Live-in and/or become a landlord. This well maintained 2 story home with 4 bedrooms and 1.5 baths comes with adjacent vacant lot 8246 Desoto (30x100x30x100). First floor primary bedroom, huge living room and updated kitchen on a friendly street. This home has been in the same family for many years. Currently occupied by a family member month-to-month basis. Built in 1972 and ready for a new owner. Fenced backyard with alley easement. BATVAI
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1972
Living Area: 1,368 SqFt
Listing Office:
Office Name: Signature Sothebys International Realty Bham
Office Phone: (248) 644-7000
Listing Agent: Michael Heiwig
Interior Features
Interior Information:
Appliances: Disposal
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 4
Exterior Features
Parking Information:
Attached Garage: No
Parking: NoGarage
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: North of 96, west of Livernois
Price Information
Listing Price Info
Price Summary:
List Price: $80,000
Price Per SqFt: $58/SqFt
Tax Information:
Annual Amount: $240
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 $5K less than the Median Sold Price and $10/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: #20240091975
Listing Office:
Office Name: Signature Sothebys International Realty Bham
Office Phone: (248) 644-7000
Listing Agent: Michael Heiwig
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.
$467
Per Month
Principal & Interest
$400
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
$306
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
Adamsyoung Building
13130 Grove St
Distance between this listing and this school1.48 miles
Public Charter Grades KG-5
3
/10
Bagley Elementary School of Journalism and Technology
8100 Curtis St
Distance between this listing and this school1.64 miles
Public District Grades PK-6
1
/10
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school1.93 miles
Public District Grades PK-5
Nearby Schools
1
/10
Mary McLeod Bethune Elementary-Middle School
8145 Puritan St
Distance between this listing and this school0.55 miles
Public Magnet Grades PK-8
2
/10
Flagship Charter Academy
13661 Wisconsin St
Distance between this listing and this school0.93 miles
Public Charter Grades KG-8
1
/10
Thurgood Marshall-Elementary School
15531 Linwood St
Distance between this listing and this school1.29 miles
Public District Grades PK-8
Nearby Schools
5
/10
Joy Preparatory Academy
15055 Dexter Ave
Distance between this listing and this school0.84 miles
Public Charter Grades PK-12
4
/10
The School at Marygrove
8425 W McNichols Rd
Distance between this listing and this school0.96 miles
Public District Grades 9-12
2
/10
Mumford High School
17525 Wyoming St
Distance between this listing and this school1.52 miles
The neighbors living near this home have an average income of $20,379. The majority of Detroit, MI residents have income less than $35k annually. 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 8240 Desoto St
What is the listing price of this property?
The listing price of 8240 Desoto St property is $80,000.
What type of property is this?
The property 8240 Desoto St is a house located in Detroit, Michigan, 48238.
Is this property for sale now?
Active Listing: 8240 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 $240 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 8240 Desoto St has 4 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 8240 Desoto St is 1,368 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8240 Desoto St is 1972.
This home is located at 8240 Desoto St in Detroit, MI and zip code 48238 in the Harmony VIllage neighborhood. This 1,368 square foot home, which was built in 1972, sits on a 0.07 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 12, 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. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.