Address not disclosed, Detroit MI, 48228

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
Carver Stem Academy D 14 0.24 mi.
Cody Academy Of Public Leadership 15 1.49 mi.

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Home Details

Bedroom(s)
--
Bathroom(s)
1
Square Footage
864
Price Per SqFt
$79
Lot Size
0.11 acres
Stories
--
Property Type
Single Family
Year Built
1946
Monthly Est. Mortgage
$352
Monthly Est. Insurance
$24
Monthly Property Tax
$68
Tax Year
12/03/2016
Tax Amount
01/07/2016
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 $71,300.

This HomeCityZipNeighborhood06/1507/1507/1508/1509/1510/1511/1502/1603/1604/1605/1606/1607/1608/1609/1609/1610/16$35,000$45,000$55,000$65,000$75,000
MonthThis HomeCityZipNeighborhood
06/15$70,800$68,000$56,300$48,800
07/15$71,300$43,800$38,700$50,700
07/15$71,300$42,300$39,800$50,400
08/15$71,300$42,900$41,100$49,300
09/15$71,300$42,700$38,000$49,100
10/15$71,300$43,400$38,000$49,500
11/15$71,300$48,800$39,800$64,400
02/16$71,300$49,900$41,100$64,300
03/16$71,300$53,100$44,300$64,400
04/16$71,300$54,800$47,500$64,400
05/16$71,300$55,200$49,300$61,100
06/16$71,300$55,000$48,700$61,700
07/16$71,300$55,600$49,700$65,100
08/16$71,300$56,400$51,500$59,000
09/16$71,300$56,800$51,100$59,000
09/16$71,300$54,500$49,900$59,200
10/16$71,300$53,500$49,800$59,100

Mortgage Calculator

With a current price of $68,000 and a mortgage rate of 4.0%, someone purchasing this property could expect to have a monthly payment of $352. This assumes a 20% down payment of $13,600, 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: $54,400
$68,000$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$260Insurance$24Taxes$68PMI$0Estimated Payment$352

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