2 months on rocket

15237 E State Fair St, Detroit, MI, 48205

$45,000

Home List Price

$534*

Closing Credit

2 Bedrooms
1 Full Bath
608 SqFt
$74/SqFt
House

Location

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15237 E State Fair St, Detroit$45,000

Buyer Closing Credits

$534*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1948
HeatingNatural Gas, Forced Air
MLS #20240066309
Lot Size0.11 Acres
StatusActive

About 15237 E State Fair St

Located at 15237 E State Fair in Detroit, this charming 2-bedroom white bungalow is a perfect investment opportunity with a tenant already in place, providing $1,100/month in rental income. The property is well-maintained, requires minimal work, and offers a functional layout with plenty of natural light. Situated in a convenient location near schools, shopping, and public transportation, this home is ideal for investors seeking a hassle-free, income-generating property. Don’t miss out on this chance to expand your portfolio with immediate returns!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1948
  • Stories: 2
  • Living Area: 608 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Andre Wadley Jr

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South on Gratiot, Left on State Fair

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000
  • Price Per SqFt: $74/SqFt

Tax Information:

  • Annual Amount: $35
  • 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

15237 E State Fair St vs Detroit

60 DAYS ON ROCKET

+15 Days

$45,000

-$40K Less

$74/SqFt

-$0 Less

KEY TAKEAWAY

This property is $40K less than the Median Sold Price and $0/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: #20240066309

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Andre Wadley Jr

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: 11/5/2024, 7:20:52 AM 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$35 -
2020$34 -
2018$34$400
2017$35$400

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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-1897683
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 1.17 miles

  • Public Charter Grades KG-5

school-card-donut-1897684
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 1.27 miles

  • Public District Grades 3-5

school-card-donut-1897685
4
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 1.63 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,510. The most common annual income of people living in Detroit, MI is between $35k-100k. 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

Frequently Asked Questions About 15237 E State Fair St

What is the listing price of this property?

The listing price of 15237 E State Fair St property is $45,000.

What type of property is this?

The property 15237 E State Fair St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 15237 E State Fair 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 $35 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 15237 E State Fair St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 15237 E State Fair St is 608 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 15237 E State Fair St is 1948.

Rocket Homes›Michigan›Wayne County›Detroit›48205›15237 E State Fair St

This home is located at 15237 E State Fair St in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 608 square foot home, which was built in 1948, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $45,000.

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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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