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11417 Sherman Ave, Warren, MI, 48089

$105,000

Home List Price

$1,247*

Closing Credit

2 Bedrooms
1 Full Bath
714 SqFt
$147/SqFt
House

Location

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11417 Sherman Ave, Warren$105,000

Buyer Closing Credits

$1,247*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1935
HeatingNatural Gas, Forced Air
MLS #20240059757
Lot Size0.09 Acres
StatusActive

About 11417 Sherman Ave

Calling all investors! Here is an opportunity to pick up a fully turnkey opportunity. The property currently has a long-term Section 8 tenant in place that is fully performing and is being professionally managed by a property manager. Current rents are 1050 with an active lease in place. Please do not disturb tenants—showing only after an accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1935
  • Stories: 1
  • Living Area: 714 SqFt

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: Joseph Hammel

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Lincoln High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South of 9 Mile and West of Hoover

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,000
  • Price Per SqFt: $147/SqFt

Tax Information:

  • Annual Amount: $740
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Warren, MI.

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Warren, MI

City

Med. Sold Price

$187.5K

Med. Price/SqFt

$156

Avg. Days On Market

16

# of Sold Homes

132

11417 Sherman Ave vs Warren

30 DAYS ON ROCKET

+14 Days

$105,000

-$82.5K Less

$147/SqFt

-$9 Less

KEY TAKEAWAY

This property is $82.5K less than the Median Sold Price and $9/SqFt less than other homes in Warren, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240059757

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: Joseph Hammel

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/18/2024, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 27, 2016Home Sold
$10,800
Nov 07, 2007Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2021$740$17,320
2020$722$16,280
2019$699$14,450
2017$699$9,530

History based on county public records data.

Payment Calculator

$592

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$381

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3227015
5
/10

  • Lincoln Elementary School

  • 22100 Federal Ave

  • 0.70 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3227016
2
/10

  • Lincoln Middle School

  • 22500 Federal Ave

  • 0.77 miles

  • Public District Grades 6-8

High School

school-card-donut-3227017
2
/10

  • Lincoln High School

  • 22900 Federal Ave

  • 0.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,083. Residents of Warren, MI typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Warren, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Warren, MI?

Warren's housing market is diverse, with a mix of single-family homes, apartments, and townhouses. The architectural styles vary, with a prevalence of ranch-style and bungalow homes that reflect the city's growth during the mid-20th century. The housing landscape is primarily composed of single-family homes, which make up a significant portion of the market. The homeownership rate in Warren is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

Is Warren, MI a good place to live?

Warren prides itself on being a community with a strong industrial heritage, which is reflected in its character. The city is celebrated for its annual events, such as the Warren Birthday Bash, which brings together residents in a festive atmosphere. The community's ambiance is one of pride and resilience, with a focus on family-friendly activities and a commitment to maintaining a vibrant local culture.

Are things conveniently located in Warren, MI?

The community is served by a solid educational system, including a number of public and private schools that cater to various educational needs. Warren is home to several healthcare facilities, offering a range of services from primary care to specialized treatments. The city's public library system is active, providing resources and programs for residents of all ages. Retail and dining options in Warren reflect the local culture, with a combination of national chains and independent businesses.

What does the transportation in Warren, MI look like?

Warren's transport infrastructure includes a network of major roads and highways, facilitating travel and commuting within the metro Detroit area. Public transit options are available, with bus services connecting Warren to surrounding communities. The city is moderately walkable, with certain areas being more pedestrian-friendly than others. Bikeability varies across the city, with ongoing efforts to improve cycling infrastructure. Ride-sharing services are available, providing an alternative mode of transportation for residents and visitors.

Frequently Asked Questions About 11417 Sherman Ave

What is the listing price of this property?

The listing price of 11417 Sherman Ave property is $105,000.

What type of property is this?

The property 11417 Sherman Ave is a house located in Warren, Michigan, 48089.

Is this property for sale now?

Active Listing: 11417 Sherman Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11417 Sherman Ave are:
Lincoln Elementary School: GreatSchools Rating 5/10
Lincoln Middle School: GreatSchools Rating 2/10
Lincoln High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $740 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 27, 2016 for $10,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11417 Sherman Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11417 Sherman Ave is 714 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11417 Sherman Ave is 1935.

Rocket Homes›Michigan›Macomb County›Warren›48089›11417 Sherman Ave

This home is located at 11417 Sherman Ave in Warren, MI and zip code 48089. This 714 square foot home, which was built in 1935, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $105,000.

In August 2024 more than 60 listings in Warren, MI were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 54 were sold below. The inventory of homes for sale in Warren, MI between July 2024 and August 2024 increased by 9.4%. Listings spent 16 days on the market in August 2024, and had a median list price of $187,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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