This recently renovated 3 bedroom,1.5 bath brick bungalow. Updates include modern kitchen and bathroom, plumbing and electrical. Extra large lot includes recently claimed and fenced easement. This property could be a great opportunity for a first time home buyer, especially with Detroit's $25000 down payment assistance program or as an investment considering local comps as high as $160,000.
This property is $15.9K more than the Median Sold Price and $19/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: #20240091965
Listing Office:
Office Name: C-RED Realty Group, LLC
Office Phone: (313) 964-6884
Listing Agent: Nathaniel Walker
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.
$572
Per Month
Principal & Interest
$505
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
$369
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
2
/10
Barton Elementary School
8530 Joy Rd
Distance between this listing and this school0.45 miles
Public District Grades KG-5
5
/10
McDonald Elementary School
10151 Diversey St
Distance between this listing and this school0.75 miles
Public District Grades PK-5
2
/10
Riverside Academy
7124 Miller Rd
Distance between this listing and this school1.03 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Mackenzie Elementary-Middle School
10147 W Chicago
Distance between this listing and this school0.50 miles
Public District Grades PK-8
3
/10
Unis Middle School
7801 Maple St
Distance between this listing and this school1.12 miles
Public District Grades 6-8
5
/10
Lowrey Middle School
6601 Jonathon St
Distance between this listing and this school1.41 miles
Public District Grades 6-8
Nearby Schools
3
/10
Riverside Academy West Campus
6409 Schaefer Rd
Distance between this listing and this school1.66 miles
Public Charter Grades 6-12
6
/10
Fordson High School
13800 Ford Rd
Distance between this listing and this school2.07 miles
Public District Grades 9-12
2
/10
Ser Metro Youthbuild Learning Academy
5200 Stecker St
Distance between this listing and this school2.15 miles
The neighbors living near this home have an average income of $34,586. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. 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 8612 Birwood St
What is the listing price of this property?
The listing price of 8612 Birwood St property is $101,000.
What type of property is this?
The property 8612 Birwood St is a house located in Detroit, Michigan, 48204.
Is this property for sale now?
Active Listing: 8612 Birwood 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 $2,003 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 8612 Birwood St has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 8612 Birwood St is 1,167 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8612 Birwood St is 1952.
This home is located at 8612 Birwood St in Detroit, MI and zip code 48204 in the Aviation Subdivision neighborhood. This 1,167 square foot home, which was built in 1952, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $101,000.
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. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. In November 2024 median list price was $85,016 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.