Seller Motivated Investor Sepacial!!! Immediate occupancy!!! This 2 bedroom ranch just needs a little TLC to make turn key and become the perfect investment property. Excellent Fix & Flip. Being sold AS IS.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1939
Stories: 1
Living Area: 862 SqFt
Listing Office:
Office Name: Max Broock, REALTORS®-Detroit
Office Phone: (313) 324-8430
Listing Agent: Acquila Moore
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Other
Directions Information:
Directions: Head northwest on Plymouth and Greenfield
Price Information
Listing Price Info
Price Summary:
List Price: $35,000
Price Per SqFt: $41/SqFt
Tax Information:
Annual Amount: $763
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $50K less than the Median Sold Price and $33/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: #20240064129
Listing Office:
Office Name: Max Broock, REALTORS®-Detroit
Office Phone: (313) 324-8430
Listing Agent: Acquila Moore
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$242
Per Month
Principal & Interest
$175
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$171
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Edison Elementary School
17045 Grand River Ave
Distance between this listing and this school1.76 miles
Public District Grades PK-5
1
/10
Mann Learning Community
19625 Elmira St
Distance between this listing and this school1.88 miles
Public District Grades KG-5
3
/10
McCollough Elementary School
7801 Maple St
Distance between this listing and this school1.99 miles
Public District Grades PK-5
Nearby Schools
1
/10
Henderson Academy
16101 W Chicago St
Distance between this listing and this school0.79 miles
Public District Grades KG-8
1
/10
Dossin Elementary-Middle School
16650 Glendale St
Distance between this listing and this school0.83 miles
Public District Grades KG-8
2
/10
Detroit Innovation Academy
18211 Plymouth Rd
Distance between this listing and this school1.05 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Cody High School
18445 Cathedral St
Distance between this listing and this school1.53 miles
Public District Grades 9-12
1
/10
Way Academy Chicago Site
19321 W Chicago St
Distance between this listing and this school1.79 miles
Public Charter Grades 6-12
2
/10
Detroit Community Schools High School
12675 Burt Rd
Distance between this listing and this school2.53 miles
The neighbors living near this home have an average income of $20,517. Residents of Detroit, MI typically earn less than $35k each year. The most common type of family 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 12016 Winthrop St
What is the listing price of this property?
The listing price of 12016 Winthrop St property is $35,000.
What type of property is this?
The property 12016 Winthrop St is a house located in Detroit, Michigan, 48227.
Is this property for sale now?
Active Listing: 12016 Winthrop 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 $763 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 12016 Winthrop St has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 12016 Winthrop St is 862 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 12016 Winthrop St is 1939.
This home is located at 12016 Winthrop St in Detroit, MI and zip code 48227 in the Grandale / Brooks neighborhood. This 862 square foot home, which was built in 1939, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $35,000.
While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. 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.