9 months on rocket

12618 Stoepel St, Detroit, MI, 48238

$89,000

Home List Price

$1,057*

Closing Credit

2 Full Baths
2,600 SqFt
$34/SqFt
Multi

Location

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12618 Stoepel St, Detroit$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOneCarGarage
Garage1 space
Year Built1926
HeatingForced Air, Natural Gas
BasementYes
MLS #20240015439
Lot Size0.09 Acres
StatusActive

About 12618 Stoepel St

Nice Multifamily across from Historic Russel Woods Sub. Located near major expressways and the Livernois shopping district youre just minutes from the famous avenue of fashion and historic bakers Keyboard lounge. This multi family has 3 bedrooms in each unit and the floor plans are very spacious, Owner occupant can live payment free or rent these out for $1800-$2000 monthly. Rents are rising so future rents could go higher. Recent updates include some windows, roof repair, complete electrical upstairs and new plumbing throughout. Your portfolio will love this addition.

Property Details

Property Features

Property Information:

  • Architectural Style: Brownstone
  • Year Built: 1926
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Green Select Real Estate, LLC
  • Office Phone: (248) 552-8423
  • Listing Agent: Larry Green

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: South on Livernois to Fullerton West.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000
  • Price Per SqFt: $34/SqFt

Tax Information:

  • Annual Amount: $1,874
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

12618 Stoepel St vs Detroit

281 DAYS ON ROCKET

+232 Days

$89,000

+$3.9K More

$34/SqFt

-$34 Less

KEY TAKEAWAY

This property is $3.9K more than the Median Sold Price and $34/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: #20240015439

Listing Office:

  • Office Name: Green Select Real Estate, LLC
  • Office Phone: (248) 552-8423
  • Listing Agent: Larry Green

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: 12/18/2024, 8:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2018Home Sold
$28,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,874$17,600
2020$1,224$19,900
2018$1,224$16,000
2017$1,221$14,900

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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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-4469733
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-4469734
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 2.44 miles

  • Public Charter Grades KG-5

school-card-donut-4469735
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.52 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 $35,577. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›12618 Stoepel St

This home is located at 12618 Stoepel St in Detroit, MI and zip code 48238 in the Winterhalter neighborhood. This 2,600 square foot home, which was built in 1926, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $89,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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