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20028 Faust Ave, Detroit, MI 48219

2 beds, 1 bath, 664 sqft
Foreclosure
$7,000
Foreclosure Estimate: $21,153
Est. Mortgage:

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These properties are currently listed for sale. They are owned by a bank or a lender who took ownership through foreclosure proceedings. These are also known as bank-owned or real estate owned (REO).

A Foreclosure Estimate is the price Zillow predicts a property will sell for if it's listed as a foreclosure (bank-owned property or real estate owned). Learn more

My Notes
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Cozy home just south of 8 Mile owned by an easy to deal with local bank. Close to freeways, shopping, and Ferndale/Royal oak entertainment! Buyer to verify all measurements and data. Tenant occupied. Sold as-is.
Facts
  • Lot: 5,227 sqft
  • Single Family
  • Built in 1944
  • 224 days on Zillow
Features
  • Finished basement, 664 sqft
    Construction
    • Roof type: Other
    • # Stories: 1.0
    • Structure type: Other
    Other
    • Floor size: 664 sqft
    • Lot depth: 130
    • Lot width: 40
    • Parcel #: 22078869
    • Zillow Home ID: 88578854

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    DATEForeclosed$000,000The lender, Unknown, has taken ownership of this property through a foreclosure auction for the amount of $000,000. The lender may list it for sale as a foreclosure property in the future. Zillow's Foreclosure Estimate predicts this property will sell for $000,000
    DATEForeclosure auction$000,000The owner of this property has been served a Notice of Trustee Sale which led to foreclosure and the lender taking ownership. A foreclosure auction was held on Date
    DATEHome in default$000,000The owner of this property has been served a Notice of Default. The loan in default was issued by Unknown on Date in the amount of $000,000
    DATEPrevious sale$000,000The home was last sold for $000,000.

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    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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    $38,461
    +$4,389 Last 30 daysd
    $32K
    $45K
    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
    $696/mo
    -$8 Last 30 daysd
    $578
    $793
    Zestimate range
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    Neighborhood for 20028 Faust Avenue

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    Zillow predicts 48219 home values will fall 1.4% next year, compared to a 0% increase for Detroit as a whole. Among 48219 homes, this home is 82.5% less expensive than the midpoint (median) home, and is priced 76.2% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the 48219 market, the number of foreclosures waiting to be sold dropped 132.3% in the last year. The number of unsold foreclosures is 36.1% greater than in Detroit, and 558.2% higher than the national average. This higher local number may prevent 48219 home values from rising as quickly as other regions in Detroit.

    Learn more about forecast calculations or 48219 home values.
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      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.

       
       
       
       
       
       
       

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