NOT LISTED FOR SALE

7724 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $62,000 - $106,000

3 Beds
1.5 Baths
740 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $10,001 $14 Per Sq Ft

Est. 735% increase in value since last sale

Current estimated payment $567/month

35 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of April 2014

BRICK BUNGALOW INCLUDES A LIVING ROOM, KITCHEN, THREE BEDROOMS, ONE AND ONE-HALF BATHS, PARTIALLY FINISHED BASEMENT AND ONE-CAR DETACHED GARAGE. SEE ADD'L DOCS 4 DETAILS.

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 03/03/2014

Co-Listed By

Greg Jones

Jones Realty Brokerage LLC License #6502395352

Last Buyer's Agent

Sandor Duncan

WEICHERT,REALTORS®-Cass Realty License #RCO-6501362125

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,792

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Lot Dimensions are 40x140

Community Details

  • No Home Owners Association
  • Richland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078437S

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1428
  • Sq Ft Lower Floor: 688
  • Total Sq Ft: 740
  • Sq Ft Total Bsmt: 688

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

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 Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 40x140
  • Parcel Number: W22I078437S

Tax Info

  • Tax Amount Summer: 1077.0000
  • Tax Amount Winter: 146.0000
  • Total Tax: 1223.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Lucaciu Daniel Bryan
Bought by
Gutierrez Ana R and Gutierrez Carlos G
Current Estimated Value
$83,526

Purchase Details

Closed on
Oct 29, 2019
Sold by
County Of Wayne
Bought by
Lucacu Daniel B

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 16, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Prater Management
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Sandor Duncan
WEICHERT,REALTORS®-Cass Realty
List Price
$9,900
Sold Price
$10,001
Premium/Discount to List
$101
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%

Purchase Details

Closed on
Apr 25, 2013
Sold by
Heard Darlean and Heard Tyrone A
Bought by
Federal Home Loan Mortgage Corporation
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
Gutierrez Ana R $15,000 None Available
Lucacu Daniel B $10,199 None Available
Prater Management $10,001 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $11,050 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $10,001 +1.0% $14 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $9,900 -- $13 / 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 $1,546 $28,300 $0 $0
2024 $1,546 $23,700 $0 $0
2023 $1,261 $18,500 $0 $0
2022 $1,604 $15,600 $0 $0
2021 $877 $11,800 $0 $0
2020 $1,117 $11,000 $0 $0
2019 $1,101 $9,900 $0 $0
2018 $971 $9,500 $0 $0
2017 $184 $9,700 $0 $0
2016 $3,185 $34,800 $0 $0
2015 $3,480 $34,800 $0 $0
2013 $27 $747 $0 $0
2010 -- $747 $747 $0
Source: Public Records

Agents Affiliated with this Home

  • Leonard Pickett

    Seller's Agent in 2014

    Leonard Pickett

    RCH Brokerage Legacy Inc

    (313) 510-7887

    11 in this area

    178 Total Sales

    Leonard Pickett
    Section Image

  • G

    Seller Co-Listing Agent in 2014

    Greg Jones

    Jones Realty Brokerage LLC

    Section Image

  • S

    Buyer's Agent in 2014

    Sandor Duncan

    WEICHERT,REALTORS®-Cass Realty

See All Agents

Map

Source: Realcomp

MLS Number: 214017585

Realcomp

APN: 22-078437

Michigan Wayne County Detroit 48228 Franklin Park

7724 Faust Ave, Detroit, MI

This home is located at 7724 Faust Ave, Detroit, MI 48228 since 03 March 2014 and is currently estimated at $83,526, approximately $112 per square foot. This property was built in 1941. 7724 Faust Ave is a home located in Wayne County with nearby schools including Bates 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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