Lovely, move-in ready 3 bedroom/2 bath home. Entering the home you will find beautiful hardwood floors in the spacious living room; the main floor also boasts a kitchen that has been updated with new cabinets, sink and butcher block countertops and has a dedicated dining space; the bathroom with beautiful flooring and a new sink and vanity, and two bedrooms with brand new carpeting. Upstairs you will find the large freshly carpeted primary bedroom. The partially finished basement is just waiting for your finishing touches. It offers a bonus second full bath and provides plenty of extra storage space. *Virtual staging used in some photos.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1951
Stories: 1
Living Area: 1,046 SqFt
Listing Office:
Office Name: Rockpoint Properties LLC
Office Phone: (404) 825-0082
Listing Agent: Jennifer Anthony
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: TELEGRAPH & 8 MILE
Price Information
Listing Price Info
Price Summary:
List Price: $114,900
Price Per SqFt: $110/SqFt
Tax Information:
Annual Amount: $1,052
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 Detroit, MI.
This property is $29.9K more than the Median Sold Price and $36/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: #20240049329
Listing Office:
Office Name: Rockpoint Properties LLC
Office Phone: (404) 825-0082
Listing Agent: Jennifer Anthony
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.
$641
Per Month
Principal & Interest
$574
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
$411
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
Beech Elementary School
19990 Beech Daly Rd
Distance between this listing and this school0.56 miles
Public District Grades 2-5
3
/10
Distinctive College Preparatory
17175 Olympia
Distance between this listing and this school1.80 miles
Public Charter Grades KG-5
4
/10
Botsford Elementary School
19515 Lathers St
Distance between this listing and this school2.07 miles
Public District Grades PK-5
Nearby Schools
1
/10
Redford Service Learning Academy Campus
25490 Grand River Ave
Distance between this listing and this school0.75 miles
Public Charter Grades PK-8
2
/10
Weston Preparatory Academy
22930 Chippewa St
Distance between this listing and this school0.86 miles
Public Charter Grades KG-8
3
/10
Charles Wright Academy of Arts and Science
19299 Berg Rd
Distance between this listing and this school1.09 miles
Public District Grades PK-8
Nearby Schools
2
/10
David Ellis Academy West
19800 Beech Daly Rd
Distance between this listing and this school0.63 miles
Public Charter Grades PK-12
4
/10
Communication and Media Arts High School
19501 Berg Rd
Distance between this listing and this school0.98 miles
Public District Grades 9-12
1
/10
Veritas
17715 Brady
Distance between this listing and this school1.43 miles
The neighbors living near this home have an average income of $46,513. The most common annual income of people living in Detroit, MI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 20475 Salem St
What is the listing price of this property?
The listing price of 20475 Salem St property is $114,900.
What type of property is this?
The property 20475 Salem St is a house located in Detroit, Michigan, 48219.
Is this property for sale now?
Accepting Backup Offers: 20475 Salem St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,052 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 19, 2018 for $41,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 20475 Salem St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 20475 Salem St is 1,046 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 20475 Salem St is 1951.
This home is located at 20475 Salem St in Detroit, MI and zip code 48219 in the Five Points neighborhood. This 1,046 square foot home, which was built in 1951, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $114,900.
While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.
From Rocket Homes Real Estate and based on county public records data.