NOT LISTED FOR SALE

8609 American St Detroit, MI 48204

Tireman Neighborhood

Estimated Value: $54,000 - $87,000

3 Beds
2 Baths
1,348 Sq Ft
$52/Sq Ft Est. Value

Last Sold October 01, 2018

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

Est. 2,727% increase in value since last sale

Current estimated payment $385/month

93 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Private Entrance

About This Home

As of October 2018

This building is a good investment property close to freeways and less than 10 minutes from downtown Detroit. The property does need rehab but a great investment opportunity. The buyer is responsible for back taxes and water bill. There is a $695 admin fee charged to all buyers at closing payable to Rockefeller Realty.

Last Agent to Sell the Property

Clifford Rockefeller

Rockefeller Realty License #6501323376 Listed on: 06/21/2018

Last Buyer's Agent

Clifford Rockefeller

Rockefeller Realty License #6501323376 Listed on: 06/21/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 36.70x109.00
  • Private Entrance

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,348 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units
  • Frischkorns Tireman Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I024398S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2148
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1348
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 32222.2222
  • Lot Size Area: 0.09
  • Lot Dimensions: 36.70X109.00
  • Parcel Number: W16I024398S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1100

Tax Info

  • Tax Amount Summer: 425.0000
  • Tax Amount Winter: 60.0000
  • Total Tax: 485.0000

Multi Family

  • Gross Scheduled Income: 13200.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Detroit Land Bank Authority
Bought by
Chicas Azalia
Current Estimated Value
$70,667

Purchase Details

Closed on
Dec 5, 2019
Sold by
County Of Wayne
Bought by
Detroit Land Bank Authority

Purchase Details

Listed on
Jun 21, 2018
Closed on
Sep 5, 2018
Sold by
Mcdowell John
Bought by
Cattall Larry
Seller's Agent
Clifford Rockefeller
Rockefeller Realty
Buyer's Agent
Clifford Rockefeller
Rockefeller Realty
List Price
$2,900
Sold Price
$2,500
Premium/Discount to List
-$400
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.52%

Purchase Details

Closed on
Apr 19, 2016
Sold by
Mays Alice
Bought by
Mcdowell John
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
Chicas Azalia $1,500 --
Detroit Land Bank Authority -- None Available
Cattall Larry -- None Available
Mcdowell John -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $2,500 -13.8% $2 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $2,900 -- $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 -- $3,200 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2019 $338 $1,300 $0 $0
2018 $424 $1,300 $0 $0
2017 $25 $1,300 $0 $0
2016 $736 $30,700 $0 $0
2015 $550 $5,500 $0 $0
2013 $612 $6,123 $0 $0
2010 -- $8,773 $582 $8,191
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Clifford Rockefeller

    Rockefeller Realty

    (248) 796-2732

    1 in this area

    44 Total Sales

    Clifford Rockefeller
    Section Image
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Map

Source: Realcomp

MLS Number: 218056782

Realcomp

APN: 16-024398

Michigan Wayne County Detroit 48204 Tireman

8609 American St, Detroit, MI

This home is located at 8609 American St, Detroit, MI 48204 since 21 June 2018 and is currently estimated at $70,667, approximately $52 per square foot. This property was built in 1925. 8609 American St is a home located in Wayne County with nearby schools including Sampson-Webber Leadership 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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