Unlock the potential of this lucrative investment opportunity on Detroit's East side! Presenting a recently renovated bungalow that promises not only a modern living space but a steady income stream. The property has undergone a complete transformation including a new roof, windows, furnace, and water tank all in 2022. Currently occupied by a reliable Section 8 tenant paying $1,000/month, this bungalow is a turnkey investment opportunity. Don't miss out on this chance to capitalize on Detroit's thriving real estate market! The tenant's lease is valid through April 30, 2024.
Sold for $72,500
$72,500
20001 Concord St, Detroit, MI 48234
3beds
915sqft
Single Family Residence
Built in 1944
4,356 Square Feet Lot
$62,000 Zestimate®
$79/sqft
$1,196 Estimated rent
Home value
$62,000
$47,000 - $79,000
$1,196/mo
Zestimate® history
Owner options
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$1,196/mo
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$417/mo
Est. payment
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$417/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kathlene Mitchell 586-298-2216,
Rondo Investment LLC
Bought with:
David Rabior, 6501406276
Clyde Realty LLC
Source: Realcomp II,MLS#: 20230100679
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Second
- Dimensions: 18 x 14
Bedroom
- Level: Entry
- Dimensions: 11 x 10
Bedroom
- Level: Entry
- Dimensions: 11 x 10
Other
- Level: Entry
Kitchen
- Level: Entry
- Dimensions: 10 x 12
Living room
- Level: Entry
- Dimensions: 14 x 12
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 915 sqft
- Finished area above ground: 915
Property
Parking
- Parking features: No Garage
Features
- Levels: One and One Half
- Stories: 1.5
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 35.00 x 119.00
Details
- Parcel number: W15I011321S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: CUMMISKEYS OUTER BLVD SUB
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $11,025
- Annual tax amount: $948
- Date on market: 11/30/2023
- Cumulative days on market: 15 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2024 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/29/2024 | Listed for rent | $1,350+35%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2024 | Sold | $72,500$79/sqft |
Source:  Realcomp II #20230100679 Report a problem | ||
| 12/15/2023 | Pending sale | $72,500$79/sqft |
Source: Realcomp II #20230100679 Report a problem | ||
| 11/30/2023 | Listed for sale | $72,500+7150%$79/sqft |
Source: Realcomp II #20230100679 Report a problem | ||
| 3/21/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/18/2022 | Listed for rent | $1,000+66.7%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source:  Detroit Land Bank Authority Report a problem | ||
| 2/5/2021 | Listed for sale | $1,000$1/sqft |
Source: Detroit Land Bank Authority Report a problem | ||
| 5/16/2020 | Listing removed | $1,000$1/sqft |
Source: Detroit Land Bank Authority Report a problem | ||
| 1/25/2020 | Listed for sale | $1,000$1/sqft |
Source: Detroit Land Bank Authority Report a problem | ||
| 8/24/2019 | Listing removed | $1,000$1/sqft |
Source: Detroit Land Bank Authority Report a problem | ||
| 7/4/2019 | Listed for sale | $1,000$1/sqft |
Source: Detroit Land Bank Authority Report a problem | ||
| 4/8/2014 | Listing removed | $600$1/sqft |
Source: A&A Rental Pros LLC Report a problem | ||
| 11/6/2013 | Price change | $600-7.7%$1/sqft |
Source: A&A Rental Pros LLC Report a problem | ||
| 10/27/2013 | Listed for rent | $650$1/sqft |
Source: A&A Rental Pros LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $15,700 +23.6% |
| 2024 | -- | $12,700 +21% |
| 2023 | -- | $10,500 |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | $4,700 +20.5% |
| 2017 | -- | $3,900 -67.5% |
| 2016 | $1,089 | $12,000 +73.9% |
| 2015 | $1,089 +25.6% | $6,900 -20.4% |
| 2013 | $867 -20.4% | $8,670 -31.8% |
| 2010 | $1,089 | $12,712 -12% |
| 2009 | -- | $14,446 -13.5% |
| 2008 | -- | $16,700 |
| 2007 | -- | $16,700 +5.5% |
| 2005 | $192 | $15,829 +3% |
| 2004 | -- | $15,368 |
Find assessor info on the county website
Neighborhood: Sherwood
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Nearby schools
GreatSchools rating
- 4/10Marion Law AcademyGrades: PK-8Distance: 0.4 mi
- 3/10Osborn Academy Of MathematicsGrades: 9-12Distance: 1.7 mi
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- Michigan
- Wayne County
- Detroit
- 48234
- Sherwood
- 20001 Concord St
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