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$130,000

Beds
3
Baths
2.0
sq ft
1,263

20447 Spencer St, Detroit, MI 48234

20447 Spencer St

Detroit, MI 48234

  • 16 days on market
This charming brick bungalow on Detroit’s east side has been beautifully updated and offers great potential. Featuring 3 bedrooms, Living room, Dinning room, 2 full baths, and classic hardwood floors, the home boasts numerous upgrades, including new appliances, very good working furnace, and a natural wood-burning fireplace. With strong comparable sales in the area, this move-in-ready property presents a fantastic opportunity for homeowners and investors alike. Don't miss out on this exceptional find!

Details

Property type

Single Family Residence

Est. home value

$76,661

Lot size

3,920 sq ft

Price per sq ft

$103

Year built

1941

Annual property taxes

$955

Price History

02/05/2025
Realcomp

Realcomp #20250007983

Listed
$130,000
+128.07%
11/11/2024
Realcomp

Realcomp #20240074001

Sold
$57,000
-12.31%
10/18/2024
Realcomp

Realcomp #20240074001

Pending
$65,000

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

Michigan Mutual Inc

Loan start date

October 2007

Original loan amount

$97,389

Est. remaining balance

$63,490

Interest rate

6.45%

Loan type

FHA, 30 year

Seller

Richard Johnson Jr and Sonya Johnson

Lender

Michigan Mutual Inc

Loan start date

October 2007

Original loan amount

$97,389

Est. remaining balance

$63,490

Interest rate

6.45%

Loan type

FHA, 30 year

Seller

Richard Johnson Jr and Sonya Johnson

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 6:25 AM

Listing updated: 02/07/2025 at 6:04 AM

Listed by: Faruque Miah, R2M Realty Phone #: (248) 688-7838

MLS: Realcomp #20250007983

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