Unlock the potential of 9360 Mendota, a diamond in the rough waiting for the right investor to restore it to its former glory. Located in a promising Detroit neighborhood, this property presents a fantastic opportunity for those looking to capitalize on a renovation project. This spacious home features a classic layout with generous living areas, multiple bedrooms, and ample potential for creative renovation. The property's size and configuration make it ideal for a comprehensive overhaul, whether you’re planning to flip it for a profit or add it to your rental portfolio. The home is in need of significant updating, including work on the interior finishes, systems, and exterior. However, its strong bones and potential for appreciation make it a worthwhile investment. With a vision and some elbow grease, you can transform this fixer-upper into a highly desirable property. The surrounding neighborhood offers a blend of historic charm and revitalization, with local amenities, schools, and transportation options within reach. This property’s location enhances its appeal to future tenants or buyers seeking a vibrant Detroit community. Don’t miss out on this investment opportunity! Schedule a viewing today to explore the possibilities and envision the future of 9360 Mendota. Purchaser to pay 395 processing fee. As-is sale. Seller financing / Land contract terms available at 75,000.00 purchase price, 25,000.00 down payment, 8% interest, 84 Months Term. 779.00/month. Seller financing / Land contract terms are negotiable.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1926
Living Area: 1,216 SqFt
Listing Office:
Office Name: Market Elite Inc
Office Phone: (586) 226-3200
Listing Agent: Derek C Lievens, Jacob Hardecki
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: OneCarGarage, Detached
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: North of Joy Rd. East of Schaefer.
Price Information
Listing Price Info
Price Summary:
List Price: $64,800
Price Per SqFt: $53/SqFt
Tax Information:
Annual Amount: $624
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 $20.2K less than the Median Sold Price and $15/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: #20240058691
Listing Office:
Office Name: Market Elite Inc
Office Phone: (586) 226-3200
Listing Agent: Derek C Lievens, Jacob Hardecki
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.
$391
Per Month
Principal & Interest
$324
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
$261
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 school0.62 miles
Public District Grades KG-5
5
/10
McDonald Elementary School
10151 Diversey St
Distance between this listing and this school1.20 miles
Public District Grades PK-5
3
/10
McCollough Elementary School
7801 Maple St
Distance between this listing and this school1.34 miles
Public District Grades PK-5
Nearby Schools
1
/10
Mackenzie Elementary-Middle School
10147 W Chicago
Distance between this listing and this school0.21 miles
Public District Grades PK-8
1
/10
Noble Elementary-Middle School
8646 Fullerton St
Distance between this listing and this school1.21 miles
Public District Grades PK-8
3
/10
Unis Middle School
7801 Maple St
Distance between this listing and this school1.36 miles
Public District Grades 6-8
Nearby Schools
3
/10
Riverside Academy West Campus
6409 Schaefer Rd
Distance between this listing and this school2.05 miles
Public Charter Grades 6-12
6
/10
Fordson High School
13800 Ford Rd
Distance between this listing and this school2.46 miles
Public District Grades 9-12
2
/10
Ser Metro Youthbuild Learning Academy
5200 Stecker St
Distance between this listing and this school2.60 miles
The neighbors living near this home have an average income of $27,059. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9360 Mendota St
What is the listing price of this property?
The listing price of 9360 Mendota St property is $64,800.
What type of property is this?
The property 9360 Mendota St is a house located in Detroit, Michigan, 48204.
Is this property for sale now?
Active Listing: 9360 Mendota 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 $624 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 25, 2021 for $27,200. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 9360 Mendota St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 9360 Mendota St is 1,216 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 9360 Mendota St is 1926.
This home is located at 9360 Mendota St in Detroit, MI and zip code 48204 in the Mackenzie neighborhood. This 1,216 square foot home, which was built in 1926, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $64,800.
In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 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.