NOT LISTED FOR SALE

7740 Evergreen Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $64,000 - $105,000

4 Beds
2 Baths
910 Sq Ft
$89/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $20,000 $22 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $475/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of May 2014

This property includes 7736-7740 Evergreen. Side by side duplex for sale. Tenant occupied in both units. Total turn-key property. Sold as-is, Buyer to sign ACR prior to closing. 24 hour showing notice needed.

Last Agent to Sell the Property

Kenneth Hunter

The Signature Group Realty, LLC License #6501349302 Listed on: 05/03/2014

Last Buyer's Agent

Damon Jones

Jones Realty LLC License #RCO-6501355093

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 27.00x110.00

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 910 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Units
  • Sloans West Warren Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I095103S

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 195.77
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 910
  • Total Sq Ft: 910
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 27
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 328571.4286
  • Lot Size Area: 0.07
  • Lot Dimensions: 27.00X110.00
  • Parcel Number: W22I095103S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1320.0000
  • Tax Amount Winter: 318.0000
  • Total Tax: 1638.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2014
Closed on
May 29, 2014
Sold by
Fenderson Valencia
Bought by
Experion Holdings Usa Llc
Seller's Agent
Kenneth Hunter
The Signature Group Realty, LLC
Buyer's Agent
Damon Jones
Jones Realty LLC
List Price
$23,000
Sold Price
$20,000
Premium/Discount to List
-$3,000
-13.04%
Current Estimated Value
$80,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,553
Avg. Annual Appreciation
13.05%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Mortgage Center Lc
Bought by
Fenderson Valencia

Purchase Details

Closed on
Sep 29, 2010
Sold by
Ledford Karen D
Bought by
Mortgage Center Llc
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
Experion Holdings Usa Llc $20,000 Mortgage Center Title Llc
Fenderson Valencia $9,000 Mortgage Center Title Llc
Mortgage Center Llc $65,848 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $20,000 -13.0% $22 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
05/03/2014 05/03/14 For Sale $23,000 -- $25 / 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 $553 $31,100 $0 $0
2024 $553 $26,200 $0 $0
2023 $535 $20,400 $0 $0
2022 $319 $17,500 $0 $0
2021 $549 $13,800 $0 $0
2020 $549 $12,300 $0 $0
2019 $543 $10,700 $0 $0
2018 $498 $10,700 $0 $0
2017 $62 $10,900 $0 $0
2016 $1,137 $11,700 $0 $0
2015 $1,170 $11,700 $0 $0
2013 $1,271 $17,548 $0 $0
2010 -- $25,728 $566 $25,162
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kenneth Hunter

    The Signature Group Realty, LLC

    (313) 574-9685

    1 in this area

    17 Total Sales

    Kenneth Hunter
    Section Image

  • D

    Buyer's Agent in 2014

    Damon Jones

    Jones Realty LLC

    (313) 551-9072

    7 Total Sales

    Damon Jones
    Section Image
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Map

Source: Realcomp

MLS Number: 214040045

Realcomp

APN: 22-095103

Michigan Wayne County Detroit 48228 Franklin Park

7740 Evergreen Ave, Detroit, MI

This home is located at 7740 Evergreen Ave, Detroit, MI 48228 since 03 May 2014 and is currently estimated at $80,553, approximately $88 per square foot. This property was built in 1948. 7740 Evergreen 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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