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14564 Terry St, Detroit, MI, 48227

$126,500

Home List Price

$1,502*

Closing Credit

3 Bedrooms
2 Full Baths
1,830 SqFt
$69/SqFt
House

Location

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14564 Terry St, Detroit$126,500

Buyer Closing Credits

$1,502*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1938
HeatingForced Air, Natural Gas
BasementYes
MLS #81024060164
Lot Size0.08 Acres
StatusActive

About 14564 Terry St

Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.02%. Property features a 3 bedroom 2 bathrooms, Section 8 tenant on a yearly lease with a rent of $1,450/month. Seller has other similar properties for sale. Seller and agent are related.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1938
  • Stories: 2
  • Living Area: 1,830 SqFt

Listing Office:

  • Office Name: 3DX Real Estate, LLC.
  • Office Phone: (888) 304-1447
  • Listing Agent: Roxana Yeh

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: N of 5, E of 39.

Price Information

Listing Price Info

Price Summary:

  • List Price: $126,500
  • Price Per SqFt: $69/SqFt

Tax Information:

  • Annual Amount: $1,497
  • 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

14564 Terry St vs Detroit

41 DAYS ON ROCKET

-8 Days

$126,500

+$41.4K More

$69/SqFt

+$1 More

KEY TAKEAWAY

This property is $41.4K more than the Median Sold Price and $1/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024060164

Listing Office:

  • Office Name: 3DX Real Estate, LLC.
  • Office Phone: (888) 304-1447
  • Listing Agent: Roxana Yeh

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: 12/30/2024, 11:56:01 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

Jul 31, 2020Home Sold
$46,300
Jan 23, 2020Home Sold
$15,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,497$13,800
2020$1,087$14,200
2018$1,087$9,900
2017$1,082$9,600

History based on county public records data.

Payment Calculator

$699

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$446

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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-2260115
1
/10

  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-2260116
3
/10

  • Edison Elementary School

  • 17045 Grand River Ave

  • 1.14 miles

  • Public District Grades PK-5

school-card-donut-2260117
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 1.59 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,439. Typical income of Detroit, MI residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14564 Terry St

What is the listing price of this property?

The listing price of 14564 Terry St property is $126,500.

What type of property is this?

The property 14564 Terry St is a house located in Detroit, Michigan, 48227.

Is this property for sale now?

Active Listing: 14564 Terry 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 $1,497 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2020 for $46,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 14564 Terry St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 14564 Terry St is 1,830 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14564 Terry St is 1938.

Rocket Homes›Michigan›Wayne County›Detroit›48227›14564 Terry St

This home is located at 14564 Terry St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,830 square foot home, which was built in 1938, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $126,500.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

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