6 months on rocket

18404 Salem, Detroit, MI, 48219

$80,000

Home List Price

$950*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
House

Location

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18404 Salem, Detroit$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1937
HeatingForced Air, Other
BasementYes
MLS #81024031129
Lot Size0.22 Acres
StatusActive

About 18404 Salem

INVESTMENT OPPORTUNITY: Brick home in attractive neighborhood. Home is currently rented at $950.00 Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1937
  • Stories: 2

Listing Office:

  • Office Name: Kristian Freiwald
  • Office Phone: (313) 626-5996
  • Listing Agent: Kristian Freiwald

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Other

Other

Directions Information:

  • Directions: Property is located in Salem

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

18404 Salem vs Detroit

185 DAYS ON ROCKET

+136 Days

$80,000

-$5K Less

KEY TAKEAWAY

This property is $5K less than the Median Sold Price 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: #81024031129

Listing Office:

  • Office Name: Kristian Freiwald
  • Office Phone: (313) 626-5996
  • Listing Agent: Kristian Freiwald

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: 12/22/2024, 7:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-912077
3
/10
  • Distinctive College Preparatory

  • 17175 Olympia

  • 0.75 miles

  • Public Charter Grades KG-5

school-card-donut-912078
1
/10
  • Beech Elementary School

  • 19990 Beech Daly Rd

  • 1.04 miles

  • Public District Grades 2-5

school-card-donut-912079
1
/10
  • Old Redford Academy Elementary School

  • 17195 Redford St

  • 1.35 miles

  • Public Charter Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,254. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18404 Salem

What is the listing price of this property?

The listing price of 18404 Salem property is $80,000.

What type of property is this?

The property 18404 Salem is a house located in Detroit, Michigan, 48219.

Is this property for sale now?

Active Listing: 18404 Salem is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 18404 Salem has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 18404 Salem is 1937.

Rocket Homes›Michigan›Wayne County›Detroit›48219›18404 Salem

This home is located at 18404 Salem in Detroit, MI and zip code 48219 in the Old Redford neighborhood. This home, which was built in 1937, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $80,000.

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. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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