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$124,990

Beds
3
Baths
1.0
sq ft
1,445

438 Newport St, Detroit, MI 48215

438 Newport St

Detroit, MI 48215

  • 4 days on market
LOCATED IN JEFFERSON CHALMERS JUST MINUTES FROM GROSSE POINTE PARK AND DOWN THE STREET FROM BELLE ISLE YOU WILL FIND 438 NEWPORT ST. NESTLED ON A HUGE 4,800 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A NEWER ROOF AND HAS BEEN RECENTLY REMODELED. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEW FURNACE AND HOT WATER TANK. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW VINYL FLOORING AND CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED WITH A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS ARE $1409-FULLY PAID BY SECTION 8. TENANT PAYS ALL THE UTILITIES OTHER THAN WATER. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Details

Property type

Single Family Residence

Est. home value

$97,081

Lot size

4,792 sq ft

Price per sq ft

$87

Year built

1924

Annual property taxes

$1,700

Price History

02/17/2025
Realcomp

Realcomp #20250010555

Listed
$124,990
+149.98%
01/24/2025
Realcomp

Realcomp #20240068519

Sold
$50,000
-16.67%
01/07/2025
Realcomp

Realcomp #20240068519

Pending
$60,000

Schools & Community

Neighborhood: 

Jefferson Chalmers

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

Kiavi Funding Inc

Loan start date

May 2022

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

4.67%

Loan type

Commercial

Seller

Guardian Capital Group Llc

Lender

Kiavi Funding Inc

Loan start date

May 2022

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

4.67%

Loan type

Commercial

Seller

Guardian Capital Group Llc

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 3:50 PM

Listing updated: 02/18/2025 at 2:11 PM

Listed by: Marta Kopania, Marta Kopania, Downtown RealtyDowntown Realty Phone #: (313) 466-7253

MLS: Realcomp #20250010555

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