Address not disclosed, Detroit MI, 48204

Features & Amenities

This property is Real Estate Owned, or REO. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers can be submitted for consideration. Offers can be submitted through the official Listing Agent but in some cases, no agent is listed and offers can be submitted the bank owner directly.
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Local Schools

School Name Score Class Size Distance
Mackenzie Elementary Middle School D 19 0.61 mi.
Detroit Collegiate Prepatory High School At Northwestern 2.42 mi.

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Home Details

Bedroom(s)
--
Bathroom(s)
1
Square Footage
799
Price Per SqFt
$86
Lot Size
0.11 acres
Stories
--
Property Type
Single Family
Year Built
1942
Monthly Est. Mortgage
$356
Monthly Est. Insurance
$24
Monthly Property Tax
$69
Tax Year
10/25/2016
Tax Amount
07/12/2015
Last Updated
$0
Last Sold Date
--
Last Sold Price
--
Public County Property Record information is provided by © SmartZip Analytics, Inc. and ©2011 Fast Forward, Inc. Information is deemed reliable, but not guaranteed.
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Estimated Values

This month, this home has an estimated value of $72,200.

This HomeCityZip06/1507/1508/1509/1510/1511/1511/1502/1603/1604/1605/1606/1607/1608/1609/1610/16$35,000$45,000$55,000$65,000$75,000
MonthThis HomeCityZip
06/15$68,000$74,900
07/15$43,800$46,700
08/15$42,300$41,200
09/15$42,900$42,900
10/15$42,700$42,400
11/15$72,200$43,400$43,700
11/15$72,200$48,800$46,850
02/16$72,200$49,900$48,700
03/16$72,200$53,100$50,000
04/16$72,200$54,800$54,600
05/16$72,200$55,200$56,000
06/16$72,200$55,000$55,400
07/16$72,200$55,600$56,000
08/16$72,200$56,400$56,000
09/16$72,200$56,800$56,000
10/16$72,200$54,500$55,000

Mortgage Calculator

With a current price of $68,800 and a mortgage rate of 4.0%, someone purchasing this property could expect to have a monthly payment of $356. This assumes a 20% down payment of $13,760, a high credit score and a 30 year fixed-rate mortgage. You can use the mortgage calculator to estimate the monthly payment with different values.

Loan Amount: $55,040
$68,800$0
Down Payment: 20%
30%0%
Duration: 30 Years
40 years5 years
Rate: 4%
7%3%
Homeowner Insurance: $24
$1000$0
Property Tax: 1.2%
6%1%
Principal & Interest$263Insurance$24Taxes$69PMI$0Estimated Payment$356

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