NOT LISTED FOR SALE

7406 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $74,000 - $87,000

3 Beds
1 Bath
1,002 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $61,000 $61 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $551/month

1 Day on Market

Highlights

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

About This Home

As of February 2024

Brick ranch on Detroit's west side. Hardwood floors. Kitchen with eat in dining room. Full basement. Detached garage. Clean out and some rehab needed. Cash buyers only.

Last Agent to Sell the Property

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 01/24/2024

Co-Listed By

Alex Lauer

Clyde Realty LLC License #6501387117

Last Buyer's Agent

John Wallen

License #6501288962

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 139.00

Parking

  • 2 Car Detached Garage

Home Design

  • 1,002 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Westhaven Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078416S

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240.00
  • Year Built: 1949
  • State Equalized Value: 24700.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1002
  • Total Sq Ft: 1002
  • Sq Ft Total Bsmt: 992

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • 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), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 139.00
  • Parcel Number: W22I078416S

Tax Info

  • Tax Amount Summer: 1405.0000
  • Tax Amount Winter: 136.0000
  • Total Tax: 1541.0000
  • Taxable Value: 15128.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Feb 2, 2024
Sold by
Spider Ventures Llc
Bought by
Gonzalez Carlos Pedroza
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
John Wallen
List Price
$59,000
Sold Price
$61,000
Premium/Discount to List
$2,000
3.39%
Views
12
Current Estimated Value
$81,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,395
Avg. Annual Appreciation
18.26%

Purchase Details

Listed on
May 4, 2018
Closed on
Oct 30, 2018
Sold by
Five Star Rentals Homes Llc
Bought by
Spider Ventures Llc
Seller's Agent
Nesahn Robinson
Reach Realty Group
Buyer's Agent
Ben Ness
Clyde Realty LLC
List Price
$35,000
Sold Price
$31,000
Premium/Discount to List
-$4,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%

Purchase Details

Closed on
Jan 7, 2016
Sold by
Blue Water Property Preservation Llc
Bought by
Five Star Rental Homes

Purchase Details

Closed on
Nov 30, 2015
Sold by
Wayne County Treasurer
Bought by
Blue Water Property Preservation
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
Gonzalez Carlos Pedroza $61,000 Regions Title
Spider Ventures Llc $31,000 First American Title Ins Co
Five Star Rental Homes $6,300 Red Carpet Title Agency Llc
Blue Water Property Preservation $4,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2024 02/02/24 Sold $61,000 +3.4% $61 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $59,000 +90.3% $59 / Sq Ft
11/07/2018 11/07/18 Sold $31,000 -11.4% $31 / Sq Ft View Prior Sale
07/05/2018 07/05/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $35,000 0.0% $35 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $35,000 0.0% $35 / Sq Ft
01/06/2017 01/06/17 Rented $750 0.0% --
12/16/2016 12/16/16 Under Contract -- -- --
11/16/2016 11/16/16 For Rent $750 -- --
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 $1,447 $37,700 $0 $0
2024 $1,447 $31,700 $0 $0
2023 $1,405 $24,700 $0 $0
2022 $1,499 $21,500 $0 $0
2021 $1,458 $16,300 $0 $0
2020 $1,457 $15,200 $0 $0
2019 $1,635 $13,500 $0 $0
2018 $1,264 $13,300 $0 $0
2017 $258 $13,600 $0 $0
2016 $1,252 $15,100 $0 $0
2015 $1,510 $15,100 $0 $0
2013 $2,264 $22,638 $0 $0
2010 -- $33,191 $869 $32,322
Source: Public Records

Agents Affiliated with this Home

  • Ben Ness

    Seller's Agent in 2024

    Ben Ness

    Clyde Realty LLC

    (313) 230-0510

    14 in this area

    401 Total Sales

    Ben Ness
    Section Image
  • Alex Lauer

    Seller Co-Listing Agent in 2024

    Alex Lauer

    Clyde Realty LLC

    (313) 230-0510

    9 in this area

    380 Total Sales

    Alex Lauer
    Section Image
  • John Wallen

    Buyer's Agent in 2024

    John Wallen

    (248) 755-1124

    5 in this area

    113 Total Sales

    John Wallen
    Section Image
  • Nesahn Robinson

    Seller's Agent in 2018

    Nesahn Robinson

    Reach Realty Group

    (832) 230-6280

    1 in this area

    45 Total Sales

    Nesahn Robinson
    Section Image
  • Ricqwain Johnson

    Seller's Agent in 2017

    Ricqwain Johnson

    Reach Realty Group

    (248) 395-6885

    7 in this area

    77 Total Sales

    Ricqwain Johnson
    Section Image
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Map

Source: Realcomp

MLS Number: 20240004602

Realcomp

APN: 22-078416

Michigan Wayne County Detroit 48228 Franklin Park

7406 Faust Ave, Detroit, MI

This home is located at 7406 Faust Ave, Detroit, MI 48228 since 24 January 2024 and is currently estimated at $81,395, approximately $81 per square foot. This property was built in 1949. 7406 Faust Ave is a home located in Wayne County with nearby schools including Carver STEM 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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