Charming Brick Bungalow for the 1st time homebuyer or great investment opportunity! This lovely 3-bedroom, 1-bath brick bungalow in Detroit offers plenty of opportunities for homeowners or investors. The home boasts a cozy front porch, newly updated features, and a large backyard perfect for entertaining. Inside, you'll find hardwood floors, a spacious living room, and a freshly updated kitchen. The basement is partially finished, providing extra space for storage or living. Situated near major freeways, this home also offers proximity to the new Amazon facility, making it ideal for rental potential or long-term living. Rent estimates in the area are around $1,300/month, making this a great investment opportunity! Don’t miss out—schedule your showing today!
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1948
Living Area: 1,400 SqFt
Listing Office:
Office Name: Zest Realty LLC
Office Phone: (248) 270-8238
Listing Agent: Timothy Moore, Michael Koski
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Parking: NoGarage
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: WEST ON FENKELL RIGHT ON MARLOWE
Price Information
Listing Price Info
Price Summary:
List Price: $85,000
Price Per SqFt: $61/SqFt
Tax Information:
Annual Amount: $1,782
Tax Year: 2021
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 $16 less than the Median Sold Price and $7/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: #20240074582
Listing Office:
Office Name: Zest Realty LLC
Office Phone: (248) 270-8238
Listing Agent: Timothy Moore, Michael Koski
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.
$492
Per Month
Principal & Interest
$425
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
$321
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
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school0.29 miles
Public District Grades PK-5
1
/10
Adamsyoung Building
13130 Grove St
Distance between this listing and this school1.19 miles
Public Charter Grades KG-5
3
/10
Edison Elementary School
17045 Grand River Ave
Distance between this listing and this school1.21 miles
Public District Grades PK-5
Nearby Schools
1
/10
John R. King Academic and Performing Arts Academy
15850 Strathmoor St
Distance between this listing and this school0.48 miles
Public District Grades PK-8
1
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school0.59 miles
Public District Grades KG-8
4
/10
Foreign Language Immersion and Cultural Studies
6501 W Outer Dr
Distance between this listing and this school1.18 miles
Public District Grades PK-8
Nearby Schools
9
/10
Renaissance High School
6565 W Outer Dr
Distance between this listing and this school1.14 miles
Public District Grades 9-12
1
/10
University Yes Academy
14717 Curtis St
Distance between this listing and this school1.42 miles
Public Charter Grades KG-12
2
/10
Old Redford Academy High School
8001 W Outer Dr
Distance between this listing and this school1.81 miles
The neighbors living near this home have an average income of $22,262. The most common annual income of people living in Detroit, MI is less than $35k. Most families are 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 15327 Marlowe St
What is the listing price of this property?
The listing price of 15327 Marlowe St property is $85,000.
What type of property is this?
The property 15327 Marlowe St is a house located in Detroit, Michigan, 48227.
Is this property for sale now?
Active Listing: 15327 Marlowe 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 $1,782 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 25, 2008 for $31,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 15327 Marlowe St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 15327 Marlowe St is 1,400 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 15327 Marlowe St is 1948.
This home is located at 15327 Marlowe St in Detroit, MI and zip code 48227 in the Belmont neighborhood. This 1,400 square foot home, which was built in 1948, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $85,000.
Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.