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Sold for $58,750
  • $58,750

    12718 Payton St, Detroit, MI 48224

    3beds
    711sqft
    Single Family Residence
    Built in 1944
    4,791.6 Square Feet Lot
    $57,200 Zestimate®
    $83/sqft
    $1,225 Estimated rent

    Home value

    $57,200

    $46,000 - $70,000

    $1,225/mo

    Zestimate® history
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    Owner options

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    $1,225/mo

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    $1,225/mo

    Rent Zestimate®

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    $338/mo

    Est. payment

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    $338/mo

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    What's special

    Welcome to an exceptional investment opportunity! This property comes complete with a dependable tenant, offering hassle-free income from day one. Currently rented at $900 per month on a month-to-month basis, this arrangement provides flexibility and consistent rental income. Invest with confidence, knowing that this property comes with a proven rental history. The existing tenant's track record guarantees reliable income. Property being sold as is. All dimensions are estimated and should be verified. Pictures of inside of home taken before tenant moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.**

    Zillow last checked:

    Listing updated:

    Listed by:

    Bailee Clanton 313-774-4005,

    Home Source Realty LLC

    Bought with:

    Jim Shaffer, 6502380733

    Good Company

    Source: Realcomp II,MLS#: 20230067082MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Entry
    • Dimensions: 10 x 11
    Bedroom
    • Level: Upper
    • Dimensions: 13 x 15
    Bedroom
    • Level: Entry
    • Dimensions: 10 x 10
    Other
    • Level: Entry
    Kitchen
    • Level: Entry
    • Dimensions: 9 x 13
    Living room
    • Level: Entry
    • Dimensions: 10 x 13
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 711 sqft
    • Finished area above ground: 711

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One and One Half
    • Stories: 1
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 4,791 sqft
    • Dimensions: 40.00 x 122.00
    Details
    • Parcel number: W21I057484S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1944

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: SEVEN MILE CADIEUX SUB NO 6

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/8/2023Sold$58,750+7%$83/sqft
    Source: Realcomp II #20230067082 Report a problem
    11/12/2018Sold$54,900+7.9%$77/sqft
    Source: Public Record Report a problem
    3/8/2018Sold$50,900-28.1%$72/sqft
    Source: Public Record Report a problem
    6/26/2007Sold$70,804-40%$100/sqft
    Source: Public Record Report a problem
    10/20/2006Sold$118,000+58.9%$166/sqft
    Source: Public Record Report a problem
    6/19/2006Sold$74,274+23.8%$104/sqft
    Source: Public Record Report a problem
    4/26/2002Sold$60,000+150%$84/sqft
    Source: Public Record Report a problem
    1/9/1995Sold$24,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $11,900 +19%
    2024-- $10,000 +12.4%
    2023-- $8,900 +21.9%
    2022-- $7,300 +5.8%
    2021-- $6,900
    2020$686 +3.4%$6,900 +39.4%
    2019$664 $4,950 +1%
    2018$664 $4,900 -2%
    2017-- $5,000 -24.2%
    2016$2,035 $6,600
    2015$2,035 +11%$6,600 -64%
    2013$1,833 -9.9%$18,326 -31.8%
    2010$2,035 $26,868 -12%
    2009-- $30,532 -13.5%
    2008-- $35,297
    2007-- $35,297 +5.5%
    2005$392 $33,457 +3%
    2004-- $32,483 +106.7%
    2001$1,023 +12.2%$15,712 +3.2%
    2000$911 $15,225

    Find assessor info on the county website

    Neighborhood: Moross-Morang

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $57,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $57,200