Investors look no further for a turnkey asset with strong cash flow. This lovely 3 bedroom single family home comes professionally managed with the rental license completed and a cash tenant of 2 years that would like to stay. Current lease is m2m at 1300/mo so a savvy investor can earn well over a 12% net return. The home features an extra half bath, newer furnace and water heater, kitchen and bath updates 5 years ago, and lots of space both upstairs and downstairs. Located in Cadillac Heights, near Hamtramck and only 10 minutes from downtown Detroit.
*Calling for highest & best offers due 6/10/2024 by 4pm (est)
Sold for $78,000
$78,000
17520 Maine Ave, Detroit, MI 48212
3beds
1,308sqft
Single Family Residence
Built in 1972
3,049 Square Feet Lot
$73,400 Zestimate®
$60/sqft
$1,321 Estimated rent
Home value
$73,400
$58,000 - $91,000
$1,321/mo
Zestimate® history
Owner options
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$1,321/mo
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$1,321/mo
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$449/mo
Est. payment
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$449/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Timothy Moore 248-408-9453,
Zest Realty LLC
Bought with:
Safin Hossain, 6501454919
R2M Realty
Source: Realcomp II,MLS#: 20240035991
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 143
- Dimensions: 11 x 13
Bedroom
- Level: Upper
- Area: 110
- Dimensions: 10 x 11
Bedroom
- Level: Upper
- Area: 117
- Dimensions: 9 x 13
Other
- Level: Upper
- Area: 55
- Dimensions: 5 x 11
Other
- Level: Lower
- Area: 16
- Dimensions: 4 x 4
Other
- Level: Lower
- Area: 84
- Dimensions: 7 x 12
Family room
- Level: Upper
- Area: 176
- Dimensions: 11 x 16
Kitchen
- Level: Lower
- Area: 99
- Dimensions: 9 x 11
Laundry
- Level: Lower
- Area: 132
- Dimensions: 11 x 12
Living room
- Level: Lower
- Area: 252
- Dimensions: 12 x 21
Heating
- Forced Air, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,308 sqft
- Finished area above ground: 1,308
Property
Parking
- Parking features: No Garage
Features
- Levels: Bi Level
- Entry location: MidLevelwSteps
- Pool features: None
Lot
- Size: 3,049 Square Feet
- Dimensions: 40.00 x 72.00
Details
- Parcel number: W09I012473S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer, Sewer At Street
- Water: Public, Waterat Street
Community & HOA
Community
- Subdivision: FORDHAM (PLATS)
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $8,459
- Annual tax amount: $971
- Date on market: 5/24/2024
- Cumulative days on market: 21 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2024 | Pending sale | $70,000-10.3%$54/sqft |
Source:  Realcomp II #20240035991 Report a problem | ||
| 7/26/2024 | Sold | $78,000+11.4%$60/sqft |
Source: Realcomp II #20240035991 Report a problem | ||
| 5/24/2024 | Listed for sale | $70,000+66.7%$54/sqft |
Source: Realcomp II #20240035991 Report a problem | ||
| 3/8/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/22/2021 | Listed for rent | $1,000+25%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/26/2018 | Listing removed | $42,000$32/sqft |
Source: United Front Realty LLC #218066867 Report a problem | ||
| 7/20/2018 | Listed for sale | $42,000+255.9%$32/sqft |
Source: United Front Realty LLC #218066867 Report a problem | ||
| 5/6/2017 | Listing removed | $800$1/sqft |
Source: Impeccable Projects Report a problem | ||
| 4/6/2017 | Listed for rent | $800$1/sqft |
Source: Impeccable Projects Report a problem | ||
| 2/16/2017 | Sold | $11,800+4.1%$9/sqft |
Source: Public Record Report a problem | ||
| 1/12/2017 | Pending sale | $11,340$9/sqft |
Source: Keller Williams - Royal Oak #216096964 Report a problem | ||
| 1/11/2017 | Price change | $11,340-10%$9/sqft |
Source: Keller Williams - Royal Oak #216096964 Report a problem | ||
| 12/31/2016 | Listed for sale | $12,600$10/sqft |
Source: Keller Williams - Royal Oak #216096964 Report a problem | ||
| 12/27/2016 | Pending sale | $12,600$10/sqft |
Source: Keller Williams - Royal Oak #216096964 Report a problem | ||
| 12/15/2016 | Listed for sale | $12,600$10/sqft |
Source: Keller Williams - Royal Oak #216096964 Report a problem | ||
| 11/28/2016 | Pending sale | $12,600$10/sqft |
Source: Keller Williams - Royal Oak #216096964 Report a problem | ||
| 11/15/2016 | Price change | $12,600-10%$10/sqft |
Source: Keller Williams - Royal Oak #216096964 Report a problem | ||
| 10/4/2016 | Listed for sale | $14,000-74.4%$11/sqft |
Source: Keller Williams Royal Oak Market Center #216096964 Report a problem | ||
| 12/13/2013 | Sold | $54,738$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $12,100 +23.5% |
| 2024 | -- | $9,800 -5.8% |
| 2023 | -- | $10,400 +33.3% |
| 2022 | -- | $7,800 -20.4% |
| 2021 | -- | $9,800 |
| 2020 | $1,106 +32.5% | $9,800 +2.1% |
| 2019 | $834 | $9,600 +10.3% |
| 2018 | $834 | $8,700 +3.6% |
| 2017 | -- | $8,400 -74.8% |
| 2016 | $1,557 | $33,300 +137.9% |
| 2015 | $1,557 -11.1% | $14,000 -20% |
| 2013 | $1,751 +12.4% | $17,509 -31.8% |
| 2010 | $1,557 | $25,670 -12% |
| 2009 | -- | $29,170 -13.5% |
| 2008 | -- | $33,723 |
| 2007 | -- | $33,723 +5.5% |
| 2005 | $367 | $31,965 +3% |
| 2004 | -- | $31,034 |
Find assessor info on the county website
Neighborhood: Cadillac Heights
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Nearby schools
GreatSchools rating
- 3/10Nolan Elementary-Middle SchoolGrades: PK-8Distance: 1.3 mi
- 2/10Pershing High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$73,400
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Estimated market value
$73,400
- Michigan
- Wayne County
- Detroit
- 48212
- Cadillac Heights
- 17520 Maine Ave
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