Check Availability

8245 West Parkway Street

8245 West Parkway Street, Redford, MI 48239
Property in Parkland
Sold Oct 04, 2021
$85,000
$59,500 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2051
Local assessors in Redford, MI have categorized 8245 West Parkway Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 5,663 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8245 West Parkway Street has a total of 1,013 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8245 West Parkway Street sold most recently in Sep 29, 2021 for a total of $85,000. If you work out the math, that's approximately a cost of $83.91 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,286 in taxes each year. 8245 West Parkway Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,004
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,013
  • Building Area: 1,013
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,013
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROUGE PARK SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W-WEST PARKWAY S 10 FT 720 721&722 AND E 10 FT OF VAC ALLEY ADJ ROUGE PARK SUB NO 1 L60 P40 PLATS, W C R 22/607 50 X 110

Ownership

  • Current Owner : HANNAH ERIC
  • Previous Owner : LIBERTY HILL HOUSING CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Detroit City School District
  • School Tax School District: DETROIT
  • Census Tract: 546201

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: LB 35042 PG 93
  • District: 01
  • Parcel: 22119695-6
  • Block: 605
  • Municipality: DETROIT CITY
  • Latitude: 42.3524
  • Longitude: -83.2649

    Address

  • Full Address: 8245 W Parkway St
  • Address - House Number: 8245
  • Street Direction: W
  • Address - Street Name: Parkway
  • Address - Suffix Type: St
  • State: MI
  • City Name: Redford
  • Carrier Code: C042
  • 4-Digit Zip Code: 1155
  • Zip Code: 48239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,286
  • Tax Rate Code Area: 82010

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 69,751
  • High Value: 101,594
  • Low Value: 37,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $59,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $59,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $79,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11860082415
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021363060

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $59,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2051

About North West Detroit



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 24356 Ann Arbor Trail, Dearborn Heights, MI, 48127

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
24356 Ann Arbor Trail #5, Dearborn Heights, MI, 48127 Listing by Sam Fayz
Unit for rent at 8850 Burt Road, Detroit, MI, 48228

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 824 ft²
8850 Burt Road, Detroit, MI, 48228 Listing by Andrew Sygit

Frequently Asked Questions

What neighborhood is 8245 West Parkway Street located in?
The 8245 West Parkway Street is a located in the neighborhood of Parkland in North West Detroit, Redford.
What is the average sales price for listings in 8245 West Parkway Street?
The average sales price for units in 8245 West Parkway Street is $0 currently.

Quantcast