2 months on rocket

14200 Faircrest St, Detroit, MI, 48205

$60,000

Home List Price

$713*

Closing Credit

2 Full Baths, 1 Partial
1,680 SqFt
$36/SqFt
Multi

Location

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14200 Faircrest St, Detroit$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1926
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240066529
Lot Size0.08 Acres
StatusActive

About 14200 Faircrest St

Exciting investment opportunity! This property features 2 units with low maintenance month-to-month tenants who have a combined tenancy of 14 years and would like to stay, offering a steady income stream and future return potential. This multi family offers 2 bedrooms and 1 bath in each unit. Bonus: includes a two-car garage. **Tenant occupied** 24 hour notice to show. BATVAI.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Stories: 2
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: CJR Realty
  • Office Phone: (313) 213-3842
  • Listing Agent: Christopher Stearns

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: South On Gratiot, Left On Faircrest

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
  • Price Per SqFt: $36/SqFt

Tax Information:

  • Annual Amount: $713
  • 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

14200 Faircrest St vs Detroit

77 DAYS ON ROCKET

+32 Days

$60,000

-$25K Less

$36/SqFt

-$38 Less

KEY TAKEAWAY

This property is $25K less than the Median Sold Price and $38/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: #20240066529

Listing Office:

  • Office Name: CJR Realty
  • Office Phone: (313) 213-3842
  • Listing Agent: Christopher Stearns

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: 11/22/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2019Home Sold
$42,000

Tax History

YEARPROP. TAXASSESSMENT
2021$713$9,700
2020$945$12,100
2018$945$8,500
2017$942$8,800

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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-606100
1
/10

  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 1.07 miles

  • Public Magnet Grades PK-5

school-card-donut-606101
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.53 miles

  • Public District Grades PK-5

school-card-donut-606102
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.62 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 $18,103. The most common annual income of people living in Detroit, MI is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48205›14200 Faircrest St

This home is located at 14200 Faircrest St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 1,680 square foot home, which was built in 1926, sits on a 0.08 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $60,000.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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