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14024 Lamphere St, Detroit, MI, 48223

$47,500

Home List Price

$564*

Closing Credit

2 Bedrooms
1 Full Bath
736 SqFt
$65/SqFt
House

Location

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14024 Lamphere St, Detroit$47,500

Buyer Closing Credits

$564*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1956
HeatingForced Air, Natural Gas
MLS #20240093058
Lot Size0.10 Acres
StatusActive

About 14024 Lamphere St

This charming 2-bedroom, 1-bathroom home offers endless potential for both investors and first-time homebuyers. Situated in a desirable neighborhood, this property is perfect for those looking to add their personal touch or capitalize on its investment potential. Investment Highlights: Strong Rental Demand: The property's location in a sought-after area ensures high demand from tenants, making it an ideal investment opportunity. Potential for Appreciation: With some renovations and updates, the property's value can significantly increase over time. Cash Flow Potential: A well-maintained rental property can generate steady rental income, providing a solid return on investment. Being sold AS-IS. All information listed is deemed reliable, not guaranteed. Buyer/agent to verify. Purchaser to pay 495 processing fee to the listing broker at closing. NO EXCEPTIONS! Buyer will receive a clean title, warranty deed, and title insurance! Thank you!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1956
  • Living Area: 736 SqFt

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Martinus J Hutcherson

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: 96 west to Outer Drive make a right on Lamphere.

Price Information

Listing Price Info

Price Summary:

  • List Price: $47,500
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $631
  • 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

14024 Lamphere St vs Detroit

3 DAYS ON ROCKET

-46 Days

$47,500

-$37.5K Less

$65/SqFt

-$3 Less

KEY TAKEAWAY

This property is $37.5K less than the Median Sold Price and $3/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: #20240093058

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Martinus J Hutcherson

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: 12/21/2024, 9:21:11 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$631$6,630
2020$689$6,800
2018$689$5,200
2017$696$5,200

History based on county public records data.

Payment Calculator

$305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$209

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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-791689
1
/10

  • Mann Learning Community

  • 19625 Elmira St

  • 1.88 miles

  • Public District Grades KG-5

school-card-donut-791690
1
/10

  • Old Redford Academy Elementary School

  • 17195 Redford St

  • 1.95 miles

  • Public Charter Grades PK-4

school-card-donut-791691
5
/10

  • Fisher Elementary School

  • 10000 Crosley

  • 1.96 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 $29,429. The majority of Detroit, MI residents have income less than $35k annually. 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 14024 Lamphere St

What is the listing price of this property?

The listing price of 14024 Lamphere St property is $47,500.

What type of property is this?

The property 14024 Lamphere St is a house located in Detroit, Michigan, 48223.

Is this property for sale now?

Active Listing: 14024 Lamphere 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 $631 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 14024 Lamphere St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 14024 Lamphere St is 736 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14024 Lamphere St is 1956.

Rocket Homes›Michigan›Wayne County›Detroit›48223›14024 Lamphere St

This home is located at 14024 Lamphere St in Detroit, MI and zip code 48223 in the Brightmoor neighborhood. This 736 square foot home, which was built in 1956, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $47,500.

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. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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