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20040 Lexington, Redford, MI, 48240

$145,000

Home List Price

$1,722*

Closing Credit

4 Bedrooms
1 Full Bath
1,054 SqFt
$138/SqFt
House

Location

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20040 Lexington, Redford$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1924
HeatingForced Air
CoolingCentral Air
MLS #24060483
Lot Size0.18 Acres
StatusActive

About 20040 Lexington

Completely updated 3-bedroom, 1-bath home with modern finishes and a spacious lot! Updates include fresh paint, new carpet upstairs, and durable vinyl flooring on the main level. The kitchen shines with quartz countertops, a stylish tile backsplash, a brand-new stove, and a microwave. The bathroom is tastefully updated, and new light fixtures add a warm glow throughout the home. Enjoy added curb appeal with a new front door. Move-in ready and perfect for your next chapter! Call or text Jerry Weaver with question. 734-999-7105. Email offer to Jerry Weaver with EXP Realty? Agent must be present with buyers.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,054 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Gerald Weaver

Interior Features

Interior Information:

  • Appliances: Range, Microwave
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Grand River Avenue to Lexington Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $1,272
  • Tax Year: 2021
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Housing Market Comparison

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

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Redford, MI

City

Med. Sold Price

$170.8K

Med. Price/SqFt

$147

Avg. Days On Market

22

# of Sold Homes

67

20040 Lexington vs Redford

1 DAY ON ROCKET

-21 Days

$145,000

-$25.8K Less

$138/SqFt

-$9 Less

KEY TAKEAWAY

This property is $25.8K less than the Median Sold Price and $9/SqFt less than other homes in Redford, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24060483

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Gerald Weaver

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 17, 2005Home Sold
$41,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,272$28,100
2020$1,357$23,900
2018$1,357$17,800
2017$1,478$16,700

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-846612
1
/10

  • Beech Elementary School

  • 19990 Beech Daly Rd

  • 0.49 miles

  • Public District Grades 2-5

school-card-donut-846613
4
/10

  • Botsford Elementary School

  • 19515 Lathers St

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-846614
3
/10

  • Distinctive College Preparatory

  • 17175 Olympia

  • 1.64 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,991. The majority of Redford, MI residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20040 Lexington

What is the listing price of this property?

The listing price of 20040 Lexington property is $145,000.

What type of property is this?

The property 20040 Lexington is a house located in Redford, Michigan, 48240.

Is this property for sale now?

Active Listing: 20040 Lexington 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 $1,272 (source: MLS/based on county public records data).

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

The last sale was on June 17, 2005 for $41,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20040 Lexington has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 20040 Lexington is 1,054 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20040 Lexington is 1924.

Rocket Homes›Michigan›Wayne County›Redford›48240›20040 Lexington

This home is located at 20040 Lexington in Redford, MI and zip code 48240 in the Old Colony Homes neighborhood. This 1,054 square foot home, which was built in 1924, sits on a 0.18 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $145,000.

Over 30 listings were sold over their listed price in October 2024 in Redford, MI. In the same period over 20 listings were sold below the listed price and 17 listings were sold for the listed price. Between September 2024 and October 2024, Redford, MI real estate market has seen increase in the number of listings by 8.2%. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $170,833.

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

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