NOT LISTED FOR SALE

961 Algonquin St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $32,000 - $77,000

3 Beds
1 Bath
1,500 Sq Ft
$42/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $21,000 $14 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $412/month

13 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • Covered Patio or Porch
  • Heating System Uses Steam

About This Home

As of October 2021

1922 ART AND CRAFTS HOME. HOME IS IN NEED OF REHAB. LOCATED MINUTES FROM DOWNTOWN DETROIT AND BELL ISLE. HARDWOOD FLOORS THROUGHOUT THE HOME. NATURAL FIREPLACE. CLOSE TO SCHOOLS, SHOPPING, AND MAJOR FREEWAYS.

Last Agent to Sell the Property

MICHAEL SALMACI

ARG Realty License #6502368290 Listed on: 09/22/2021

Last Buyer's Agent

MICHAEL SALMACI

ARG Realty License #6502368290 Listed on: 09/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x102.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • A. M. Campau Realty Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I047158S

Home Details

Home Type

Single Family

Est. Annual Taxes

$451

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1921
  • State Equalized Value: 7500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 703

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water, Steam
  • 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

  • Homestead: Yes
  • List Price per Acre: 311111.1100
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X102.00
  • Parcel Number: W21I047158S

Tax Info

  • Tax Amount Summer: 423.0000
  • Tax Amount Winter: 28.0000
  • Total Tax: 451.0000
  • Taxable Value: 3009.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 15, 2021
Sold by
Pelc Timothy R and Pelc Tim
Bought by
Oro Properties Llc
Seller's Agent
MICHAEL SALMACI
ARG Realty
Buyer's Agent
MICHAEL SALMACI
ARG Realty
List Price
$47,500
Sold Price
$21,000
Premium/Discount to List
-$26,500
-55.79%
Current Estimated Value
$67,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,306
Avg. Annual Appreciation
41.84%

Purchase Details

Closed on
Sep 27, 2019
Sold by
Crane Joie
Bought by
Pelc Timothy R
Source: Public Records

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
Oro Properties Llc $21,000 Venture Title Agency Llc
Pelc Timothy R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $21,000 -25.0% $14 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/29/2021 09/29/21 Price Changed $28,000 -15.2% $19 / Sq Ft
09/22/2021 09/22/21 Price Changed $33,000 -30.5% $22 / Sq Ft
09/22/2021 09/22/21 For Sale $47,500 -- $32 / 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 $512 $13,800 $0 $0
2024 $512 $12,200 $0 $0
2023 $438 $9,025 $0 $0
2022 $661 $9,300 $0 $0
2021 $454 $6,715 $0 $0
2020 $452 $7,500 $0 $0
2019 $448 $5,310 $0 $0
2018 $410 $5,200 $0 $0
2017 $54 $5,200 $0 $0
2016 $438 $2,900 $0 $0
2015 $290 $2,900 $0 $0
2013 $319 $3,194 $0 $0
2010 -- $4,682 $544 $4,138
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL SALMACI

    Seller's Agent in 2021

    MICHAEL SALMACI

    ARG Realty

    (313) 333-0111

    2 in this area

    103 Total Sales

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Map

Source: Realcomp

MLS Number: 2210080018

Realcomp

APN: 21-047158

Michigan Wayne County Detroit 48215 Jefferson Chalmers

961 Algonquin St, Detroit, MI

This home is located at 961 Algonquin St, Detroit, MI 48215 since 22 September 2021 and is currently estimated at $62,531, approximately $41 per square foot. This property was built in 1921. 961 Algonquin St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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.

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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