NOT LISTED FOR SALE

7375 Brace St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $18,000 - $76,000

3 Beds
1 Bath
711 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2025

Last sale price $18,500 $26 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $335 / mo

63 Days on Market

About This Home

As of August 2025

Welcome to the latest offering from the Detroit Land Bank authority. Nice cozy bungalow on a very deep lot located in the warrendale area. Home needs a total rehab. Sale includes 4 nice sized buildable lots suitable for development. The addresses are 7353, 7361,7369, 7381 brace. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

Last Agent to Sell the Property

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 04/17/2025

Real Estate One-Southfield

Last Buyer's Agent

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 04/17/2025

Real Estate One-Southfield

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

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

Home Design

  • Aluminum Siding
  • Asbestos

Interior Spaces

  • 711 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Warrendale No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I081250S
  • $250 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • State Equalized Value: 14600.00
  • Entry Location: GroundLevelwSteps
  • Property Sub Type: SingleFamilyResidence
  • LotSizeAcres: 0.10
  • Co List Office Mls Id: 08114917
  • Above Grade Finished Sq Ft: 711.00
  • Living Area: 711.00
  • ClassName: Residential
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: No
  • Foundation Details: CrawlSpace
  • Construction Materials: AluminumSiding, Asbestos
  • Road Frontage Type: Paved
  • Disclosures: TaxesNotHomesteadExempt
  • Home Warranty: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 124.00
  • Parcel Number: W22I081250S
  • Land Lease Expiration Date: 2026-06-30

Tax Info

  • Tax Amount Summer: 604.00
  • Tax Amount Winter: 42.00
  • Tax Annual Amount: 646.00
  • Tax Other Annual Assessment Amount: 250.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Aug 1, 2025
Sold by
Bought by
Seller's Agent
Gene Kelley
Real Estate One-Southfield
Buyer's Agent
Gene Kelley
Real Estate One-Southfield
List Price
$21,500
Sold Price
$18,500
Premium/Discount to List
-$3,000
-13.95%
Views
57
Current Estimated Value
$47,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,633
Avg. Annual Appreciation
173.35%

Purchase Details

Closed on
Dec 17, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$18,500 None Listed On Document
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2025 08/14/25 Sold $18,500 -14.0% $26 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $21,500 -- $30 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $947 $0 $0 $0
2024 $947 $14,600 $0 $0
2023 $584 $9,595 $0 $0
2022 $612 $7,200 $0 $0
2021 $600 $4,675 $0 $0
2020 $600 $5,200 $0 $0
2019 $593 $4,050 $0 $0
2018 $540 $3,900 $0 $0
2017 $76 $4,000 $0 $0
2016 $720 $5,700 $0 $0
2015 $570 $5,700 $0 $0
2013 $759 $8,522 $0 $0
2010 -- $12,494 $733 $11,761
Source: Public Records

Agents Affiliated with this Home

  • Gene Kelley

    Seller's Agent in 2025

    Gene Kelley

    Real Estate One

    (248) 506-1257

    3 in this area

    128 Total Sales

    Gene Kelley
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Map

Source: Realcomp

MLS Number: 20250027161

Realcomp

APN: 22-081250

Michigan Wayne County Detroit 48228 Franklin Park

7375 Brace St, Detroit, MI

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 2026 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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