$6,800
SOLD JUN 16, 2025

8650 Marcus St Detroit, MI 48213

1 Bed
1 Bath
509 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$13 Per Sq Ft

61% Below List Price

66 Days on Market

Highlights

  • Traditional Architecture
  • Ground Level Unit
  • 1-Story Property
  • Cass Technical High School Rated 10
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2025

This fixer-upper in the heart of Detroit presents a fantastic opportunity for savvy investors looking to capitalize on the city's revitalization. Located in a prime, up-and-coming neighborhood, this property offers tremendous potential for renovation and appreciation. With a spacious layout, high ceilings, and classic architectural details, this home is ripe for transformation into a stylish modern residence or rental property. The surrounding area is seeing increased investment, making this an ideal location for long-term growth. While the property requires extensive updates, it offers an unbeatable price point and the chance to make a significant return on investment. Whether you?re looking to flip, rent, or develop, this is a project that promises great potential for the right investor willing to put in the work. Don't miss out on this rare chance to be part of Detroit's resurgence.

Last Agent to Sell the Property

Scott Fader

Joseph Walter Realty, LLC License #6502431011 Listed on: 04/08/2025

Last Buyer's Agent

Scott Fader

Joseph Walter Realty, LLC License #6502431011 Listed on: 04/08/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Home Design

  • Traditional Architecture
  • Poured Concrete

Interior Spaces

  • 509 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • F L & L G Cooper Subdivision

Listing and Financial Details

  • Assessor Parcel Number W19I002461S

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 1 Story
  • Year Built: 1919
  • State Equalized Value: 5800.0000
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 142857.1400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 509

Exterior Features

  • Foundation Details: Basement
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: W19I002461S

Tax Info

  • Tax Amount Summer: 388.0000
  • Tax Amount Winter: 46.0000
  • Total Tax: 434.0000
  • Taxable Value: 5145.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Jun 12, 2025
Sold by
Lewis Laventa
Bought by
Penn Greyson
Seller's Agent
Scott Fader
Joseph Walter Realty, LLC
Buyer's Agent
Scott Fader
Joseph Walter Realty, LLC
List Price
$17,500
Sold Price
$6,800
Premium/Discount to List
-$10,700
-61.14%
Views
70
Current Estimated Value
$49,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,312
Avg. Annual Appreciation
1579.69%

Purchase Details

Closed on
May 24, 2022
Sold by
Detroit Land Bank Authority
Bought by
Lewis Laventa

Purchase Details

Closed on
Nov 30, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jan 15, 2013
Sold by
Austin Roosevelt
Bought by
Austin Roosevelt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,000 Rock Title
Quit Claim Deed $1,000 First American Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Sold $6,800 -28.4% $13 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $9,500 -5.0% $19 / Sq Ft
05/13/2025 05/13/25 Price Changed $10,000 -16.7% $20 / Sq Ft
04/23/2025 04/23/25 Price Changed $12,000 -14.3% $24 / Sq Ft
04/19/2025 04/19/25 Price Changed $14,000 -12.5% $28 / Sq Ft
04/15/2025 04/15/25 Price Changed $16,000 -8.6% $31 / Sq Ft
04/08/2025 04/08/25 For Sale $17,500 -- $34 / Sq Ft
Source: Realcomp

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 $651 $7,300 $0 $0
2024 $638 $5,800 $0 $0
2023 $617 $4,900 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $316 $0 $0 $0
2019 $316 $0 $0 $0
2018 $0 $3,100 $0 $0
2017 $57 $3,000 $0 $0
2016 $494 $4,600 $0 $0
2015 $357 $4,600 $0 $0
2013 $346 $5,113 $0 $0
2010 -- $7,497 $405 $7,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250024031

Realcomp

APN: 19-002461

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