18 days on rocket

7757 Lamphere, Detroit, MI, 48239

$129,900

Home List Price

$1,543*

Closing Credit

2 Full Baths
1,022 SqFt
$127/SqFt
Multi
Schools Nearby

Location

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7757 Lamphere, Detroit$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1947
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240022536
StatusActive

About 7757 Lamphere

CALLING ALL INVESTORS - TENANT OCCUPIED**** Newly renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio. Current tenant pays $1350 per month , low maintenance, always pays on time and hassle-free lease is thru 1/17/2025 CURRENT RENT COMPS IN THIS AREA ARE APPROX $1300- $1500 A MONTH WHICH GIVES THIS PROPERTY A GREAT ROI factoring in yearly expenses including taxes and insurance less than $3500 for the year. Property is located in a quiet and well-maintained neighborhood. Showings will be limited based on tenant availability.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1947
  • Stories: 1
  • Living Area: 1,022 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Dominic Shaba

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S OF TIREMAN, E OF TELEGRAPH

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $127/SqFt
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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

7757 Lamphere vs Detroit

18 DAYS ON ROCKET

-31 Days

$129,900

+$49.7K More

$127/SqFt

+$57 More

KEY TAKEAWAY

This property is $49.7K more than the Median Sold Price and $57/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: #20240022536

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Dominic Shaba

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: 4/28/2024, 4:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-1904652
4
/10

  • Global Heights Academy

  • 23713 Joy Rd

  • 0.81 miles

  • Public Charter Grades PK-5

school-card-donut-1904653
5
/10

  • Crestwood Accelerated Program

  • 7500 N Vernon St

  • 0.94 miles

  • Public District Grades KG-4

school-card-donut-1904654
3
/10

  • Hillcrest Elementary School

  • 7500 N Vernon St

  • 0.94 miles

  • Public Magnet Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,717. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48239›7757 Lamphere

This home is located at 7757 Lamphere in Detroit, MI and zip code 48239 in the Parkland neighborhood. This 1,022 square foot home was built in 1947. Features: 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $129,900.

Detroit, MI housing market in March 2024 saw over 94 listings sold above listed price, more than 74 sold at listed price and over 224 sold below. The inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

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

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