NOT LISTED FOR SALE

8865 University Place Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $61,000 - $86,521

3 Beds
1 Bath
1,000 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $7,601 $8 Per Sq Ft

Est. 888% increase in value since last sale

Current estimated payment $503/month

23 Days on Market

About This Home

As of March 2015

Excellent Opportunity!! Bungalow with basement and garage!

Last Agent to Sell the Property

Mark Reling

Market Value Property Specialists LTD License #MISPE-6502121023 Listed on: 01/26/2015

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1939

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x106

Parking

  • 1 Car Garage

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number W21I077428S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,230

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Year Built: 1939
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 11
  • Bedroom 2: On Entry Level, Dimensions: 10 x 10
  • Bedroom 3: On Entry Level, Dimensions: 10 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: Dimensions: 10 x 10
  • Living Room: Dimensions: 14 x 11
  • Above Grade Finished Sq Ft: 1000
  • Total Finished Sq Ft: 1000

Exterior Features

  • Foundation: Basement
  • Frontage: 35

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: W21I077428S
  • Lot Dimensions: 35x106
  • Acreage: 0.09
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,362.00
  • Winter Tax: Year: 2014, Amount: $197.00

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 16, 2015
Sold by
Michigan First Credit Union
Bought by
Horton Lakisscha
Seller's Agent
Mark Reling
Market Value Property Specialists LTD
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$8,900
Sold Price
$7,601
Premium/Discount to List
-$1,299
-14.6%
Current Estimated Value
$75,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,529
Avg. Annual Appreciation
26.14%

Purchase Details

Closed on
May 15, 2014
Sold by
Roelans Karen
Bought by
Thomas Darryl L

Purchase Details

Closed on
Feb 27, 2014
Sold by
Roelans Karen
Bought by
Mortgage Center Llc

Purchase Details

Closed on
Aug 25, 2003
Sold by
Buscher Dolores
Bought by
Roelans Karen
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
Horton Lakisscha $7,601 None Available
Thomas Darryl L -- None Available
Mortgage Center Llc $24,655 None Available
Roelans Karen $69,000 Great Lakes Title
Estate Of Ida Winifred Copeland -- Great Lakes Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2015 03/18/15 Sold $7,601 -14.6% $8 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $8,900 -- $9 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,230 $44,400 $0 $0
2024 $1,230 $38,400 $0 $0
2023 $1,194 $28,600 $0 $0
2022 $1,272 $22,000 $0 $0
2021 $1,237 $17,300 $0 $0
2020 $1,237 $15,600 $0 $0
2019 $1,219 $13,100 $0 $0
2018 $1,072 $10,800 $0 $0
2017 $209 $11,000 $0 $0
2016 $1,343 $14,600 $0 $0
2015 $1,460 $14,600 $0 $0
2013 $2,079 $20,785 $0 $0
2010 -- $30,474 $883 $29,591
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Reling

    Market Value Property Specialists LTD

    Section Image

  • .

    Buyer's Agent in 2015

    . Non Mls Member

    NON MLS Member

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31227734

Michigan Multiple Listing Service

APN: 21-077428

Michigan Wayne County Detroit 48224 Cornerstone Village

8865 University Place, Detroit, MI

This home is located at 8865 University Place, Detroit, MI 48224 since 26 January 2015 and is currently estimated at $75,130, approximately $75 per square foot. This property was built in 1939. 8865 University Place is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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