new - 4 days on rocket

20400 Packard St, Detroit, MI, 48234

$80,000

Home List Price

$950*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,117 SqFt
$72/SqFt
House

Location

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20400 Packard St, Detroit$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1941
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240085445
Lot Size0.12 Acres
StatusActive

About 20400 Packard St

Step into the possibilities of this charming property that is eagerly awaiting its new owner! This home is a fantastic opportunity for first-time buyers or those looking to expand their investment portfolio. While it does require some tender loving care to bring out its full potential, just imagine the beauty it could become with a little effort and creativity. This is a probate sale, and the sellers are highly motivated to close a deal. Don't let this chance slip away, make us an offer that we can't refuse! For further details and to explore this opportunity, please reach out to Jermaine.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,117 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Jermaine Golden

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S of E 8 Mile Rd & W of Van Dyke

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $1,505
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

20400 Packard St vs Detroit

4 DAYS ON ROCKET

-41 Days

$80,000

-$5K Less

$72/SqFt

-$2 Less

KEY TAKEAWAY

This property is $5K less than the Median Sold Price and $2/SqFt less 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: #20240085445

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Jermaine Golden

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: 11/17/2024, 10:20:52 AM 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$1,505$14,800
2020$825$14,200
2018$825$9,900
2017$824$8,400

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-305656
5
/10
  • Lincoln Elementary School

  • 22100 Federal Ave

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-305657
2
/10
  • Mound Park Elementary School

  • 5356 Toepfer Rd

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-305658
4
/10
  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 2.05 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. The majority of Detroit, MI residents have income less than $35k annually. 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 20400 Packard St

What is the listing price of this property?

The listing price of 20400 Packard St property is $80,000.

What type of property is this?

The property 20400 Packard St is a house located in Detroit, Michigan, 48234.

Is this property for sale now?

Active Listing: 20400 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 $1,505 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 20400 Packard St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 20400 Packard St is 1,117 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20400 Packard St is 1941.

Rocket Homes›Michigan›Wayne County›Detroit›48234›20400 Packard St

This home is located at 20400 Packard St in Detroit, MI and zip code 48234 in the Grant neighborhood. This 1,117 square foot home, which was built in 1941, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $80,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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