NOT LISTED FOR SALE

8743 Mason Place Detroit, MI 48209

Springwells Neighborhood

Estimated Value: $108,000 - $133,842

3 Beds
2 Baths
1,620 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $6,000 $4 Per Sq Ft

Est. 1,814% increase in value since last sale

Current estimated payment $718/month

62 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of February 2012

The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website. BRICK BUNGALOW FEATURING LRG SQ FT, 3 BDRMS, 2.5 BA AND PART FIN BSMT! THIS GREAT INVESTMENT OPPURTUNITY AWAITS YOU!*DOWNLOAD (FROM THE MLS) THE MANDATORY AGENT GUIDELINES TO ACCOMPANY OFFER*This is a Fannie Mae/Homepath property! Check HomePath.com Special Offers for more details or ask me. Eligibility restrictions apply.

Last Agent to Sell the Property

Jay Alhashemy

Encore Realty License #6502375411 Listed on: 12/21/2011

Last Buyer's Agent

Sherri Saad

RE/MAX Leading Edge License #6502392274

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 30x123

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,620 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Masons Subdivision

Listing and Financial Details

  • Assessor Parcel Number W20I003582S

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1620
  • Total Sq Ft: 1620

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 30X123
  • Parcel Number: W20I003582S

Tax Info

  • Tax Amount Summer: 1618.0000
  • Tax Amount Winter: 172.0000
  • Total Tax: 1790.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2011
Closed on
Feb 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Alvarado Plata Angelica
Seller's Agent
Jay Alhashemy
Encore Realty
Buyer's Agent
Sherri Saad
RE/MAX Leading Edge
List Price
$9,000
Sold Price
$6,000
Premium/Discount to List
-$3,000
-33.33%
Current Estimated Value
$114,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,817
Avg. Annual Appreciation
24.06%

Purchase Details

Closed on
Jun 1, 2011
Sold by
Gomez Alejandro
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2007
Sold by
Caraballo Felix
Bought by
Gomez Alejandro
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
Alvarado Plata Angelica $6,000 None Available
Federal National Mortgage Association $125,085 None Available
Gomez Alejandro $107,000 Colonial Title Company
Gomez Alejandro -- Colonial Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2012 02/29/12 Sold $6,000 -33.3% $4 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $9,000 -- $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 $1,082 $50,500 $0 $0
2024 $1,082 $41,500 $0 $0
2023 $1,049 $32,500 $0 $0
2022 $1,145 $25,900 $0 $0
2021 $1,117 $21,300 $0 $0
2020 $1,106 $18,900 $0 $0
2019 $1,090 $14,500 $0 $0
2018 $934 $11,800 $0 $0
2017 $220 $11,600 $0 $0
2016 $1,097 $12,700 $0 $0
2015 $1,270 $12,700 $0 $0
2013 $1,407 $14,067 $0 $0
2010 -- $20,156 $568 $19,588
Source: Public Records

Agents Affiliated with this Home

  • Jay Alhashemy

    Seller's Agent in 2012

    Jay Alhashemy

    Encore Realty

    (248) 833-0078

    54 Total Sales

    Section Image
  • Sherri Saad

    Buyer's Agent in 2012

    Sherri Saad

    RE/MAX

    (313) 598-5322

    9 in this area

    554 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 211130069

Realcomp

APN: 20-003582

Michigan Wayne County Detroit 48209 Springwells

8743 Mason Place, Detroit, MI

This home is located at 8743 Mason Place, Detroit, MI 48209 since 21 December 2011 and is currently estimated at $117,461, approximately $72 per square foot. This property was built in 1916. 8743 Mason Place is a home located in Wayne County with nearby schools including Bennett Elementary School, 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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