NOT LISTED FOR SALE

8269 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $60,000 - $76,000

3 Beds
1 Bath
1,023 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $500 $0 Per Sq Ft

Est. 13,500% increase in value since last sale

Current estimated payment $356/month

13 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of June 2012

Great value in this 3 bedroom bungalow with an updated kitchen. Full basement, 1 car garage. HUD HOME FHA Case #261-912780 LBP Addendum, Price Reduction

Last Agent to Sell the Property

Jack Lucas

Temporary Inactive Users License #6501167836 Listed on: 05/23/2012

Co-Listed By

Charlene Lucas

Remerica Hometown III License #6501294149

Last Buyer's Agent

James Toma

Brookstone, Realtors LLC License #6501306536

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 40x131.41

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,023 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Bonaparte Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I079300C1

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 1023

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

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

Lot Info

  • Lot Dimensions: 40X131.41
  • Parcel Number: W22I079300C1

Tax Info

  • Tax Amount Summer: 1385.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 1510.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Current Estimated Value
$68,000

Purchase Details

Listed on
May 23, 2012
Closed on
Jun 22, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Toma James
Seller's Agent
Jack Lucas
Temporary Inactive Users
Buyer's Agent
James Toma
Brookstone, Realtors LLC
List Price
$1,560
Sold Price
$500
Premium/Discount to List
-$1,060
-67.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.48%

Purchase Details

Closed on
Aug 4, 2011
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 20, 2011
Sold by
Wilkins Shelia
Bought by
Citimortgage Inc
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
Toma James $500 None Available
Secretary Of Housing & Urban Development -- None Available
Citimortgage Inc $106,974 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2012 06/27/12 Sold $500 -67.9% $0 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $1,560 -- $2 / 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 -- $0 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $1,385 $0 $0 $0
2019 $1,385 $0 $0 $0
2018 $0 $0 $0 $0
2017 $317 $0 $0 $0
2016 $240 $3,200 $0 $0
2015 $317 $3,200 $0 $0
2013 $1,550 $18,926 $0 $0
2010 -- $27,748 $899 $26,849
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jack Lucas

    Temporary Inactive Users

  • C

    Seller Co-Listing Agent in 2012

    Charlene Lucas

    Remerica Hometown III

  • James Toma

    Buyer's Agent in 2012

    James Toma

    Brookstone, Realtors LLC

    (248) 249-4999

    48 Total Sales

    James Toma
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Map

Source: Realcomp

MLS Number: 212053301

Realcomp

APN: 22-0793001

Michigan Wayne County Detroit 48228 Franklin Park

8269 Faust Ave, Detroit, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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