NOT LISTED FOR SALE

8597 Ohio St Detroit, MI 48204

Barton-McFarland Neighborhood

Estimated Value: $61,253 - $140,000

4 Beds
2 Baths
1,962 Sq Ft
$55/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $15,800 $8 Per Sq Ft

Est. 581% increase in value since last sale

Current estimated payment $694/month

251 Days on Market

About This Home

As of November 2016

MULTI FAMILY HOME, WITH 2-2 BEDROOM UNITS, EACH WITH 1 FULL BATH, KITCHEN, LIVING ROOM, BASEMENT.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group License #6502378429 Listed on: 01/28/2016

Last Buyer's Agent

Albert Hakim

City Real Estate Group License #RCO-6502378429

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35.00x145.77

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,962 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Units
  • Oakman Robt Land Cos Hest On Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I015239S

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1962
  • Total Sq Ft: 1962

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 332500.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 35.00X145.77
  • Parcel Number: W18I015239S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 959.0000
  • Tax Amount Winter: 75.0000
  • Total Tax: 1034.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Searone Llc
Bought by
Detroit Revitalization Initiat
Current Estimated Value
$107,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$53,769
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$56,768

Purchase Details

Closed on
Apr 25, 2017
Sold by
Idg Holding Llc
Bought by
Searone Llc

Purchase Details

Listed on
Jan 28, 2016
Closed on
Nov 1, 2016
Sold by
Zeus Holdings Llc
Bought by
Invest Detroit Llc
Seller's Agent
Albert Hakim
City Real Estate Group
Buyer's Agent
Albert Hakim
City Real Estate Group
List Price
$39,900
Sold Price
$15,800
Premium/Discount to List
-$24,100
-60.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.74%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Mcnamara Lee and Mcnamara Gary
Bought by
Poseidon Estates Llc

Purchase Details

Listed on
Jul 10, 2012
Closed on
Oct 16, 2012
Sold by
Metro Global Holdings Llc
Bought by
Mcnamara Lee
Seller's Agent
Albert Hakim
City Real Estate Group
Buyer's Agent
Lavinia Klemz
Green & Associates Realty
List Price
$5,250
Sold Price
$5,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.35%

Purchase Details

Closed on
May 10, 2012
Sold by
Smith Anthony K and Smith Shaelsia A
Bought by
Deutsche Bank National Trust Company
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 Revitalization Initiat $55,000 Embassy Title Agency
Searone Llc $82,850 Regions Title Agency Llc
Invest Detroit Llc $16,800 Regions Title Agency Llc
Zeus Holdings Llc -- Regions Title Agency Llc
Poseidon Estates Llc -- None Available
Mcnamara Lee $56,000 Bell Title Agency Of Livonia
Deutsche Bank National Trust Company $3,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detroit Revitalization Initiat $55,000
Previous Owner Smith Anthony K $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $15,800 0.0% $8 / Sq Ft
11/07/2016 11/07/16 Sold $15,800 -60.4% $8 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
10/05/2016 10/05/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $39,900 -11.3% $20 / Sq Ft
10/22/2015 10/22/15 For Sale $45,000 +757.1% $23 / Sq Ft
08/17/2012 08/17/12 Sold $5,250 0.0% $3 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $5,250 -- $3 / 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 $4,130 $63,400 $0 $0
2024 $4,130 $53,500 $0 $0
2023 $1,709 $41,800 $0 $0
2022 $1,821 $31,300 $0 $0
2021 $1,772 $25,200 $0 $0
2020 $1,771 $22,000 $0 $0
2019 $1,745 $16,800 $0 $0
2018 $1,533 $15,500 $0 $0
2017 $294 $15,500 $0 $0
2016 $1,058 $11,100 $0 $0
2015 $805 $11,100 $0 $0
2013 $1,559 $15,592 $0 $0
2010 -- $22,341 $838 $21,503
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Albert Hakim

    City Real Estate Group

    Section Image

  • L

    Buyer's Agent in 2012

    Lavinia Klemz

    Green & Associates Realty

    (586) 292-2315

    19 Total Sales

    Lavinia Klemz
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216008834

Realcomp

APN: 18-015239

Michigan Wayne County Detroit 48204 Barton-McFarland

8597 Ohio St, Detroit, MI

This home is located at 8597 Ohio St, Detroit, MI 48204 since 28 January 2016 and is currently estimated at $107,563, approximately $54 per square foot. This property was built in 1930. 8597 Ohio St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Barton Elementary School.

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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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