NOT LISTED FOR SALE

8434 Penrod St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $59,070 - $84,000

2 Beds
1 Bath
682 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 10, 2022

Last sale price $67,000 $98 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $460/month

79 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of September 2022

**Highest and Best Due by Wednesday 7/13 at 5**This 2-bedroom ranch is completely renovated, in move-in ready condition and close to major freeways. This home offers beautiful hardwood floors through-out, neutral color tones and gorgeous soft-close kitchen cabinets with gas/electric stove option. New windows through-out including glass block windows in the clean, full basement, updated electrical, hot-water tank and high efficiency furnace. Main sewer line has been replaced, so backyard will be leveled, new roof and more! Sale to include vacant side-lot too! This property is to be sold to owner occupants only. Don't miss out on this great opportunity!!

Last Agent to Sell the Property

Natasha Richards

Bellabay Realty Tri Counties License #6502385914 Listed on: 04/25/2022

Last Buyer's Agent

Linda Halford

Century 21 Riverpointe License #6501417322

Century 21 Riverpointe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942 | Remodeled in 2022

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00x137.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 682 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Exterior Lighting
  • Ground Level

Community Details

  • No Home Owners Association
  • Mondale Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I077608S

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1942 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1942
  • State Equalized Value: 7000.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 682

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 40.00X137.00
  • Parcel Number: W22I077608S

Tax Info

  • Tax Amount Summer: 863.2000
  • Tax Amount Winter: 104.9500
  • Total Tax: 967.0000
  • Taxable Value: 6553.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Sep 7, 2022
Sold by
Detroit Land Bank Authority
Bought by
Seng Joseph
Seller's Agent
Natasha Richards
Bellabay Realty Tri Counties
Buyer's Agent
Linda Halford
Century 21 Riverpointe
List Price
$78,850
Sold Price
$67,000
Premium/Discount to List
-$11,850
-15.03%
Current Estimated Value
$70,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,768
Avg. Annual Appreciation
1.76%
Original Mortgage
$60,350
Outstanding Balance
$57,643
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$13,125

Purchase Details

Closed on
Nov 20, 2018
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Sep 19, 2014
Sold by
Central Detroit Christian Community Deve
Bought by
Lyons Management Inc

Purchase Details

Closed on
Aug 22, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Central Detroit Christian Community Deve

Purchase Details

Closed on
Dec 5, 2013
Sold by
Jones Cynthia J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 16, 2003
Sold by
Cox Ronald W
Bought by
Jones Cynthia J
Source: Public Records

Range of Values:

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Average Value
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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
Seng Joseph $67,000 --
Detroit Land Bank Authority -- None Available
Lyons Management Inc -- Continental Title Agency
Central Detroit Christian Community Deve $2,000 None Available
Federal Home Loan Mortgage Corporation $5,400 None Available
Jones Cynthia J $63,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seng Joseph $60,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2022 09/10/22 Sold $67,000 -9.3% $98 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $73,850 -6.3% $108 / Sq Ft
04/25/2022 04/25/22 For Sale $78,850 -- $116 / 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 $1,062 $20,400 $0 $0
2024 $1,062 $16,900 $0 $0
2023 $1,029 $13,200 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2019 $820 $7,000 $0 $0
2018 $733 $6,400 $0 $0
2017 $125 $6,600 $0 $0
2016 $1,076 $9,900 $0 $0
2015 $990 $9,900 $0 $0
2013 $1,477 $14,765 $0 $0
2010 -- $21,646 $911 $20,735
Source: Public Records

Agents Affiliated with this Home

  • Natasha Richards

    Seller's Agent in 2022

    Natasha Richards

    Bellabay Realty Tri Counties

    (313) 204-0310

    12 in this area

    161 Total Sales

    Natasha Richards
    Section Image

  • L

    Buyer's Agent in 2022

    Linda Halford

    Century 21 Riverpointe

    Section Image
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Map

Source: Realcomp

MLS Number: 2220029312

Realcomp

APN: 22-077608

Michigan Wayne County Detroit 48228 Franklin Park

8434 Penrod St, Detroit, MI

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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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