2 months on rocket

11870 Wayburn St, Detroit, MI, 48224

$59,900

Home List Price

$711*

Closing Credit

3 Bedrooms
2 Full Baths
1,090 SqFt
$55/SqFt
House

Location

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11870 Wayburn St, Detroit$59,900

Buyer Closing Credits

$711*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached
Garage1 space
Year Built1940
HeatingForced Air, Natural Gas
BasementYes
MLS #20240075777
Lot Size0.12 Acres
StatusActive

About 11870 Wayburn St

This brick 3-bedroom, 2-bathroom bungalow is a great investment opportunity, currently tenant-occupied with a rental income of $850 per month. This property offers a solid return with consistent tenancy. Please note that no showings will be scheduled without an accepted offer, ensuring privacy for the current occupants. A fantastic addition to any investment portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1940
  • Living Area: 1,090 SqFt

Listing Office:

  • Office Name: Golden Key Realty Group LLC
  • Office Phone: (248) 422-6962
  • Listing Agent: JDonovan Smith

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: OneCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: S of Moross / E of Kelly

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,900
  • Price Per SqFt: $55/SqFt

Tax Information:

  • Annual Amount: $517
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

11870 Wayburn St vs Detroit

75 DAYS ON ROCKET

+26 Days

$59,900

-$25.1K Less

$55/SqFt

-$13 Less

KEY TAKEAWAY

This property is $25.1K less than the Median Sold Price and $13/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240075777

Listing Office:

  • Office Name: Golden Key Realty Group LLC
  • Office Phone: (248) 422-6962
  • Listing Agent: JDonovan Smith

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: 12/22/2024, 12:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$517$8,700
2020$750$8,100
2018$750$5,900
2017$766$6,000

History based on county public records data.

Payment Calculator

$366

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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.

Nearby Schools

school-card-donut-970834
1
/10
  • Carleton Elementary School

  • 11724 Casino St

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-970835
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-970836
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.91 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,078. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11870 Wayburn St

What is the listing price of this property?

The listing price of 11870 Wayburn St property is $59,900.

What type of property is this?

The property 11870 Wayburn St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 11870 Wayburn St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $517 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11870 Wayburn St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 11870 Wayburn St is 1,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11870 Wayburn St is 1940.

Rocket Homes›Michigan›Wayne County›Detroit›48224›11870 Wayburn St

This home is located at 11870 Wayburn St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,090 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $59,900.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.

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

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