tomo logo

$110,000

Beds
3
Baths
1.0
sq ft
960

11421 Sorrento St, Detroit, MI 48227

11421 Sorrento St

DetroitCity_Wayne, MI 48227

    This is an excellent opportunity for investors, cash buyers, or those looking to take advantage of an FHA 203k loan! The heavy lifting has already been done for you, with a brand new roof, electrical, and plumbing systems, new blackout picture window, as well as a stunning new front door and stylish backsplash in the kitchen. The brand-new cabinets are ready for your personal touch—just add your paint colors to make this space truly shine. This property offers a blank canvas, waiting for your vision to bring it to life. Two vacant lots (11415 Sorrento and 11433 Sorrento) are included in the sale, providing ample space for expansion or future development. The garage does need some rehab work, and the tub may require replacement or reglazing, but the home itself is solid and ready for a savvy buyer to complete the final touches.In the basement, there's potential to create a room with a partition wall, and possibly add a toilet, maximizing the home's living space. Located in Detroit just off Plymouth, you'll enjoy the convenience of having a park at the end of the street.Whether you're looking to renovate and flip or create a rental property, this home is primed for value growth. Great opportunity to finish the basement with drywall.

    Details

    Property type

    Single Family Residence

    Est. home value

    $49,437

    Lot size

    5,227 sq ft

    Price per sq ft

    $115

    Year built

    1951

    Annual property taxes

    $897

    HOA

    No

    Price History

    02/17/2025
    Realcomp

    Realcomp #20250010142

    Listed
    $110,000

    Schools & Community

    Neighborhood: 

    Barton-McFarland

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    Detroit

    Seller’s Loan History

    Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

    Lender

    Argent Mortgage Company Llc

    Loan start date

    May 2005

    Original loan amount

    $86,105

    Est. remaining balance

    Not provided

    Interest rate

    5.7%

    Loan type

    Fannie Mae/Freddie Mac, 30 year

    Seller

    Lucky Robinson

    Lender

    Argent Mortgage Company Llc

    Loan start date

    May 2005

    Original loan amount

    $86,105

    Est. remaining balance

    Not provided

    Interest rate

    5.7%

    Loan type

    Fannie Mae/Freddie Mac, 30 year

    Seller

    Lucky Robinson

    Source: Public records data

    If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

    How insights can help you

    Interest rate

    If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

    Motivation

    If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

    Equity

    If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

    Interested in learning more?

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    Status: Active

    Tomo last checked: 03/31/2025 at 5:55 AM

    Listing updated: 03/25/2025 at 9:17 AM

    Listed by: Tekeila Steen, Keller Williams Realty-Great Lakes Phone #: (586) 541-4000

    MLS: Realcomp #20250010142

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