NOT LISTED FOR SALE

8401 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $65,000 - $108,000

3 Beds
2 Baths
1,057 Sq Ft
$80/Sq Ft Est. Value

About This Home

This home is located at 8401 Faust Ave, Detroit, MI 48228 and is currently estimated at $84,661, approximately $80 per square foot. 8401 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Detroit Land Bank Authority
Bought by
Ashaweh Naseer
Current Estimated Value
$84,661

Purchase Details

Closed on
Jan 12, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Belmont Properties Of Mi Llc

Purchase Details

Closed on
Feb 16, 2011
Sold by
Massey Construction Llc
Bought by
Mckinley Danielle

Purchase Details

Closed on
Oct 2, 2008
Sold by
Novastar Mortgage Inc
Bought by
Massey Construction Llc

Purchase Details

Closed on
Aug 9, 2007
Sold by
Gibson Troy
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Dec 11, 2006
Sold by
Thomas Darryl
Bought by
Gibson Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
9.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2006
Sold by
Thomas Darryl
Bought by
Mortgage Electronic Registration Systems

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
9.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2005
Sold by
Mathis Chante M and Estate Of Josephine Mathis
Bought by
Thomas Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
11.45%
Mortgage Type
New Conventional
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

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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
Ashaweh Naseer $17,800 None Available
Detroit Land Bank Authority -- None Available
Belmont Properties Of Mi Llc $4,600 None Available
Mckinley Danielle -- None Available
Novastar Mortgage Inc $60,496 None Available
Gibson Troy $90,000 None Available
Mortgage Electronic Registration Systems $60,878 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Troy $81,000
Previous Owner Gibson Troy $4,500
Previous Owner Thomas Darryl $52,700
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 $543 $6,000 $0 $0
2024 $543 $4,600 $0 $0
2023 $525 $3,700 $0 $0
2022 $300 $9,700 $0 $0
2021 $120 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $5,800 $0 $0
2017 $112 $5,900 $0 $0
2016 $907 $7,900 $0 $0
2015 $790 $7,900 $0 $0
2013 $1,716 $17,155 $0 $0
2010 -- $25,151 $781 $24,370
Source: Public Records

Map

Michigan Wayne County Detroit 48228 Franklin Park

8401 Faust Ave, Detroit, MI

This home is located at 8401 Faust Ave, Detroit, MI 48228 and is currently estimated at $84,661, approximately $80 per square foot. 8401 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.

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