NOT LISTED FOR SALE

7387 Kipling St Detroit, MI 48206

Virginia Park Community Neighborhood

Estimated Value: $170,000 - $206,000

3 Beds
1.5 Baths
1,155 Sq Ft
$168/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $100,000 $87 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,201/month

10 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 1 Car Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of September 2018

BEAUTIFUL BRICK COLONIAL HOME IN MOVE-IN CONDITION. HOME IS LOCATED IN A STABLE AREA THAT IS ABSOLUTELY ON THE RISE. SLATED TO BE ONE OF DETROIT'S PREMIERE NEIGHBORHOODS. CURRENTLY TENANT OCCUPIED ON A MONTH-TO-MONTH LEASE. TENANT WILL BE VACATING UPON ACQUISITION OF NEW OWNER. LISTING BROKER TO HOLD EMD IN THE AMOUNT OF $1000.00 UPON ACCEPTANCE OF OFFER. BRING YOUR BEST BUYERS BECAUSE THIS PROPERTY WILL NOT LAST LONG AT THIS PRICE!

Last Agent to Sell the Property

Al Lucy

Develop Detroit Realty & Construction Group License #700221 Listed on: 07/29/2018

Last Buyer's Agent

Marcus Jones

Exodus Realty Group PLLC License #6501368750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x121.00

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,155 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Lothrop & Duffield Blvd Pk Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I005646S

Home Details

Home Type

Single Family

Est. Annual Taxes

$877

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1155
  • Total Sq Ft: 1155
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1000000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X121.00
  • Parcel Number: W08I005646S

Tax Info

  • Tax Amount Summer: 808.0000
  • Tax Amount Winter: 69.0000
  • Total Tax: 877.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2018
Closed on
Sep 27, 2018
Sold by
Maison Renouveie Investments Llc
Bought by
Ableser Rachel Miriam
Seller's Agent
Al Lucy
Develop Detroit Realty & Construction Group
Buyer's Agent
Marcus Jones
Exodus Realty Group PLLC
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$201,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,965
Avg. Annual Appreciation
8.70%
Original Mortgage
$95,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2015
Sold by
Salery Oscar and Salery Mary
Bought by
Maison Renouvele Investment Llc

Purchase Details

Closed on
Nov 21, 2007
Sold by
Mcfadden Velma
Bought by
Salery Oscar

Purchase Details

Closed on
Mar 8, 2007
Sold by
Mcfadden Coolidge H and Mcfadden Ellie
Bought by
Mcfadden Coolidge H
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
Ableser Rachel Miriam $100,000 None Available
Maison Renouvele Investment Llc $50,000 Greco Title Agency Llc
Salery Oscar $40,000 Title Source Inc
Mcfadden Coolidge H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ableser Rachel Miriam $91,228
Closed Ableser Rachel Miriam $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $100,000 0.0% $87 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/29/2018 07/29/18 For Sale $100,000 -- $87 / 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 $1,145 $67,400 $0 $0
2024 $1,145 $59,900 $0 $0
2023 $1,111 $42,200 $0 $0
2022 $997 $24,500 $0 $0
2021 $973 $16,200 $0 $0
2020 $964 $13,100 $0 $0
2019 $950 $10,100 $0 $0
2018 $811 $8,200 $0 $0
2017 $138 $7,800 $0 $0
2016 $881 $21,400 $0 $0
2015 $760 $7,600 $0 $0
2013 $1,062 $10,617 $0 $0
2010 -- $15,211 $711 $14,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Al Lucy

    Develop Detroit Realty & Construction Group

    (313) 835-0500

    14 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Marcus Jones

    Exodus Realty Group PLLC

    Section Image
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Map

Source: Realcomp

MLS Number: 218072305

Realcomp

APN: 08-005646

Michigan Wayne County Detroit 48206 Virginia Park Community

7387 Kipling St, Detroit, MI

This home is located at 7387 Kipling St, Detroit, MI 48206 since 29 July 2018 and is currently estimated at $194,505, approximately $168 per square foot. This property was built in 1915. 7387 Kipling St is a home located in Wayne County with nearby schools including Thirkell Elementary School, 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.

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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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