7 months on rocket

12326 Garnet St, Detroit, MI, 48205

$48,000

Home List Price

$570*

Closing Credit

3 Bedrooms
1 Full Bath
994 SqFt
$48/SqFt
House

Location

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12326 Garnet St, Detroit$48,000

Buyer Closing Credits

$570*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1967
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240026899
Lot Size0.12 Acres
StatusActive

About 12326 Garnet St

Great invest opportunity offering a brick ranch with full basement and attached garage that includes 7 lots, 13037, 13047, 13053, 13057, 13059, 13079 & 13089 Houston-Whittier. These lots are to primed for development, so don't sleep on this opportunity. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1967
  • Stories: 1
  • Living Area: 994 SqFt

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: N. Houston-Whittier & E. Gratiot

Price Information

Listing Price Info

Price Summary:

  • List Price: $48,000
  • Price Per SqFt: $48/SqFt
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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

12326 Garnet St vs Detroit

210 DAYS ON ROCKET

+165 Days

$48,000

-$37K Less

$48/SqFt

-$26 Less

KEY TAKEAWAY

This property is $37K less than the Median Sold Price and $26/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: #20240026899

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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, 7:20:52 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 - -

History based on county public records data.

Payment Calculator

$307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$210

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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-707399
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.49 miles

  • Public District Grades PK-5

school-card-donut-707400
1
/10

  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 1.86 miles

  • Public Magnet Grades PK-5

school-card-donut-707401
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.95 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 $23,452. The most common annual income of people living in Detroit, MI is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12326 Garnet St

What is the listing price of this property?

The listing price of 12326 Garnet St property is $48,000.

What type of property is this?

The property 12326 Garnet St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 12326 Garnet St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 12326 Garnet St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12326 Garnet St is 994 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12326 Garnet St is 1967.

Rocket Homes›Michigan›Wayne County›Detroit›48205›12326 Garnet St

This home is located at 12326 Garnet St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 994 square foot home, which was built in 1967, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $48,000.

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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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