8 months on rocket

9616 Terry St, Detroit, MI, 48227

$70,000

Home List Price

$831*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
793 SqFt
$88/SqFt
House

Location

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9616 Terry St, Detroit$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Space, 2 Spaces
Year Built1952
HeatingNatural Gas, Forced Air
BasementYes
MLS #50134900
Lot Size0.10 Acres
StatusActive

About 9616 Terry St

Great opportunity to invest. Very charming neighborhood. Two bedrooms upstairs and another bathroom in the basement. Will not accept less than asking price. Previous financing fell through. Property has already been appraised. Buyer to verify all measurements. PROPERTY SOLD AS IS.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 793 SqFt

Listing Office:

  • Office Name: RE/MAX First
  • Office Phone: (248) 375-4000
  • Listing Agent: Enisha Brooks

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: 1 Space, 2 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

School District Information:

  • School District: Detroit City School District

Other

Directions Information:

  • Directions: North of Chicago - West of Hubbell

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $1,313
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

9616 Terry St vs Detroit

246 DAYS ON ROCKET

+201 Days

$70,000

-$15K Less

$88/SqFt

+$14 More

KEY TAKEAWAY

This property is $15K less than the Median Sold Price and $14/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50134900

Listing Office:

  • Office Name: RE/MAX First
  • Office Phone: (248) 375-4000
  • Listing Agent: Enisha Brooks

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 2019Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,313$14,500
2020$499$12,800
2018$499$10,300
2017$619$10,300

History based on county public records data.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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.

Nearby Schools

school-card-donut-2019505
3
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-2019506
5
/10

  • Oakman Elementary School

  • 7545 Chase Rd

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-2019507
2
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 1.43 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,242. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. 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 9616 Terry St

What is the listing price of this property?

The listing price of 9616 Terry St property is $70,000.

What type of property is this?

The property 9616 Terry St is a house located in Detroit, Michigan, 48227.

Is this property for sale now?

Active Listing: 9616 Terry 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 $1,313 (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 3, 2019 for $30,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9616 Terry St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 9616 Terry St is 793 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9616 Terry St is 1952.

Rocket Homes›Michigan›Wayne County›Detroit›48227›9616 Terry St

This home is located at 9616 Terry St in Detroit, MI and zip code 48227 in the Grandale / Brooks neighborhood. This 793 square foot home, which was built in 1952, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $70,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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