Great opportunity for investment, house in good condition it has basement and kitchen with 2 units. It has tenants with good rental Income of $1,424 . It also has 2 driveway parking spaces. Please do not disturb tenants
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1930
Stories: 2
Living Area: 1,944 SqFt
Listing Office:
Office Name: Kermath Realty LLC
Office Phone: (734) 649-4903
Listing Agent: Jeff Kermath
Interior Features
Interior Information:
Basement: Yes
Interior: Cable Available, High Spd Internet Avail, Laundry Facility
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Fenced
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: S of McNichols, E of Southfield
Price Information
Listing Price Info
Price Summary:
List Price: $118,900
Price Per SqFt: $61/SqFt
Tax Information:
Annual Amount: $2,181
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $37.8K more than the Median Sold Price and $10/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: #20230091397
Listing Office:
Office Name: Kermath Realty LLC
Office Phone: (734) 649-4903
Listing Agent: Jeff Kermath
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$661
Per Month
Principal & Interest
$594
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$423
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Rutherford Winans Academy
16411 Curtis St
Distance between this listing and this school0.65 miles
Public Charter Grades PK-5
3
/10
Old Redford Academy - Elementary School
17195 Redford St
Distance between this listing and this school2.60 miles
Public Charter Grades PK-5
2
/10
Einstein Elementary School
14001 Northend Ave
Distance between this listing and this school2.90 miles
Public District Grades PK-6
Nearby Schools
6
/10
Detroit Achievement Academy
15000 Southfield Fwy
Distance between this listing and this school1.03 miles
Public Charter Grades KG-8
4
/10
Lincoln-King Academy
13436 Grove St
Distance between this listing and this school1.61 miles
Public Charter Grades KG-8
2
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school1.61 miles
Public District Grades PK-8
Nearby Schools
2
/10
Old Redford Academy - High School
8001 W Outer Dr
Distance between this listing and this school0.54 miles
Public Charter Grades 9-12
3
/10
University Yes Academy
14717 Curtis St
Distance between this listing and this school1.19 miles
Public Charter Grades KG-12
4
/10
David Ellis Academy
18977 Schaefer Hwy
Distance between this listing and this school1.89 miles
The neighbors living near this home have an average income of $41,532. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
This home is located at 16723 Asbury Park in Detroit, MI and zip code 48235 in the Upper West neighborhood. This 1,944 square foot home, which was built in 1930, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 26, 2023 and is currently priced at $118,900.
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. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.
From Rocket Homes Real Estate and based on county public records data.