NOT LISTED FOR SALE

8612 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $31,410 - $85,000

Studio
1 Bath
685 Sq Ft
$85/Sq Ft Est. Value

About This Home

This home is located at 8612 Faust Ave, Detroit, MI 48228 and is currently estimated at $58,103, approximately $84 per square foot. 8612 Faust Ave 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
Aug 9, 2021
Sold by
Detroit Land Bank Authority
Bought by
Orozco Liliana
Current Estimated Value
$58,103

Purchase Details

Closed on
Jun 10, 2015
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Feb 7, 2013
Sold by
Wayne County Treasurer
Bought by
Planning & Development Dept City Of Detr

Purchase Details

Closed on
Jun 20, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Thor Real Estate Llc

Purchase Details

Closed on
Nov 19, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Deutsche Bank National Trust Co and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Aug 22, 2007
Sold by
Thomas Gregory and Thomas Gregory A
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jul 6, 2006
Sold by
Universal Homes Llc
Bought by
Thomas Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
11.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2006
Sold by
Rose Irene and Rose Ernest
Bought by
Marco Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
11.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Orozco Liliana -- None Listed On Document
The Detroit Land Bank Authority -- Attorney
Planning & Development Dept City Of Detr -- None Available
Thor Real Estate Llc -- North American Title & Servi
Deutsche Bank National Trust Co -- None Available
Mortgage Electronic Registration Systems $22,500 None Available
Thomas Gregory $86,000 Grace Title Agency Inc
Marco Properties Llc $23,000 Golden Title
Universal Homes $37,000 Golden Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Gregory $77,400
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 -- $1,300 $0 $0
2024 -- $400 $0 $0
2023 $0 $0 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $2,006 $0 $0 $0
2019 $2,006 $0 $0 $0
2018 $0 $0 $0 $0
2017 $320 $0 $0 $0
2016 $320 $3,200 $0 $0
2015 $320 $3,200 $0 $0
2013 $1,803 $18,026 $0 $0
2010 -- $26,429 $1,029 $25,400
Source: Public Records

Map

Michigan Wayne County Detroit 48228 Franklin Park

8612 Faust Ave, Detroit, MI

Not Listed for Sale

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