NOT LISTED FOR SALE

9230 Penrod St Detroit, MI 48228

Franklin Park Neighborhood

Estimated Value: $79,182 - $121,000

3 Beds
1 Bath
1,142 Sq Ft
$87/Sq Ft Est. Value

About This Home

This home is located at 9230 Penrod St, Detroit, MI 48228 and is currently estimated at $99,296, approximately $86 per square foot. 9230 Penrod 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Arreis Holdings Llc
Bought by
Price Rite Investments Llc
Current Estimated Value
$99,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$233,803
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
-$128,704

Purchase Details

Closed on
Aug 16, 2024
Sold by
National Faith Homebuyers
Bought by
Arreis Holdings Llc

Purchase Details

Closed on
Dec 1, 2017
Sold by
Detroit Land Bank Authority
Bought by
National Faith Homebuyers

Purchase Details

Closed on
Apr 6, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jul 22, 1994
Sold by
Spot Realty Inc
Bought by
Terry W Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,780
Interest Rate
10%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Price Rite Investments Llc $312,000 None Listed On Document
Price Rite Investments Llc $312,000 None Listed On Document
Arreis Holdings Llc $110,000 Vanguard Title
National Faith Homebuyers $1,360 None Available
Detroit Land Bank Authority -- None Available
Terry W Jones $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Rite Investments Llc $234,000
Closed Price Rite Investments Llc $234,000
Previous Owner Terry W Jones $39,780
Source: Public Records

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 $1,448 $42,900 $0 $0
2024 $1,448 $36,000 $0 $0
2023 $1,406 $28,900 $0 $0
2022 $1,501 $22,200 $0 $0
2021 $1,459 $17,200 $0 $0
2020 $1,459 $15,800 $0 $0
2019 $1,436 $14,000 $0 $0
2018 $1,256 $13,200 $0 $0
2017 $235 $12,400 $0 $0
2016 $1,370 $14,900 $0 $0
2015 $1,490 $14,900 $0 $0
2013 $1,613 $20,904 $0 $0
2010 -- $29,952 $1,173 $28,779
Source: Public Records

Map

Michigan Wayne County Detroit 48228 Franklin Park

9230 Penrod St, Detroit, MI

This home is located at 9230 Penrod St, Detroit, MI 48228 and is currently estimated at $99,296, approximately $86 per square foot. 9230 Penrod 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.

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