2 months on rocket

12340 Monica St, Detroit, MI, 48204

$65,000

Home List Price

$772*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,144 SqFt
$57/SqFt
House

Location

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12340 Monica St, Detroit$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1921
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240063485
Lot Size0.09 Acres
StatusActive

About 12340 Monica St

This charming three-bedroom frame house is situated in the desirable Nardin Park neighborhood. The home features durable vinyl siding that offers both aesthetic appeal and low maintenance. It has been updated in several areas, providing modern comforts while maintaining its classic character. 3 spacious bedrooms, ideal for a family or individuals needing extra space. The property is currently occupied by a tenant. Lease Terms: The tenant is on a month-to-month lease, offering flexibility for potential new owners or property managers. Rent: The tenant pays $700 per month, which provides a steady income stream. Sold as is BATVIA. No showings without an accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1921
  • Stories: 2
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Ian Breck

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Take Burlingame to Monica.

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $57/SqFt

Tax Information:

  • Annual Amount: $1,122
  • 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

12340 Monica St vs Detroit

82 DAYS ON ROCKET

+37 Days

$65,000

-$20K Less

$57/SqFt

-$17 Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $17/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: #20240063485

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Ian Breck

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: 11/17/2024, 1:20:52 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$1,122$8,800
2020$735$9,900
2018$735$7,600
2017$734$7,100

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-511794
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-511795
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.38 miles

  • Public District Grades PK-5

school-card-donut-511796
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 2.57 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 $22,941. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12340 Monica St

What is the listing price of this property?

The listing price of 12340 Monica St property is $65,000.

What type of property is this?

The property 12340 Monica St is a house located in Detroit, Michigan, 48204.

Is this property for sale now?

Active Listing: 12340 Monica 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 $1,122 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12340 Monica St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 12340 Monica St is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12340 Monica St is 1921.

Rocket Homes›Michigan›Wayne County›Detroit›48204›12340 Monica St

This home is located at 12340 Monica St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. This 1,144 square foot home, which was built in 1921, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $65,000.

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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