11 days on rocket

20101 Tracey St, Detroit, MI, 48235

$145,000

Home List Price

$1,722*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,078 SqFt
$135/SqFt
House

Location

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20101 Tracey St, Detroit$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached
Garage2 spaces
Year Built1950
HeatingForced Air, Natural Gas
BasementYes
MLS #20240090906
Lot Size0.12 Acres
StatusActive

About 20101 Tracey St

This Detroit, MI property is an outstanding investment opportunity! This well-maintained property generates consistent rental income providing immediate cash flow for investors. This property is part of a 11-property portfolio, each in similar condition with comparable rental income. All properties are currently occupied by long-term tenants, offering stability and reliable returns. Please feel welcome to drive by the property to view the exterior, but do not disturb the tenants. For more information or to request financial documents, contact us today. Don’t miss out on this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1950
  • Living Area: 1,078 SqFt

Listing Office:

  • Office Name: Exit United Realty Professionals
  • Office Phone: (248) 677-3220
  • Listing Agent: Dawn Thompson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: WEST 8 MILE TO SCHAEFER GO SOUTH

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $2,538
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

20101 Tracey St vs Detroit

11 DAYS ON ROCKET

-38 Days

$145,000

+$59.9K More

$135/SqFt

+$67 More

KEY TAKEAWAY

This property is $59.9K more than the Median Sold Price and $67/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: #20240090906

Listing Office:

  • Office Name: Exit United Realty Professionals
  • Office Phone: (248) 677-3220
  • Listing Agent: Dawn Thompson

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: 12/17/2024, 11:56:03 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

Jul 25, 2018Home Sold
$11,500
Apr 20, 2016Home Sold
$42,400
Feb 25, 2013Home Sold
$38,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,538$23,300
2020$1,440$21,100
2018$1,440$14,600
2017$1,433$13,600

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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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-4294046
2
/10

  • Einstein Elementary School

  • 14001 Northend Ave

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-4294047
2
/10

  • Oak Park Service Learning Academy Opsla

  • 21700 Marlow St

  • 1.12 miles

  • Public Charter Grades PK-6

school-card-donut-4294048
1
/10

  • Key Elementary School

  • 23400 Jerome St

  • 1.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,225. Most Detroit, MI residents have annual incomes less than $35k. The majority of 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 20101 Tracey St

What is the listing price of this property?

The listing price of 20101 Tracey St property is $145,000.

What type of property is this?

The property 20101 Tracey St is a house located in Detroit, Michigan, 48235.

Is this property for sale now?

Active Listing: 20101 Tracey 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 $2,538 (source: MLS/based on county public records data).

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

The last sale was on July 25, 2018 for $11,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20101 Tracey St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 20101 Tracey St is 1,078 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20101 Tracey St is 1950.

Rocket Homes›Michigan›Wayne County›Detroit›48235›20101 Tracey St

This home is located at 20101 Tracey St in Detroit, MI and zip code 48235 in the North neighborhood. This 1,078 square foot home, which was built in 1950, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 07, 2024 and is currently priced at $145,000.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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