5 months on rocket

18538 Appleton St, Detroit, MI, 48219

$50,000

Home List Price

$594*

Closing Credit

2 Bedrooms
1 Full Bath
874 SqFt
$57/SqFt
House

Location

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18538 Appleton St, Detroit$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1953
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240034026
Lot Size0.11 Acres
StatusActive

About 18538 Appleton St

Cute 2 bedroom ranch on a quiet, well maintained street off of Telegraph and Grand River. Amazing long term tenant paying $800/mo and pays all utilities. They would like to stay and work with the next owner. She is aware of the sale and it's easy to arrange showings. Newly renewed lease is good through May 2025 and then she will sign annual leases or stay month to month. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1953
  • Stories: 1
  • Living Area: 874 SqFt

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Lawrence Else

Interior Features

Interior Information:

  • Basement: Yes

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: S of Seven MileE of Telegraph

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000
  • Price Per SqFt: $57/SqFt

Tax Information:

  • Annual Amount: $1,103
  • 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

18538 Appleton St vs Detroit

171 DAYS ON ROCKET

+126 Days

$50,000

-$35K Less

$57/SqFt

-$17 Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $17/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: #20240034026

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Lawrence Else

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, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 10, 2013Home Sold
$32,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,103$12,800
2020$720$10,900
2018$720$7,400
2017$718$7,000

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-2183769
1
/10

  • Old Redford Academy - Elementary School

  • 17195 Redford St

  • 0.93 miles

  • Public Charter Grades PK-5

school-card-donut-2183770
2
/10

  • American Montessori Academy Upper Elementary School

  • 17175 Olympia

  • 1.31 miles

  • Public Charter Grades 3-6

school-card-donut-2183771
1
/10

  • Beech Elementary School

  • 19990 Beech Daly Rd

  • 1.40 miles

  • Public District Grades 2-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,766. Residents of Detroit, MI typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18538 Appleton St

What is the listing price of this property?

The listing price of 18538 Appleton St property is $50,000.

What type of property is this?

The property 18538 Appleton St is a house located in Detroit, Michigan, 48219.

Is this property for sale now?

Active Listing: 18538 Appleton 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 $1,103 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 10, 2013 for $32,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18538 Appleton St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 18538 Appleton St is 874 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18538 Appleton St is 1953.

Rocket Homes›Michigan›Wayne County›Detroit›48219›18538 Appleton St

This home is located at 18538 Appleton St in Detroit, MI and zip code 48219 in the Old Redford neighborhood. This 874 square foot home, which was built in 1953, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $50,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. 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.

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