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20442 Carrie St, Detroit, MI 48234

3 beds, 1 bath, 1,834 sqft
Sold: $20,000
Sold on 10/04/11
Zestimate®: $53,271
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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

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20442 Carrie Street Detroit, MI 48234 This is a cute and clean home in quiet neighborhood. It is fully rehabbed with a renter in place. 3 bed 1 bath with a finished basement and nice covered front veranda. This is a great upcoming area close to freeways, schools and shopping. This is a TRUE TURN KEY INVESTMENT! Property management is also in place so you won?t be dealing with any phone calls from tenants. Purchase price is $36,998 Cash-On-Cash Return is 14.18%!!! Try getting that in the stock market or your savings account! Note: All purchases are subject to a one time transaction fee of $795. Returns and projections are based off of estimates and/or research obtained at time of posting. Please do your own research and due diligence to verify your own numbers as the market, rent and expenses can change. This is a great upcoming area that we have targeted. While Zillow and E-Appraisal can be great resources in some areas, here we had to get more accurate appraisals from local Real Estate Agents. Always do your homework. Details Sqft: 1,834 Lot size: 5,227 sq ft / 0.12 acres Property type: Single Family Year built: 1927 Heating system: Forced air Cash Flow Rent: $700/mo Taxes: $107.55/mo Insurance: $45/mo Management: $75/mo Maintenance: $35/mo Cash Flow: $437.45/mo AFTER Expenses  MoreLess
 
Facts
  • Lot: 5,227 sqft
  • Single Family
  • Built in 1927
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Oct 2011 for $20,000
  • Price/sqft: $11
Features
  • Deck
  • Fenced Yard
  • Lawn
  • Patio
  • Porch
Construction
  • Roof type: Asphalt
  • # Stories: 1.0
  • Structure type: Other
Other
  • Floor size: 1,834 sqft
  • Lot depth: 126
  • Lot width: 40
  • Parcel #: 15008356
  • Zillow Home ID: 88385939
Home Values
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$53,271
+$2,130 Last 30 daysd
$40K
$62K
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
$761/mo
-$4 Last 30 daysd
$639
$883
Zestimate range
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Neighborhood for 20442 Carrie Street

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Zillow predicts 48234 home values will increase 0.4% next year, compared to a 0% increase for Detroit as a whole. Among 48234 homes, this home is valued 41.3% more than the midpoint (median) home, but is valued 75.6% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 48234 market, the number of foreclosures waiting to be sold fell 98.6% in the last year. The number of unsold foreclosures is 0.6% less than in Detroit, and 380.6% greater than the national average. This lower local number could help 48234 home values rise more quickly than other regions in Detroit.

Learn more about forecast calculations or 48234 home values.
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    Contact a local agent

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    These listing agents specialize in this area and can get you a market value for this home and answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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