3287 Elmhurst St, Detroit, MI 48206

6 beds2 baths4,500 sqft Edit

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Off Market
Zestimate®: $90,600
Rent Zestimate®: $721/mo
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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

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.

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: 4,356 sqft
  • Multi Family
  • Built in 1926
  • Views: 297 all time views
  • Heating: Forced air
  • Last sold: Apr 2010 for $2,900

Features

  • Parking: Carport, 1 space, 360 sqft

      Construction

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

      Other

      • Floor size: 4,500 sqft
      • Lot depth: 120
      • Lot width: 35
      • Parcel #: 12003609
      • Zillow Home ID: 88730744

      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

      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

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $90,600
      -$10,998 Last 30 days
      $48K
      $121K
      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
      $721/mo
      -$8 Last 30 days
      $620
      $822
      Zestimate range
      Zestimate forecast
      $XXX,XXX
      0
      One year
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      Owner estimate:
      Posted on 12/08/2010
      This home sold for 75,000 in 2010 and was subsequantly vandalized. This is not a former foreclosed property as Zillow claims.

      Popularity on Zillow

      297 all-time views
      of this home (chart)

      Comparable Homes

      Homes like this sold for $46-100K.

      $40K
      $110K

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      Neighborhood

      Market guide

      Zillow predicts 48206 home values will rise 0.2% next year, compared to a 1.8% fall for Detroit as a whole. Among 48206 homes, this home is valued 91.9% more than the midpoint (median) home, but is valued 13% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 48206, the number of foreclosures waiting to be sold is 12.3% lower than in Detroit, and 354.3% higher than the national average. This lower local number could help 48206 home values rise more quickly than other regions in Detroit.

      Learn more about forecast calculations or 48206 home values.
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        Nearby Schools in Detroit

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