4 months on rocket

11366 Penrod St, Detroit, MI, 48228

$72,000

Home List Price

$855*

Closing Credit

3 Bedrooms
1 Full Bath
941 SqFt
$77/SqFt
House
Schools Nearby

Location

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11366 Penrod St, Detroit$72,000

Buyer Closing Credits

$855*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1953
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230106017
Lot Size0.12 Acres
StatusActive

About 11366 Penrod St

Section 8 tenant occupied property in the Franklin Park district of Detroit (Southfield/Plymouth). Well maintained home with long term tenant. Tenant has resided in the home 5+ years. Current rent is $800. Rent increase request can be completed at next recertification cycle. Solid block with well maintained homes. DO NOT APPROACH TENANT. Showings by appointment only. 48 hours notice required to show.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1953
  • Stories: 1
  • Living Area: 941 SqFt

Listing Office:

  • Office Name: Golden Eagle Real Estate LLC
  • Office Phone: (248) 318-5950
  • Listing Agent: Kimberly Young

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Plymouth to Penrod

Price Information

Listing Price Info

Price Summary:

  • List Price: $72,000
  • Price Per SqFt: $77/SqFt

Tax Information:

  • Annual Amount: $899
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

11366 Penrod St vs Detroit

124 DAYS ON ROCKET

+79 Days

$72,000

-$9K Less

$77/SqFt

+$6 More

KEY TAKEAWAY

This property is $9K less than the Median Sold Price and $6/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: #20230106017

Listing Office:

  • Office Name: Golden Eagle Real Estate LLC
  • Office Phone: (248) 318-5950
  • Listing Agent: Kimberly Young

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 2:25:19 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

Aug 05, 2020Home Sold
$38,000
Apr 15, 2019Home Sold
$37,500
May 20, 2015Home Sold
$29,000

Tax History

YEARPROP. TAXASSESSMENT
2021$899$17,100
2020$899$15,900
2018$899$10,100
2017$895$9,000

History based on county public records data.

Payment Calculator

$427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$282

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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.

Nearby Schools

school-card-donut-4506178
5
/10
  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 0.10 miles

  • Public Charter Grades KG-6

school-card-donut-4506179
6
/10
  • Oakman Elementary School

  • 7545 Chase Rd

  • 2.37 miles

  • Public District Grades PK-5

school-card-donut-4506180
5
/10
  • McCollough Elementary School

  • 7801 Maple St

  • 2.50 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,706. Residents of Detroit, MI typically earn less than $35k each year. Typical family type is 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 11366 Penrod St

What is the listing price of this property?

The listing price of 11366 Penrod St property is $72,000.

What type of property is this?

The property 11366 Penrod St is a house located in Detroit, Michigan, 48228.

Is this property for sale now?

Active Listing: 11366 Penrod 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 $899 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 5, 2020 for $38,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11366 Penrod St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11366 Penrod St is 941 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11366 Penrod St is 1953.

Rocket Homes›Michigan›Wayne County›Detroit›48228›11366 Penrod St

This home is located at 11366 Penrod St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 941 square foot home, which was built in 1953, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $72,000.

Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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