NOT LISTED FOR SALE

8265 Rathbone St Detroit, MI 48209

Springwells Neighborhood

Estimated Value: $74,231 - $216,000

4 Beds
2 Baths
2,279 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 06, 2016

Last sale price $16,200 $7 Per Sq Ft

Est. 802% increase in value since last sale

Current estimated payment $890/month

9 Days on Market

Highlights

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

About This Home

As of July 2016

Great investment 2 family unit . After offer submission, it may take up to 7 days for offer decision. Communication will be sent to buyers agent with results & next steps for the accepted offer. ** Bank Of America , N.A. ( the "Bank") associates and/or Bank associates, household members, HTS business partners of the Bank, are prohibited from purchasing REO Properties, either owned or serviced by the bank, whether directly or indirectly. Property being sold in as is condition

Last Agent to Sell the Property

Sherri Saad

RE/MAX Leading Edge License #6502392274 Listed on: 05/27/2016

RE/MAX Leading Edge

Last Buyer's Agent

Sherri Saad

RE/MAX Leading Edge License #6502392274 Listed on: 05/27/2016

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 37.00x125.00
  • Fenced

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,279 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Rathbones Sub Ofo L 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W20I002526S

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1916
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2279
  • Total Sq Ft: 2279
  • Sq Ft Total Bsmt: 1109

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Frontage Feet: 37
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 145454.5455
  • Lot Size Area: 0.11
  • Lot Dimensions: 37.00X125.00
  • Parcel Number: W20I002526S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1298.0000
  • Tax Amount Winter: 116.0000
  • Total Tax: 1414.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2016
Sold by
Rocha Juan and Rocha Arelis
Bought by
Castillo Gloria
Current Estimated Value
$146,058

Purchase Details

Listed on
May 27, 2016
Closed on
Jun 28, 2016
Sold by
Bank Of America Na
Bought by
Rocha Juan
Seller's Agent
Sherri Saad
RE/MAX Leading Edge
Buyer's Agent
Sherri Saad
RE/MAX Leading Edge
List Price
$16,000
Sold Price
$16,200
Premium/Discount to List
$200
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.10%

Purchase Details

Closed on
Jan 12, 2012
Sold by
Orozco Elizabeth
Bought by
Bank Of America N A

Purchase Details

Closed on
Jan 31, 2008
Sold by
Phillips Mark K and Phillips Robin Lynn
Bought by
Cruz Misael Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,451
Interest Rate
6.11%
Mortgage Type
FHA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Castillo Gloria -- None Available
Castillo Gloria -- None Available
Rocha Juan -- Servicelink
Bank Of America N A $72,460 None Available
Cruz Misael Martinez $38,000 Multiple
Orozco Elizabeth $70,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Castillo Gloria $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2016 07/06/16 Sold $16,200 +1.3% $7 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $16,000 -- $7 / 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 $1,389 $59,000 $0 $0
2024 $1,389 $48,600 $0 $0
2023 $1,594 $38,000 $0 $0
2022 $1,696 $30,200 $0 $0
2021 $1,651 $24,900 $0 $0
2020 $1,651 $22,100 $0 $0
2019 $1,627 $17,000 $0 $0
2018 $1,433 $14,200 $0 $0
2017 $266 $14,000 $0 $0
2016 $1,372 $12,200 $0 $0
2015 $1,220 $12,200 $0 $0
2013 $1,347 $13,474 $0 $0
2010 -- $19,305 $584 $18,721
Source: Public Records

Agents Affiliated with this Home

  • Sherri Saad

    Seller's Agent in 2016

    Sherri Saad

    RE/MAX

    (313) 598-5322

    10 in this area

    559 Total Sales

    Sherri Saad
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216051981

Realcomp

APN: 20-002526

Michigan Wayne County Detroit 48209 Springwells

8265 Rathbone St, Detroit, MI

This home is located at 8265 Rathbone St, Detroit, MI 48209 since 27 May 2016 and is currently estimated at $146,058, approximately $64 per square foot. This property was built in 1916. 8265 Rathbone St is a home located in Wayne County with nearby schools including Bennett 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
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

Nearby Homes