Cozy 3-bedroom, 1.1 bath bungalow, with Section 8 paying the entire $1,405 monthly rent. This home has key upgrades in 2023, including a brand new roof, furnace, hot water tank, newly framed garage, and updated windows. The plumbing in both the kitchen and bathroom has been redone, and the first-floor electrical system has been updated. A fantastic investment opportunity with reliable income in place! Tenant occupied with lease until February 2025. Upon buyer request, seller can have tenant extend the lease.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1940
Stories: 1
Living Area: 906 SqFt
Listing Office:
Office Name: EXP Z Real Estate
Office Phone: (248) 937-1337
Listing Agent: Chad Apap
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: 2 spaces
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: Moross / I-94
Price Information
Listing Price Info
Price Summary:
List Price: $119,999
Price Per SqFt: $132/SqFt
Tax Information:
Annual Amount: $2,984
Tax Year: 2021
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 Harper Woods, MI.
This property is $28K less than the Median Sold Price and $4/SqFt more than other homes in Harper Woods, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240079868
Listing Office:
Office Name: EXP Z Real Estate
Office Phone: (248) 937-1337
Listing Agent: Chad Apap
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$666
Per Month
Principal & Interest
$599
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$426
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Distinctive College Preparatory
19360 Harper Ave
Distance between this listing and this school0.42 miles
Public Charter Grades KG-6
1
/10
Tyrone Elementary School
19525 Tyrone St
Distance between this listing and this school0.60 miles
Public Magnet Grades 4-6
1
/10
Carleton Elementary School
11724 Casino St
Distance between this listing and this school0.69 miles
Public District Grades PK-5
Nearby Schools
1
/10
Marquette Elementary-Middle School
6145 Canyon St
Distance between this listing and this school0.83 miles
Public District Grades PK-8
1
/10
Chandler Park Academy Middle School
20100 Kelly Rd
Distance between this listing and this school1.28 miles
Public Charter Grades 6-8
3
/10
Marvin L Winans Academy Middle School
9740 McKinney St
Distance between this listing and this school1.33 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Harper Academy
20225 Beaconsfield St
Distance between this listing and this school1.04 miles
Public District Grades 7-12
4
/10
Harper Woods High School
20225 Beaconsfield St
Distance between this listing and this school1.04 miles
Public Magnet Grades 9-12
1
/10
Diploma Success Community School
19872 Kelly Rd
Distance between this listing and this school1.14 miles
The neighbors living near this home have an average income of $62,364. Residents of Harper Woods, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 20261 Washtenaw St
What is the listing price of this property?
The listing price of 20261 Washtenaw St property is $119,999.
What type of property is this?
The property 20261 Washtenaw St is a house located in Harper Woods, Michigan, 48225.
Is this property for sale now?
Active Listing: 20261 Washtenaw 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 $2,984 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 20261 Washtenaw St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 20261 Washtenaw St is 906 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 20261 Washtenaw St is 1940.
This home is located at 20261 Washtenaw St in Harper Woods, MI and zip code 48225. This 906 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $119,999.
In October 2024 more than 11 listings in Harper Woods, MI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 5 were sold below. The number of listings in Harper Woods, MI increased by 7.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 30 days, the median list price was $148,000.
From Rocket Homes Real Estate and based on county public records data.