4 months on rocket

18487 Monica St, Detroit, MI, 48221

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
1 Full Bath
1,687 SqFt
$118/SqFt
House
Schools Nearby

Location

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18487 Monica St, Detroit$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1936
HeatingNatural Gas, Forced Air
BasementYes
FireplaceLiving Room
MLS #20230103978
Lot Size0.11 Acres
StatusActive

About 18487 Monica St

BAGLEY GEM! Looking to buy in Detroit’s hottest neighborhood for a great price? This spacious brick colonial is the best deal on the market in Bagley. Beautifully rehabbed and move-in ready. Premium quartz countertops, brand new flooring, refinished original hardwood floors, recessed lighting, and countless other upgrades. At almost 1700 sq ft, similar homes are selling well into the 200k+ range. Large upper loft area that could be a 4th bedroom. Brand new bathroom with luxurious tile work and elegant vanity. Home has a newer roof and vinyl windows, ensuring peace of mind for years to come. Walking distance to the vibrant Avenue of Fashion, dining options, coffee shops, shopping and entertainment. Prime location near award winning institutions such as the University of Detroit Mercy, Marygrove college, UD Jesuit high school and Bagley elementary. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1936
  • Stories: 3
  • Living Area: 1,687 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Living Room

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, Forced Air

Other

Directions Information:

  • Directions: South of 7 Mile and West of Livernois

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $779
  • 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

18487 Monica St vs Detroit

132 DAYS ON ROCKET

+83 Days

$199,000

+$118.8K More

$118/SqFt

+$48 More

KEY TAKEAWAY

This property is $118.8K more than the Median Sold Price and $48/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: #20230103978

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: 4/27/2024, 1:25:20 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

Sep 14, 2021Home Sold
$100,000
Aug 10, 2016Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2021$779$21,500
2020$1,355$17,800
2018$1,355$12,900
2017$1,114$12,700

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-1278079
2
/10

  • Einstein Elementary School

  • 14001 Northend Ave

  • 2.74 miles

  • Public District Grades PK-6

school-card-donut-1278080
3
/10

  • Key Elementary School

  • 23400 Jerome St

  • 2.86 miles

  • Public District Grades PK-6

school-card-donut-1278081
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 3.08 miles

  • Public Magnet Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,167. Typical income of Detroit, MI residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18487 Monica St

What is the listing price of this property?

The listing price of 18487 Monica St property is $199,000.

What type of property is this?

The property 18487 Monica St is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 18487 Monica 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 $779 (source: MLS/based on county public records data).

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

The last sale was on September 14, 2021 for $100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18487 Monica St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 18487 Monica St is 1,687 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18487 Monica St is 1936.

Rocket Homes›Michigan›Wayne County›Detroit›48221›18487 Monica St

This home is located at 18487 Monica St in Detroit, MI and zip code 48221 in the Bagley neighborhood. This 1,687 square foot home, which was built in 1936, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 17, 2023 and is currently priced at $199,000.

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. In March 2024 in Detroit, MI there were 10.7% more homes for sale than in February 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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