Detroit · Commercial sale
Blue Monsoon Homes buys 18435 Hoover in Detroit for $745,000
An apartment building at 18435 Hoover, Detroit sold for $745,000 on October 29, 2026. See the seller and buyer net sheets for this sale.
What would your home net? Get a free Wayne County seller net sheet Agents: send a branded net sheet like this to your seller, free
- Sale price
- $745,000
- Sold
- October 29, 2026
- Property type
- Apartment building
- Building area
- 9,141 sq ft
- Price per sq ft
- $82
- Year built
- 1957
The apartment building at 18435 Hoover in Detroit sold for $745,000 on October 29, 2026, according to the City of Detroit Assessor's property sales records. The price was 53% above its recorded market value of $487,800.
Assessor's records show 9,141 square feet of building area, a build year of 1957 and a 12,120-square-foot lot. The sale price works out to $82 per square foot.
The record lists Colossal Development LLC as the seller and Blue Monsoon Homes LLC as the buyer. The last sale on record before this one was $867,000 in 2023.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Wayne County?
By our estimate, the seller's two largest charges, not counting prorations, were $5,587.50 for the state real estate transfer tax and $2,610.50 for the owner's title insurance policy. Who pays what follows Wayne County custom.
How much did the seller net?
By our estimate, the seller netted about $742,560. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $752,352 at closing. That covers the full price and closing costs.
Source: City of Detroit Office of the Assessor, Property Sales, document 4870136. Property details: Wayne County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
