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Sold for $78,000
  • $78,000

    7842 Faust Ave, Detroit, MI 48228

    3beds
    1,017sqft
    Single Family Residence
    Built in 1948
    5,662.8 Square Feet Lot
    $88,500 Zestimate®
    $77/sqft
    $1,258 Estimated rent

    Home value

    $88,500

    $76,000 - $101,000

    $1,258/mo

    Zestimate® history
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    $1,258/mo

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    $1,258/mo

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    $449/mo

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    $449/mo

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    What's special

    FULL SECTION 8 VOUCHER**GORGEOUS & UPDATED**AMAZING WARRENDALE NEIGHBORHOOD **3 BED BRICK corner Bungalow on a quiet block would make a great addition to your rental portfolio. Located near Dearborn on Detroit's Westside, this performing property is rented for $838 per month to a great Tenant, section 8 pays the full amount, just sit back and collect the rent. Home was fully updated in 2023 and has gorgeous hardwood flooring throughout and features a large living room, updated full bath and terrific floor plan. Massive eat-in Kitchen has new cabinets, flooring, subway backsplash granite counter tops and breakfast nook. All 3 bedrooms are spacious, including the private upper bungalow suite. Exterior features included a large fenced yard, vinyl windows, 3D roof and detached 2 car garage. Full Basement is clean and has a newer furnace and water tank. Location near Dearborn suburbs offers numerous dining and entertainment options. Grab this one fast. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance! This one is Truly and investors dream!

    Zillow last checked:

    Listing updated:

    Listed by:

    Hassan Hammoud 313-644-0034,

    U.S. Investor Group,

    Sam Berri 248-255-9114,

    U.S. Investor Group

    Bought with:

    Benjamin Ness, 6501394137

    Clyde Realty LLC

    Source: Realcomp II,MLS#: 20240027769MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,017 sqft
    • Finished area above ground: 1,017

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Detached
    • Garage spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 5,662 sqft
    • Dimensions: 40.00 x 140.00
    Details
    • Parcel number: W22I078452S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1948
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: RICHLAND PARK (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/18/2024Sold$78,000-8.1%$77/sqft
    Source: Realcomp II #20240027769 Report a problem
    6/7/2024Pending sale$84,900$83/sqft
    Source: Realcomp II #20240027769 Report a problem
    5/5/2024Listed for sale$84,900+44.1%$83/sqft
    Source: Realcomp II #20240027769 Report a problem
    10/25/2020Listing removed$850$1/sqft
    Source: Go Section8 Report a problem
    10/17/2020Listed for rent$850$1/sqft
    Source: Go Section8 Report a problem
    9/14/2020Sold$58,900+292.7%$58/sqft
    Source: Public Record Report a problem
    6/16/2020Sold$15,000-63.3%$15/sqft
    Source: Public Record Report a problem
    2/4/2013Sold$40,830+483.3%$40/sqft
    Source: Public Record Report a problem
    7/20/2012Sold$7,000$7/sqft
    Source: Public Record Report a problem
    5/18/2012Listed for sale$7,000-88.8%$7/sqft
    Source: foreclosure.com Report a problem
    7/9/2010Sold$62,243$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $26,800 +28.2%
    2024-- $20,900 +13%
    2023-- $18,500 +32.1%
    2022-- $14,000 +6.9%
    2021-- $13,100
    2020$473 -43.5%$13,100 +12.9%
    2019$837 $11,600 +2.7%
    2018$837 $11,300 -1.7%
    2017-- $11,500 +64.3%
    2016$1,827 $7,000
    2015$1,827 -13.4%$7,000 -66.8%
    2013$2,109 +15.4%$21,092 -31.8%
    2010$1,827 $30,924 -18%
    2009-- $37,712 -14%
    2008-- $43,851
    2007-- $43,851 +5.5%
    2005$422 $41,565 +3%
    2004-- $40,354 +28%
    2001$2,052 +12.2%$31,527 +3.2%
    2000$1,828 $30,550

    Find assessor info on the county website

    Neighborhood: Warrendale

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $88,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $88,500