2 months on rocket

12125 E Outer Dr, Detroit, MI, 48224

$125,000

Home List Price

$1,484*

Closing Credit

3 Bedrooms
1 Full Bath
2,298 SqFt
$54/SqFt
House

Location

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12125 E Outer Dr, Detroit$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1936
HeatingForced Air
BasementYes
MLS #24049199
Lot Size0.11 Acres
StatusActive

About 12125 E Outer Dr

Charming 3-Bedroom Brick Home in East English Village** This well-maintained 3-bedroom, 2-bath, 1,550 sq. ft. brick home is nestled in Detroit's sought-after East English Village neighborhood. Featuring a brand-new roof and fully updated electrical system, this two-story home offers both classic charm and modern upgrades. Currently tenant-occupied with a rental income of $1,100/month and professionally managed by a licensed property manager, it's a great investment opportunity. Don't miss out on this solid property that combines comfort, reliability, and an ideal location.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1936
  • Stories: 2
  • Living Area: 2,298 SqFt

Listing Office:

  • Office Name: iTech Realty
  • Office Phone: (586) 262-6757
  • Listing Agent: Kingsley Ifezue

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Take I-94 and exit at 222 for Cadieux Rd. Head north on Cadieux Rd for about half a mile, then turn right onto E Warren Ave. After a short distance, turn left onto Outer Dr E. Continue on Outer Dr E for about half a mile, and 12125 E Outer Dr will be on your right

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $54/SqFt

Tax Information:

  • Annual Amount: $801
  • 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

12125 E Outer Dr vs Detroit

67 DAYS ON ROCKET

+22 Days

$125,000

+$40K More

$54/SqFt

-$20 Less

KEY TAKEAWAY

This property is $40K more than the Median Sold Price and $20/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24049199

Listing Office:

  • Office Name: iTech Realty
  • Office Phone: (586) 262-6757
  • Listing Agent: Kingsley Ifezue

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:50:53 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

Apr 12, 2016Home Sold
$32,000
Oct 15, 2013Home Sold
$52,500

Tax History

YEARPROP. TAXASSESSMENT
2021$801$26,500
2020$1,392$25,400
2018$1,392$17,200
2017$1,385$15,400

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-1027024
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.65 miles

  • Public Charter Grades KG-5

school-card-donut-1027025
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-1027026
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.44 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,240. Most Detroit, MI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12125 E Outer Dr

What is the listing price of this property?

The listing price of 12125 E Outer Dr property is $125,000.

What type of property is this?

The property 12125 E Outer Dr is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 12125 E Outer Dr 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 $801 (source: MLS/based on county public records data).

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

The last sale was on April 12, 2016 for $32,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12125 E Outer Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12125 E Outer Dr is 2,298 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12125 E Outer Dr is 1936.

Rocket Homes›Michigan›Wayne County›Detroit›48224›12125 E Outer Dr

This home is located at 12125 E Outer Dr in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,298 square foot home, which was built in 1936, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $125,000.

Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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