NOT LISTED FOR SALE

8880 Brace St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $40,000 - $86,000

2 Beds
1 Bath
808 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $38,000 $47 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $432/month

77 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property
  • Cass Technical High School Rated 10
  • Bungalow
  • Forced Air Heating System

About This Home

As of September 2024

Investor special , currently tenant occupied on a month to month at $700. Home is being sold as is, BATVAI.

Last Agent to Sell the Property

Andrea Johnson

Powell Real Estate License #6501407051 Listed on: 06/29/2024

Last Buyer's Agent

Nicole Brown

License #6501431934

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944 | Remodeled in 2015

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 117.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Bonaparte Park Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I081038S

Home Details

Home Type

Single Family

Year Built

Built in 1944 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 240.00
  • Year Built: 1944
  • State Equalized Value: 22700.0000
  • Year Renovated: 2015
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 808

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 117.00
  • Parcel Number: W22I081038S

Tax Info

  • Tax Amount Summer: 1011.0000
  • Tax Amount Winter: 94.0000
  • Total Tax: 1105.0000
  • Taxable Value: 10022.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Sep 20, 2024
Sold by
Foreclosure Capital Of America Llc
Bought by
Salmonberry Lane Investments Llc
Seller's Agent
Andrea Johnson
Powell Real Estate
Buyer's Agent
Nicole Brown
List Price
$55,000
Sold Price
$38,000
Premium/Discount to List
-$17,000
-30.91%
Views
16
Current Estimated Value
$65,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,855
Avg. Annual Appreciation
64.85%

Purchase Details

Closed on
May 14, 2011
Sold by
Mya Inc
Bought by
Foreclosure Capital Of America Llc

Purchase Details

Closed on
Nov 16, 2005
Sold by
Daaja Mulindwa
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Feb 11, 2004
Sold by
Dunham Darryl
Bought by
Daaja Mulindwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
First Federal Of Michigan
Bought by
Dunham Darryl
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
Salmonberry Lane Investments Llc $38,000 None Listed On Document
Foreclosure Capital Of America Llc -- Lawyers Title
Deutsche Bank National Trust Co $51,375 None Available
Daaja Mulindwa $65,000 Lamont Rhodes Title Agency L
Dunham Darryl $27,000 Title Source
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daaja Mulindwa $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $38,000 -5.0% $47 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/02/2024 09/02/24 Price Changed $40,000 -27.3% $50 / Sq Ft
06/29/2024 06/29/24 For Sale $55,000 -- $68 / 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 $1,043 $33,700 $0 $0
2024 $1,043 $28,200 $0 $0
2023 $1,011 $22,700 $0 $0
2022 $1,074 $17,400 $0 $0
2021 $1,047 $13,500 $0 $0
2020 $1,046 $12,400 $0 $0
2019 $1,032 $11,000 $0 $0
2018 $913 $10,800 $0 $0
2017 $162 $10,100 $0 $0
2016 $994 $13,600 $0 $0
2015 $846 $13,600 $0 $0
2013 $819 $19,103 $0 $0
2010 -- $27,372 $969 $26,403
Source: Public Records

Agents Affiliated with this Home

  • Andrea Johnson

    Seller's Agent in 2024

    Andrea Johnson

    Powell Real Estate

    (248) 819-3494

    3 in this area

    134 Total Sales

    Andrea Johnson
    Section Image

  • N

    Buyer's Agent in 2024

    Nicole Brown

    Section Image
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Map

Source: Realcomp

MLS Number: 20240046423

Realcomp

APN: 22-081038

Michigan Wayne County Detroit 48228 Franklin Park

8880 Brace St, Detroit, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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