9 days on rocket

12850 Dresden St, Detroit, MI, 48205

$45,000

Home List Price

$534*

Closing Credit

2 Bedrooms
1 Full Bath
789 SqFt
$57/SqFt
House

Location

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12850 Dresden St, Detroit$45,000

Buyer Closing Credits

$534*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1938
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240085337
Lot Size0.09 Acres
StatusActive

About 12850 Dresden St

This home is perfect for a first time homebuyer or an investor for immediate rental income! Move in ready 2 bedroom 1 bath brick home is waiting for you! Let's not forget the sunroom! with a little bit of TLC, you could use it in the winter! Close to major freeways and minutes to downtown Detroit for entertainment, sports and dining.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1938
  • Stories: 1
  • Living Area: 789 SqFt

Listing Office:

  • Office Name: Own It Realty
  • Office Phone: (313) 395-0000
  • Listing Agent: Ali Hassan Berry

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Follow Ford Rd and I-94 E to Gratiot Ave in Detroit. Take exit 219 from I-94 E Use any lane to turn right onto Gratiot Ave Turn left onto Gunston Ave Turn right onto E McNichols Rd Turn right onto Dresden St

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000
  • Price Per SqFt: $57/SqFt

Tax Information:

  • Annual Amount: $1,085
  • 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

12850 Dresden St vs Detroit

9 DAYS ON ROCKET

-36 Days

$45,000

-$40K Less

$57/SqFt

-$17 Less

KEY TAKEAWAY

This property is $40K 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: #20240085337

Listing Office:

  • Office Name: Own It Realty
  • Office Phone: (313) 395-0000
  • Listing Agent: Ali Hassan Berry

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: 11/21/2024, 6:20:52 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$1,085$10,100
2020$711$9,900
2018$711$7,800
2017$710$8,000

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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-385167
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 2.14 miles

  • Public District Grades PK-5

school-card-donut-385168
1
/10

  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 2.35 miles

  • Public Magnet Grades PK-5

school-card-donut-385169
4
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 2.52 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,443. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is 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 12850 Dresden St

What is the listing price of this property?

The listing price of 12850 Dresden St property is $45,000.

What type of property is this?

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

Is this property for sale now?

Active Listing: 12850 Dresden 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 $1,085 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12850 Dresden St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12850 Dresden St is 789 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12850 Dresden St is 1938.

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

This home is located at 12850 Dresden St in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 789 square foot home, which was built in 1938, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $45,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 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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