NOT LISTED FOR SALE

7826 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $36,000 - $136,536

0.13 Acre
$572,185 Price per Acre
5,663 Sq Ft Lot

Last Sold June 25, 2013

Last sale price $525 $1 Per Sq Ft

Est. 13,972% increase in value since last sale

Current estimated payment $408/month

7 Days on Market

About This Lot

As of June 2013

vacant lot

Last Agent to Sell the Property

Scott Lark

RE/MAX Nexus License #6501320335 Listed on: 04/30/2013

Last Buyer's Agent

James Toma

Brookstone, Realtors LLC License #6501306536

Brookstone, Realtors LLC

Property Details

Property Type

  • Land

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x140

Community Details

  • Richland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078450S

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: YES
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 3838.0000
  • Lot Size Area: 0.13
  • Lot Dimensions: 40X140
  • Parcel Number: W22I078450S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1431.0000
  • Tax Amount Winter: 164.0000
  • Total Tax: 1595.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
County Of Wayne
Bought by
Detroit Land Bank Authority
Current Estimated Value
$73,879

Purchase Details

Closed on
Dec 1, 2016
Sold by
Sabree Eric R
Bought by
Liberty Houses Llc

Purchase Details

Closed on
Apr 22, 2015
Sold by
Toma Jason
Bought by
Ensinger Jason

Purchase Details

Listed on
Apr 30, 2013
Closed on
May 22, 2013
Sold by
Michigan State Housing Development Autho
Bought by
Toma Jason
Seller's Agent
Scott Lark
RE/MAX Nexus
Buyer's Agent
James Toma
Brookstone, Realtors LLC
List Price
$499
Sold Price
$525
Premium/Discount to List
$26
5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.18%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Chapman Cheryl
Bought by
Michigan State Housing Development Autho
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
Detroit Land Bank Authority -- None Available
Liberty Houses Llc $900 None Available
Ensinger Jason $600 None Available
Toma Jason -- Dataquick Title
Michigan State Housing Development Autho $30,133 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Cheryl $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2013 06/25/13 Sold $525 +5.2% $1 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $499 -- $1 / 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 $30 $0 $0 $0
2024 $30 $400 $0 $0
2023 $31 $400 $0 $0
2022 $35 $400 $0 $0
2021 $35 $400 $0 $0
2020 $35 $400 $0 $0
2019 $35 $400 $0 $0
2018 $31 $400 $0 $0
2017 $7 $400 $0 $0
2016 $79 $900 $0 $0
2015 $88 $900 $0 $0
2013 $87 $871 $0 $0
2010 -- $25,522 $871 $24,651
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Scott Lark

    RE/MAX

    Section Image
  • James Toma

    Buyer's Agent in 2013

    James Toma

    Brookstone, Realtors LLC

    (248) 249-4999

    45 Total Sales

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Map

Source: Realcomp

MLS Number: 213040363

Realcomp

APN: 22-078450

Michigan Wayne County Detroit 48228 Franklin Park

7826 Faust Ave, Detroit, MI

This home is located at 7826 Faust Ave, Detroit, MI 48228 since 30 April 2013 and is currently estimated at $74,384, approximately $99 per square foot. 7826 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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