NOT LISTED FOR SALE

8494 Piedmont St Unit Bldg-Unit Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $71,000 - $109,740

-- Bed
1 Bath
1,000 Sq Ft
$86/Sq Ft Est. Value

About This Home

This home is located at 8494 Piedmont St Unit Bldg-Unit, Detroit, MI 48228 and is currently estimated at $86,435, approximately $86 per square foot. 8494 Piedmont St Unit Bldg-Unit 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
Dec 22, 2023
Sold by
Grandquist Family Revocable Living Trust
Bought by
Shakib Yoram and Shakib Jennifer
Current Estimated Value
$88,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,050
Outstanding Balance
$51,151
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$35,284

Purchase Details

Closed on
Jan 14, 2022
Sold by
Richard Grandquist Jr and Richard Nancy
Bought by
Grandquist Family Revocable Living Trust

Purchase Details

Closed on
Jan 8, 2020
Sold by
Bmf Property Group Llc
Bought by
Grandquist Richard and Grandquist Nancy

Purchase Details

Closed on
Dec 9, 2019
Sold by
Willecke Investments Llc
Bought by
Bmf Property Group Llc

Purchase Details

Closed on
Oct 8, 2019
Sold by
Pioneer Investments Llc
Bought by
Bayshore Capital Llc

Purchase Details

Closed on
May 23, 2018
Sold by
Bayshore Capital Llc
Bought by
Morris Invet Llc

Purchase Details

Closed on
Mar 26, 2018
Sold by
Pago Real Estate Llc
Bought by
Pioneer Investmetn Llc

Purchase Details

Closed on
May 1, 2017
Sold by
Morris Invest Llc
Bought by
Willecke Investments Llc

Purchase Details

Closed on
Aug 1, 2015
Sold by
Tone Jay and Tone Barbara
Bought by
Pago Real Estate Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
David Lee Reda Foundation
Bought by
Tone Jay and Tone Barbara

Purchase Details

Closed on
Apr 2, 2009
Sold by
Tone Jay and Tone Barbara
Bought by
David Lee Reda Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 8, 2008
Sold by
Preston Steven C
Bought by
Ez Access Funding Llc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Mvb Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Sep 21, 2006
Sold by
Dunbar Edward A and Dunbar Debbie R
Bought by
Mvb Mortgage Corp

Purchase Details

Closed on
Aug 30, 2005
Sold by
Jackson Johnson Sheila R
Bought by
Dunbar Edward A

Purchase Details

Closed on
Mar 24, 2005
Sold by
Jackson Johnson Sheila
Bought by
Public Service Cu
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shakib Yoram $69,400 Embassy Title Agency
Shakib Yoram $69,400 Embassy Title Agency
Grandquist Family Revocable Living Trust -- None Listed On Document
Grandquist Richard $52,000 Embassy Title Agency
Bmf Property Group Llc $33,000 Embassy Title Agency Inc
Bayshore Capital Llc -- None Available
Morris Invet Llc -- None Available
Pioneer Investmetn Llc -- None Available
Willecke Investments Llc -- None Available
Pago Real Estate Llc $18,000 Venture Title Agency
Tone Jay -- None Available
David Lee Reda Foundation $45,000 None Available
Ez Access Funding Llc $1,000 None Available
Hud -- Parks Title
Mvb Mortgage Corp $108,561 None Available
Dunbar Edward A $105,000 Great Lakes Title Of Mi
Public Service Cu $77,045 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shakib Yoram $52,050
Closed Shakib Yoram $52,050
Previous Owner David Lee Reda Foundation $45,000
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 $2,653 $37,800 $0 $0
2024 $2,653 $31,900 $0 $0
2023 $1,593 $24,900 $0 $0
2022 $1,703 $20,300 $0 $0
2021 $1,654 $16,200 $0 $0
2020 $1,367 $14,400 $0 $0
2019 $1,346 $12,500 $0 $0
2018 $1,136 $12,400 $0 $0
2017 $216 $12,700 $0 $0
2016 $1,245 $11,900 $0 $0
2015 $1,190 $11,900 $0 $0
2013 $1,780 $17,802 $0 $0
2010 -- $26,100 $945 $25,155
Source: Public Records

Map

Michigan Wayne County Detroit 48228 Franklin Park

8494 Piedmont St Unit Bldg-Unit, Detroit, MI

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.

Nearby Homes