NOT LISTED FOR SALE

8486 Brace St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $66,000 - $97,000

2 Beds
1 Bath
942 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $4,100 $4 Per Sq Ft

Est. 1,867% increase in value since last sale

Current estimated payment $528/month

Highlights

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

About This Home

As of February 2020

WOW .. COME TAKE A LOOK AT THIS CHARMING COZY HOME FOR LEASE FEATURING 2 BEDROOMS, 1 FULL BATH!!!! BUT HEY THAT'S NOT ALL, YOU WILL SAVE A LOT OF $$$ WHEN YOU HEAR THERE IS NEW FURNACE, NEW HOT WATER TANK, NEW WINDOWS!!! THERE'S ALSO (ADT) ALARM SYSTEM! ***NO FELONIES, NO EVICTIONS** FOR THE LAST 5 YEARS. INCOME MUST BE 3 TIMES THE RENT ($2,250.00). PROOF OF EMPLOYMENT, GOOD STANDING WITH DTE. FIRST MONTH PLUS SECURITY DEPOSIT $1,500.00 TO MOVE IN COMPLETE APPLICATION IN OFFICE*** COPY OG SS CARD AND DRIVERS LICENSE WITH 2 CHECKS STUBS. $20.00 BACKGROUND CHECK FEE ***SECTION 8 ACCEPTED***

Last Agent to Rent the Property

Gaston Munoz

Munoz Realty Inc License #6501354648 Listed on: 01/17/2020

Co-Listed By

Ligia Godoy

Munoz Realty Inc License #6501376067

Last Renter's Agent

Gaston Munoz

Munoz Realty Inc License #RCO-6501354648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00x137.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 942 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Bonaparte Park Subdivision

Listing and Financial Details

  • Security Deposit $750
  • 12 Month Lease Term
  • Assessor Parcel Number W22I081012S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,198

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 750.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1951
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 942
  • Total Sq Ft: 942
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 20.00

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 6818.1818
  • Lot Size Area: 0.11
  • Lot Dimensions: 35.00X137.00
  • Parcel Number: W22I081012S

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Detroit International Holding
Bought by
Cemael Energy Llc
Current Estimated Value
$80,638

Purchase Details

Closed on
Nov 8, 2019
Sold by
Jackson Mary Elizabeth
Bought by
Detroit International Holdings

Purchase Details

Listed on
Mar 26, 2017
Closed on
May 16, 2017
Sold by
Carrson Ben and Secretary Of Hud
Bought by
Jackson Mary Elizabeth
Seller's Agent
Zena Dakroub
Realty Executives Classic
Buyer's Agent
Shane Parker
S&P Realty
List Price
$4,000
Sold Price
$4,100
Premium/Discount to List
$100
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.86%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Citi Mortgage Inc
Bought by
The Secretary Of Housing And Urban Deve

Purchase Details

Closed on
Jul 21, 1995
Sold by
Second Chapel Hill Dev C
Bought by
Lolita Roby
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
Cemael Energy Llc $54,500 Speedy T&E Svcs Llc
Detroit International Holdings $13,000 Speedy T&E Svcs Llc
Jackson Mary Elizabeth -- Title Source Inc
The Secretary Of Housing And Urban Deve -- None Available
Lolita Roby $34,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Rented $750 0.0% --
02/11/2020 02/11/20 Under Contract -- -- --
02/03/2020 02/03/20 For Rent $750 0.0% --
01/28/2020 01/28/20 Under Contract -- -- --
01/24/2020 01/24/20 For Rent $750 0.0% --
01/22/2020 01/22/20 Under Contract -- -- --
01/17/2020 01/17/20 For Rent $750 0.0% --
05/17/2017 05/17/17 Sold $4,100 +2.5% $4 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $4,000 -- $4 / 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 $1,198 $25,900 $0 $0
2024 $1,198 $21,700 $0 $0
2023 $1,163 $16,900 $0 $0
2022 $1,238 $15,400 $0 $0
2021 $1,205 $11,700 $0 $0
2020 $895 $10,900 $0 $0
2019 $866 $9,500 $0 $0
2018 $752 $8,700 $0 $0
2017 $169 $8,900 $0 $0
2016 $1,334 $12,900 $0 $0
2015 $1,290 $12,900 $0 $0
2013 $1,929 $19,291 $0 $0
2010 -- $28,284 $797 $27,487
Source: Public Records

Agents Affiliated with this Home

  • Gaston Munoz

    Landlord's Agent in 2020

    Gaston Munoz

    Munoz Realty Inc

    (313) 914-7595

    12 in this area

    91 Total Sales

    Gaston Munoz
    Section Image

  • L

    Landlord's Co-Listing Agent in 2020

    Ligia Godoy

    Munoz Realty Inc

    (313) 914-7545

    5 Total Sales

    Ligia Godoy
    Section Image
  • Zena Dakroub

    Seller's Agent in 2017

    Zena Dakroub

    Realty Executives

    (313) 485-8770

    2 in this area

    143 Total Sales

    Zena Dakroub
    Section Image
  • Shane Parker

    Buyer's Agent in 2017

    Shane Parker

    S&P Realty

    (313) 454-8608

    149 Total Sales

    Shane Parker
    Section Image
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Map

Source: Realcomp

MLS Number: 2200004862

Realcomp

APN: 22-081012

Michigan Wayne County Detroit 48228 Franklin Park

8486 Brace St, Detroit, MI

This home is located at 8486 Brace St, Detroit, MI 48228 since 17 January 2020 and is currently priced at $80,638. This property was built in 1951. 8486 Brace St 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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