NOT LISTED FOR SALE

8426 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $42,000 - $137,566

3 Beds
1 Bath
1,000 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $1,500 $2 Per Sq Ft

Est. 5,259% increase in value since last sale

Current estimated payment $439/month

21 Days on Market

Highlights

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

About This Home

As of February 2012

OWNER OCCUPANT AND NON-PROFIT ORGANIZATION BUYERS ONLY. OCC ADDENDUM TO BE SIGNED. PROPERTY IS BEING SOLD ON A QCD. EMD MUST BE IN CERTIFIED FUNDS. CASHIERS CHECK OR MONEY ORDER TO BE HELD BY LISTING BROKER. BUYERS ARE RESPONSIBLE FOR ANY AND ALL MUNICIPAL REQUIREMENTS. "BATVI"

Last Agent to Sell the Property

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 01/19/2012

Realty Executives Classic

Last Buyer's Agent

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 01/19/2012

Realty Executives Classic

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 40x139

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-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
  • Mondale Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I078488S

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 Story
  • Assessment: YES
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 40X139
  • Parcel Number: W22I078488S

Tax Info

  • Tax Amount Summer: 1920.0000
  • Tax Amount Winter: 214.0000
  • Total Tax: 2134.0000

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
$80,392

Purchase Details

Listed on
Jan 19, 2012
Closed on
Feb 10, 2012
Sold by
Salem One Inc
Bought by
Durden Chonte D
Seller's Agent
Zena Dakroub
Realty Executives Classic
Buyer's Agent
Zena Dakroub
Realty Executives Classic
List Price
$1,500
Sold Price
$1,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.29%

Purchase Details

Closed on
Apr 4, 2011
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 4, 2008
Sold by
Bazzi Hussein
Bought by
Ellis Kevin

Purchase Details

Closed on
Apr 1, 2008
Sold by
Bazzi Abdul and Bazzi Marim S
Bought by
Bazzi Hussein

Purchase Details

Closed on
Feb 13, 2008
Sold by
Bazzi Hussein
Bought by
Bazzi Abdul

Purchase Details

Closed on
Jun 7, 2007
Sold by
Kelly Ebony and Kelly Ebony N
Bought by
Us Bank Na and Asset Backed Certificates Series 2005-He

Purchase Details

Closed on
Jul 19, 2005
Sold by
Crestwood Funding Inc
Bought by
Kelly Ebony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 20, 2004
Sold by
Scruggs Tony
Bought by
Sterling Bank & Trust Fsb

Purchase Details

Closed on
Apr 4, 1997
Sold by
Shrf Debra Solonika Pr
Bought by
Mvb Mtg Corp

Purchase Details

Closed on
Jul 13, 1994
Sold by
Bentley Thomas J
Bought by
Solonika Stephen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
8.38%
Mortgage Type
FHA
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
Durden Chonte D $1,500 None Available
Federal National Mortgage Association -- None Available
Ellis Kevin $70,000 Multiple
Bazzi Hussein -- Multiple
Bazzi Abdul -- None Available
Us Bank Na $79,767 None Available
Kelly Ebony $90,000 Tri County Title Agency Inc
Sterling Bank & Trust Fsb $42,000 Parks Title
Mvb Mtg Corp $29,904 --
Solonika Stephen F $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Ebony $9,000
Previous Owner Kelly Ebony $76,500
Previous Owner Solonika Stephen F $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2012 02/10/12 Sold $1,500 0.0% $2 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $1,500 -- $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 -- $1,500 $0 $0
2024 $53 $700 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $1,920 $0 $0 $0
2018 $0 $0 $0 $0
2017 $570 $0 $0 $0
2016 $240 $5,700 $0 $0
2015 $570 $5,700 $0 $0
2013 $1,716 $17,155 $0 $0
2010 -- $25,151 $915 $24,236
Source: Public Records

Agents Affiliated with this Home

  • Zena Dakroub

    Seller's Agent in 2012

    Zena Dakroub

    Realty Executives

    (313) 485-8770

    2 in this area

    139 Total Sales

    Zena Dakroub
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Map

Source: Realcomp

MLS Number: 212006740

Realcomp

APN: 22-078488

Michigan Wayne County Detroit 48228 Franklin Park

8426 Faust Ave, Detroit, MI

This home is located at 8426 Faust Ave, Detroit, MI 48228 since 19 January 2012 and is currently estimated at $80,392, approximately $80 per square foot. This property was built in 1942. 8426 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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