Estimated Value: $58,000 - $100,000
Value add opportunity for buy and hold or flip investors! Minutes away from Grandmont Rosedae, this occupied rental is rented at 850/mo on a m2m lease. Tenant received CERA and has been making payments since. Market rates at 1100/mo+ and ARV of 110K+. Mechanicals in good condition. Electrical panel could be updated, along with kitchen and cosmetics. Garage needs to be removed. Showings allowed with accepted offer.
Access: Property is tenant occupied, showings only with an accepted offer.
Last Buyer's Agent
Samantha Broughman
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Location
Utilities
Community Details
Listing and Financial Details
$73,900
SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 90,000 PURCHASE PRICE, 25,000 DOWN PAYMENT, 8% INTEREST, 120 MONTH TERM. 789 / MONTH. Seller financing/land contract terms are negotiable.With potential as promising as a sunrise on a new day. This spacious home offers a unique opportunity for intuitive investors or a crafty homeowner looking to bring their vision to life. Conveniently located
Derek Lievens Market Elite Inc
$83,000
Welcome Home! Super Clean & Updated 3 Bedroom 1 Bath Brick Colonial in Detroit ...Highly Desirable Area...Nice Kitchen with Granite Countertops...Beautiful Bathroom...Recessed Lighting...Updated Plumbing & Electrical...Spacious Layout...Detached Garage...Deep Driveway...Large Yard...This Will Not Last Long...Schedule Your Showing Today! NO SHOWINGS WITHOUT AN OFFER.
Hassan Scheib Own It Realty
$79,500
SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 80,000.00 purchase price, 20,000.00 down payment, 8% interest, 96 Months Term. 848.00/month. Seller financing / Land contract terms are negotiable. Great brick bungalow with character looking for a savvy investor or handy home owner to bring this home to its full potential. Purchaser to pay 395 processing fee at closing. As-is sale. Can be sold
Derek Lievens Market Elite Inc
$89,800
Great bungalow with true character looking for a savvy investor or handy home owner to bring this home to its full potential. Attic HUGE and unfinished. Could be finished into an additional 2 bedrooms and full bath. SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 100,000.00 purchase price, 30,000.00 down payment, 8% interest, 120 Months Term. 849.00/month. Seller financing / Land contract
Derek Lievens Market Elite Inc
$64,900
Brick Ranch in good condition. Wide living room with Fireplace. 2 Bedroom home with a room already set up in the basement. Great home in a great area near freeways, restaurants, and 5 minutes just away from in any area for lot of the great places on the west side.
Roland Walker KW Grosse Pointe
$89,900
Charming 3-bedroom, 1.1-bath bungalow in Detroit! Featuring a large, finished basement and a spacious layout full of character. Don't miss this fantastic opportunity—schedule your showing today!
Hassan Scheib Own It Realty
$70,000
INVESTOR SPECIAL! 3 bedroom, 1 bathroom, 1 car garage bungalow!!
Albert Hakim RE/MAX First
$98,000
This two-bedroom home is a fantastic opportunity for investors looking to add a rental property or first-time homebuyers seeking an affordable home. The property is tenant-occupied on a month-to-month lease, offering flexibility for new owners.Showings require at least 4 hours' notice and can be scheduled through ShowingTime. Don't miss out on this great opportunity—schedule your showing
Henry Laurent RE/MAX Leading Edge
$75,000
THIS COZY THREE BEDROOM BUNGALOW WITH ONE BATHROOM LIVING ROOM AND KITCHEN WITH BREAKFAST NOOK ROOM FULL UNFINISHED BASEMENT ALONG WITH A ONE AND A HALF CAR GARAGE WITH LARGE FENCED IN BACKYARD LOCATED TWO BLOCKS FROM SOUTHFIELD FWY IN A QUIET NEIGHBORHOOD THIS IS AN NICE STARTER AND INVESTMENT SPECIAL. CLOSE TO SCHOOLS AND SHOPPING AREA. TENANT OCCUPIED
Vern Smith Real Estate Management Specialists Inc
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joyce Minnie L | $66,000 | None Listed On Document | |
| Joyce Minnie L | $66,000 | None Listed On Document | |
| Finkro Investment Group Llc | -- | None Listed On Document | |
| Tranqui 2 Llc | $45,000 | None Available | |
| Tranqi 2 Llc | $45,000 | None Available | |
| Bassoulos Thofanis | $33,000 | Visionary Title Agency | |
| Ilderton Thomas R | $36,500 | None Available | |
| Reo Trust | $36,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joyce Minnie L | $62,700 | |
| Closed | Joyce Minnie L | $62,700 | |
| Previous Owner | Hester Lavern | $79,299 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2022 07/19/22 | Sold | $66,000 | -2.9% | $68 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 04/15/2022 04/15/22 | For Sale | $68,000 | +106.1% | $70 / Sq Ft |
| 05/29/2020 05/29/20 | Sold | $33,000 | -8.1% | $34 / Sq Ft |
| 05/15/2020 05/15/20 | Pending | -- | -- | -- |
| 05/13/2020 05/13/20 | For Sale | $35,900 | 0.0% | $37 / Sq Ft |
| 03/27/2020 03/27/20 | Pending | -- | -- | -- |
| 03/19/2020 03/19/20 | Price Changed | $35,900 | -6.8% | $37 / Sq Ft |
| 03/02/2020 03/02/20 | Price Changed | $38,500 | -3.5% | $40 / Sq Ft |
| 02/17/2020 02/17/20 | For Sale | $39,900 | +9.3% | $41 / Sq Ft |
| 04/29/2019 04/29/19 | Sold | $36,500 | +12.3% | $38 / Sq Ft |
| 04/12/2019 04/12/19 | Pending | -- | -- | -- |
| 04/02/2019 04/02/19 | For Sale | $32,500 | -- | $34 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2024 | $1,892 | $33,400 | $0 | $0 |
| 2023 | $1,836 | $26,700 | $0 | $0 |
| 2022 | $1,947 | $23,900 | $0 | $0 |
| 2021 | $1,890 | $18,900 | $0 | $0 |
| 2020 | $1,555 | $18,700 | $0 | $0 |
| 2019 | $1,151 | $14,800 | $0 | $0 |
| 2018 | $985 | $12,700 | $0 | $0 |
| 2017 | $235 | $12,400 | $0 | $0 |
| 2016 | $1,366 | $17,700 | $0 | $0 |
| 2015 | $1,770 | $17,700 | $0 | $0 |
| 2013 | $2,481 | $24,814 | $0 | $0 |
| 2010 | -- | $36,381 | $1,343 | $35,038 |
Seller's Agent in 2022
Tim Moore
Zest Realty LLC
(248) 270-8238
2 in this area
106 Total Sales
S
Buyer's Agent in 2022
Samantha Broughman
Seller's Agent in 2020
Robert Funk
RE/MAX of Southeast Michigan
(586) 215-8177
2 in this area
210 Total Sales
Buyer's Agent in 2020
Dane Michael Zawol
Vylla Home
(517) 819-4223
13 Total Sales
Seller's Agent in 2019
Raymond Megie
Realty Executives
(586) 634-1822
1 in this area
377 Total Sales
Source: Realcomp
MLS Number: 2220026770
APN: 22-054430-001
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393