This affordable 2 bed brick ranch offers a great opportunity for the savvy investor to continue earning a strong ROI or for a homeowner to put their finishing touches on. The current owners made many updates back in 2018 before the current tenant moved in. Cosmetic updates such as the kitchen cabinets, countertop, bathroom, flooring and also windows, pex supply lines, hot water tank, furnace, etc. Minor damage to rear roof that was repaired. Homeowners can add their finishing touches to a home with great bones. Investors can work with the existing long term VA tenant (rent is 750/mo) or bring rents to market rates of 1000+
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1940
Stories: 1
Living Area: 710 SqFt
Listing Office:
Office Name: Zest Realty LLC
Office Phone: (248) 270-8238
Listing Agent: Timothy Moore
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: 0.07 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: VAN DYKE / SEVEN MILE
Price Information
Listing Price Info
Price Summary:
List Price: $40,000
Price Per SqFt: $56/SqFt
Tax Information:
Annual Amount: $1,088
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 $41K 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: #20240011809
Listing Office:
Office Name: Zest Realty LLC
Office Phone: (248) 270-8238
Listing Agent: Timothy Moore
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.
$267
Per Month
Principal & Interest
$200
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
$186
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
3
/10
Lincoln Elementary School
22100 Federal Ave
Distance between this listing and this school1.59 miles
Public District Grades KG-5
4
/10
Mound Park Elementary School
5356 Toepfer Rd
Distance between this listing and this school1.82 miles
Public District Grades KG-5
7
/10
McKinley Elementary School
13173 Toepfer Rd
Distance between this listing and this school2.32 miles
Public District Grades KG-5
Nearby Schools
3
/10
Dove Academy of Detroit
8210 Rolyat St
Distance between this listing and this school0.38 miles
Public Charter Grades KG-8
2
/10
Brenda Scott Academy For Theatre Arts
18440 Hoover St
Distance between this listing and this school1.20 miles
Public District Grades KG-8
5
/10
Legacy Charter Academy
4900 E Hildale St
Distance between this listing and this school1.54 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Lincoln High School
22900 Federal Ave
Distance between this listing and this school1.85 miles
Public District Grades 9-12
2
/10
Pershing High School
18875 Ryan Rd
Distance between this listing and this school1.93 miles
Public Magnet Grades 9-12
4
/10
Frontier International Academy
13322 Conant St
Distance between this listing and this school2.32 miles
The neighbors living near this home have an average income of $30,000. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 19213 Stotter St
What is the listing price of this property?
The listing price of 19213 Stotter St property is $40,000.
What type of property is this?
The property 19213 Stotter St is a house located in Detroit, Michigan, 48234.
Is this property for sale now?
Active Listing: 19213 Stotter 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 $1,088 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 1, 2019 for $20,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 19213 Stotter St has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 19213 Stotter St is 710 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 19213 Stotter St is 1940.
This home is located at 19213 Stotter St in Detroit, MI and zip code 48234 in the Grant neighborhood. This 710 square foot home, which was built in 1940, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $40,000.
Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.
From Rocket Homes Real Estate and based on county public records data.