See Home Value
$40,000 - $50,000
House - Off Market

8068 FAUST Avenue

Detroit, MI 48228
bedrooms
3 Beds
bathrooms
1 Bath
square feet
854 Sqft
Sold Nov 05, 2013
$4,000
Sold Jul 23, 2013
$76,348

About This Property

Excellent investment potential! This property offers three bedrooms, an enclosed porch, a deck, and upgraded plumbing, electrical, and roof in 2019. Currently, the tenant pays $750/month on a month-to-month lease. Please refrain from disturbing the tenant. Bring your vision and seize the opportunity for substantial passive income!

The manager has listed the unit size as 854 square feet.
Unit Size
854Ft²
Days on Market
-
Land Size
-
Price per sqft
$55
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Jan 14, 2024 No longer available -
No longer available
Jan 12, 2024 Relisted $47,000
Relisted
Jan 2, 2024 No longer available -
No longer available
Sep 28, 2023 Price Decreased $47,000
↓ $13K (21.7%)
Price Decreased
Sep 9, 2023 Listed $60,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 564
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 854
  • Building Area: 854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 854
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHLAND PARK SUB
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E FAUST 224 RICHLAND PARK SUB L41 P63 PLATS, W C R 22/260 40 X 131.56A

Ownership

  • Current Owner : HABIB RUKHSANA
  • Previous Owner : SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Owner Before Previous Owner: NEWTON CHERYL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Detroit City School District
  • School Tax School District: DETROIT
  • Census Tract: 546000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: LB 29819
  • District: 01
  • Parcel: 22078461.
  • Block: 208
  • Municipality: DETROIT CITY
  • Latitude: 42.3516
  • Longitude: -83.2207

    Address

  • Full Address: 8068 Faust Ave
  • Address - House Number: 8068
  • Address - Street Name: Faust
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Detroit
  • Carrier Code: C052
  • 4-Digit Zip Code: 3102
  • Zip Code: 48228

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $821
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 82010

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 43,830
  • High Value: 49,669
  • Low Value: 37,990

    Market Valuation

  • Market Total Value: $44,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,400

    Sales

  • Current Sale Contract Date: Oct 17, 2013
  • Current Sale Recording Date: Nov 05, 2013
  • Current Sale Transaction ID: 1091053269
  • Current Sale Price: $4,000
  • Current Sale Document Type: Other
  • Current Sale Input Document Number: 2013455465
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: Jul 11, 2013
  • Previous Sale Amount: $76,348
  • Previous Sale Document Type: Sheriff's Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,011 ft²
$40/ft²
$40,000 Dec 19, 2023
-
$87/mo
House
3 Beds
1 Bath
1,214 ft²
$41/ft²
$49,999 Dec 28, 2022
-
$110/mo
House
2 Beds
1 Bath
758 ft²
$73/ft²
$55,000 May 14, 2023
-
$66/mo
House
3 Beds
2 Baths
2,600 ft²
$15/ft²
$39,800 Jan 5, 2024
-
$117/mo

About North West Detroit


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Frequently Asked Questions

When was property at 8068 Faust Avenue built and last sold?
The property at 8068 Faust Avenue was built in 1925 and last sold on Oct 17, 2013 for $4,000.
How much is this home worth?
The estimated value of the home located at 8068 Faust Avenue is $48,763.
What are some comparable homes to 8068 Faust Avenue?
There are currently no comparable homes to 8068 Faust Avenue.

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