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Sold for $80,000
  • $80,000

    1599 Magnolia Dr, Inkster, MI 48141

    3beds
    1,008sqft
    Single Family Residence
    Built in 1957
    5,662.8 Square Feet Lot
    $84,000 Zestimate®
    $79/sqft
    $1,279 Estimated rent

    Home value

    $84,000

    $75,000 - $94,000

    $1,279/mo

    Zestimate® history
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    $1,279/mo

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    $1,279/mo

    Rent Zestimate®

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    $460/mo

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    $460/mo

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    What's special

    Currently rented at $1200/mo, this stabilized single family is a great addition to your portfolio offering a 12% cash on cash return from day one. Dense, well-maintained block in Inkster. Three bedrooms, one full bathroom, large kitchen, fenced yard and stacked laundry unit make this a desirable and durable rental. You're guaranteed never to have an issue with water intrusion in the basement as it does not exist. Tenant pays all utilities. Showings require proof of funds or pre-approval.

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrett Blair 810-623-0228,

    Douglas Rose Realty,

    Cooper Przekop 248-880-2186,

    Douglas Rose Realty

    Bought with:

    Joseph Hammel, 6501422602

    Keller Williams Somerset

    Source: Realcomp II,MLS#: 20240092462MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Entry
    • Dimensions: 11 x 11
    Bedroom
    • Level: Entry
    • Dimensions: 11 x 12
    Bedroom
    • Level: Entry
    • Dimensions: 11 x 10
    Other
    • Level: Entry
    Heating
    • Baseboard, Electric
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,008 sqft
    • Finished area above ground: 1,008

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevel
    • Pool features: None
    Lot
    • Size: 5,662 sqft
    • Dimensions: 50.00 x 110.00
    Details
    • Parcel number: 44006010538000
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1957
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Inkster
    • Subdivision: DEARBORN HILLS MANOR SUB

    Other

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

    Price history

    DateEventPrice
    5/4/2026Listing removed$1,000$1/sqft
    Source: Zillow Rentals Report a problem
    5/1/2026Price change$1,000-16.7%$1/sqft
    Source: Zillow Rentals Report a problem
    4/22/2026Listed for rent$1,200$1/sqft
    Source: Zillow Rentals Report a problem
    4/22/2026Listing removed$1,200$1/sqft
    Source: Zillow Rentals Report a problem
    3/13/2026Price change$1,200-4%$1/sqft
    Source: Zillow Rentals Report a problem
    12/15/2025Price change$1,250-3.8%$1/sqft
    Source: Zillow Rentals Report a problem
    10/8/2025Listed for rent$1,300+8.3%$1/sqft
    Source: Zillow Rentals Report a problem
    4/11/2025Sold$80,000$79/sqft
    Source: Public Record Report a problem
    1/21/2025Sold$80,000-5.9%$79/sqft
    Source: Realcomp II #20240092462 Report a problem
    1/7/2025Pending sale$85,000$84/sqft
    Source: Realcomp II #20240092462 Report a problem
    12/16/2024Listed for sale$85,000$84/sqft
    Source: Realcomp II #20240092462 Report a problem
    3/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/10/2024Price change$1,200+20%$1/sqft
    Source: Zillow Rentals Report a problem
    11/4/2022Listed for rent$1,000+11.1%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    10/27/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    9/23/2022Listed for rent$900$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    9/7/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/13/2022Listed for rent$900$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/3/2020Listing removed$900$1/sqft
    Source: Suite Properties LLC Report a problem
    7/27/2020Listed for rent$900+12.5%$1/sqft
    Source: Suite Properties LLC Report a problem
    8/14/2017Listing removed$800$1/sqft
    Source: Portfolio Property Management Inc. Report a problem
    7/10/2017Listed for rent$800$1/sqft
    Source: Portfolio Property Management Inc. Report a problem
    4/11/2016Listing removed$800$1/sqft
    Source: Owner Report a problem
    3/17/2016Listed for rent$800$1/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $33,700 +21.7%
    2024-- $27,700 +23.7%
    2023-- $22,400 +7.2%
    2022-- $20,900 +14.8%
    2021-- $18,200
    2020$1,600 +31.2%$18,200 +21.3%
    2019$1,219 $15,000 +17.2%
    2018$1,219 $12,800 +2.4%
    2017-- $12,500 +7.8%
    2016$1,028 $11,600 -26.6%
    2015$1,028 -54.2%$15,800 -29.8%
    2013$2,245 +118.3%$22,500 -9.3%
    2012$1,028 $24,800 -20.3%
    2010-- $31,100 -6.9%
    2009-- $33,400 -16.5%
    2008-- $40,000
    2007-- $40,000 +9.9%
    2005$710 $36,400 +7.1%
    2003-- $34,000 +102.5%
    2001$947 +5.1%$16,793 +3.2%
    2000$901 $16,273

    Find assessor info on the county website

    Neighborhood: 48141

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $84,000
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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
    $84,000