NOT LISTED FOR SALE

891 Edison St Detroit, MI 48202

Boston Edison Neighborhood

Estimated Value: $142,990 - $265,000

4 Beds
2 Baths
1,886 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $20,000 $11 Per Sq Ft

Est. 879% increase in value since last sale

Current estimated payment $1,160/month

78 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage
  • 3-minute walk to Voigt Park

About This Home

As of October 2020

This 2 story colonial is located in the historic Boston Edison district.Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.’ BATVAI

Last Listed By

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 03/23/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x134.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Voigt Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W04I002606S

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 4590.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1886
  • Total Sq Ft: 1886
  • Sq Ft Total Bsmt: 729

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 250000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X134.00
  • Parcel Number: W04I002606S

Tax Info

  • Tax Amount Summer: 603.0000
  • Tax Amount Winter: 43.0000
  • Total Tax: 646.0000
  • Taxable Value: 4590.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Oct 15, 2020
Sold by
Detroit Land Bank Authority
Bought by
Larrys Construction Llc
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
List Price
$30,000
Sold Price
$20,000
Premium/Discount to List
-$10,000
-33.33%
Total Days on Market
78
Current Estimated Value
$195,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,748
Avg. Annual Appreciation
64.02%

Purchase Details

Closed on
Aug 5, 2019
Sold by
Kelly Erin
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Nov 6, 2018
Sold by
Kelly Erin
Bought by
Detroit Land Bank Authority

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
Larrys Construction Llc $20,000 Parks Title
The Detroit Land Bank Authority -- None Available
Detroit Land Bank Authority -- Liberty Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $20,000 -33.3% $11 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $30,000 -- $16 / 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
2024 $765 $45,300 $0 $0
2023 $741 $9,120 $0 $0
2022 $782 $7,500 $0 $0
2021 $764 $6,000 $0 $0
2020 $0 $0 $0 $0
2019 $646 $4,590 $0 $0
2018 $0 $4,400 $0 $0
2017 $76 $4,000 $0 $0
2016 $1,196 $20,700 $0 $0
2015 $1,590 $15,900 $0 $0
2013 $1,721 $22,385 $0 $0
2010 -- $31,070 $1,002 $30,068
Source: Public Records

Agents Affiliated with this Home

  • Leonard Pickett

    Seller's Agent in 2020

    Leonard Pickett

    RCH Brokerage Legacy Inc

    (313) 510-7887

    4 in this area

    180 Total Sales

    Leonard Pickett
    Section Image
  • Clarence Wilson

    Seller Co-Listing Agent in 2020

    Clarence Wilson

    RCH Brokerage Legacy Inc

    (313) 467-0009

    6 in this area

    231 Total Sales

    Clarence Wilson
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200023246

Realcomp

APN: 04-002606

Michigan Wayne County Detroit 48202 Boston Edison

891 Edison St, Detroit, MI

Homes for Sale in Detroit, MI

This home is located at 891 Edison St, Detroit, MI 48202 since 23 March 2020 and is currently estimated at $195,748, approximately $103 per square foot. This property was built in 1910. 891 Edison St is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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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