NOT LISTED FOR SALE

8843 Brace St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $50,000 - $71,588

2 Beds
1 Bath
808 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $49,000 $61 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $430/month

96 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2024

FRANKLIN PARK BRICK RANCH NOW AVAILABLE! UPDATED BRICK RANCH PERFECT FOR AN INVESTOR OR HOMEOWNER. JUST A LITTLE TLC AND IT’S READY TO GO! CONVENIENTLY LOCATED NEAR JOY RD, CLOSE TO STORES, PLACES OF WORSHIP AND THE FREEWAY FOR FAST COMMUTE.

Last Agent to Sell the Property

Jay Kabbani

Keller Williams Legacy License #6501401180 Listed on: 02/29/2024

Keller Williams Legacy

Last Buyer's Agent

Danice Simon

License #6501456991

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 41.00 x 110.00

Parking

  • 2 Car Detached Garage

Home Design

  • 808 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Bonaparte Park Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I081149S

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
  • Assessment: 240.00
  • Year Built: 1944
  • State Equalized Value: 21800.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: None (Appliances)
  • Total Sq Ft: 808

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

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: 0.10
  • Lot Dimensions: 41.00 x 110.00
  • Parcel Number: W22I081149S

Tax Info

  • Tax Amount Summer: 1317.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 1442.0000
  • Taxable Value: 13991.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Jun 14, 2024
Sold by
Propiedades Fantaci Llc
Bought by
Mcnear Daryl
Seller's Agent
Jay Kabbani
Keller Williams Legacy
Buyer's Agent
Danice Simon
List Price
$59,000
Sold Price
$49,000
Premium/Discount to List
-$10,000
-16.95%
Views
41
Current Estimated Value
$60,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,647
Avg. Annual Appreciation
16.84%

Purchase Details

Closed on
Feb 21, 2020
Sold by
Vpm 1 Llc
Bought by
Propiedades Fantaci Llc

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 22, 2019
Sold by
Alaouie Ali Hassan and Alaouie Ali
Bought by
Vpm 1 Llc
Seller's Agent
Ali Alaouie
XPI Realty
Buyer's Agent
Jay Kabbani
Keller Williams Legacy
List Price
$34,999
Sold Price
$22,000
Premium/Discount to List
-$12,999
-37.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%

Purchase Details

Closed on
Nov 26, 2018
Sold by
Fannie Mae
Bought by
Alaouie Ali Hassan

Purchase Details

Closed on
Aug 16, 2018
Sold by
Bakeman Timothy
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bakeman Timothy and Green Susan E
Bought by
Bridgeport 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
$50,798
Interest Rate
3.3%
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
Mcnear Daryl $49,000 Regions Title
Propiedades Fantaci Llc $44,900 Venture Title Agency
Vpm 1 Llc $22,000 V1 Title Agency
Alaouie Ali Hassan -- None Available
Fannie Mae $10,000 Sun Title Agency Of Michigan
Bridgeport Properties Llc -- None Available
Bakeman Timothy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakeman Timothy $50,798
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $49,000 -5.8% $61 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $52,000 -11.9% $64 / Sq Ft
02/29/2024 02/29/24 For Sale $59,000 +168.2% $73 / Sq Ft
11/22/2019 11/22/19 Sold $22,000 -37.1% $26 / Sq Ft View Prior Sale
10/30/2019 10/30/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $34,999 -- $41 / 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 $1,357 $32,400 $0 $0
2024 $1,357 $27,100 $0 $0
2023 $1,317 $21,800 $0 $0
2022 $1,405 $16,700 $0 $0
2021 $1,366 $12,900 $0 $0
2020 $542 $11,900 $0 $0
2019 $448 $10,600 $0 $0
2018 $417 $10,100 $0 $0
2017 $43 $9,500 $0 $0
2016 $438 $7,500 $0 $0
2015 $222 $7,500 $0 $0
2013 $736 $17,736 $0 $0
2010 -- $25,413 $973 $24,440
Source: Public Records

Agents Affiliated with this Home

  • Jay Kabbani

    Seller's Agent in 2024

    Jay Kabbani

    Keller Williams Legacy

    (313) 502-0550

    8 in this area

    155 Total Sales

    Jay Kabbani
    Section Image

  • D

    Buyer's Agent in 2024

    Danice Simon

    Section Image

  • A

    Seller's Agent in 2019

    Ali Alaouie

    XPI Realty

    Section Image
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Map

Source: Realcomp

MLS Number: 20240012496

Realcomp

APN: 22-081149

Michigan Wayne County Detroit 48228 Franklin Park

8843 Brace 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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