10 days on rocket

12874 Grandmont Ave, Detroit, MI, 48227

$120,000

Home List Price

$1,425*

Closing Credit

3 Bedrooms
1 Full Bath
1,085 SqFt
$111/SqFt
House

Location

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12874 Grandmont Ave, Detroit$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1948
HeatingForced Air
BasementYes
MLS #24056327
Lot Size0.12 Acres
StatusActive

About 12874 Grandmont Ave

Rare opportunity to purchase a move in ready home on land contract! This three bedroom, one bathroom, brick bungalow is a must see. Home features stunning hardwood floors, updated kitchen with vinyl plank flooring in the kitchen and dining room, one car garage AND a fenced in yard. Basement is nearly finished, adding additional living space as well. Terms: 1. $20K down payment 2. 11% interest 3. 6 year balloon 4. $1,100 monthly payment

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1948
  • Stories: 2
  • Living Area: 1,085 SqFt

Listing Office:

  • Office Name: Grant and Main, LLC
  • Office Phone: (313) 261-2921
  • Listing Agent: Megan Taylor

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: North of Fullerton Ave & East of Southfield Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $111/SqFt

Tax Information:

  • Annual Amount: $657
  • 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

12874 Grandmont Ave vs Detroit

10 DAYS ON ROCKET

-35 Days

$120,000

+$35K More

$111/SqFt

+$37 More

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $37/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24056327

Listing Office:

  • Office Name: Grant and Main, LLC
  • Office Phone: (313) 261-2921
  • Listing Agent: Megan Taylor

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:56 AM 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$657$17,900
2020$1,147$15,200
2018$1,147$10,500
2017$1,214$11,100

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-2050959
2
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 0.99 miles

  • Public Charter Grades KG-6

school-card-donut-2050960
2
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 2.68 miles

  • Public Charter Grades PK-5

school-card-donut-2050961
3
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 2.75 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 $38,686. Residents of Detroit, MI typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12874 Grandmont Ave

What is the listing price of this property?

The listing price of 12874 Grandmont Ave property is $120,000.

What type of property is this?

The property 12874 Grandmont Ave is a house located in Detroit, Michigan, 48227.

Is this property for sale now?

Active Listing: 12874 Grandmont Ave 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 $657 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12874 Grandmont Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12874 Grandmont Ave is 1,085 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12874 Grandmont Ave is 1948.

Rocket Homes›Michigan›Wayne County›Detroit›48227›12874 Grandmont Ave

This home is located at 12874 Grandmont Ave in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,085 square foot home, which was built in 1948, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $120,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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