20425 Santa Barbara Drive Detroit, MI $ 20,000
20425 Santa Barbara Drive
$ 20,000
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20425 Santa Barbara Drive

Detroit, MI, 48221
$ 20,000
Bedrooms3 Baths1.0 Sq 1,328

Monthly Estimate*

$ 140

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Single Family Home for sale in Detroit, MI

for $20,000 with 3 bedrooms and 1 full bath. This 1,328 square foot home was built in 1922 on a lot size of 0.22.

Full rehab needed, but great upside as either section 8 or flip. Welcome to this exquisite property, a hidden gem nestled behind a curtain of magnificent trees and lush bushes. As you approach, a sense of enchantment takes hold, unveiling a picturesque setting that exudes natural beauty and tranquility. This house presents an exceptional investment opportunity for several reasons. Firstly, its prime location ensures high demand from potential buyers or renters, offering a strong rental income or a profitable resale value. Secondly, the property's timeless design and Finally, the potential for expansion or customization allows for further value appreciation and the ability to tailor the property to suit market trends and preferences. The option for a land-contract will also allow the investor to utilize a smaller investment in order to maximize funds for rehab. Land Contract Price is $29,000.00 BAO. Must have 620 credit score or higher. Comp1: 19928 Wisconsin sold for 165k 11/4/22 Comp2: 20418 Northlawn sold for 181k 10/18/22

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Single Family Pending

Price

$ 20,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,107

Style

Colonial

Lot Size

0.22

Year Built

1922

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230040475

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Fireplace 0
Street Suffix Drive
Beds Total 3
Total Baths 1.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Pool Y/N 0
Full Baths 1
Half Baths 0
Year Built 1922
Property Type Residential
Warranty No
Subdivision Name GARDEN HOMES (PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Pending
Short Sale No
Cumulative Days on Market 162
MLS Area Det 6-8 Grfld-Dequindre
Directions Take Eight Mile to Santa Barbara then South.
City Detroit
Terms Offered Cash Contract
School District Detroit
Land Contract 1
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name SANTA BARBARA
Homestead 0
Assessment 240.00
Total Sq Ft 1328
DOM 162
Taxes 1107.0000
HOA Fee 0
Legal Description W SANTA BARBARA DR 203 GARDEN HOMES SUB L29 P84 PLATS W C R 16/298 50 X 194
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Exterior
Waterfront 0
Exterior Vinyl
Garage Capacity No Garage
Lot Size Area 0.22
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 50.00 x 194.00
Garage Y/N 0
Architecture Level 2 Story
Architecture Style Colonial
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Phillip VanBuren

Listing Agent

Home Negotiators Llc

Broker

(313) 622-1456

Phone

Affordability Calculator

$232
Per Month
60%
40%
0%
Monthly Principal & Interest
$140
Monthly Property Taxes
$92
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2023$20,000 -4.31% Price Down
9/14/2023$20,900 -16.06% Price Down
8/30/2023$24,900 -7.78% Price Down
8/14/2023$27,000 -6.90% Price Down
7/5/2023$29,000 -17.14% Price Down
6/5/2023$35,000 -7.28% Price Down
6/5/2023$37,750 -5.51% Price Down
5/30/2023$39,950 -6.00% Price Down
5/25/2023$42,500 Listed Price

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20425 Santa Barbara Drive, Detroit, MI, 48221 is a Single Family Home for sale at $20,000 with 1,328 sqft and a lot size of 0.22. 20425 Santa Barbara Drive has 3 bedrooms, 1.0 baths, and was built in 1922. The property's zip code is 48221 which is in Detroit, MI