NOT LISTED FOR SALE

7532 Melrose St Detroit, MI 48211

North End Neighborhood

Estimated Value: $131,000 - $240,000

4 Beds
2.5 Baths
912 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $42,500 $47 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $981/month

156 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Bungalow
  • Cass Technical High School Rated 10
  • Security System Owned
  • Heating System Uses Steam

About This Home

As of December 2017

This 1800's bungalow appears quaint on the outside, but is spacious on the inside! Gorgeous original wood trim and steam radiators throughout. This home was partially renovated in 2016 and would make a great starter home or rental. Located in the North End, close to the Michigan Urban Farming Initiative, Red Door Gallery, Fortress Studios and the Grand Boulevard Q-Line Station. While it needs some updates, this home has so much potential and an abundance of historic charm!

Last Agent to Sell the Property

Darin Mcleskey

Denovo Real Estate License #6502404119 Listed on: 06/28/2017

Last Buyer's Agent

Renee Delia

Keller Williams Advantage License #RCO-6501386924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1890 | Remodeled in 2016

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.00x125.00
  • Fenced

Home Design

  • Bungalow
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Natural lighting in basement
  • Security System Owned

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Roedigers Subdivision

Listing and Financial Details

  • Assessor Parcel Number W05I004609S

Home Details

Home Type

Single Family

Est. Annual Taxes

$418

Year Built

Built in 1890 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1890
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Security Alarm (owned)
  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight
  • Sq Ft Combined: 912
  • Total Sq Ft: 912
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 494444.4444
  • Lot Size Area: 0.09
  • Lot Dimensions: 30.00X125.00
  • Parcel Number: W05I004609S

Tax Info

  • Tax Amount Summer: 395.0000
  • Tax Amount Winter: 23.0000
  • Total Tax: 418.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Kennedy Brian
Bought by
Kennedy Brian and Blake Laura
Current Estimated Value
$166,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,300
Outstanding Balance
$82,823
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$49,669

Purchase Details

Listed on
Jun 28, 2017
Closed on
Dec 18, 2017
Sold by
North End Property Development Llc
Bought by
Kennedy Brian
Seller's Agent
Darin Mcleskey
Denovo Real Estate
Buyer's Agent
Renee Delia
Keller Williams Advantage
List Price
$48,500
Sold Price
$42,500
Premium/Discount to List
-$6,000
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Mar 18, 2015
Sold by
Stanford Winifred
Bought by
North End Property Development Llc

Purchase Details

Closed on
Jan 29, 2008
Sold by
Nationstar Mortgage Llc
Bought by
Stanford Winifred

Purchase Details

Closed on
May 17, 2006
Sold by
Golden Dwain
Bought by
Centex Home Equity Co Llc

Purchase Details

Closed on
May 8, 2003
Sold by
Golden Wenston and Golden Mattie
Bought by
Golden Dwain
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
Kennedy Brian -- Amrock Inc
Kennedy Brian $42,500 First American Title
North End Property Development Llc $2,500 First American Title Ins Co
Centex Home Equity Co Llc $78,325 None Available
Golden Dwain -- Crossroads Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Brian $104,300
Closed Kennedy Brian $123,500
Previous Owner Golden Dwain $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $42,500 -4.5% $47 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
08/02/2017 08/02/17 Price Changed $44,500 -8.2% $49 / Sq Ft
06/28/2017 06/28/17 For Sale $48,500 -- $53 / 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 $864 $54,700 $0 $0
2024 $864 $41,500 $0 $0
2023 $837 $39,100 $0 $0
2022 $907 $23,600 $0 $0
2021 $887 $17,000 $0 $0
2020 $878 $16,300 $0 $0
2019 $866 $10,100 $0 $0
2018 $910 $8,700 $0 $0
2017 $40 $8,500 $0 $0
2016 $418 $18,500 $0 $0
2015 $200 $2,000 $0 $0
2013 $207 $2,068 $0 $0
2010 -- $2,742 $474 $2,268
Source: Public Records

Agents Affiliated with this Home

  • Darin Mcleskey

    Seller's Agent in 2017

    Darin Mcleskey

    Denovo Real Estate

    (313) 769-8164

    8 in this area

    58 Total Sales

    Darin Mcleskey
    Section Image

  • R

    Buyer's Agent in 2017

    Renee Delia

    Keller Williams Advantage

See All Agents

Map

Source: Realcomp

MLS Number: 217055461

Realcomp

APN: 05-004609

Michigan Wayne County Detroit 48211 North End

7532 Melrose St, Detroit, MI

This home is located at 7532 Melrose St, Detroit, MI 48211 since 28 June 2017 and is currently estimated at $166,964, approximately $183 per square foot. This property was built in 1890. 7532 Melrose St is a home located in Wayne County with nearby schools including Golightly Education Center, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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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