NOT LISTED FOR SALE

8862 Falcon St Detroit, MI 48209

Springwells Neighborhood

Estimated Value: $57,000 - $128,157

4 Beds
2 Baths
1,302 Sq Ft
$79/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $45,000 $35 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $659/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Covered Patio or Porch
  • Cass Technical High School Rated 10
  • No HOA
  • Balcony

About This Home

As of September 2016

Back on Market. CASH ONLY SALES. Home Sweet Home full of love and lots of Memories. The owner has been here 39 years! So much pride thru out. Colonial house situated on 3 lots and all lots are included with the house. (3 separate tax bills) The MLS only refers to the house. Once you walk in you will find French doors to the living room with oak trim thru out, Kitchen has some updates, Huge formal dining room with door wall to yard. 2 nd floor offers a full bath and 3 bedrooms. Escape to the 3 rd level great for a master suite, sitting area, sewing room.. What ever you desire. Very nice basement area with full bath, GFA furnace, Some newer vinyl windows, Newer roof. Awesome covered front porch, Huge deck off back to the pool, Upper level offers a balcony off the bedroom! This house is Maintained Beautifully! Come see for yourself!! EZ to show and BEING SOLD AS IS. Tax ids for lots 20003210 and 20003212 2 lots will be transferred by QCD. No exceptions must be a CASH SALE

Last Agent to Sell the Property

Kelly Matelic

Park Avenue Realty Inc License #6501302261 Listed on: 06/07/2016

Last Buyer's Agent

Kelly Matelic

Park Avenue Realty Inc License #6501302261 Listed on: 06/07/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,302 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • John P Clark Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number W20I003211S

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal
  • Sq Ft Combined: 1953
  • Sq Ft Lower Floor: 651
  • Total Sq Ft: 1302
  • Sq Ft Total Bsmt: 651

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Balcony, Deck, Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 678571.4286
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W20I003211S

Tax Info

  • Tax Amount Summer: 1012.0000
  • Tax Amount Winter: 121.0000
  • Total Tax: 1133.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Sep 23, 2016
Sold by
Walkangas Carol
Bought by
Franks Lacyann H
Seller's Agent
Kelly Matelic
Park Avenue Realty Inc
Buyer's Agent
Kelly Matelic
Park Avenue Realty Inc
List Price
$47,500
Sold Price
$45,000
Premium/Discount to List
-$2,500
-5.26%
Current Estimated Value
$102,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,539
Avg. Annual Appreciation
8.77%
Original Mortgage
$30,000
Outstanding Balance
$20,158
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$75,316

Purchase Details

Closed on
Jun 19, 2015
Sold by
Walikangas Norman P and Walikangas Erika
Bought by
Walikangas Carol

Purchase Details

Closed on
Aug 3, 2011
Sold by
Walikangas John Charles and Walikangas Carol L
Bought by
Walikangas Norman P
Source: Public Records

Range of Values:

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Average Value
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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
Franks Lacyann H $45,000 Reputaiton First Title Agenc
Walikangas Carol -- Minnesota Title Agency
Walikangas Norman P $15,001 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks Lacyann H $30,000
Previous Owner Walikangas John Charles $80,750
Previous Owner Walikangas John Charles $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $45,000 -5.3% $35 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/16/2016 07/16/16 Price Changed $47,500 0.0% $36 / Sq Ft
07/16/2016 07/16/16 For Sale $47,500 -13.6% $36 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $55,000 -- $42 / 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 $1,217 $44,800 $0 $0
2024 $1,217 $36,900 $0 $0
2023 $1,180 $29,000 $0 $0
2022 $1,291 $25,600 $0 $0
2021 $1,259 $21,100 $0 $0
2020 $1,245 $18,700 $0 $0
2019 $1,226 $14,500 $0 $0
2018 $1,046 $13,700 $0 $0
2017 $256 $13,500 $0 $0
2016 $1,325 $12,800 $0 $0
2015 $1,280 $12,800 $0 $0
2013 $1,357 $14,232 $0 $0
2010 -- $20,392 $479 $19,913
Source: Public Records

Agents Affiliated with this Home

  • Kelly Matelic

    Seller's Agent in 2016

    Kelly Matelic

    Park Avenue Realty Inc

    (313) 477-4030

    3 in this area

    327 Total Sales

    Kelly Matelic
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Map

Source: Realcomp

MLS Number: 216055986

Realcomp

APN: 20-003211

Michigan Wayne County Detroit 48209 Springwells

8862 Falcon St, Detroit, MI

This home is located at 8862 Falcon St, Detroit, MI 48209 since 07 June 2016 and is currently estimated at $102,539, approximately $78 per square foot. This property was built in 1925. 8862 Falcon St 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.

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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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