Unlock the potential of this partially completed renovation! This property features two spacious 2-bedroom, 1-bath units with thoughtfully designed layouts. Recently updated with stunning new siding, it’s already showing incredible curb appeal. Electrical, plumbing, and carpentry work have been partially completed, giving you a solid head start on finishing this amazing project. The contractor abandoned the project, so our loss is your gain. This is your chance to take advantage of a fantastic opportunity. Don't miss out on transforming this property into a showstopper! Buyer to pay 495 transaction fee to listing broker at closing.
Property Details
Property Features
Property Information:
Architectural Style: Duplex
Year Built: 1924
Living Area: 1,824 SqFt
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Lawrence Else
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: OneCarGarage
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: S of E. 7 Mile / E of E/Gratiot
Price Information
Listing Price Info
Price Summary:
List Price: $35,000
Price Per SqFt: $19/SqFt
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 $50K less than the Median Sold Price and $49/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: #20240086455
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Lawrence Else
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.
$242
Per Month
Principal & Interest
$175
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
$171
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
1
/10
Wayne Elementary School
10633 Courville St
Distance between this listing and this school1.37 miles
Public District Grades PK-5
1
/10
Fisher Magnet Lower Academy
15510 E State Fair St
Distance between this listing and this school1.37 miles
Public Magnet Grades PK-5
1
/10
Carleton Elementary School
11724 Casino St
Distance between this listing and this school1.68 miles
Public District Grades PK-5
Nearby Schools
1
/10
Pulaski Elementary-Middle School
13840 Lappin St
Distance between this listing and this school0.69 miles
Public District Grades KG-8
1
/10
Brewer Academy
18025 Brock St
Distance between this listing and this school0.78 miles
Public District Grades PK-8
1
/10
Fisher Magnet Upper Academy
15491 Maddelein St
Distance between this listing and this school1.12 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school1.03 miles
Public District Grades 9-12
1
/10
Osborn High School
11600 E 7 Mile Rd
Distance between this listing and this school1.36 miles
Public District Grades 9-12
1
/10
Diploma Success Community School
19872 Kelly Rd
Distance between this listing and this school1.92 miles
The neighbors living near this home have an average income of $31,500. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 14134 Seymour St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 1,824 square foot home, which was built in 1924, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $35,000.
Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. 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.