Subject property located in Mapleridge Neighborhood. No seller financing or land contracts offered. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for single family homes. Seller contracts to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. BTVAI & Sizes.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1942
Stories: 1
Living Area: 962 SqFt
Listing Office:
Office Name: Premier Property Services LLC
Office Phone: (313) 822-9000
Listing Agent: James Bufalino
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Near corner of MacCray and Cedargrove
Price Information
Listing Price Info
Price Summary:
List Price: $15,000
Price Per SqFt: $16/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 $70K less than the Median Sold Price and $58/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: #20240067205
Listing Office:
Office Name: Premier Property Services LLC
Office Phone: (313) 822-9000
Listing Agent: James Bufalino
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.
$142
Per Month
Principal & Interest
$75
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
$111
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
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school1.45 miles
Public Charter Grades KG-5
1
/10
Chandler Park Academy - Elementary School
20200 Kelly Rd
Distance between this listing and this school2.01 miles
Public Charter Grades KG-5
4
/10
McKinley Elementary School
13173 Toepfer Rd
Distance between this listing and this school2.42 miles
Public District Grades KG-5
Nearby Schools
3
/10
Regent Park Scholars Charter Academy
15865 East Seven Mile Rd
Distance between this listing and this school1.01 miles
Public Charter Grades KG-8
2
/10
Trix Elementary School
13700 Bringard Dr
Distance between this listing and this school1.54 miles
Public Charter Grades PK-8
2
/10
Brenda Scott Academy For Theatre Arts
18440 Hoover St
Distance between this listing and this school1.72 miles
Public District Grades KG-8
Nearby Schools
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school0.70 miles
Public District Grades 9-12
1
/10
Harper Woods Virtual Academy
19344 Kelly Rd
Distance between this listing and this school1.35 miles
Public Magnet Grades 6-12
1
/10
Diploma Success Community School
19344 Kelly Rd
Distance between this listing and this school1.35 miles
The neighbors living near this home have an average income of $14,348. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 14702 Cedargrove St
What is the listing price of this property?
The listing price of 14702 Cedargrove St property is $15,000.
What type of property is this?
The property 14702 Cedargrove St is a house located in Detroit, Michigan, 48205.
Is this property for sale now?
Active Listing: 14702 Cedargrove St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 14702 Cedargrove St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 14702 Cedargrove St is 962 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 14702 Cedargrove St is 1942.
This home is located at 14702 Cedargrove St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 962 square foot home, which was built in 1942, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $15,000.
Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 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.