**Calling ALL First-time homebuyers. Calling ALL Investors.LAND CONTRACT TERMS AVAILABLE Come check 8875 Pierson , featuring 3 bedrooms, 1 full (beautifully renovated) bathroom. As you step in the front door, you will notice the new flooring & paint throughout. The kitchen has been remodeled and includes a generous dinning area. New plumbing & mechanicals. Immediate possession upon closing. Perfect starter home with great financing options and first-time home buyer incentives Great investment as a rental property!
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1943
Stories: 2
Living Area: 1,075 SqFt
Listing Office:
Office Name: eXp Realty LLC
Office Phone: (269) 600-4397
Listing Agent: Ahmed Ali Khalil
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: GPS
Price Information
Listing Price Info
Price Summary:
List Price: $85,900
Price Per SqFt: $80/SqFt
Tax Information:
Annual Amount: $1,560
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 $883 more than the Median Sold Price and $12/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Kalamazoo Association of REALTORS
MLS Number: #66024038733
Listing Office:
Office Name: eXp Realty LLC
Office Phone: (269) 600-4397
Listing Agent: Ahmed Ali Khalil
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.
$496
Per Month
Principal & Interest
$429
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
$324
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
Mann Learning Community
19625 Elmira St
Distance between this listing and this school0.89 miles
Public District Grades KG-5
1
/10
Global Heights Academy
23713 Joy Rd
Distance between this listing and this school1.35 miles
Public Charter Grades PK-5
6
/10
River Oaks Elementary School
20755 Ann Arbor Trl
Distance between this listing and this school1.62 miles
Public District Grades PK-5
Nearby Schools
1
/10
Dixon Educational Learning Academy
8401 Trinity St
Distance between this listing and this school0.32 miles
Public District Grades KG-8
2
/10
Warrendale Charter Academy
19400 Sawyer St
Distance between this listing and this school1.06 miles
Public Charter Grades KG-8
3
/10
Ann Arbor Trail Magnet School
7635 Chatham
Distance between this listing and this school1.15 miles
Public Magnet Grades PK-8
Nearby Schools
1
/10
Way Academy Chicago Site
19321 W Chicago St
Distance between this listing and this school0.83 miles
Public Charter Grades 6-12
3
/10
Vista Meadows Academy
20651 W Warren St
Distance between this listing and this school1.19 miles
Public Charter Grades KG-12
1
/10
Cody High School
18445 Cathedral St
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $52,041. The majority of Detroit, MI residents have income between $35k-100k annually. The majority of families are 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 8875 Pierson St
What is the listing price of this property?
The listing price of 8875 Pierson St property is $85,900.
What type of property is this?
The property 8875 Pierson St is a house located in Detroit, Michigan, 48228.
Is this property for sale now?
Active Listing: 8875 Pierson 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 $1,560 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 3, 2010 for $12,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8875 Pierson St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 8875 Pierson St is 1,075 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8875 Pierson St is 1943.
This home is located at 8875 Pierson St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 1,075 square foot home was built in 1943. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $85,900.
In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.
From Rocket Homes Real Estate and based on county public records data.