NOT LISTED FOR SALE

7403 Grandmont Ave Detroit, MI 48228

Warren Avenue Community Neighborhood

Estimated Value: $91,897 - $101,000

3 Beds
1 Bath
1,514 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $7,800 $5 Per Sq Ft

Est. 1,143% increase in value since last sale

Current estimated payment $659/month

1 Day on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of May 2012

Great value in this large 3 bedroom brick bungalow, Full basement, 2 car garage. LBP Addendum HUD HOME FHA Case #261-912094

Last Agent to Sell the Property

Jack Lucas

Temporary Inactive Users License #6501167836 Listed on: 04/03/2012

Co-Listed By

Charlene Lucas

Remerica Hometown III License #6501294149

Last Buyer's Agent

Kelly Farrell

Brookstone, Realtors LLC License #RCO-6501307541

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 40x131.5

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,514 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • West Warren Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I065236S

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1514
  • Total Sq Ft: 1514

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 40X131.5
  • Parcel Number: W22I065236S

Tax Info

  • Tax Amount Summer: 3322.0000
  • Tax Amount Winter: 828.0000
  • Total Tax: 4150.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
May 21, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Williams Patrick
Seller's Agent
Jack Lucas
Temporary Inactive Users
Buyer's Agent
Kelly Farrell
Brookstone, Realtors LLC
List Price
$6,000
Sold Price
$7,800
Premium/Discount to List
$1,800
30%
Current Estimated Value
$96,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,174
Avg. Annual Appreciation
21.30%

Purchase Details

Closed on
Mar 23, 2011
Sold by
Freedom Mortgage Corporation
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 29, 2010
Sold by
Bell Melvin
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Oct 13, 2006
Sold by
Cox Elmer L and Cox Sylvia J
Bought by
Bell Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,090
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2005
Sold by
Cox Elmer L
Bought by
Cox Elmer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,150
Interest Rate
10.25%
Mortgage Type
New Conventional
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
Williams Patrick $7,800 None Available
The Secretary Of Housing & Urban Develop -- None Available
Freedom Mortgage Corporation $130,848 None Available
Bell Melvin $116,000 First American Title
Cox Elmer L -- Title Source Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Patrick $12,759
Previous Owner Bell Melvin $115,090
Previous Owner Cox Elmer L $101,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $7,800 +30.0% $5 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $6,000 -- $4 / 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 $1,571 $43,800 $0 $0
2024 $1,571 $36,900 $0 $0
2023 $1,525 $29,600 $0 $0
2022 $1,630 $24,500 $0 $0
2021 $1,584 $17,300 $0 $0
2020 $1,584 $16,100 $0 $0
2019 $1,559 $14,900 $0 $0
2018 $1,487 $16,200 $0 $0
2017 $304 $16,000 $0 $0
2016 $1,930 $22,400 $0 $0
2015 $2,240 $22,400 $0 $0
2013 $3,146 $31,464 $0 $0
2010 -- $45,083 $1,011 $44,072
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jack Lucas

    Temporary Inactive Users

  • C

    Seller Co-Listing Agent in 2012

    Charlene Lucas

    Remerica Hometown III

  • Kelly Farrell

    Buyer's Agent in 2012

    Kelly Farrell

    Brookstone, Realtors LLC

    (248) 632-9446

    35 Total Sales

    Kelly Farrell
    Section Image

  • R

    Buyer's Agent in 2012

    Red Bell Vow (ECAR)

    East Central (ECAR) Vendors

See All Agents

Map

Source: Realcomp

MLS Number: 212033852

Realcomp

APN: 22-065236

Michigan Wayne County Detroit 48228 Warren Avenue Community

7403 Grandmont Ave, Detroit, MI

This home is located at 7403 Grandmont Ave, Detroit, MI 48228 since 03 April 2012 and is currently estimated at $96,974, approximately $64 per square foot. This property was built in 1951. 7403 Grandmont Ave is a home located in Wayne County with nearby schools including Gardner 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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