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$122,000

Beds
3
Baths
1.0
sq ft
1,480

19385 Concord St, Detroit, MI 48234

19385 Concord St

Detroit, MI 48234

  • 94 days on market
    • Price drop $1,000↓
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.05%. Property features a 3 bedroom 1 bathroom, tenant with a Government Housing Assisted Agency on a yearly lease with a rent of $1,350/month. Seller has other similar properties for sale. Seller and agent are related.

Details

Property type

Single Family Residence

Est. home value

$51,658

Lot size

4,356 sq ft

Price per sq ft

$83

Year built

1941

Annual property taxes

$1,553

Price History

02/17/2025
Realcomp

Realcomp #81024060171

Price change
$122,000
-0.81%
11/19/2024
Realcomp

Realcomp #81024060171

Listed
$123,000
+252.44%
11/15/2022
Realcomp

Realcomp #2210096314

Sold
$34,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Comerica Bank

Loan start date

May 2005

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Not Provided

Seller

William Wise and Dorothy P Wise

Lender

Comerica Bank

Loan start date

May 2005

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Not Provided

Seller

William Wise and Dorothy P Wise

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: 02/22/2025 at 4:05 PM

Listing updated: 02/17/2025 at 10:39 AM

Listed by: Roxana Yeh, Roxana Yeh, 3DX Real Estate, LLC.3DX Real Estate, LLC. Phone #: (888) 304-1447

MLS: Realcomp #81024060171

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