NOT LISTED FOR SALE

9034 Artesian St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $79,000 - $111,000

3 Beds
1 Bath
957 Sq Ft
$95/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $44,900 $47 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $659/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2018

INVESTOR SPECIAL!!! TURN-KEY PROPERTY. CLEAN 3 BEDROOM ALMOST 1,000 SQUARE FOOT BRICK RANCH. NEWER 100 AMP ELECTRICAL PANEL, NEWER FURNACE. GLASS BLOCK BASEMENT WINDOWS. TENANT OCCUPIED, SECTION 8 TENANT. VERY LOW TURNOVER RATE, TREMENDOUS ROI; INVESTORS CHECK OUT THIS CAPE RATE OVER 15%. TAXES HAVE BEEN APPEALED AND HAVE BEEN SIGNIFICANTLY LOWERED TO THE RATE OF $1,073 NON-HOMESTEADED!!! NO SHOWINGS TILL OFFER ACCEPTED. WE DO NOT WANT TO DISTURB THE TENANT. TENANT PAYS ALL UTILITIES. BUYER TO PAY $495 TRANSACTION FEE TO LISTING OFFICE. BATVAI LEASE AGREEMENT, AND RENT ROLL ALL TO BE PROVIDED WITH ACCEPTED OFFER.

Last Agent to Sell the Property

Alex Saad

RE/MAX Team 2000 License #6501355792 Listed on: 11/07/2018

RE/MAX Team 2000

Last Buyer's Agent

Al Davis

Detroit Investment Company License #RCO-6501331481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948 | Remodeled in 2014

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x129.40

Parking

  • 2 Car Detached Garage

Home Design

  • 957 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Bonaparte Park Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I084348S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,077

Year Built

Built in 1948 | Remodeled in 2014

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240
  • Year Built: 1948
  • Year Renovated: 2014
  • 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: 957

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • 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 Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 408181.8182
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X129.40
  • Parcel Number: W22I084348S

Tax Info

  • Tax Amount Summer: 987.0000
  • Tax Amount Winter: 90.0000
  • Total Tax: 1077.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Detinvest Llc
Bought by
Det 5 Llc
Current Estimated Value
$90,524

Purchase Details

Listed on
Nov 7, 2018
Closed on
Nov 19, 2018
Sold by
Dearborn Investment Fund Llc
Bought by
Detinvest Llc
Seller's Agent
Alex Saad
RE/MAX Team 2000
Buyer's Agent
Al Davis
Detroit Investment Company
List Price
$44,900
Sold Price
$44,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Jun 20, 2012
Sold by
Hamade Michael
Bought by
Dearborn Investment Fund Llc

Purchase Details

Closed on
Dec 1, 2011
Sold by
Hamade Michael
Bought by
Dearborn Investment Fund Llc

Purchase Details

Closed on
Sep 29, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Homecomings Financial Llc

Purchase Details

Closed on
May 23, 2007
Sold by
Gaither Wayne
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 28, 2005
Sold by
The Provident Bank
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capitol Inc Trust 200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
8.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2004
Sold by
Powell Littie
Bought by
The Provident Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Det 5 Llc -- --
Detinvest Llc $44,900 Regions Title Agency Llc
Dearborn Investment Fund Llc -- None Available
Dearborn Investment Fund Llc -- None Available
Homecomings Financial Llc -- E Title Agenc Inc
Mortgage Electronic Registration Systems $71,353 None Available
Deutsche Bank National Trust Co -- --
The Provident Bank $77,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deutsche Bank National Trust Co $39,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $44,900 0.0% $47 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $44,900 -- $47 / Sq Ft
Source: Realcomp

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 $2,254 $37,100 $0 $0
2024 $2,227 $31,100 $0 $0
2023 $2,165 $25,000 $0 $0
2022 $1,406 $19,800 $0 $0
2021 $1,367 $16,600 $0 $0
2020 $1,367 $14,100 $0 $0
2019 $1,346 $12,500 $0 $0
2018 $987 $11,800 $0 $0
2017 $180 $11,100 $0 $0
2016 $1,078 $14,400 $0 $0
2015 $939 $14,400 $0 $0
2013 $2,022 $20,221 $0 $0
2010 -- $28,973 $1,027 $27,946
Source: Public Records

Agents Affiliated with this Home

  • Alex Saad

    Seller's Agent in 2018

    Alex Saad

    RE/MAX

    (313) 790-7222

    189 Total Sales

    Alex Saad
    Section Image

  • A

    Buyer's Agent in 2018

    Al Davis

    Detroit Investment Company

    (734) 757-5286

    8 in this area

    71 Total Sales

    Al Davis
    Section Image

  • A

    Buyer's Agent in 2018

    Alan Davis

    Detroit Investment Company

See All Agents

Map

Source: Realcomp

MLS Number: 218108391

Realcomp

APN: 22-084348

Michigan Wayne County Detroit 48228 Franklin Park

9034 Artesian St, Detroit, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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