$104,900

12730 Marlowe St Detroit, MI 48227

Schoolcraft Southfield Neighborhood

Estimated payment $707/month

Total Views 11,128
3 Beds
1 Bath
1,144 Sq Ft
$92 Price per Sq Ft

Highlights

  • Living Room
  • Bungalow
  • Dining Area
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

CALLING ALL INVESTORS!!! IMMEDIATE CASH FLOW OPPORTUNITY AVAILABLE! SECTION 8 TENANT This three bedroom, one bathroom home was recently updated. Roof & gutters were replaced in 2024, kitchen was fully renovated in 2024, new paint, new carpet, and more! Home has passed a section 8 inspection. Rent is $1,010 a month with $476 being paid by the agency. Tenant is current and has kept up to date on payments. Lease runs through March of 2026. DO NOT DISTURB TENANT

Listing Agent

Megan Taylor

Grant and Main, LLC License #6501386520 Listed on: 07/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,855

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 91.7
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1144.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 1855.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Roofing:Shingle: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1144.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Remarks Misc: Public Remarks: CALLING ALL INVESTORS!!! IMMEDIATE CASH FLOW OPPORTUNITY AVAILABLE! SECTION 8 TENANT This three bedroom, one bathroom home was recently updated. Roof & gutters were replaced in 2024, kitchen was fully renovated in 2024, new paint, new carpet, and more! Home has passed a section 8 inspection. Rent is $1,010 a month with $476 being paid by the agency. Tenant is current and has kept up to date on payments. Lease runs through March of 2026. DO NOT DISTURB TENANT
  • Remarks Misc: Agent Only Remarks: Please email all offers to mtaylor@grantmain.com. BATVAI
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1144.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1053.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 104900.0
  • Roof: Shingle
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.0

Tax Info

  • Tax Annual Amount: 1855.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $834 $14,800 $0 $0
2024 $834 $12,100 $0 $0
2023 $120 $0 $0 $0
2022 $733 $7,800 $0 $0
2021 $251 $0 $0 $0
2020 $666 $6,000 $0 $0
2019 $120 $5,580 $0 $0
2018 $120 $0 $0 $0
2017 $678 $7,300 $0 $0
2016 $821 $11,500 $0 $0
2015 $1,004 $11,500 $0 $0
2013 $972 $14,417 $0 $0
2010 -- $20,657 $812 $19,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2025 07/14/25 For Sale $104,900 +199.7% $92 / Sq Ft
05/01/2024 05/01/24 Sold $35,000 -22.2% $31 / Sq Ft View Prior Sale
03/15/2024 03/15/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $45,000 -- $39 / Sq Ft
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $35,000 None Listed On Document
Warranty Deed $35,000 None Listed On Document
Warranty Deed $11,000 None Listed On Document
Warranty Deed $11,000 None Listed On Document
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $59,837 Construction
Source: Public Records

Source: MichRIC

MLS Number: 25034525

MichRIC

APN: 22-040605

Michigan Wayne County Detroit 48227 Schoolcraft Southfield

12730 Marlowe St, Detroit, MI

For Sale

Detached

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes
Listing Agent
Megan Taylor
Section Image
Grant and Main, LLC
(313) 246-9280