12 days on rocket

20144 Packard St, Detroit, MI, 48234

$84,995

Home List Price

$1,009*

Closing Credit

3 Bedrooms
1 Full Bath
1,067 SqFt
$80/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

20144 Packard St, Detroit$84,995

Buyer Closing Credits

$1,009*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1951
HeatingNatural Gas, Forced Air
BasementYes
MLS #50162506
Lot Size0.09 Acres
StatusActive

About 20144 Packard St

Attention Investors! This 3-bedroom brick bungalow in Detroit’s Sherwood neighborhood is a turnkey opportunity, already generating rental income. With a tenant in place for over a year who intends to stay, this property offers immediate returns and minimal management effort. Property Features: • Built in 1951, 1,067 sq. ft. on a 0.09-acre lot. • Includes 3 bedrooms, 1 bathroom, a living room, dining area, full basement (792 sq. ft.), and a detached 1.5-car garage. Conveniently located near schools, parks, and public transportation, this home is perfectly situated for continued rental demand. Sold as-is, with motivated sellers open to offers, this is an excellent choice for investors seeking healthy ROI and steady income

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 2
  • Living Area: 1,067 SqFt

Listing Office:

  • Office Name: Coverage Realty LLC
  • Office Phone: (586) 804-2974
  • Listing Agent: Christian Parsons

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

School District Information:

  • School District: Detroit City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,995
  • Price Per SqFt: $80/SqFt

Tax Information:

  • Annual Amount: $511
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

20144 Packard St vs Detroit

12 DAYS ON ROCKET

-37 Days

$84,995

-$21 Less

$80/SqFt

+$12 More

KEY TAKEAWAY

This property is $21 less than the Median Sold Price and $12/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50162506

Listing Office:

  • Office Name: Coverage Realty LLC
  • Office Phone: (586) 804-2974
  • Listing Agent: Christian Parsons

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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, 11:56:00 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$511$13,100
2020$902$12,500
2018$902$8,800
2017$898$7,500

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

Powered By

Rocket Mortgage

Advertisement

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-4288707
5
/10

  • Lincoln Elementary School

  • 22100 Federal Ave

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-4288708
2
/10

  • Mound Park Elementary School

  • 5356 Toepfer Rd

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-4288709
4
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 2.09 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 $39,286. The most common annual income of people living in Detroit, MI is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20144 Packard St

What is the listing price of this property?

The listing price of 20144 Packard St property is $84,995.

What type of property is this?

The property 20144 Packard St is a house located in Detroit, Michigan, 48234.

Is this property for sale now?

Active Listing: 20144 Packard 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 $511 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 20144 Packard St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 20144 Packard St is 1,067 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20144 Packard St is 1951.

Rocket Homes›Michigan›Wayne County›Detroit›48234›20144 Packard St

This home is located at 20144 Packard St in Detroit, MI and zip code 48234 in the Grant neighborhood. This 1,067 square foot home, which was built in 1951, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $84,995.

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. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

More Resources