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12850 August St, Detroit, MI, 48205

$49,900

Home List Price

$593*

Closing Credit

4 Bedrooms
1 Full Bath
1,321 SqFt
$38/SqFt
House

Location

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12850 August St, Detroit$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1923
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240071216
Lot Size0.09 Acres
StatusActive

About 12850 August St

Fixer upper. Lots of equity this spacious 4 bedroom home located on on Gratiot near McNichols. Land Contract Available at 6,000 down, 923 per month/ 84 month term. Terms are NEGOTIABLE. Vacant lot adjacent to the house available to purchase through the city. Roof , plumbing, up electrical in working order. Security active. Please schedule an appointment before approaching. Please note that this is NOT a move in ready property. Buyers must keep this in mind before booking an appointment. Watch Full video https://youtu.be/FN3zVnuIw6o?si=ZDB_J2T9uFLiNssC

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1923
  • Stories: 2
  • Living Area: 1,321 SqFt

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Sam Hindo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Virtual/3D Tour

  • Virtual Tour: 12850 August St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: gratiot street

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $38/SqFt

Tax Information:

  • Annual Amount: $411
  • 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

$84.9K

Med. Price/SqFt

$72

Avg. Days On Market

45

# of Sold Homes

404

12850 August St vs Detroit

40 DAYS ON ROCKET

-5 Days

$49,900

-$35K Less

$38/SqFt

-$35 Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $35/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: #20240071216

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Sam Hindo

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: 10/31/2024, 11:20:52 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$411$8,300
2020$732$8,000
2018$732$5,700
2017$736$6,300

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-901015
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.93 miles

  • Public Charter Grades KG-5

school-card-donut-901016
4
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 2.64 miles

  • Public District Grades KG-5

school-card-donut-901017
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 2.81 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 $15,904. The majority of Detroit, MI residents have income less than $35k annually. 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 12850 August St

What is the listing price of this property?

The listing price of 12850 August St property is $49,900.

What type of property is this?

The property 12850 August St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 12850 August 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 $411 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12850 August St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12850 August St is 1,321 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12850 August St is 1923.

Rocket Homes›Michigan›Wayne County›Detroit›48205›12850 August St

This home is located at 12850 August St in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 1,321 square foot home, which was built in 1923, sits on a 0.09 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $49,900.

Over 110 listings were sold over their listed price in September 2024 in Detroit, MI. In the same period over 221 listings were sold below the listed price and 73 listings were sold for the listed price. The number of listings in Detroit, MI increased by 10.5% between August 2024 and September 2024. In September 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $84,971.

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

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