19 days on rocket

17129 Westphalia St, Detroit, MI, 48205

$300,000

Home List Price

$3,563*

Closing Credit

5 Full Baths
2,880 SqFt
$104/SqFt
Multi

Location

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17129 Westphalia St, Detroit$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1928
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240067092
Lot Size0.12 Acres
StatusActive

About 17129 Westphalia St

Located 8 minutes from the infamous East English Village District, you will find 17129 Westphalia nestled on a 5,357 square foot lot in a quiet neighborhood of homeowners. This crown jewel boasts a brand new roof to ensure repeat dividends for many years to come. Your apartment complex consists of 5 recently remodeled 1 bed room units. Each unit has been upgraded and has entirely brand new electrical and plumbing to insure maintenance free cash flow. Furthermore the entire complex has new electrical and plumbing from top to bottom. Each spacious unit has freshly rolled paint and brand new carpet with top of the line underlayment. 4 of the 5 units are leased to section 8 tenants and the monthly dividends are 4,007 all paid by section 8. The tenants pay all utilities, which allows this complex to maintain a near 29 print cash on cash return. This Diamond will be wrapped around a lucky owner's finger soon! No showings without accepted full list offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1928
  • Stories: 2
  • Living Area: 2,880 SqFt

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Westphalia & Mchnicholas

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $1,144
  • 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

$72

Avg. Days On Market

51

# of Sold Homes

387

17129 Westphalia St vs Detroit

19 DAYS ON ROCKET

-32 Days

$300,000

+$215K More

$104/SqFt

+$31 More

KEY TAKEAWAY

This property is $215K more than the Median Sold Price and $31/SqFt more 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: #20240067092

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

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: 9/27/2024, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,144$16,500
2020$847$16,500
2018$847$18,200
2017$844$18,600

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-730325
4
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 2.24 miles

  • Public District Grades KG-5

school-card-donut-730326
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 2.44 miles

  • Public Charter Grades KG-5

school-card-donut-730327
5
/10

  • Lincoln Elementary School

  • 22100 Federal Ave

  • 2.71 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 $10,360. Residents of Detroit, MI typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48205›17129 Westphalia St

This home is located at 17129 Westphalia St in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 2,880 square foot home, which was built in 1928, sits on a 0.12 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since September 08, 2024 and is currently priced at $300,000.

Over 104 listings were sold over their listed price in August 2024 in Detroit, MI. In the same period over 209 listings were sold below the listed price and 74 listings were sold for the listed price. Between July 2024 and August 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.2%. In August 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $85,000.

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

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