NOT LISTED FOR SALE

8625 Artesian St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $56,000 - $86,000

3 Beds
1.5 Baths
813 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $20,000 $25 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $539/month

63 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of March 2020

Must see, Investors, first time home buyers, check out this 3 bedroom 1.1 bathroom Ranch property sold as is buyer agent to verify, all data approx.

Last Agent to Sell the Property

Mike Sobh

RE/MAX Leading Edge License #6501365654 Listed on: 12/18/2019

RE/MAX Leading Edge

Last Buyer's Agent

Omar Ghazzawi

Keller Williams Legacy License #6501370114

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x129.00

Home Design

  • 813 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Fitzpatricks Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I085421S

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1944
  • State Equalized Value: 9300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 813
  • Total Sq Ft: 813
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 226363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X129.00
  • Parcel Number: W22I085421S

Tax Info

  • Tax Amount Summer: 975.0000
  • Tax Amount Winter: 88.0000
  • Total Tax: 1063.0000
  • Taxable Value: 9300.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Pwrp2 Llc
Bought by
Jw Venture Holdings Michigan Llc
Current Estimated Value
$71,278

Purchase Details

Listed on
Dec 18, 2019
Closed on
Mar 16, 2020
Sold by
Henry Sauda
Bought by
Pwrp2 Llc
Seller's Agent
Mike Sobh
RE/MAX Leading Edge
Buyer's Agent
Omar Ghazzawi
Keller Williams Legacy
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.37%

Purchase Details

Listed on
Oct 31, 2015
Closed on
Dec 22, 2015
Sold by
Real Estate Management Specialists Inc
Bought by
Henry Sauda
Seller's Agent
Robert LaBute
Real Estate Management Specialists Inc
Buyer's Agent
Patricia Lampley Gambrell
Real Estate Management Specialists Inc
List Price
$16,900
Sold Price
$16,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%

Purchase Details

Listed on
Oct 31, 2015
Closed on
Nov 13, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Real Estate Management Specialists Inc
Seller's Agent
Robert LaBute
Real Estate Management Specialists Inc
Buyer's Agent
Patricia Lampley Gambrell
Real Estate Management Specialists Inc
List Price
$16,900
Sold Price
$16,900

Purchase Details

Closed on
Jul 26, 2012
Sold by
Smart Homes Investments Ltd
Bought by
Little Estates Llc

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 8, 2012
Sold by
Rivers Holdings Llc
Bought by
Smart Homes Investments Ltd
Seller's Agent
Nathan Strange
EXP Realty Main
Buyer's Agent
Nathan Strange
EXP Realty Main
List Price
$5,000
Sold Price
$1,500
Premium/Discount to List
-$3,500
-70%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.47%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Strange Nathan
Bought by
River Holdings Llc

Purchase Details

Closed on
Feb 25, 2011
Sold by
Homesolutions Properties Llc
Bought by
Strange Nathan

Purchase Details

Closed on
May 27, 2008
Sold by
Lasalle Bank Na
Bought by
Homesolutions Properties Llc

Purchase Details

Closed on
Nov 6, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Lasalle Bank Na and Bear Stearns Asset Backed Securities I L

Purchase Details

Closed on
Sep 5, 2007
Sold by
Chancellor Ivory M and Chancellor Oscar
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 27, 2005
Sold by
Chancellor Shelley D
Bought by
Chancellor Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.99%
Mortgage Type
New Conventional
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
Jw Venture Holdings Michigan Llc $52,000 None Listed On Document
Pwrp2 Llc $20,000 None Available
Henry Sauda $16,900 None Available
Henry Sauda -- Attorney
Real Estate Management Specialists Inc $2,200 None Available
Little Estates Llc $27,600 Title Connect Llc
Smart Homes Investments Ltd -- Commercial Title Service
River Holdings Llc -- None Available
Strange Nathan $14,000 None Available
Homesolutions Properties Llc -- None Available
Lasalle Bank Na -- E Title Agency
Mortgage Electronic Registration Systems $54,024 None Available
Chancellor Oscar -- Nations Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chancellor Oscar $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2020 03/16/20 Sold $20,000 -19.7% $25 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/29/2020 01/29/20 Price Changed $24,900 -16.7% $31 / Sq Ft
12/18/2019 12/18/19 For Sale $29,900 +76.9% $37 / Sq Ft
12/22/2015 12/22/15 Sold $16,900 0.0% $21 / Sq Ft View Prior Sale
12/21/2015 12/21/15 Pending -- -- --
10/31/2015 10/31/15 For Sale $16,900 +1026.7% $21 / Sq Ft
02/10/2012 02/10/12 Sold $1,500 -70.0% $2 / Sq Ft View Prior Sale
02/04/2012 02/04/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $5,000 -- $6 / 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 $1,990 $27,600 $0 $0
2024 $1,990 $23,100 $0 $0
2023 $1,242 $18,000 $0 $0
2022 $240 $0 $0 $0
2021 $1,288 $12,000 $0 $0
2020 $906 $10,600 $0 $0
2019 $1,453 $9,300 $0 $0
2018 $964 $9,400 $0 $0
2017 $182 $9,600 $0 $0
2016 $1,156 $10,800 $0 $0
2015 $1,080 $10,800 $0 $0
2013 $1,614 $16,143 $0 $0
2010 -- $23,667 $915 $22,752
Source: Public Records

Agents Affiliated with this Home

  • Mike Sobh

    Seller's Agent in 2020

    Mike Sobh

    RE/MAX

    (313) 477-6444

    3 in this area

    123 Total Sales

    Mike Sobh
    Section Image
  • Omar Ghazzawi

    Buyer's Agent in 2020

    Omar Ghazzawi

    Keller Williams Legacy

    (313) 477-7447

    4 in this area

    194 Total Sales

    Omar Ghazzawi
    Section Image
  • Robert LaBute

    Seller's Agent in 2015

    Robert LaBute

    Real Estate Management Specialists Inc

    (313) 533-6300

    3 in this area

    165 Total Sales

    Robert LaBute
    Section Image
  • Patricia Lampley Gambrell

    Buyer's Agent in 2015

    Patricia Lampley Gambrell

    Real Estate Management Specialists Inc

    (313) 898-5356

    16 Total Sales

    Patricia Lampley Gambrell
    Section Image

  • N

    Seller's Agent in 2012

    Nathan Strange

    EXP Realty Main

    Section Image
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Map

Source: Realcomp

MLS Number: 219123448

Realcomp

APN: 22-085421

Michigan Wayne County Detroit 48228 Franklin Park

8625 Artesian St, Detroit, MI

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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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