4 months on rocket

14393 Strathmoor St, Detroit, MI, 48227

$75,000

Home List Price

$891*

Closing Credit

3 Bedrooms
1 Full Bath
1,342 SqFt
$56/SqFt
House
Schools Nearby

Location

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14393 Strathmoor St, Detroit$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1924
HeatingNatural Gas, Hot Water
BasementYes
MLS #20230101467
Lot Size0.11 Acres
StatusActive

About 14393 Strathmoor St

SECTION 8 ***CITY CERTIFIED***SKY HIGH ROI OF 10%*** Solid Brick 3 Bed colonial on Detroit's Westside, cash cow produces over 13k of gross income annually, professionally managed and turnkey ready for a savvy investor. Section 8 voucher for $1,100/month can be maximized and increased in the future. This property has been awarded a rental certification of occupancy by the City of Detroit and passed annual section 8 re-inspection. Features of this large colonial include- 3 nice sized bedrooms, large living room, dinning room, full bath and basement. Outside find a 3D shingled roof and vinyl windows. Family friendly with generous sized lot, detached garage and fenced yard. With a great location near schools, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,342 SqFt

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Al Baydoun

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: E of Hubbel St, W of of Shaefer Hwy

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
  • Price Per SqFt: $56/SqFt

Tax Information:

  • Annual Amount: $744
  • 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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

14393 Strathmoor St vs Detroit

147 DAYS ON ROCKET

+102 Days

$75,000

-$6K Less

$56/SqFt

-$15 Less

KEY TAKEAWAY

This property is $6K 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: #20230101467

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Al Baydoun

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: 5/8/2024, 6:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 09, 2018Home Sold
$46,500
Apr 22, 2009Home Sold
$62,388

Tax History

YEARPROP. TAXASSESSMENT
2021$744$15,200
2020$1,173$15,700
2018$1,173$10,800
2017$970$10,500

History based on county public records data.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-8817076
5
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 2.24 miles

  • Public Charter Grades KG-6

school-card-donut-8817077
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 2.26 miles

  • Public Charter Grades PK-5

school-card-donut-8817078
5
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 3.03 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 $24,186. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are 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 14393 Strathmoor St

What is the listing price of this property?

The listing price of 14393 Strathmoor St property is $75,000.

What type of property is this?

The property 14393 Strathmoor St is a house located in Detroit, Michigan, 48227.

Is this property for sale now?

Active Listing: 14393 Strathmoor 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 $744 (source: MLS/based on county public records data).

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

The last sale was on October 9, 2018 for $46,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 14393 Strathmoor St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 14393 Strathmoor St is 1,342 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14393 Strathmoor St is 1924.

Rocket Homes›Michigan›Wayne County›Detroit›48227›14393 Strathmoor St

This home is located at 14393 Strathmoor St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,342 square foot home, which was built in 1924, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 13, 2023 and is currently priced at $75,000.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. In April 2024 in Detroit, MI there were 12.7% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

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

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