12571 E Outer Dr, Detroit, MI 48224

3 beds1.5 baths1,452 sqft Edit

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Sold: $57,500
Sold on 12/11/13
Zestimate®: $53,298
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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

My Notes

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Prime location, Great Investment, Subject to Third Party Approval. All data approx. Buyer to pay $1,295 Short Sale Processing fee to Listing Broker. Brokered And Advertised By: OWN IT REALTY LLC Listing Agent: HASSAN SCHEIB

Facts

  • Lot: 4,791 sqft
  • Single Family
  • Built in 1946
  • Views: 887 all time views
  • Heating: Forced air
  • Last sold: Dec 2013 for $57,500
  • Last sale price/sqft: $40

Features

  • Fireplace
  • Parking: Garage - Detached, 1 space, 360 sqft
  • Wired

Construction

  • Exterior material: Brick, Metal
  • Roof type: Asphalt
  • Stories: 2
  • Structure type: Other

Other

  • Floor size: 1,452 sqft
  • Lot depth: 121 ft
  • Lot width: 40 ft
  • Parcel #: 21080484
  • Zillow Home ID: 88335258

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

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$53,298
-$1,019 Last 30 days
$43K
$63K
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
$850/mo
+$0 Last 30 days
$756
$944
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Improve This Home's Value

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Popularity on Zillow

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887 all-time views
of this home (chart)
58 forecasted views of this home
in the first 7 days after listing for sale

Comparable Homes

Homes like this sold for $47-62K.

$40K
$70K

Mortgages

Neighborhood: Morningside

Median Zestimate

$47,200

3.0%

1-yr forecast

The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

Zillow predicts Morningside home values will fall 4.6% next year, compared to a 1.8% decrease for Detroit as a whole. Among Morningside homes, this home is valued 28.7% more than the midpoint (median) home, and is valued 30% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Morningside, the number of foreclosures waiting to be sold is 69.7% higher than in Detroit, and 779% higher than the national average. This higher local number may prevent Morningside home values from rising as quickly as other regions in Detroit.
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Nearby

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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