2 months on rocket

20220 Spencer St, Detroit, MI, 48234

$199,990

Home List Price

$2,375*

Closing Credit

4 Bedrooms
2 Full Baths
1,893 SqFt
$106/SqFt
House

Location

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20220 Spencer St, Detroit$199,990

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached
Garage1 space
Year Built1941
HeatingForced Air, Natural Gas
BasementYes
MLS #20240076496
Lot Size0.09 Acres
StatusActive

About 20220 Spencer St

LOVELY FOUR BEDROOM BRICK BUNGALOW WITH LIVING AND DINING ROOM THREE BEDROOMS ON THE FIRST FLOOR AND ONE LARGE BEDROOM ON THE SECOND FLOOR TWO FULL BATHS ONE CAR GARAGE WITH LARGE FENCED IN BACKYARD LOCATED IN NICE QUIET NEIGHBORHOOD CLOSE TO SCHOOLS AND SHOPPING AREA, A MUST SEE HOME AND SELLER IS ANXIOUS TO SALE THIS IS A MUST SEE HOME SO HURRY. THIS HOME IS TENANT OCCUPIED AND GIVE 24 HOUR NOTICE TO SCHEDULE SHOWING.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1941
  • Living Area: 1,893 SqFt

Listing Office:

  • Office Name: Real Estate Management Specialists Inc
  • Office Phone: (313) 533-6300
  • Listing Agent: Verdieman Smith

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: OneCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: South of 8 Mile West of Van Dyke

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,990
  • Price Per SqFt: $106/SqFt

Tax Information:

  • Annual Amount: $1,265
  • Tax Year: 2021
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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

20220 Spencer St vs Detroit

72 DAYS ON ROCKET

+23 Days

$199,990

+$114.9K More

$106/SqFt

+$38 More

KEY TAKEAWAY

This property is $114.9K more than the Median Sold Price and $38/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: #20240076496

Listing Office:

  • Office Name: Real Estate Management Specialists Inc
  • Office Phone: (313) 533-6300
  • Listing Agent: Verdieman Smith

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, 6:21:09 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 15, 2010Home Sold
$10,800

Tax History

YEARPROP. TAXASSESSMENT
2021$1,265$16,500
2020$1,199$15,800
2018$1,199$11,100
2017$1,065$9,400

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-895475
5
/10
  • Lincoln Elementary School

  • 22100 Federal Ave

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-895476
2
/10
  • Mound Park Elementary School

  • 5356 Toepfer Rd

  • 1.37 miles

  • Public District Grades KG-5

school-card-donut-895477
4
/10
  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 2.01 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,286. Typical income of Detroit, MI residents is less than $35k annually. 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 20220 Spencer St

What is the listing price of this property?

The listing price of 20220 Spencer St property is $199,990.

What type of property is this?

The property 20220 Spencer St is a house located in Detroit, Michigan, 48234.

Is this property for sale now?

Active Listing: 20220 Spencer 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 $1,265 (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 15, 2010 for $10,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20220 Spencer St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 20220 Spencer St is 1,893 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20220 Spencer St is 1941.

Rocket Homes›Michigan›Wayne County›Detroit›48234›20220 Spencer St

This home is located at 20220 Spencer St in Detroit, MI and zip code 48234 in the Grant neighborhood. This 1,893 square foot home, which was built in 1941, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $199,990.

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

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

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