3 months on rocket

11921 Riad St, Detroit, MI, 48224

$49,900

Home List Price

$593*

Closing Credit

2 Bedrooms
1 Full Bath
690 SqFt
$72/SqFt
House

Location

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11921 Riad St, Detroit$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1940
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240058703
Lot Size0.10 Acres
StatusActive

About 11921 Riad St

Featuring a traditional layout with spacious rooms and classic architecture, this home provides a solid foundation for renovation. The interior is ripe for modernization, offering a blank canvas for creative improvements and upgrades. Whether you’re looking to undertake a full renovation or make selective enhancements, this property offers the versatility and potential for substantial returns. Located in a neighborhood that is experiencing growth and revitalization, 11921 Riad benefits from proximity to local amenities, schools, and transportation. This strategic location adds to its appeal for future tenants or buyers. Don’t miss this chance to invest in a property with considerable potential. Contact us today to explore the possibilities and envision the transformation of 11921 Riad. Purchaser to pay 395 processing fee. As-is sale. Seller financing / Land contract terms available at 60,000.00 purchase price, 18,000.00 down payment, 8% interest, 60 Months Term. 696.00/month. Seller financing / Land contract terms are negotiable.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Stories: 1
  • Living Area: 690 SqFt

Listing Office:

  • Office Name: Market Elite Inc
  • Office Phone: (586) 226-3200
  • Listing Agent: Derek C Lievens

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: North of Whittier Ave and East of Kelly Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $1,060
  • Tax Year: 2021
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Housing Market Comparison

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

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

11921 Riad St vs Detroit

104 DAYS ON ROCKET

+59 Days

$49,900

-$35.1K Less

$72/SqFt

-$2 Less

KEY TAKEAWAY

This property is $35.1K less than the Median Sold Price and $2/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: #20240058703

Listing Office:

  • Office Name: Market Elite Inc
  • Office Phone: (586) 226-3200
  • Listing Agent: Derek C Lievens

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: 11/22/2024, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,060$12,000
2020$846$11,300
2018$846$9,100
2017$845$8,700

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-690993
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-690994
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-690995
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.89 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,583. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11921 Riad St

What is the listing price of this property?

The listing price of 11921 Riad St property is $49,900.

What type of property is this?

The property 11921 Riad St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 11921 Riad 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 $1,060 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11921 Riad St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11921 Riad St is 690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11921 Riad St is 1940.

Rocket Homes›Michigan›Wayne County›Detroit›48224›11921 Riad St

This home is located at 11921 Riad St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 690 square foot home, which was built in 1940, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $49,900.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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