Reginald Perryman
KW Metro
(313) 788-1639
287 Total Sales
1 in Mount Olivet
$25,000 Price
18988 Algonac St Detroit, MI 48234
Mount Olivet Neighborhood
3
Beds
1
Bath
1,040
Sq Ft
3,920
Sq Ft Lot
About This Home
As of August 2026WELCOME TO 18988 ALGONAC — A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT’S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR’S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.
Last Agent to Sell the Property
Realtyflo Inc License #6501424283 Listed on: 05/05/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1952 | Remodeled in 2026
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 35x115
Parking
- Garage
Home Design
- 1,040 Sq Ft Home
- Brick Exterior Construction
- Poured Concrete
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Sewer in Street
Additional Features
- Basement
Community Details
- Konczal Park Subdivision
Listing and Financial Details
- Assessor Parcel Number W17I015650S
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Purchase Details
Closed on
Mar 8, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 2, 2012
Sold by
Rhodes Albert and Robinson Kenneth
Bought by
Bank Of America N A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mount Olivet, MI
-
Reginald Perryman
-
Saif Lateef
Saif Lateef
Keller Williams Lakeside
(586) 400-2875
151 Total Sales
1 in Mount Olivet
$69,000 Price
-
Garrett Blair
Garrett Blair
Douglas Rose Realty
(517) 258-3037
274 Total Sales
1 in Mount Olivet
$40,000 Price
-
Robert LaBute
Robert LaBute
Real Estate Management Specialists Inc
(313) 513-1188
143 Total Sales
1 in Mount Olivet
$37,500 Price
-
Adrienne Ponce
Adrienne Ponce
Responds QuicklyEXP Realty Main
(586) 315-6576
162 Total Sales
5 in Mount Olivet
$64K - $130K Price Range
-
Moe Kassem
Moe Kassem
Responds QuicklyEXP Realty Main
(947) 210-4547
248 Total Sales
1 in Mount Olivet
$26,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $8,200 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $57,153 | None Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | Sold | $85,000 | -10.5% | $82 / Sq Ft |
| 08/04/2026 08/04/26 | Pending | -- | -- | -- |
| 05/05/2026 05/05/26 | For Sale | $95,000 | -- | $91 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $936 | $28,900 | $0 | $0 |
| 2024 | $941 | $25,200 | $0 | $0 |
| 2023 | $912 | $20,300 | $0 | $0 |
| 2022 | $992 | $17,200 | $0 | $0 |
| 2021 | $969 | $13,700 | $0 | $0 |
| 2020 | $959 | $12,000 | $0 | $0 |
| 2019 | $946 | $10,500 | $0 | $0 |
| 2018 | $816 | $10,200 | $0 | $0 |
| 2017 | $182 | $9,600 | $0 | $0 |
| 2016 | $1,068 | $13,800 | $0 | $0 |
| 2015 | $1,380 | $13,800 | $0 | $0 |
| 2013 | $1,853 | $19,118 | $0 | $0 |
| 2010 | -- | $28,030 | $725 | $27,305 |
Source: Public Records
Agents Affiliated with this Home
-
Marta Kopania
Seller's Agent in 2026
Marta Kopania
Realtyflo Inc
(734) 301-6553
1 in this area
175 Total Sales
-
William Reid
Buyer's Agent in 2026
William Reid
RE/MAX of Southeast Michigan
(248) 635-1489
1 in this area
55 Total Sales
-
Randall Eissa
RE
Seller's Agent in 2012
Randall Eissa
Villa Residential Realty Co.
(313) 804-1399
27 Total Sales
Map
Source: Realcomp
MLS Number: 20261031720
APN: 17-015650
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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