NOT LISTED FOR SALE

8731 Hosmer St Detroit, MI 48214

East Village Neighborhood

Estimated Value: $157,000 - $188,000

3 Beds
1 Bath
321 Sq Ft
$536/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $37,500 $117 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $960/month

95 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • No HOA
  • 4-minute walk to Erma Henderson Park

About This Home

As of September 2016

Who wants to live next to Indian Village without spending 500k? The side of this home actually faces Indian Village on a quiet street with tons of privacy. Great neighbors! Close to Belle Isle, Downtown, Corktown, and Midtown. Lots of new homes being built in the area and in the riverfront. This 3 bedroom has plenty of early 1900s charm. Open floor plan, newer vinyl siding, and newer boiler. Great front porch to relax on and the owner has started the rear deck. The owner is continuing to do improvements while living there. Motivated seller will look at reasonable offers. Michigan basement.

Last Agent to Sell the Property

James Wellington

RE/MAX First License #6501320721 Listed on: 06/21/2016

RE/MAX First

Last Buyer's Agent

Bill Swanson

O'Connor Realty License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 321 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Oldes Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W19I000098S

Home Details

Home Type

Single Family

Est. Annual Taxes

$495

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 321
  • Total Sq Ft: 321

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Frontage Feet: 30
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 714285.7143
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W19I000098S

Tax Info

  • Tax Amount Summer: 468.0000
  • Tax Amount Winter: 27.0000
  • Total Tax: 495.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
Mergener Matt
Bought by
Adams Gabriela I
Current Estimated Value
$172,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$83,065
Interest Rate
2.15%
Mortgage Type
New Conventional
Estimated Equity
$88,997

Purchase Details

Listed on
Jun 21, 2016
Closed on
Sep 30, 2016
Sold by
Walker Stanley
Bought by
Mergener Matt
Seller's Agent
James Wellington
RE/MAX First
Buyer's Agent
Bill Swanson
O'Connor Realty
List Price
$50,000
Sold Price
$37,500
Premium/Discount to List
-$12,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.25%

Purchase Details

Closed on
Jul 17, 2011
Sold by
Jefferson Avenue Presbyterian Church
Bought by
Walker Stanley

Purchase Details

Closed on
Sep 24, 2006
Sold by
Jefferson Avenue Housing Development Cor
Bought by
Jefferson Avenue Presbylerian Church
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
Adams Gabriela I $135,000 Partners Title
Mergener Matt $37,500 Venture Title
Walker Stanley $2,500 None Available
Jefferson Avenue Presbylerian Church $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Gabriela I $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2016 09/27/16 Sold $37,500 -25.0% $117 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $50,000 -- $156 / 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 $715 $19,300 $0 $0
2024 $715 $15,800 $0 $0
2023 $692 $8,835 $0 $0
2022 $745 $7,200 $0 $0
2021 $621 $4,505 $0 $0
2020 $621 $5,100 $0 $0
2019 $614 $4,230 $0 $0
2018 $579 $4,400 $0 $0
2017 $87 $4,600 $0 $0
2016 $489 $2,900 $0 $0
2015 $290 $2,900 $0 $0
2013 $319 $3,194 $0 $0
2010 -- $4,682 $300 $4,382
Source: Public Records

Agents Affiliated with this Home

  • James Wellington

    Seller's Agent in 2016

    James Wellington

    RE/MAX of Southeast Michigan

    (586) 996-0129

    180 Total Sales

    James Wellington
    Section Image
  • Bill Swanson

    Buyer's Agent in 2016

    Bill Swanson

    O'Connor Realty

    (313) 506-5471

    5 in this area

    112 Total Sales

    Bill Swanson
    Section Image
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Map

Source: Realcomp

MLS Number: 216061451

Realcomp

APN: 19-000098

Michigan Wayne County Detroit 48214 East Village

8731 Hosmer St, Detroit, MI

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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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