NOT LISTED FOR SALE

9416 Longacre St Detroit, MI 48228

Joy Community Neighborhood

Estimated Value: $51,000 - $63,000

2 Beds
1 Bath
1,478 Sq Ft
$40/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $3,250 $2 Per Sq Ft

Est. 1,730% increase in value since last sale

Current estimated payment $366/month

13 Days on Market

About This Home

As of June 2015

Charming two bedroom bungalow. Tons of potential!! Hardwood floors, ceramic tile in bathroom. Perfect for first time home buyers and investors. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 06/17/2015 PROPERTY SOLD 'AS IS' BUYER RESPONSIBLE FOR ANY MUNICIPAL REQUIREMENTS AND BUYER TO VERIFY ALL INFORMATION. , FREDDIE MAC WILL PAY UP TO $500 FOR OWNER OCCUPANT HOME WARRANTY TO BE SUBMITTED WITH OFFERS.

Last Agent to Sell the Property

Kent Colpaert

Bearing Group License #MISPE-6502334886 Listed on: 05/28/2015

Last Buyer's Agent

Ramona Green

Bearing Group License #MISPE-6501368152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1954

Lot Details

  • 11 Acre Lot
  • Lot Dimensions are 40x124

Interior Spaces

  • 1,478 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number W22I070306s

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Year Built: 1954
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 9 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 7 x 11
  • Living Room: On Entry Level, Dimensions: 11 x 17
  • Below Grade Sq Ft: 739
  • Above Grade Finished Sq Ft: 1478
  • Total Finished Sq Ft: 1478

Exterior Features

  • Foundation: Basement

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: W22I070306s
  • Lot Dimensions: 40x124
  • Acreage: 11
  • Geo Subdivision: MI

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Jun 17, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shepherd Jeffery J
Seller's Agent
Kent Colpaert
Bearing Group
Buyer's Agent
Ramona Green
Bearing Group
List Price
$3,900
Sold Price
$3,250
Premium/Discount to List
-$650
-16.67%
Current Estimated Value
$59,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,214
Avg. Annual Appreciation
33.05%

Purchase Details

Closed on
Aug 14, 2014
Sold by
Department Of Natural Resources For The
Bought by
Porter Donald M

Purchase Details

Closed on
Jul 17, 2014
Sold by
Lowe Daniel and Lowe Yvonne
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Jan 22, 2007
Sold by
Lowe Daniel
Bought by
Lowe Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Shepherd Jeffery J $3,250 Etitle
Porter Donald M -- None Available
Federal Home Loan Mortgage Corporation $1,237 None Available
Lowe Daniel -- Complete Title Services Of S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Jeffery J $25,000
Previous Owner Lowe Daniel $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $3,250 -16.7% $2 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $3,900 -- $3 / Sq Ft
Source: Michigan Multiple Listing Service

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 $504 $18,900 $0 $0
2024 $504 $16,200 $0 $0
2023 $487 $16,200 $0 $0
2022 $516 $14,900 $0 $0
2021 $508 $11,400 $0 $0
2020 $573 $11,800 $0 $0
2019 $567 $10,400 $0 $0
2018 $518 $9,000 $0 $0
2017 $67 $8,000 $0 $0
2016 $551 $4,100 $0 $0
2015 $410 $4,100 $0 $0
2013 $509 $5,094 $0 $0
2010 -- $7,299 $775 $6,524
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kent Colpaert

    Bearing Group

  • R

    Buyer's Agent in 2015

    Ramona Green

    Bearing Group

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31244999

Michigan Multiple Listing Service

APN: 22-070306

Michigan Wayne County Detroit 48228 Joy Community

9416 Longacre St, Detroit, MI

This home is located at 9416 Longacre St, Detroit, MI 48228 since 28 May 2015 and is currently estimated at $59,464, approximately $40 per square foot. This property was built in 1954. 9416 Longacre 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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