NOT LISTED FOR SALE

7640 W Outer Dr Detroit, MI 48235

College Park Neighborhood

Estimated Value: $65,000 - $105,000

3 Beds
1 Bath
637 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $4,800 $8 Per Sq Ft

Est. 1,495% increase in value since last sale

Current estimated payment $486/month

63 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Detached Garage
  • Cass Technical High School Rated 10
  • Covered Patio or Porch
  • Bungalow

About This Home

As of July 2014

Charming vinyl sided bungalow with a one car garage in the privacy fenced yard with a large deck and shade trees. Close to freeways, shopping, parks, Renaissance High School and DMC-Sinai Grace Hospital. Bright spacious living room with 2 windows. Very big eat in kitchen with a door to the deck. 1 roomy bedroom down and 2 more upstairs. Full partially finished basement with a 1/2 bath. Needs some essentials. Fannie Mae HomePath property. Fannie Mae is offering up to 3.5% closing cost assistance.

Last Agent to Sell the Property

Cal Fowler

Fowler Real Estate License #6501240350 Listed on: 04/22/2014

Last Buyer's Agent

Kenneth Hunter

The Signature Group Realty, LLC License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x119.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 637 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rutland Outer Drive No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I125555S

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 987
  • Sq Ft Lower Floor: 350
  • Total Sq Ft: 637
  • Sq Ft Total Bsmt: 450

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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: 49990.9091
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X119.00
  • Parcel Number: W22I125555S

Tax Info

  • Tax Amount Summer: 1571.0000
  • Tax Amount Winter: 164.0000
  • Total Tax: 1735.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2013
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association
Current Estimated Value
$76,581

Purchase Details

Closed on
Sep 19, 2013
Sold by
Mcelroy Shawn
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Sep 26, 2005
Sold by
Apb Investments Llc
Bought by
Mcelroy Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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
Fannie Mae -- None Available
Green Tree Servicing Llc $47,687 None Available
Mcelroy Shawn $55,000 Commonwealth Land Title
Apb Investments Llc -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelroy Shawn $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $4,800 -31.4% $8 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $6,999 -- $11 / 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 $833 $26,700 $0 $0
2024 $833 $22,900 $0 $0
2023 $807 $23,600 $0 $0
2022 $874 $18,600 $0 $0
2021 $855 $14,900 $0 $0
2020 $847 $12,900 $0 $0
2019 $835 $10,300 $0 $0
2018 $726 $8,700 $0 $0
2017 $154 $8,100 $0 $0
2016 $941 $11,700 $0 $0
2015 $1,170 $11,700 $0 $0
2013 $1,726 $17,256 $0 $0
2010 -- $25,299 $797 $24,502
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cal Fowler

    Fowler Real Estate

    (248) 589-2100

    77 Total Sales

    Cal Fowler
    Section Image

  • K

    Buyer's Agent in 2014

    Kenneth Hunter

    The Signature Group Realty, LLC

    (313) 574-9685

    17 Total Sales

    Kenneth Hunter
    Section Image
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Map

Source: Realcomp

MLS Number: 214035016

Realcomp

APN: 22-125555

Michigan Wayne County Detroit 48235 College Park

7640 W Outer Dr, Detroit, MI

This home is located at 7640 W Outer Dr, Detroit, MI 48235 since 22 April 2014 and is currently estimated at $76,581, approximately $120 per square foot. This property was built in 1940. 7640 W Outer Dr is a home located in Wayne County with nearby schools including John R. King Academic And Performing Arts 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
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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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