NOT LISTED FOR SALE

7600 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $82,022 - $94,000

3 Beds
1 Bath
886 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $67,000 $76 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $586/month

30 Days on Market

Highlights

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

About This Home

As of December 2022

The price is Right for a first-time buyer. Charming 1,329 sq. ft. home with 3 bedrooms 1 bath. New carpet and paint. Wainscoting walls in the kitchen. Large sunny window in the Living room. Hardwood floors in Dining room .Coved ceilings. Spacious Bedroom upstairs had a cedar closet. Full basement , 2 car detached garage on a corner lot. Newer furnace. Immediate Occupancy..

Last Agent to Sell the Property

Ron Vesche

Coldwell Banker Professionals-Northville License #6501297123 Listed on: 10/17/2022

Coldwell Banker Professionals-Northville

Last Buyer's Agent

Brittany Randall

Clyde Realty LLC License #6501428747

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00 x 140.00
  • Property fronts a private road

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 886 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Westhaven Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078422S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,098

Year Built

Built in 1947

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1947
  • State Equalized Value: 19300.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 523069.2300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 886

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Private

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 40.00 x 140.00
  • Parcel Number: W22I078422S

Tax Info

  • Tax Amount Summer: 986.0000
  • Tax Amount Winter: 112.0000
  • Total Tax: 1098.0000
  • Taxable Value: 12271.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 15, 2022
Sold by
Spicy Towing & Recovery Llc
Bought by
Shanklin Keith D
Seller's Agent
Ron Vesche
Coldwell Banker Professionals-Northville
Buyer's Agent
Brittany Randall
Clyde Realty LLC
List Price
$77,999
Sold Price
$67,000
Premium/Discount to List
-$10,999
-14.1%
Views
58
Current Estimated Value
$87,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,006
Avg. Annual Appreciation
8.32%
Original Mortgage
$63,650
Outstanding Balance
$61,740
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$25,266

Purchase Details

Closed on
Mar 19, 2019
Sold by
Crosby Rickie
Bought by
Spicy Towing & Recovery Llc

Purchase Details

Closed on
Aug 15, 2013
Sold by
Daily Nicole
Bought by
Crosby Rickie

Purchase Details

Closed on
Nov 19, 2012
Sold by
Wayne County Treasurer
Bought by
Daily Nicole

Purchase Details

Closed on
Jan 12, 2009
Sold by
Suntrust Mortgage Inc
Bought by
Bank Of New York

Purchase Details

Closed on
Feb 21, 2008
Sold by
Maria William Kenneth and Maria William
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Dec 21, 2005
Sold by
Fannie Mae
Bought by
Williams Kenneth

Purchase Details

Closed on
Nov 11, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 29, 2004
Sold by
Chapman Venida R and Chapman Raymon Lee
Bought by
Mortgage Electronic Registration Systems
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
Shanklin Keith D $67,000 Title One
Spicy Towing & Recovery Llc -- None Available
Crosby Rickie -- None Available
Daily Nicole $1,031 None Available
Bank Of New York -- Platinum Title Services
Suntrust Mortgage Inc $112,403 None Available
Williams Kenneth $62,750 Greco
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- --
Mortgage Electronic Registration Systems $67,519 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanklin Keith D $63,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $67,000 -1.5% $76 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $67,999 -12.8% $77 / Sq Ft
10/17/2022 10/17/22 For Sale $77,999 -- $88 / Sq Ft
Source: Realcomp

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 $1,612 $34,400 $0 $0
2024 $1,634 $28,800 $0 $0
2023 $1,585 $22,500 $0 $0
2022 $1,313 $19,300 $0 $0
2021 $1,277 $14,600 $0 $0
2020 $1,277 $13,700 $0 $0
2019 $1,257 $11,900 $0 $0
2018 $1,104 $11,400 $0 $0
2017 $209 $11,600 $0 $0
2016 $1,210 $11,500 $0 $0
2015 $1,150 $11,500 $0 $0
2013 $2,179 $21,794 $0 $0
2010 -- $31,954 $869 $31,085
Source: Public Records

Agents Affiliated with this Home

  • Ron Vesche

    Seller's Agent in 2022

    Ron Vesche

    Coldwell Banker Professionals-Northville

    (734) 740-3913

    2 in this area

    126 Total Sales

    Ron Vesche
    Section Image
  • Brittany Randall

    Buyer's Agent in 2022

    Brittany Randall

    Clyde Realty LLC

    (248) 252-7164

    1 in this area

    38 Total Sales

    Brittany Randall
    Section Image
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Map

Source: Realcomp

MLS Number: 20221053006

Realcomp

APN: 22-078422

Michigan Wayne County Detroit 48228 Franklin Park

7600 Faust Ave, 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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