13 days on rocket

12717 Riad St, Detroit, MI, 48224

$93,500

Home List Price

$1,110*

Closing Credit

1 Bedroom
1 Full Bath
1,000 SqFt
$94/SqFt
House
Schools Nearby

Location

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12717 Riad St, Detroit$93,500

Buyer Closing Credits

$1,110*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1944
HeatingForced Air, Natural Gas
BasementYes
MLS #24025029
Lot Size0.12 Acres
StatusActive

About 12717 Riad St

This delightful 3-bedroom, 1-bathroom bungalow offers the perfect blend of classic charm and income generation! Currently occupied by a reliable Section 8 tenant paying $1195 per month, this property provides immediate financial return while you own a charming piece of real estate. Property is one of five being listed: 11434 Laing, 20460 Appoline, 4249 Elmhurst, 17696 Woodbine

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1944
  • Stories: 1
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: House of Realty LLC
  • Office Phone: (734) 526-3288
  • Listing Agent: Jonathan Golden

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: One Block west of Moross, Two blocks South of Kelly

Price Information

Listing Price Info

Price Summary:

  • List Price: $93,500
  • Price Per SqFt: $94/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

$82.6K

Med. Price/SqFt

$71

Avg. Days On Market

49

# of Sold Homes

433

12717 Riad St vs Detroit

13 DAYS ON ROCKET

-36 Days

$93,500

+$10.8K More

$94/SqFt

+$22 More

KEY TAKEAWAY

This property is $10.8K more than the Median Sold Price and $22/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24025029

Listing Office:

  • Office Name: House of Realty LLC
  • Office Phone: (734) 526-3288
  • Listing Agent: Jonathan Golden

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 12:50:37 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

$534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$347

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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-7919505
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 1.10 miles

  • Public Charter Grades KG-5

school-card-donut-7919506
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.28 miles

  • Public Charter Grades KG-5

school-card-donut-7919507
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.59 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,854. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. 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 12717 Riad St

What is the listing price of this property?

The listing price of 12717 Riad St property is $93,500.

What type of property is this?

The property 12717 Riad St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 12717 Riad St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 12717 Riad St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 12717 Riad St is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12717 Riad St is 1944.

Rocket Homes›Michigan›Wayne County›Detroit›48224›12717 Riad St

This home is located at 12717 Riad St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,000 square foot home, which was built in 1944, sits on a 0.12 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $93,500.

In May 2024, from all listings sold in Detroit, MI there were more than 116 sold above asking price, over 246 sold below and more than 71 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between April 2024 and May 2024 increased by 9.9%. In May 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $82,639.

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

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