7 months on rocket

14845 Maddelein St, Detroit, MI, 48205

$70,000

Home List Price

$831*

Closing Credit

2 Bedrooms
1 Full Bath
776 SqFt
$90/SqFt
House
Schools Nearby

Location

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14845 Maddelein St, Detroit$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1947
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230081131
Lot Size0.09 Acres
StatusActive

About 14845 Maddelein St

A turnkey investment opportunity in Detroit awaits you! *This tenant-occupied 7-property 12-unit portfolio offers a 14.30% cap rate on current rents, with upside from rent increases due on many units. Properties included: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini. *** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1947
  • Stories: 1
  • Living Area: 776 SqFt

Listing Office:

  • Office Name: REALTEAM Real Estate
  • Office Phone: (586) 580-8092
  • Listing Agent: Kevin Devergilio

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • 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: N of 7 Mile/E of Gratiot

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $644
  • 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

14845 Maddelein St vs Detroit

231 DAYS ON ROCKET

+186 Days

$70,000

-$11K Less

$90/SqFt

+$19 More

KEY TAKEAWAY

This property is $11K less than the Median Sold Price and $19/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: #20230081131

Listing Office:

  • Office Name: REALTEAM Real Estate
  • Office Phone: (586) 580-8092
  • Listing Agent: Kevin Devergilio

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: 5/13/2024, 9:20:37 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

Dec 05, 2018Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$644$8,100
2020$871$11,400
2018$871$8,600
2017$867$8,700

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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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-185376
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 1.49 miles

  • Public Charter Grades KG-5

school-card-donut-185377
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 1.76 miles

  • Public District Grades 3-5

school-card-donut-185378
4
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 1.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,978. 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 high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14845 Maddelein St

What is the listing price of this property?

The listing price of 14845 Maddelein St property is $70,000.

What type of property is this?

The property 14845 Maddelein St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 14845 Maddelein 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 $644 (source: MLS/based on county public records data).

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

The last sale was on December 5, 2018 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 14845 Maddelein St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 14845 Maddelein St is 776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14845 Maddelein St is 1947.

Rocket Homes›Michigan›Wayne County›Detroit›48205›14845 Maddelein St

This home is located at 14845 Maddelein St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 776 square foot home, which was built in 1947, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 25, 2023 and is currently priced at $70,000.

Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. In April 2024 median list price was $81,036 and the average listing age was 45 days.

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

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