NOT LISTED FOR SALE

7771 Memorial Ave Detroit, MI 48228

Warren Avenue Community Neighborhood

Estimated Value: $62,000 - $76,000

3 Beds
1 Bath
1,153 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $32,500 $28 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $476/month

22 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Porch

About This Home

As of August 2019

SPACIOUS BRICK COLONIAL HOME LOCATED SOUTH OF TIREMAN AND EAST OF SOUTHFIELD. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED WITH THE BUYER'S AGENT. BUYER TO PAY DETROIT INVESTMENT COMPANY A $250 PROCESSING FEE AT CLOSING. ALL SHOWINGS REQUIRE A LICENSED AGENT PRESENT.

Last Agent to Sell the Property

Mark Hutter

Detroit Investment Company License #6502372594 Listed on: 07/24/2019

Last Buyer's Agent

Reva Lee

Reach Realty Group License #RCO-6501388370

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42 x 131.50

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,153 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • West Warren Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I067912S

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1153
  • Total Sq Ft: 1153
  • Sq Ft Total Bsmt: 562

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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

  • List Price per Acre: 306923.0769
  • Lot Size Area: 0.13
  • Lot Dimensions: 42 X 131.50
  • Parcel Number: W22I067912S

Tax Info

  • Tax Amount Summer: 1102.3100
  • Tax Amount Winter: 106.2000
  • Total Tax: 1208.5100

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 16, 2019
Sold by
Mitchell James
Bought by
Chilel Gudiel Lopez and Chilel Lucrecia Chavez
Seller's Agent
Mark Hutter
Detroit Investment Company
Buyer's Agent
Reva Lee
Reach Realty Group
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%
Current Estimated Value
$70,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,032
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Aug 6, 2015
Sold by
The Detroit Land Bank Authority
Bought by
Mitchell James

Purchase Details

Closed on
Jan 6, 2015
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
May 27, 2009
Sold by
Donovan Shaun
Bought by
Abrams Duane E

Purchase Details

Closed on
Feb 2, 2007
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jul 26, 2006
Sold by
Howard Glenn and Howard Veronica L
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 28, 2000
Sold by
Schlitz Alicia
Bought by
Howard Glenn
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
Chilel Gudiel Lopez $32,500 Regions Title Agency Llc
Mitchell James $2,100 None Available
Detroit Land Bank Authority -- None Available
Abrams Duane E $4,000 None Available
Hud -- None Available
Countrywide Home Loans Inc $112,671 None Available
Howard Glenn $77,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $32,500 -18.5% $28 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $39,900 -- $35 / 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 $1,104 $33,300 $0 $0
2024 $1,104 $27,900 $0 $0
2023 $1,070 $22,400 $0 $0
2022 $1,168 $18,000 $0 $0
2021 $1,140 $12,800 $0 $0
2020 $1,077 $11,900 $0 $0
2019 $973 $11,000 $0 $0
2018 $1,102 $11,200 $0 $0
2017 $211 $11,100 $0 $0
2016 $1,388 $15,200 $0 $0
2015 $1,520 $15,200 $0 $0
2013 $2,140 $21,401 $0 $0
2010 -- $30,664 $917 $29,747
Source: Public Records

Agents Affiliated with this Home

  • Mark Hutter

    Seller's Agent in 2019

    Mark Hutter

    Detroit Investment Company

    (734) 469-4607

    3 in this area

    257 Total Sales

    Mark Hutter
    Section Image
  • Reva Lee

    Buyer's Agent in 2019

    Reva Lee

    Reach Realty Group

    (248) 835-6103

    2 in this area

    62 Total Sales

    Reva Lee
    Section Image
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Map

Source: Realcomp

MLS Number: 219075466

Realcomp

APN: 22-067912

Michigan Wayne County Detroit 48228 Warren Avenue Community

7771 Memorial Ave, Detroit, MI

This home is located at 7771 Memorial Ave, Detroit, MI 48228 since 24 July 2019 and is currently estimated at $70,532, approximately $61 per square foot. This property was built in 1948. 7771 Memorial Ave is a home located in Wayne County with nearby schools including Gardner Elementary School, 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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