8153 Mandalay St, Detroit, MI 48204

4 beds2 baths1,512 sqft Edit

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Sold: $500
Sold on 09/24/12
Zestimate®: $53,140
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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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LARGE MULTI FAMILY HOME! LOCATED NEAR MAJOR ROADS AND FREEWAYS. GREAT INVESTMENT OPPURTUNITY!! Bank of America, N.A. employees and employees' household members (including persons deriving their primary means of financial support from a Bank employee) and business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly. Bank of America Prequal or proof of funds required on all offers submitted. Cash offers are subject to Special Deed Restrictions.

Facts

  • Lot: 3,049 sqft
  • Multi Family
  • Built in 1928
  • Heating: Forced air
  • Last sold: Sep 2012 for $500
  • Last sale price/sqft: $0

Construction

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

Other

  • Floor size: 1,512 sqft
  • Lot depth: 100
  • Lot width: 30
  • Parcel #: 16018614
  • Zillow Home ID: 88180104

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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$53,140
-$2,600 Last 30 days
$33K
$71K
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
$764/mo
+$21 Last 30 days
$573
$955
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Comparable Homes

Homes like this sold for $36-78K.

$30K
$90K

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Market guide

Zillow predicts 48204 home values will decrease 2.6% next year, compared to a 1.8% decrease for Detroit as a whole. Among Detroit homes, this home is valued 30.9% more than the midpoint (median) home, but is valued 100% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 48204, the number of foreclosures waiting to be sold is 22.4% lower than in Detroit, and 301.9% greater than the national average. This lower local number could help 48204 home values rise more quickly than other regions in Detroit.

Learn more about forecast calculations or 48204 home values.
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