NOT LISTED FOR SALE

8867 Brace St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $81,000 - $113,008

3 Beds
1 Bath
1,012 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $41,500 $41 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $604/month

16 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of August 2023

Great opportunity on this 3 bedroom brick ranch with full basement. Perfect for investment or owner occupant. A little TLC will go a long way here, conveniently located just a few blocks from Southfield Freeway! Furniture and TV negotiable.

Last Agent to Sell the Property

James Silver

Keller Williams Somerset License #6501302927 Listed on: 08/01/2023

Keller Williams Somerset

Co-Listed By

Terrance Sims

Keller Williams Somerset License #6501428838

Last Buyer's Agent

Garrett Blair

Douglas Rose Realty License #6501426013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 41 x 111

Home Design

  • 1,012 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Bonaparte Park Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22081146.

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1945
  • State Equalized Value: 22400.0000
  • Year Renovated: 1945
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1012

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 41 x 111
  • Parcel Number: 22081146.

Tax Info

  • Tax Amount Summer: 1047.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 1172.0000
  • Taxable Value: 22400.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 24, 2023
Sold by
Johnson Earnest
Bought by
Waban Owner I Llc
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Garrett Blair
Douglas Rose Realty
List Price
$49,000
Sold Price
$41,500
Premium/Discount to List
-$7,500
-15.31%
Views
64
Current Estimated Value
$96,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,252
Avg. Annual Appreciation
47.44%

Purchase Details

Closed on
May 30, 2014
Sold by
Amptix Com Llc
Bought by
Johnson Earnest

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Apmtix Com Llc

Purchase Details

Closed on
Mar 1, 2007
Sold by
Cooke Bernard
Bought by
Evans Aprial C Byes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Wilson Michael and Wilson Mary
Bought by
Wells Fargo Bank Minnesota Na and Delta Funding Home Equity Loan Trust 199
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
Waban Owner I Llc $41,500 None Listed On Document
Waban Owner I Llc $41,500 None Listed On Document
Johnson Earnest -- None Available
Apmtix Com Llc $930 None Available
Evans Aprial C Byes $85,000 Netco
Wells Fargo Bank Minnesota Na $50,607 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Aprial C Byes $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $41,500 -15.3% $41 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $49,000 -- $48 / 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 $2,954 $42,600 $0 $0
2024 $2,954 $35,900 $0 $0
2023 $1,313 $28,800 $0 $0
2022 $1,401 $22,400 $0 $0
2021 $1,362 $17,300 $0 $0
2020 $1,362 $15,900 $0 $0
2019 $1,341 $14,300 $0 $0
2018 $1,175 $12,600 $0 $0
2017 $226 $11,900 $0 $0
2016 $1,325 $14,300 $0 $0
2015 $1,427 $14,300 $0 $0
2013 $2,002 $20,016 $0 $0
2010 -- $28,680 $973 $27,707
Source: Public Records

Agents Affiliated with this Home

  • James Silver

    Seller's Agent in 2023

    James Silver

    Keller Williams Somerset

    (248) 417-9617

    7 in this area

    362 Total Sales

    James Silver
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Terrance Sims

    Keller Williams Somerset

    (248) 649-7208

    6 in this area

    57 Total Sales

    Terrance Sims
    Section Image
  • Garrett Blair

    Buyer's Agent in 2023

    Garrett Blair

    Douglas Rose Realty

    (810) 623-0228

    18 in this area

    260 Total Sales

    Garrett Blair
    Section Image
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Map

Source: Realcomp

MLS Number: 20230063896

Realcomp

APN: 22-081146

Michigan Wayne County Detroit 48228 Franklin Park

8867 Brace St, 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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