NOT LISTED FOR SALE

8846 Faust Ave Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $69,000 - $91,000

3 Beds
1 Bath
905 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 13, 2016

Last sale price $18,500 $20 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $583/month

37 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Patio
  • Cass Technical High School Rated 10
  • Porch
  • Bungalow

About This Home

As of September 2016

INVESTOR SPECIAL!!! TENANT OCCUPIED CURRENTLY BEING RENTED OUT FOR $600 A MONTH! EXCELLENT CLEAN WORKING TENANTS! LOW TAXES AND ALL TAXES ARE PAID UP TO DATE AND TENANT PAYS ALL UTILITIES! REALLY NICE 3BR BUNGALOW THAT HAS BEEN NEWLY REMODELED WITH FRESH PAINT, HARDWOOD FLOORS, AND FINISHED BASEMENT WITH BAR! ABSOLUTELY NO WORK NEEDED! THIS BEAUTIFUL COZY HOME IS LOCATED IN A VERY NICE AREA WITHIN WALKING DISTANCE OF RESTAURANTS AND SHOPPING! THIS IS A MUST SEE! BATVAI! QUICK CLOSING! OWNER IS A LICENSED REAL ESTATE AGENT

Last Agent to Sell the Property

Sharon Mendenhall

Vision Realty Centers License #6501382405 Listed on: 08/02/2016

Last Buyer's Agent

Sharon Mendenhall

Vision Realty Centers License #RCO-6501382405

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946 | Remodeled in 2015

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41.00x129.93
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 905 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W22I078515S

Community Details

Overview

  • No Home Owners Association
  • Dana Park Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Year Built

Built in 1946 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1946
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 905

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: BBQ Grill, Fenced, Lighting
  • Foundation Materials: Brick/Mortar
  • Porch Type: Patio, Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 165833.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 41.00X129.93
  • Parcel Number: W22I078515S

Tax Info

  • Tax Amount Summer: 1221.0000
  • Tax Amount Winter: 119.0000
  • Total Tax: 1340.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Equity Trust Company
Bought by
Velazquez Ramos Eric Manuel and Rodriguez Miangelis Falcon
Current Estimated Value
$83,919

Purchase Details

Closed on
May 7, 2021
Sold by
G Force Productions Llc
Bought by
Rich Port Mortgage Company

Purchase Details

Closed on
Jul 3, 2018
Sold by
Pentagon Properties Detroit Llc
Bought by
G Froce Productions Llc

Purchase Details

Closed on
Jul 14, 2017
Sold by
Pentagon Properties Detroties Llc
Bought by
Cruz Moreno Marcos Abraham

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 13, 2016
Sold by
Mendenhall Sharon and Mcadoo Che
Bought by
Pentagon Properties Detroit Llc
Seller's Agent
Sharon Mendenhall
Vision Realty Centers
Buyer's Agent
Sharon Mendenhall
Vision Realty Centers
List Price
$19,900
Sold Price
$18,500
Premium/Discount to List
-$1,400
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%

Purchase Details

Closed on
Sep 30, 2014
Sold by
Banner Sierra
Bought by
High End Realty

Purchase Details

Listed on
Jul 24, 2013
Closed on
Oct 9, 2013
Sold by
Mendenhall Sharon
Bought by
Banner Sierra
Seller's Agent
Albert Hakim
Re/Max Signature
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$5,000
Sold Price
$5,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.08%

Purchase Details

Closed on
Jan 2, 2013
Sold by
Onewest Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 4, 2012
Sold by
Frederick Mildred
Bought by
Onewest Bank Fsb
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
Velazquez Ramos Eric Manuel -- Peak Title Agency Co
Equity Trust Company Custodian $20,000 Penk Title Agency Co
Rich Port Mortgage Company $1,000 None Available
G Froce Productions Llc $1,000 None Available
Cruz Moreno Marcos Abraham -- Title Express Llc
Pentagon Properties Detroit Llc $18,500 Chirco Title Agency Inc
High End Realty -- None Available
Banner Sierra -- None Available
Fannie Mae -- None Available
Onewest Bank Fsb $6,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cruz Moreno Marcos Abraham $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2016 09/13/16 Sold $18,500 -7.0% $20 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $19,900 +298.0% $22 / Sq Ft
08/29/2013 08/29/13 Sold $5,000 0.0% $6 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
07/24/2013 07/24/13 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 $1,728 $33,900 $0 $0
2024 $1,728 $28,300 $0 $0
2023 $1,679 $22,800 $0 $0
2022 $1,796 $17,800 $0 $0
2021 $1,173 $13,800 $0 $0
2020 $1,172 $12,700 $0 $0
2019 $1,155 $11,300 $0 $0
2018 $834 $10,100 $0 $0
2017 $180 $9,500 $0 $0
2016 $1,183 $12,500 $0 $0
2015 $1,250 $12,500 $0 $0
2013 $1,357 $17,550 $0 $0
2010 -- $25,145 $869 $24,276
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sharon Mendenhall

    Vision Realty Centers

    (313) 778-2778

    8 Total Sales

    Sharon Mendenhall
    Section Image

  • A

    Seller's Agent in 2013

    Albert Hakim

    RE/MAX

  • .

    Buyer's Agent in 2013

    . Non Mls Member

    NON MLS Member

See All Agents

Map

Source: Realcomp

MLS Number: 216076539

Realcomp

APN: 22-078515

Michigan Wayne County Detroit 48228 Franklin Park

8846 Faust Ave, Detroit, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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