28 days on rocket

7440 Penrod St, Detroit, MI, 48228

$52,000

Home List Price

$618*

Closing Credit

2 Bedrooms
1 Full Bath
672 SqFt
$77/SqFt
House

Location

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7440 Penrod St, Detroit$52,000

Buyer Closing Credits

$618*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1940
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240075587
Lot Size0.12 Acres
StatusActive

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Stories: 1
  • Living Area: 672 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l RE Grosse Pointe
  • Office Phone: (313) 228-2221
  • Listing Agent: Tongyu Guo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 1

Price Information

Listing Price Info

Price Summary:

  • List Price: $52,000
  • Price Per SqFt: $77/SqFt

Tax Information:

  • Annual Amount: $519
  • Tax Year: 2021
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Housing Market Comparison

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

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

7440 Penrod St vs Detroit

28 DAYS ON ROCKET

-17 Days

$52,000

-$33K Less

$77/SqFt

+$3 More

KEY TAKEAWAY

This property is $33K less than the Median Sold Price and $3/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: #20240075587

Listing Office:

  • Office Name: @properties Christie's Int'l RE Grosse Pointe
  • Office Phone: (313) 228-2221
  • Listing Agent: Tongyu Guo

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: 11/5/2024, 8:20:53 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

Jul 30, 2018Home Sold
$19,900
Apr 17, 2009Home Sold
$75,451

Tax History

YEARPROP. TAXASSESSMENT
2021$519$9,800
2020$731$9,100
2018$731$7,200
2017$748$7,300

History based on county public records data.

Payment Calculator

$327

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$222

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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-1897121
6
/10

  • River Oaks Elementary School

  • 20755 Ann Arbor Trl

  • 1.47 miles

  • Public District Grades PK-5

school-card-donut-1897122
5
/10

  • Maples Elementary School

  • 6801 Mead St

  • 1.50 miles

  • Public District Grades PK-5

school-card-donut-1897123
2
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 1.63 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,333. The most common annual income of people living in Detroit, MI is less than $35k. The majority of families are 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 7440 Penrod St

What is the listing price of this property?

The listing price of 7440 Penrod St property is $52,000.

What type of property is this?

The property 7440 Penrod St is a house located in Detroit, Michigan, 48228.

Is this property for sale now?

Active Listing: 7440 Penrod 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 $519 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 30, 2018 for $19,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7440 Penrod St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7440 Penrod St is 672 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7440 Penrod St is 1940.

Rocket Homes›Michigan›Wayne County›Detroit›48228›7440 Penrod St

This home is located at 7440 Penrod St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 672 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $52,000.

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 homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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