tomo logo

$75,000

Beds
3
Baths
1.5
sq ft
1,629

12880 Riad St, Detroit, MI 48224

12880 Riad St

DetroitCity_Wayne, MI 48224

  • 1 day on market
This is the perfect starter home for any small family! New hot water tank, newer furnace, freshly painted throughout, updated kitchen, and new floor and vanity in bathroom. A completely covered back porch with windows, original hardwood floors throughout the 1st floor. The basement has a large bathroom that could easily have a shower installed. This house packs a lot of punch for the price! Sold As Is. At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.

Details

Property type

Single Family Residence

Est. home value

$70,625

Lot size

5,227 sq ft

Price per sq ft

$47

Year built

1943

Annual property taxes

$1,540

HOA

No

Price History

04/01/2025
Realcomp

Realcomp #20250020672

Listed
$75,000
+200%
05/12/2017
Realcomp

Realcomp #217015284

Sold
$25,000
+72.41%
10/08/2014
MiRealSource

MiRealSource #31203662

Sold
$14,500

Schools & Community

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

Quicken Loans Inc

Loan start date

March 2009

Original loan amount

$112,230

Est. remaining balance

$72,536

Interest rate

4.96%

Loan type

FHA, 30 year

Seller

Mckenneth Fields and Lakisha Fields

Lender

Quicken Loans Inc

Loan start date

March 2009

Original loan amount

$112,230

Est. remaining balance

$72,536

Interest rate

4.96%

Loan type

FHA, 30 year

Seller

Mckenneth Fields and Lakisha Fields

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?

Status: Active

Tomo last checked: 04/02/2025 at 7:20 PM

Listing updated: 04/02/2025 at 3:46 PM

Listed by: Gideon T Jones, NREMG Realty Phone #: (313) 763-0323

MLS: Realcomp #20250020672

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