http://www.freep.com/story/money/rea...tate/97063886/
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Spectacular place. I was looking at a couple of places near by back in 2013. Both were selling between $150k-$175k with similar square footage but of course, not as nice.
Lived a block away, late 1960s. Her lawn was manicured and she went out on a limb, restoring that beautiful house. I knew her as Beaulah Groehn. She was the pioneer. If you had told anyone back then that the asking price would be 750 thousand dollars they would have thought you had imbibed in too much Thunderbird wine from "Sharkey's" store, on Third.
I was lucky to live in the house next door to the featured one in my WSU days mid-70s, before the cobblestone. Our house was 3 apartments all of Hilberry grads at the time. She provided the force and stability that helped save the entire street.
Just a beautiful historic old home. Every time I walk that block I am awed by the houses and yet at the same time I am saddened about the many we have lost over the years that were also historic treasures. Then the houses that are still standing but are being neglected to demolition being inevitable.
Zillow has 627 Canfield down with a SEV of $47,500 with a tax of $3,300 a year.
Assuming the owner gets their price of 750k the new SEV will tax at $26,182 a year
That's a 104k tax bill while the kid is in 4 short years of high school. Then I know why so many of them are rotting into the ground. Some people can swing a 750k house but a lot less of them will pay the $26,182 every year making that person a very rare buyer.
https://treas-secure.state.mi.us/pte...TEstimator.asp
http://www.zillow.com/homedetails/62...88281536_zpid/
According to REDFIN it's now under contract!
https://www.redfin.com/MI/Detroit/62.../home/98441720
Sounds wonderful
Even better than the Freep article is the recently launched website for the W. Canfield Historic District.
http://www.westcanfield.org/index.html