NOT LISTED FOR SALE

7518 W 7 Mile Rd Detroit, MI 48221

Bagley Neighborhood

Estimated Value: $106,000 - $153,000

3 Beds
1 Bath
1,310 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $70,000 $53 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $789/month

202 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Awning
  • Cass Technical High School Rated 10
  • Shed
  • Forced Air Heating System

About This Home

As of January 2024

Bring your investors to this 3 bedroom, 1 bath brick colonial home in sought after Bagley neighborhood. This diamond in the rough needs a lot of polishing to make it the beauty it once was but would make a great lease or starter home once its renovated. It's priced according to repairs needed. Hardwood floors in living room and dining room. Fireplace in living room. Sale includes adjoining lot at 7526 W 7 Mile, Det. Sold "as is." Subject to Probate Court approval. Quick Court approval. All data & measurements are estimates. Buyer/buyer's agent to verify all data & measurements. Showing appointments between 10-2 each day.

Last Agent to Sell the Property

Clyde Goodwin

Real Estate Pro License #6501085541 Listed on: 02/10/2023

Last Buyer's Agent

Manuel Lomeli

Munoz Realty Inc License #6501439466

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1935

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 115.00
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,310 Sq Ft Home
  • 2-Story Property
  • Awning
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Shed
  • Ground Level

Community Details

  • No Home Owners Association
  • Scherers Hugo Seven Mile Dr Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I008815S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1935
  • State Equalized Value: 31500.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 994444.4400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1310

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 115.00
  • Parcel Number: W16I008815S

Tax Info

  • Tax Amount Summer: 1150.0000
  • Tax Amount Winter: 137.0000
  • Total Tax: 1287.0000
  • Taxable Value: 14972.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Jan 16, 2024
Sold by
Brown Dorothy
Bought by
Brown Ladantia
Seller's Agent
Clyde Goodwin
Real Estate Pro
Buyer's Agent
Manuel Lomeli
Munoz Realty Inc
List Price
$145,500
Sold Price
$70,000
Premium/Discount to List
-$75,500
-51.89%
Views
148
Current Estimated Value
$130,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,889
Avg. Annual Appreciation
38.30%
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

Date Buyer Sale Price Title Company
Brown Ladantia $70,000 Minnesota Title
Brown Ladantia $70,000 Minnesota Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2024 01/17/24 Sold $70,000 -21.8% $53 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $89,500 -6.3% $68 / Sq Ft
05/04/2023 05/04/23 Price Changed $95,500 -9.5% $73 / Sq Ft
04/14/2023 04/14/23 Price Changed $105,500 -9.0% $81 / Sq Ft
03/20/2023 03/20/23 Price Changed $115,900 -10.5% $88 / Sq Ft
03/08/2023 03/08/23 Price Changed $129,500 -3.7% $99 / Sq Ft
03/03/2023 03/03/23 Price Changed $134,500 -3.6% $103 / Sq Ft
02/16/2023 02/16/23 Price Changed $139,500 -4.1% $106 / Sq Ft
02/10/2023 02/10/23 For Sale $145,500 -- $111 / 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 $1,217 $59,100 $0 $0
2024 $1,217 $51,200 $0 $0
2023 $1,180 $40,700 $0 $0
2022 $1,291 $31,500 $0 $0
2021 $1,259 $23,400 $0 $0
2020 $1,245 $19,300 $0 $0
2019 $1,226 $15,200 $0 $0
2018 $1,046 $13,700 $0 $0
2017 $273 $14,400 $0 $0
2016 $1,458 $24,400 $0 $0
2015 $2,020 $20,200 $0 $0
2013 $2,127 $21,272 $0 $0
2010 -- $31,188 $822 $30,366
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Clyde Goodwin

    Real Estate Pro

    Section Image

  • M

    Buyer's Agent in 2024

    Manuel Lomeli

    Munoz Realty Inc

    (313) 914-7545

    1 in this area

    75 Total Sales

    Manuel Lomeli
    Section Image
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Map

Source: Realcomp

MLS Number: 20230010053

Realcomp

APN: 16-008815

Michigan Wayne County Detroit 48221 Bagley

7518 W 7 Mile Rd, Detroit, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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