2 months on rocket

12730 Marlowe St, Detroit, MI, 48227

$45,000

Home List Price

$534*

Closing Credit

3 Bedrooms
1 Full Bath
1,144 SqFt
$39/SqFt
House
Schools Nearby

Location

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12730 Marlowe St, Detroit$45,000

Buyer Closing Credits

$534*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1920
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240007547
Lot Size0.09 Acres
StatusActive

About 12730 Marlowe St

Welcome to an exciting investment opportunity! This property boasts 3 bedrooms and 1 bathroom, offering a versatile canvas for investors looking to add value and potential to their portfolio. Sold as is, this home calls out to all investors ready to embark on a project and maximize its potential. Whether you're seasoned in the real estate market or just starting, this property presents a chance to turn it into a lucrative venture. Explore the possibilities and envision the transformation that awaits in this great investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Golden Key Realty Group LLC
  • Office Phone: (248) 422-6962
  • Listing Agent: Renzo Delzo

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S of Schoolcraft Rd. E of Greenfield Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $640
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

12730 Marlowe St vs Detroit

79 DAYS ON ROCKET

+30 Days

$45,000

-$35.1K Less

$39/SqFt

-$31 Less

KEY TAKEAWAY

This property is $35.1K less than the Median Sold Price and $31/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: #20240007547

Listing Office:

  • Office Name: Golden Key Realty Group LLC
  • Office Phone: (248) 422-6962
  • Listing Agent: Renzo Delzo

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: 4/27/2024, 4:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$640 -
2020$120$6,000
2018$120 -
2017$678$7,300

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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-1025838
5
/10
  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 1.69 miles

  • Public Charter Grades KG-6

school-card-donut-1025839
5
/10
  • McCollough Elementary School

  • 7801 Maple St

  • 2.24 miles

  • Public District Grades PK-5

school-card-donut-1025840
6
/10
  • Oakman Elementary School

  • 7545 Chase Rd

  • 2.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,400. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12730 Marlowe St

What is the listing price of this property?

The listing price of 12730 Marlowe St property is $45,000.

What type of property is this?

The property 12730 Marlowe St is a house located in Detroit, Michigan, 48227.

Is this property for sale now?

Active Listing: 12730 Marlowe 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 $640 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12730 Marlowe St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12730 Marlowe St is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12730 Marlowe St is 1920.

Rocket Homes›Michigan›Wayne County›Detroit›48227›12730 Marlowe St

This home is located at 12730 Marlowe St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,144 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $45,000.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

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

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