3 months on rocket

18581 Appleton St, Detroit, MI, 48219

$70,000

Home List Price

$831*

Closing Credit

3 Bedrooms
1 Full Bath
813 SqFt
$86/SqFt
House
Schools Nearby

Location

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18581 Appleton St, Detroit$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1924
HeatingNatural Gas, Hot Water
BasementYes
MLS #20230106151
Lot Size0.11 Acres
StatusActive

About 18581 Appleton St

MULTIPLE OFFER SITUATION. HIGHEST AND BEST MONDAY AT 5PM. LOCATED JUST 7 MINUTES FROM THE INFAMOUS CITY OF REDFORD, YOU WILL FIND 18581 APPLETON NESTLED ON A 4,791 SQUARE FOOT LOT IN THE QUIET "SEVEN MILE-ROUGE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOAST 3 SPACIOUS BEDROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACE AND HOT WATER TANK. IN ADDITION, THIS HOME HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY TO BE RENTED ON A TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1300 ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1924
  • Stories: 1
  • Living Area: 813 SqFt

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: N OF GRAND RIVER, E OF TELEGRAPH

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
  • Price Per SqFt: $86/SqFt

Tax Information:

  • Annual Amount: $918
  • 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

18581 Appleton St vs Detroit

117 DAYS ON ROCKET

+68 Days

$70,000

-$10.1K Less

$86/SqFt

+$16 More

KEY TAKEAWAY

This property is $10.1K less than the Median Sold Price and $16/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: #20230106151

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

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, 10:25:19 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$918$9,600
2020$699$8,300
2018$699$5,500
2017$696$5,200

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-1178024
3
/10

  • Old Redford Academy - Elementary School

  • 17195 Redford St

  • 0.99 miles

  • Public Charter Grades PK-5

school-card-donut-1178025
5
/10

  • American Montessori Academy Upper Elementary School

  • 17175 Olympia

  • 1.29 miles

  • Public Charter Grades 3-6

school-card-donut-1178026
3
/10

  • Beech Elementary School

  • 19990 Beech Daly Rd

  • 1.34 miles

  • Public District Grades 2-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,766. The most common annual income of people living in Detroit, MI is between $35k-100k. The most common type of family 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 18581 Appleton St

What is the listing price of this property?

The listing price of 18581 Appleton St property is $70,000.

What type of property is this?

The property 18581 Appleton St is a house located in Detroit, Michigan, 48219.

Is this property for sale now?

Active Listing: 18581 Appleton 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 $918 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 18581 Appleton St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 18581 Appleton St is 813 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18581 Appleton St is 1924.

Rocket Homes›Michigan›Wayne County›Detroit›48219›18581 Appleton St

This home is located at 18581 Appleton St in Detroit, MI and zip code 48219 in the Old Redford neighborhood. This 813 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 31, 2023 and is currently priced at $70,000.

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 inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.

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

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