1 month on rocket

20535 Joann St, Detroit, MI, 48205

$65,000

Home List Price

$772*

Closing Credit

2 Bedrooms
1 Full Bath
918 SqFt
$71/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

20535 Joann St, Detroit$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1940
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240019896
Lot Size0.12 Acres
StatusActive

About 20535 Joann St

DETROIT/WARREN BORDER***SKY HIGH ROI OF 14%*** Solid Brick Detroit Eastside cash cow produces $12,600 of annual gross income, turnkey and ready for a new savvy investor. This charming bungalow with full basement is low maintenance and has a newer 3D shingled roof, vinyl windows and NEWLY BUILT GARAGE. Family friendly with generous sized lot and fenced yard. With a great location near Warren and all of its amenities, Osborn high school, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1940
  • Stories: 1
  • Living Area: 918 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

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: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of 8 mile / West of Schoenherr

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $1,612
  • Tax Year: 2021
House and calculator

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.

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

20535 Joann St vs Detroit

30 DAYS ON ROCKET

-19 Days

$65,000

-$15.1K Less

$71/SqFt

+$1 More

KEY TAKEAWAY

This property is $15.1K less than the Median Sold Price and $1/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: #20240019896

Listing Office:

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

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: 5/1/2024, 7:25:19 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$1,612$11,200
2020$1,061$10,100
2018$1,061$9,500
2017$1,056$9,300

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

Powered By

Rocket Mortgage

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-4074379
7
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-4074380
3
/10

  • Lincoln Elementary School

  • 22100 Federal Ave

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-4074381
3
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 2.15 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,918. Residents of Detroit, MI typically earn between $35k-100k each year. Residents typically live in single, with 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 20535 Joann St

What is the listing price of this property?

The listing price of 20535 Joann St property is $65,000.

What type of property is this?

The property 20535 Joann St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 20535 Joann 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 $1,612 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 20535 Joann St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 20535 Joann St is 918 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20535 Joann St is 1940.

Rocket Homes›Michigan›Wayne County›Detroit›48205›20535 Joann St

This home is located at 20535 Joann St in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 918 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $65,000.

Over 94 listings were sold over their listed price in March 2024 in Detroit, MI. In the same period over 224 listings were sold below the listed price and 74 listings were sold for the listed price. 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.

More Resources