7788 Rutland St, Detroit, MI 48228

3 beds1 bath900 sqft

For Sale
$3,900
Zestimate®: $36,712
Est. Mortgage
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My Notes

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Package Offering of Three (3) Rental/Investment properties all within blocks of each other. All on Rutland Street. Normally a offering like this sells at a premium but there offered below wholesale at only $14,900. for all 3. They can be purchase individually at $3,900 for 7788 Rutland which is vacant. 7527 & 9953 Rutland are $7,900 each Totaling $19,700 but as a package deal there discounted to only $14,900. All are Single-Family Homes. 7527 & 9953 Rutland are both occupied. All homes are very similar in size approximately 900 square feet. All are said to have full basement. These properties are just out of foreclosure and is offered by Global Premier Asset Serving. Properties are vacant and will need some type of repair/rehab/updating of course as do they all. All wholesale assets are sold as is where is of course. This asset company has over 200 Detroit Assets with over 100 being homes and about 15 occupied. All offered well below wholesale average list price from $2900 to $9,900. If interested, please e-mail our office for a complete list and website.All located on Rutland, All within blocks of each other. Brokered And Advertised By: Property Source Realty Listing Agent: Property Source Realty  More Less 

Facts

  • Lot: 4,792 sqft
  • Multi Family
  • Built in 1955
  • 20 days on Zillow
  • Views: 8,593 all time views
  • 9 shoppers saved this home
  • Last sold: May 2012 for $4,550
  • Last sale price/sqft: $5

Features

  • Parking: 1 space, 440 sqft

      Construction

      • Exterior material: Other
      • Roof type: Asphalt
      • Stories: 1

      Other

      • Floor size: 900 sqft
      • Lot depth: 115
      • Lot width: 42
      • Parcel #: 22068580
      • Zillow Home ID: 88704931

      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

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      $36,712
      -$1,563 Last 30 days
      $31K
      $42K
      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
      $745/mo
      +$0 Last 30 days
      $626
      $842
      Zestimate range
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      Comparable Homes

      Homes like this sold for $20-61K.

      $10K
      $70K

      Popularity on Zillow

      516 views since listing
      8,593 all-time (chart)
      9 shoppers saved
      this home to their list of favorites

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      Neighborhood

      Market guide

      Zillow predicts 48228 home values will decrease 4.2% next year, compared to a 1.8% decrease for Detroit as a whole. Among 48228 homes, this home is 88.1% less expensive than the midpoint (median) home, and is priced 89.5% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 48228, the number of foreclosures waiting to be sold is 43% greater than in Detroit, and 641% higher than the national average. This higher local number may prevent 48228 home values from rising as quickly as other regions in Detroit.

      Learn more about forecast calculations or 48228 home values.
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        Nearby Schools in Detroit

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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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