NOT LISTED FOR SALE

8130 E 7 Mile Rd Detroit, MI 48234

Mount Olivet Neighborhood

Estimated Value: $1,524,759

-- Bed
-- Bath
13,160 Sq Ft
$116/Sq Ft Est. Value

About This Home

This home is located at 8130 E 7 Mile Rd, Detroit, MI 48234 and is currently estimated at $1,524,759, approximately $115 per square foot. 8130 E 7 Mile Rd is a home located in Wayne County with nearby schools including Marion Law Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
Dollar Crown Inc
Bought by
Lazco Investments Llc
Current Estimated Value
$1,524,759

Purchase Details

Closed on
Mar 5, 2008
Sold by
Gluck Alan
Bought by
7 Mile Van Dyke Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lazco Investments Llc -- None Listed On Document
7 Mile Van Dyke Center Llc -- Metropolitan Title Company
Dollar Crown Inc $780,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dollar Crown Inc $702,000
Source: Public Records

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 $30,165 $415,800 $0 $0
2024 $30,165 $399,100 $0 $0
2023 $29,632 $383,600 $0 $0
2022 $19,785 $345,800 $0 $0
2021 $19,132 $297,200 $0 $0
2020 $19,126 $301,500 $0 $0
2019 $18,771 $274,500 $0 $0
2018 $15,963 $217,200 $0 $0
2017 $3,829 $203,000 $0 $0
2016 $17,894 $200,000 $0 $0
2015 $20,000 $200,000 $0 $0
2013 $37,141 $371,412 $0 $0
2010 -- $400,000 $34,500 $365,500
Source: Public Records

Map

Michigan Wayne County Detroit 48234 Mount Olivet

8130 E 7 Mile Rd, Detroit, MI

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