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7447 Desoto St, Detroit, MI, 48238

$80,000

Home List Price

$950*

Closing Credit

1 Full Bath
559 SqFt
$143/SqFt
House

Location

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7447 Desoto St, Detroit$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1926
HeatingForced Air, Natural Gas
BasementYes
MLS #81024062650
Lot Size0.07 Acres
StatusActive

About 7447 Desoto St

3-bedroom Colonial with endless potential! Updated bathroom, new carpet throughout, a convenient 1st-floor bedroom, and two additional bedrooms upstairs. spacious living room, dining, and a basement complete with a second kitchen and workshop. Enclosed porches on both the 1st and 2nd levels. Home requires minor repairs, Offered exclusively on a 8 year land contract. $25,000 down, $777.52 a month

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1926
  • Stories: 1
  • Living Area: 559 SqFt

Listing Office:

  • Office Name: KW Home Realty
  • Office Phone: (248) 626-2100
  • Listing Agent: Cecelia Dillard

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Fenkell/Livernois

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $1,337
  • 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

7447 Desoto St vs Detroit

1 DAY ON ROCKET

-48 Days

$80,000

-$5K Less

$143/SqFt

+$75 More

KEY TAKEAWAY

This property is $5K less than the Median Sold Price and $75/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024062650

Listing Office:

  • Office Name: KW Home Realty
  • Office Phone: (248) 626-2100
  • Listing Agent: Cecelia Dillard

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: 12/12/2024, 2:21:02 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$1,337$11,600
2020$872$14,700
2018$872$10,000
2017$868$10,300

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-1959450
3
/10
  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 1.69 miles

  • Public District Grades PK-6

school-card-donut-1959451
1
/10
  • Adamsyoung Building

  • 13130 Grove St

  • 1.75 miles

  • Public Charter Grades KG-5

school-card-donut-1959452
1
/10
  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 2.25 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,379. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7447 Desoto St

What is the listing price of this property?

The listing price of 7447 Desoto St property is $80,000.

What type of property is this?

The property 7447 Desoto St is a house located in Detroit, Michigan, 48238.

Is this property for sale now?

Active Listing: 7447 Desoto 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 $1,337 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7447 Desoto St has 1 bathroom..

What is the square footage of this property?

The property 7447 Desoto St is 559 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7447 Desoto St is 1926.

Rocket Homes›Michigan›Wayne County›Detroit›48238›7447 Desoto St

This home is located at 7447 Desoto St in Detroit, MI and zip code 48238 in the Harmony VIllage neighborhood. This 559 square foot home, which was built in 1926, sits on a 0.07 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $80,000.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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