Sold for $75,000

$75,000

2063 E Outer Dr, Detroit, MI 48234

3beds

1,072sqft

Single Family Residence

Built in 1944

5,227 Square Feet Lot

$80,100 Zestimate^®

$70/sqft

$1,294 Estimated rent

Home value

$80,100

$65,000 - $97,000

$1,294/mo

Zestimate^® history

Owner options

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$1,294/mo

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$1,294/mo

Rent Zestimate^®

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$431/mo

Est. payment

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$431/mo

Est. payment

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What's special

Discover a lucrative investment opportunity in the city of Detroit! This well maintained rental property offers a secure and steady income stream with a reliable tenant in place, paying $1,000/month. The lease is valid through 1/31/2024. What's more, this property is city certified as a rental until 6/18/2025, providing peace of mine and hassle free ownership. Don't miss out on this turnkey investment! Showings only considered with an accepted offer to preserve tenant's right to quiet enjoyment. Photos were taken prior to tenant moving in. DO NOT APPROACH OR DISTURB THE TENANT.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Level: Second
Dimensions: 24 x 13

Bedroom

Level: Entry
Dimensions: 10 x 11

Bedroom

Level: Entry
Dimensions: 13 x 10

Other

Level: Entry

Other

Level: Basement

Other

Level: Entry
Dimensions: 10 x 12

Kitchen

Level: Entry
Dimensions: 11 x 10

Living room

Level: Entry
Dimensions: 14 x 13

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,072 sqft
Finished area above ground: 1,072

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 5,227 Square Feet
Dimensions: 42.00 x 120.00

Details

Parcel number: W13I008960S
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1944

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: MELIN SUB (PLATS)

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $70/sqft
Tax assessed value: $10,599
Annual tax amount: $984
Date on market: 9/14/2023
Cumulative days on market: 44 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Warranty Deed

Price history

Date	Event	Price
3/28/2024	Sold	$75,000-6.1%$70/sqft
Source: Realcomp II #20230077976 Report a problem
2/29/2024	Pending sale	$79,900$75/sqft
Source: Realcomp II #20230077976 Report a problem
2/26/2024	Listed for sale	$79,900$75/sqft
Source: Realcomp II #20230077976 Report a problem
1/16/2024	Pending sale	$79,900$75/sqft
Source: Realcomp II #20230077976 Report a problem
1/9/2024	Listed for sale	$79,900$75/sqft
Source: Realcomp II #20230077976 Report a problem
10/18/2023	Pending sale	$79,900$75/sqft
Source: Realcomp II #20230077976 Report a problem
9/14/2023	Listed for sale	$79,900+187.4%$75/sqft
Source: Realcomp II #20230077976 Report a problem
12/2/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
11/22/2022	Listed for rent	$1,050$1/sqft
Source: Zillow Rental Network_1 Report a problem
9/16/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
9/7/2022	Listed for rent	$1,050$1/sqft
Source: Zillow Rental Network_1 Report a problem
8/1/2017	Sold	$27,800+11.2%$26/sqft
Source: Public Record Report a problem
5/8/2017	Listed for sale	$25,000-43.8%$23/sqft
Source: National Realty Centers, Inc #217036989 Report a problem
10/2/2012	Sold	$44,500+206.9%$42/sqft
Source: Public Record Report a problem
6/11/2008	Sold	$14,500-86.3%$14/sqft
Source: Public Record Report a problem
10/30/2006	Sold	$106,027$99/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$29,300 +24.7%
2024	--	$23,500 +23.7%
2023	--	$19,000 +25%
2022	--	$15,200 +16%
2021	--	$13,100
2020	$616 -42.9%	$13,100 +24.8%
2019	$1,079	$10,500 +8.2%
2018	$1,079	$9,700 +2.1%
2017	--	$9,500 -65.6%
2016	$1,496	$27,600 +168%
2015	$1,496 +16.7%	$10,300 -19.7%
2013	$1,283 -14.3%	$12,827 -31.8%
2010	$1,496	$18,806 -12%
2009	--	$21,371 -42.9%
2008	--	$37,423
2007	--	$37,423 +5.5%
2005	$324	$35,472 +3%
2004	--	$34,439 +42.3%
2001	$1,575 +12.2%	$24,200 +3.2%
2000	$1,403	$23,450