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Sold for $95,000
  • $95,000

    14047 Marlowe St, Detroit, MI 48227

    3beds
    1,441sqft
    Single Family Residence
    Built in 1927
    3,484 Square Feet Lot
    $81,200 Zestimate®
    $66/sqft
    $1,534 Estimated rent

    Home value

    $81,200

    $64,000 - $99,000

    $1,534/mo

    Zestimate® history
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    $1,534/mo

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    What's special

    Colonial homeAmple living spaceColonial architectureSpacious layout
    Can be purchased in a package deal! 10% off discount if purchased with 20110 Stotter - another amazing occupied investment property. Welcome to 14047 Marlowe St., a fantastic property that comes with the security of a Section 8 lease. This 3-bedroom, 1-bathroom residence offers a unique opportunity for savvy investors looking to add a valuable asset to their portfolio. Situated in Detroit, Michigan, this property is strategically located in an area with potential for growth and development. Take advantage of the city's revitalization and be part of its promising future. The spacious layout of this colonial home makes it an ideal rental property. With three bedrooms, tenants will enjoy comfort and ample living space, contributing to long-term tenant satisfaction. This property comes with the added benefit of a tenant already on a Section 8 lease. Enjoy the stability and guaranteed income that comes with this government-backed program, providing a reliable source of rental payments. Whether you're a seasoned investor or just starting, 14047 Marlowe St. is a great addition to your portfolio. The property's current Section 8 lease offers a hassle-free investment experience, and Detroit's ongoing urban development makes it an attractive market for real estate investments. Detroit is experiencing a resurgence, and investing in this property puts you in a position to benefit from potential future appreciation. Take advantage of the increasing demand for rental properties in this evolving market. The home's colonial architecture adds character and appeal, making it an attractive option for potential tenants. Invest in a property that not only provides financial returns but also stands out in the market. Don't miss out on this incredible investment opportunity at 14047 Marlowe St. Secure your future with a property that combines the stability of a Section 8 lease, the potential for appreciation, a

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan C Robson 888-501-7085,

    EXP Realty Main

    Bought with:

    Jennifer Anthony, 6502397112

    Rockpoint Properties LLC

    Source: Realcomp II,MLS#: 20240005283MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Second
    • Dimensions: 11 x 11
    Bedroom
    • Level: Second
    • Dimensions: 10 x 12
    Bedroom
    • Level: Second
    • Dimensions: 10 x 10
    Other
    • Level: Second
    • Dimensions: 8 x 12
    Dining room
    • Level: Entry
    • Dimensions: 13 x 13
    Kitchen
    • Level: Entry
    • Dimensions: 15 x 12
    Living room
    • Level: Entry
    • Dimensions: 18 x 24
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,441 sqft
    • Finished area above ground: 1,441

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 35.00 x 100.00
    Details
    • Parcel number: W22I041358S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1927
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & HOA

    Community
    • Subdivision: B E TAYLORS MONMOOR (PLATS)
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $66/sqft
    • Tax assessed value: $20,300
    • Annual tax amount: $1,888
    • Date on market: 1/26/2024
    • Cumulative days on market: 63 days
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    5/24/2024Sold$95,000-13.6%$66/sqft
    Source: Realcomp II #20240005283 Report a problem
    4/29/2024Pending sale$109,900$76/sqft
    Source: Realcomp II #20240005283 Report a problem
    4/11/2024Listed for sale$109,900$76/sqft
    Source: Realcomp II #20240005283 Report a problem
    3/11/2024Pending sale$109,900$76/sqft
    Source: Realcomp II #20240005283 Report a problem
    2/8/2024Price change$109,900-7.6%$76/sqft
    Source: Realcomp II #20240005283 Report a problem
    2/4/2024Price change$118,900-0.9%$83/sqft
    Source: Realcomp II #20240005283 Report a problem
    1/27/2024Listed for sale$120,000+140%$83/sqft
    Source: Realcomp II #20240005283 Report a problem
    10/12/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/19/2022Price change$1,300-3.7%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    7/14/2022Price change$1,350-3.6%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/22/2022Listed for rent$1,400$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    3/7/2022Sold$50,000$35/sqft
    Source: Public Record Report a problem
    2/24/2022Pending sale$50,000$35/sqft
    Source: Realcomp II #2220009955 Report a problem
    2/17/2022Listed for sale$50,000+5782.4%$35/sqft
    Source: Realcomp II #2220009955 Report a problem
    2/15/2022Listing removed--
    Source: Realcomp II #2220009480 Report a problem
    2/13/2022Pending sale$850$1/sqft
    Source: Realcomp II #2220009480 Report a problem
    2/12/2022Price change$850-98.3%$1/sqft
    Source: Realcomp II #2220009480 Report a problem
    2/12/2022Listed for sale$50,000+25%$35/sqft
    Source: Realcomp II #2220009397 Report a problem
    11/23/2021Listing removed--
    Source: Realcomp II #2210073748 Report a problem
    11/5/2021Pending sale$40,000$28/sqft
    Source: AAABOR #486692205 Report a problem
    11/2/2021Listed for sale$40,000$28/sqft
    Source: AAABOR #486646999 Report a problem
    10/12/2021Listing removed--
    Source: Realcomp II #2210073748 Report a problem
    10/4/2021Pending sale$40,000$28/sqft
    Source: Realcomp II #2210073748 Report a problem
    9/3/2021Listed for sale$40,000+344.4%$28/sqft
    Source: Realcomp II #2210073748 Report a problem
    12/5/2010Listing removed$9,000$6/sqft
    Source: Keller Williams Realty Detroit Market center #210101518 Report a problem
    11/10/2010Price change$9,000-25%$6/sqft
    Source: Keller Williams Realty Detroit Market center #210101518 Report a problem
    9/15/2010Listed for sale$12,000+1233.3%$8/sqft
    Source: KELLER WILLIAMS RLTY DET MARKET CENTER #210101518 Report a problem
    2/12/2009Sold$900-95%$1/sqft
    Source: Public Record Report a problem
    3/26/2008Sold$18,000-78.4%$12/sqft
    Source: Public Record Report a problem
    9/12/2007Sold$83,500$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $25,200 +24.1%
    2024-- $20,300 +26.1%
    2023-- $16,100 +35.3%
    2022-- $11,900 -3.3%
    2021-- $12,300
    2020$1,464 +53.3%$12,300 +25.5%
    2019$955 $9,800 +18.1%
    2018$955 $8,300 +2.5%
    2017-- $8,100 +28.6%
    2016$1,112 $6,300
    2015$1,112 +24.9%$6,300 -29.3%
    2013$891 -19.9%$8,906 -30.2%
    2010$1,112 $12,760 -12%
    2009-- $14,500 -14.5%
    2008-- $16,959
    2007-- $16,959 +5.5%
    2005$101 $16,075 +3%
    2004-- $15,607
    Find assessor info on the county website

    Neighborhood: Hubbell-Lyndon

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $81,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $81,200