NOT LISTED FOR SALE

8318 Desoto St Detroit, MI 48238

Chalfonte Neighborhood

Estimated Value: $46,046 - $69,000

2 Beds
1 Bath
704 Sq Ft
$78/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $2,600 $4 Per Sq Ft

Est. 2,006% increase in value since last sale

Current estimated payment $345/month

168 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Porch

About This Home

As of August 2016

Great opportunity to own this two bedroom ranch home located in Detroit! Features two bedrooms and full basement.

Last Agent to Sell the Property

Jason Megie

Preferred Realty Pros License #6501315913 Listed on: 02/25/2016

Last Buyer's Agent

Marcus Twyman

Team LBR License #RCO-6501358454

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00
  • Property fronts a private road

Home Design

  • 704 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Huntleys Electric Railway Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I006447S

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240
  • Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 704
  • Total Sq Ft: 704
  • Sq Ft Total Bsmt: 704

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Private, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 41428.5714
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W16I006447S

Tax Info

  • Tax Amount Summer: 421.0000
  • Tax Amount Winter: 28.0000
  • Total Tax: 449.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2018
Sold by
Hamilton Theresa I
Bought by
Twyman Marcus J
Current Estimated Value
$54,762

Purchase Details

Listed on
Feb 25, 2016
Closed on
Aug 25, 2016
Sold by
Fannie Mae
Bought by
Hamilton Theresa I
Seller's Agent
Jason Megie
Preferred Realty Pros
Buyer's Agent
Marcus Twyman
Team LBR
List Price
$2,900
Sold Price
$2,600
Premium/Discount to List
-$300
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.21%

Purchase Details

Closed on
Mar 12, 2015
Sold by
Harvey Ruth
Bought by
Federal National Mortgage Association and Fannie Mae
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
Twyman Marcus J -- None Available
Hamilton Theresa I -- Best Homes Title Agency Llc
Federal National Mortgage Association $4,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harvey Ruth $82,500
Previous Owner Harvey Ruth $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $2,600 -10.3% $4 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $2,900 0.0% $4 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $2,900 0.0% $4 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/09/2016 05/09/16 Price Changed $2,900 -27.5% $4 / Sq Ft
02/25/2016 02/25/16 For Sale $4,000 -- $6 / 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 $560 $13,500 $0 $0
2024 $560 $11,500 $0 $0
2023 $542 $8,835 $0 $0
2022 $577 $7,400 $0 $0
2021 $567 $5,000 $0 $0
2020 $563 $6,400 $0 $0
2019 $557 $4,770 $0 $0
2018 $499 $4,400 $0 $0
2017 $85 $4,500 $0 $0
2016 $471 $18,200 $0 $0
2015 $300 $3,000 $0 $0
2013 $371 $3,706 $0 $0
2010 -- $5,310 $404 $4,906
Source: Public Records

Agents Affiliated with this Home

  • Jason Megie

    Seller's Agent in 2016

    Jason Megie

    Preferred Realty Pros

    (586) 484-8398

    154 Total Sales

    Jason Megie
    Section Image

  • M

    Buyer's Agent in 2016

    Marcus Twyman

    Team LBR

    Section Image
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Map

Source: Realcomp

MLS Number: 216017581

Realcomp

APN: 16-006447

Michigan Wayne County Detroit 48238 Chalfonte

8318 Desoto St, Detroit, MI

This home is located at 8318 Desoto St, Detroit, MI 48238 since 25 February 2016 and is currently estimated at $54,762, approximately $77 per square foot. This property was built in 1925. 8318 Desoto St is a home located in Wayne County with nearby schools including Mary McLeod Bethune Elementary/Middle 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.

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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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