NOT LISTED FOR SALE

8879 Stout St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $67,000 - $129,000

3 Beds
1 Bath
768 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $12,000 $16 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $575/month

360 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of January 2019

Investment opportunity! 3 bedroom bungalow on Detroit's west side, currently rented for $600/month. DO NOT DISTURB THE TENANT! Buyer to be responsible for all city inspections, property sold AS IS.

Last Agent to Sell the Property

Kathlene Mitchell

Star Valley Realty LLC License #6501386538 Listed on: 01/15/2018

Last Buyer's Agent

Jane Fader

Clyde Realty LLC License #6501408639

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00x134.02

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 768 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Warrendale Warsaw No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I102051S

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 768
  • Total Sq Ft: 768
  • Sq Ft Total Bsmt: 768

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 144545.4545
  • Lot Size Area: 0.11
  • Lot Dimensions: 35.00X134.02
  • Parcel Number: W22I102051S

Tax Info

  • Tax Amount Summer: 712.0000
  • Tax Amount Winter: 70.0000
  • Total Tax: 782.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Delrosario Joel
Bought by
Reese Marshall
Current Estimated Value
$88,756

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jan 26, 2019
Sold by
Rtr Llc
Bought by
Rosario Joel Del
Seller's Agent
Kathlene Mitchell
Star Valley Realty LLC
Buyer's Agent
Jane Fader
Clyde Realty LLC
List Price
$24,900
Sold Price
$12,000
Premium/Discount to List
-$12,900
-51.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.63%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Tbag Llc
Bought by
Rtr Llc

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Tbag Llc
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
Reese Marshall -- None Listed On Document
Rosario Joel Del $12,000 Regions Title Agency Llc
Rtr Llc -- None Available
Tbag Llc $1,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2019 01/29/19 Sold $12,000 -24.5% $16 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $15,900 -14.1% $21 / Sq Ft
07/10/2018 07/10/18 Price Changed $18,500 -7.0% $24 / Sq Ft
02/05/2018 02/05/18 Price Changed $19,900 -20.1% $26 / Sq Ft
01/15/2018 01/15/18 For Sale $24,900 -- $32 / 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 $1,276 $30,200 $0 $0
2024 $1,276 $25,300 $0 $0
2023 $1,239 $20,300 $0 $0
2022 $1,320 $16,600 $0 $0
2021 $1,285 $12,900 $0 $0
2020 $1,284 $11,800 $0 $0
2019 $809 $10,500 $0 $0
2018 $724 $9,400 $0 $0
2017 $117 $8,900 $0 $0
2016 $783 $7,200 $0 $0
2015 $720 $7,200 $0 $0
2013 $1,589 $19,226 $0 $0
2010 -- $27,548 $794 $26,754
Source: Public Records

Agents Affiliated with this Home

  • Kathlene Mitchell

    Seller's Agent in 2019

    Kathlene Mitchell

    Star Valley Realty LLC

    (586) 298-2216

    3 in this area

    118 Total Sales

    Kathlene Mitchell
    Section Image

  • J

    Buyer's Agent in 2019

    Jane Fader

    Clyde Realty LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 218003377

Realcomp

APN: 22-102051

Michigan Wayne County Detroit 48228 Franklin Park

8879 Stout St, Detroit, MI

This home is located at 8879 Stout St, Detroit, MI 48228 since 15 January 2018 and is currently estimated at $88,756, approximately $115 per square foot. This property was built in 1951. 8879 Stout St is a home located in Wayne County with nearby schools including Bates Academy, 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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