16233 Normandy St, Detroit, MI 48221

3 beds2 baths1,417 sqft Edit

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Sold: $10,000
Sold on 12/17/12
Zestimate®: $47,141
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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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This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!

Facts

  • Lot: 3,920 sqft
  • Single Family
  • Built in 1938
  • Views: 92 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Dec 2012 for $10,000
  • Last sale price/sqft: $7

Features

  • Fireplace
  • Parking: Garage - Detached, 1 space, 240 sqft

    Construction

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

    Other

    • Floor size: 1,417 sqft
    • Lot depth: 114 ft
    • Lot width: 35 ft
    • Parcel #: 08010624
    • Zillow Home ID: 88604741

    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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    $47,141
    +$822 Last 30 days
    $38K
    $58K
    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
    +$7 Last 30 days
    $705
    $995
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    Improve This Home's Value

    Thinking remodel? See home ideas and estimates on Zillow Digs.

    Estimate $22,400 Contemporary Kitchen Ideas
    Estimate $28,900 Cottage Kitchen Ideas
    Estimate $37,400 Traditional Kitchen Ideas

    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    92 all-time views
    of this home (chart)
    386 forecasted views of this home
    in the first 7 days after listing for sale

    Comparable Homes

    Homes like this sold for $24-60K.

    $20K
    $70K

    Mortgages

    Neighborhood: Martin Park

    Zillow predicts Martin Park home values will decrease 3.1% next year, compared to a 1.8% fall for Detroit as a whole. Among 48221 homes, this home is valued 10.7% more than the midpoint (median) home, but is valued 76.7% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Martin Park, the number of foreclosures waiting to be sold is 1.5% lower than in Detroit, and 410.5% higher than the national average. This lower local number could help Martin Park home values rise more quickly than 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