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12690 Ward St, Detroit, MI 48227

Studio, 2 baths, 2,072 sqft
Sold: $21,500
Sold on 08/23/12
Zestimate®: $70,968
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My Notes
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This is a very nice, well kept 2 family flat. It needs to work! Home has 2 bedroom unit up and 3 bedroom unit down with all appliances included. Quiet Block! You can't beat this deal, purchase and start generating income right away! Buyer to pay for city inspection and sign ACR. Property sold as is.
 
Facts
  • Lot: 5,227 sqft
  • Multi Family
  • Built in 1936
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Aug 2012 for $21,500
  • Price/sqft: $10
Features
  • Fireplace
  • Parking: Garage - Detached, 3 spaces, 612 sqft
Construction
  • Exterior material: Brick
  • Roof type: Asphalt
  • # Stories: 2.0
Other
  • Floor size: 2,072 sqft
  • Lot depth: 126
  • Lot width: 40
  • Parcel #: 22024706
  • Zillow Home ID: 88409861
Home Values
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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

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$70,968
+$26,374 Last 30 daysd
$48K
$94K
Zestimate range
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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
$715/mo
-$7 Last 30 daysd
$565
$865
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Neighborhood for 12690 Ward Street

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Zillow predicts 48227 home values will increase 0.5% next year, compared to a 0% increase for Detroit as a whole. Among 48227 homes, this home is valued 72.7% more than the midpoint (median) home, but is valued 73.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 48227 market, the number of foreclosures waiting to be sold decreased 108.4% in the last year. The number of unsold foreclosures is 16.6% greater than in Detroit, and 464% higher than the national average. This higher local number may prevent 48227 home values from rising as quickly as other regions in Detroit.

Learn more about forecast calculations or 48227 home values.
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