4 months on rocket

13161 Monica St, Detroit, MI, 48238

$55,000

Home List Price

$653*

Closing Credit

20 Full Baths
1,428 SqFt
$39/SqFt
Multi
Schools Nearby

Location

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13161 Monica St, Detroit$55,000

Buyer Closing Credits

$653*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1926
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230104708
Lot Size0.09 Acres
StatusActive

About 13161 Monica St

INCOME PRODUCING MULTIFAMILY, downstair leased at 600, upstairs vacant, being sold free an clear on WARRANTY DEED.B.A.T.V.A.I Buyer pays $495 transaction fee to listing brokerage at closing.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Stories: 2
  • Living Area: 1,428 SqFt

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Ricqwain L Johnson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 20

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South Of Davison, West Of Livernois

Price Information

Listing Price Info

Price Summary:

  • List Price: $55,000
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $1,749
  • 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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

13161 Monica St vs Detroit

129 DAYS ON ROCKET

+80 Days

$55,000

-$25.1K Less

$39/SqFt

-$31 Less

KEY TAKEAWAY

This property is $25.1K 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: #20230104708

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Ricqwain L Johnson

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, 6:25:19 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$1,749$11,300
2020$1,139$12,800
2018$1,139$10,400
2017$851$9,800

History based on county public records data.

Payment Calculator

$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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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-1069994
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.58 miles

  • Public Charter Grades KG-5

school-card-donut-1069995
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.68 miles

  • Public District Grades PK-5

school-card-donut-1069996
5
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 3.04 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,756. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›13161 Monica St

This home is located at 13161 Monica St in Detroit, MI and zip code 48238 in the Winterhalter neighborhood. This 1,428 square foot home, which was built in 1926, sits on a 0.09 acre lot. Features: 20 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $55,000.

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 homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.

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

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