old as is, beckons the savvy investor or buyer. Additionally, the adjoining lot is available for purchase, enhancing expansion possibilities. Both units are currently tenant-occupied, ensuring immediate revenue. Explore the blend of classic charm and financial potential?! BATVAI

Last Agent to Sell the Property

Arianna Lee

National Realty Centers, Inc License #6501428504 Listed on: 03/16/2024

National Realty Centers, Inc

Last Buyer's Agent

Arianna Lee

National Realty Centers, Inc License #6501428504 Listed on: 03/16/2024

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 124.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,016 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W22I093607S

Community Details

Overview

  • 2 Units
  • Sloans Walsh West Warren Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,768

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1929
  • State Equalized Value: 32000.0000
  • Pets Allowed: Call, Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2016
  • Total Sq Ft: 2016
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 124.00
  • Parcel Number: W22I093607S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 1612.0000
  • Tax Amount Winter: 156.0000
  • Total Tax: 1768.0000
  • Taxable Value: 16523.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Jun 5, 2024
Sold by
Diabate Adjara Cisse
Bought by
Miller Istan and Muhammad-Miller Saiyda
Seller's Agent
Arianna Lee
National Realty Centers, Inc
Buyer's Agent
Arianna Lee
National Realty Centers, Inc
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Views
43
Current Estimated Value
$120,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,512
Avg. Annual Appreciation
-14.70%

Purchase Details

Closed on
Jul 20, 2022
Sold by
Land & Building Llc
Bought by
Diabate Adjara Cisse

Purchase Details

Closed on
Aug 11, 2017
Sold by
Soverign Solutions Llc
Bought by
Land & Building Llc

Purchase Details

Closed on
Jul 15, 2017
Sold by
Lakeside Homes Realty Services Llc
Bought by
Sovereign Solutions Llc

Purchase Details

Closed on
Apr 20, 2017
Sold by
Lar Capital Llc
Bought by
Lakeside Homes Realty Services Llc

Purchase Details

Closed on
Jul 8, 2015
Sold by
Ferrero Ursule Francoise and Peluttiero Stephan Jean Marie
Bought by
Gramondi Investments Llc

Purchase Details

Closed on
Jan 21, 2014
Sold by
Asm Holdings Llc
Bought by
Ferrero Ursule Francoise and Peluttiero Stephan Jean Marie

Purchase Details

Closed on
Nov 20, 2013
Sold by
Abc Home Ownership 1 Llc
Bought by
Asm Holdings Llc

Purchase Details

Closed on
Nov 13, 2013
Sold by
Wayne County Treasurer
Bought by
Abc Home Ownership 1 Llc

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wojtowicz Raymond J
Bought by
Broner Janita

Purchase Details

Closed on
Jun 15, 2004
Sold by
Jaafar Maher and Jaafer Angela
Bought by
Brown Rosa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 27, 1999
Sold by
Berry Nabeh and Berry Nadia N
Bought by
Jaafar Maher
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
Miller Istan -- None Listed On Document
Diabate Adjara Cisse $72,000 None Listed On Document
Land & Building Llc $24,000 Michigan Title Ins Agency In
Sovereign Solutions Llc -- Regions Title
Lakeside Homes Realty Services Llc -- None Available
Gramondi Investments Llc -- None Available
Ferrero Ursule Francoise $49,000 None Available
Asm Holdings Llc $7,500 None Available
Abc Home Ownership 1 Llc $1,200 None Available
Broner Janita $1,000 None Available
Brown Rosa L $120,000 Lawyers Title Ins
Jaafar Maher $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Rosa $96,000
Previous Owner Brown Rosa $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $150,000 +3.4% $74 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $145,000 +101.4% $72 / Sq Ft
12/11/2020 12/11/20 Sold $72,000 -6.5% $36 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $77,000 0.0% $38 / Sq Ft
08/08/2014 08/08/14 Rented $950 0.0% --
04/24/2014 04/24/14 Under Contract -- -- --
03/18/2014 03/18/14 For Rent $950 -- --
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 $1,557 $48,600 $0 $0
2024 $1,557 $41,100 $0 $0
2023 $1,512 $32,000 $0 $0
2022 $1,616 $24,200 $0 $0
2021 $1,570 $18,300 $0 $0
2020 $1,570 $17,100 $0 $0
2019 $1,645 $14,900 $0 $0
2018 $1,449 $14,400 $0 $0
2017 $101 $14,700 $0 $0
2016 $811 $5,600 $0 $0
2015 $560 $5,600 $0 $0
2013 $1,678 $16,777 $0 $0
2010 -- $36,077 $733 $35,344
Source: Public Records

Agents Affiliated with this Home

  • Arianna Lee

    Seller's Agent in 2024

    Arianna Lee

    National Realty Centers, Inc

    (313) 401-9190

    3 in this area

    90 Total Sales

    Section Image
  • Malaka Green

    Seller's Agent in 2020

    Malaka Green

    Downtown Realty

    (248) 702-5165

    1 in this area

    10 Total Sales

    Section Image
  • Linda Williams

    Buyer's Agent in 2020

    Linda Williams

    21st Century Elegant Homes

    (313) 784-6275

    1 in this area

    17 Total Sales

    Section Image

  • M

    Seller's Agent in 2014

    Michael Goodwin

    Michael Eric Goodwin

    Section Image
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Map

Source: Realcomp

MLS Number: 20240016207

Realcomp

APN: 22-093607

Michigan Wayne County Detroit 48228 Franklin Park

7324 Plainview Ave, Detroit, MI

This home is located at 7324 Plainview Ave, Detroit, MI 48228 since 16 March 2024 and is currently estimated at $115,525, approximately $57 per square foot. This property was built in 1929. 7324 Plainview Ave 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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