***ATTN FLIPPERS/INVESTORS***PRICED WELL BELOW VALUE. ALL-BRICK 3 bedroom bungalow is ready for its next owner. Terrific opportunity on Detroit's west side. Home was updated 3 years ago with new cabinets, counters, floors, and mechanicals. Features include a large living room with fireplace, dedicated dining room, large master bedroom, fenced yard and long driveway. Needs a little TLC to make it perfect. Opportunity for some INSTANT EQUITY. Easy access to 96 Fwy, Right off Grand River. Buyer will receive clean title, warranty deed, and title insurance! Call/text for information
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1936
Living Area: 1,309 SqFt
Listing Office:
Office Name: U.S. Investor Group
Office Phone: (313) 644-0034
Listing Agent: Wael Nehme, Hasson Hammoud
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Parking: Detached, NoGarage
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: S of Grand River and E of Fullerton
Price Information
Listing Price Info
Price Summary:
List Price: $75,000
Price Per SqFt: $57/SqFt
Tax Information:
Annual Amount: $464
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 $10K less than the Median Sold Price and $11/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: #20240081731
Listing Office:
Office Name: U.S. Investor Group
Office Phone: (313) 644-0034
Listing Agent: Wael Nehme, Hasson Hammoud
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.
$442
Per Month
Principal & Interest
$375
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
$291
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
2
/10
Barton Elementary School
8530 Joy Rd
Distance between this listing and this school1.77 miles
Public District Grades KG-5
1
/10
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school1.94 miles
Public District Grades PK-5
3
/10
McCollough Elementary School
7801 Maple St
Distance between this listing and this school2.23 miles
Public District Grades PK-5
Nearby Schools
1
/10
Noble Elementary-Middle School
8646 Fullerton St
Distance between this listing and this school0.84 miles
Public District Grades PK-8
2
/10
Flagship Charter Academy
13661 Wisconsin St
Distance between this listing and this school0.93 miles
Public Charter Grades KG-8
1
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school1.27 miles
Public District Grades KG-8
Nearby Schools
5
/10
Joy Preparatory Academy
15055 Dexter Ave
Distance between this listing and this school2.32 miles
Public Charter Grades PK-12
4
/10
The School at Marygrove
8425 W McNichols Rd
Distance between this listing and this school2.49 miles
Public District Grades 9-12
9
/10
Renaissance High School
6565 W Outer Dr
Distance between this listing and this school2.80 miles
The neighbors living near this home have an average income of $20,965. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12667 Sorrento St
What is the listing price of this property?
The listing price of 12667 Sorrento St property is $75,000.
What type of property is this?
The property 12667 Sorrento St is a house located in Detroit, Michigan, 48227.
Is this property for sale now?
Active Listing: 12667 Sorrento 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 $464 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 16, 2020 for $62,900. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 12667 Sorrento St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 12667 Sorrento St is 1,309 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 12667 Sorrento St is 1936.
This home is located at 12667 Sorrento St in Detroit, MI and zip code 48227 in the Mackenzie neighborhood. This 1,309 square foot home, which was built in 1936, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $75,000.
In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. 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.