12075 Chatham, Redford, MI 48239

3 beds1.5 baths760 sqft

For Sale
$45,000
Price cut: -$4,500 (8/14)
Zestimate®: $42,713
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My Notes

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*Turnkey Cash Flow* Great investment opportunity in this beautiful 3 bedroom, 1 and 1/2 bathroom bungalow style home on a full basement. This home is tenant occupied and rented for $875/mo. Hurry on this tenant occupied home with great property management!! The seller is also separately selling 15+ properties!!! Hurry on this great high end package!!! Buyer will receive a clean title, warranty deed, and title insurance!

Facts

  • Lot: 6,098 sqft
  • Single Family
  • Built in 1950
  • 76 days on Zillow
  • Views: 1,999 all time views
  • 1 shopper saved this home
  • Heating: Forced air
  • Last sold: Feb 2014 for $18,000
  • Last sale price/sqft: $24
  • MLS #: 215061132

Features

  • Finished basement, 725 sqft
  • Parking: Garage - Detached, 1 space, 352 sqft
  • Porch

Additional Features

  • Construction Materials: Brick
  • Outside Lighting
  • Last Change Type: Price Decrease
  • School District: Detroit
  • Sewer: Sewer-Sanitary
  • Title: Private - Owned
  • Water Source: Municipal Water
  • Garage Size: 1 Car
  • Road Frontage Type: Pub. Sidewalk
  • Fenced
  • Architecture Level: 2 Story
  • MLS Area Major: Det: Joy-Schoolcraft Grnfld-Limi
  • Foundation Materials: Block
  • Transaction Type: Sale

Construction

  • Exterior material: Brick
  • Roof type: Asphalt
  • Stories: 1
  • Structure type: Bungalow

Other

  • Floor size: 760 sqft
  • Heating: Gas
  • Lot depth: 119 ft
  • Lot width: 52 ft
  • Parcel #: 22117245
  • Zillow Home ID: 88134293

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$42,713
+$514 Last 30 days
$39K
$46K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$750/mo
-$1 Last 30 days
$675
$848
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Comparable Homes

Homes like this sold for $33-59K.

$20K
$70K

Popularity on Zillow

263 views since listing
1,999 all-time (chart)
1 shopper saved
this home to their list of favorites

Mortgages

Neighborhood: Park

Zillow predicts Park home values will rise 2.5% next year, compared to a 1.8% fall for Detroit as a whole. Among Park homes, this home is 11.1% more expensive than the midpoint (median) home, and is priced 34.1% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Park, the number of foreclosures waiting to be sold is 204% greater than in Detroit, and 1475.2% higher than the national average. This higher local number may prevent Park home values from rising as quickly as other regions in Detroit.
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Nearby

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    Rentals

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    Nearby Schools in Detroit

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org