**OPPORTUNITY** This 3 bedroom, 1 bathroom brick bungalow is located in the Barton-McFarland neighborhood and would be perfect for either a first-time homebuyer OR for a rental investor looking to add to their portfolio! With Section 8 rents as high as $1,300 for similar properties in the area, this could be a cash-flow monster! The property is overall in pretty good shape, some small cosmetic updates such as carpet and some paint may be needed. The property features an updated kitchen, vinyl plank flooring in the living room, dining room, kitchen, and bathroom, forced air heating, vinyl windows, a 3-tab shingle roof, a 1.5 car garage, PEX & PVC plumbing, an updated 100 amp electrical panel, and beautiful knotty pine paneling for the 2nd floor bedroom!
This property is $10.1K less than the Median Sold Price and $9/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: #20240086169
Listing Office:
Office Name: RE/MAX Leading Edge
Office Phone: (734) 404-8800
Listing Agent: Ryan E Kain
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.
$441
Per Month
Principal & Interest
$374
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
$291
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 school0.67 miles
Public District Grades KG-5
5
/10
McDonald Elementary School
10151 Diversey St
Distance between this listing and this school1.13 miles
Public District Grades PK-5
3
/10
McCollough Elementary School
7801 Maple St
Distance between this listing and this school1.18 miles
Public District Grades PK-5
Nearby Schools
1
/10
Mackenzie Elementary-Middle School
10147 W Chicago
Distance between this listing and this school0.36 miles
Public District Grades PK-8
3
/10
Unis Middle School
7801 Maple St
Distance between this listing and this school1.20 miles
Public District Grades 6-8
1
/10
Noble Elementary-Middle School
8646 Fullerton St
Distance between this listing and this school1.36 miles
Public District Grades PK-8
Nearby Schools
3
/10
Riverside Academy West Campus
6409 Schaefer Rd
Distance between this listing and this school1.90 miles
Public Charter Grades 6-12
6
/10
Fordson High School
13800 Ford Rd
Distance between this listing and this school2.32 miles
Public District Grades 9-12
2
/10
Ser Metro Youthbuild Learning Academy
5200 Stecker St
Distance between this listing and this school2.52 miles
The neighbors living near this home have an average income of $37,216. The most common annual income of people living in Detroit, MI is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9248 Manor St
What is the listing price of this property?
The listing price of 9248 Manor St property is $74,900.
What type of property is this?
The property 9248 Manor St is a house located in Detroit, Michigan, 48204.
Is this property for sale now?
Active Listing: 9248 Manor 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 $631 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 15, 2021 for $75,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 9248 Manor St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 9248 Manor St is 1,147 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 9248 Manor St is 1948.
This home is located at 9248 Manor St in Detroit, MI and zip code 48204 in the Mackenzie neighborhood. This 1,147 square foot home, which was built in 1948, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $74,900.
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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.
From Rocket Homes Real Estate and based on county public records data.