12388 LORETTO Street Detroit, MI ^$ 65,000

12388 LORETTO Street

^$ 65,000

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12388 LORETTO Street

Detroit, MI, 48205

^$ 65,000

Bedrooms1 Baths1.0 Sq 632

Monthly Estimate*

^$ 454

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Single Family Home for sale in Detroit, MI

for $65,000 with 1 bedroom and 1 full bath. This 632 square foot home was built in 1927 on a lot size of 0.08.

This move-in ready gem on Detroit's eastside is ready for its new owner. With an intimate layout and recent renovations, as soon as you step through the door it will feel like home. Located right off of Gratiot and near the famous 8 mile, you will never run out of things to do. Book your showing right now! Buyer to pay $395 processing fee to listing broker. As-is sale. Buyer responsible for city inspections and/or requirements, if any exist. Seller financing / Land contract terms available at $75,000.00 purchase price, $18,000.00 down payment, 8% interest, 120 months Term. $692.00/month. Seller financing / Land contract terms are negotiable.

Single Family Active

Price

^$ 65,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 624

Style

Bungalow

Lot Size

0.08

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60296312

Features

General

Heating Forced Air

Kitchen Level Entry

Possession At Close

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1927

Subdivision J S VISGERS LORETTO (PLATS) MI

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Percent Ownership Private

Municipality Detroit

Structure Style 1 1/2 Story

Area Detroit (82001)

Primary City Detroit

Directions East of Gratiot and South of Houston Whittier

City Detroit

School District Detroit City School District

Street Name LORETTO

Financial Terms Cash Conventional

Legal Description S LORETTO 230 J S VISGERS LORETTO SUB L18 P67 PLATS W C R 21/436 30 X 110

DOM 27

Postal Code 48205

Price Per Sq Ft 102.85

Coming Soon This move-in ready gem on Detroit's eastside is ready for its new owner. With an intimate layout and recent renovations

Interior

Basement Unfinished

Beds 1

Fireplace? No

Total Rooms 5

Exterior

Exterior Aluminum

Frontage 30

Lot Size Area 0.08

Pool (Y/N) No

Lot Dimensions 30.00 x 110.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Derek Lievens

Listing Agent

Market Elite Inc

Broker

Derek@movingmetrodet.com

Affordability Calculator

$506

Per Month

Monthly Principal & Interest: $454
Monthly Property Taxes: $52
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$115,734

Percent of Sale Price 78%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$65,000		Listed Price

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12388 LORETTO Street, Detroit, MI, 48205 is a Single Family Home for sale at $65,000 with 632 sqft and a lot size of 0.08. 12388 LORETTO Street has 1 bedrooms, 1.0 baths, and was built in 1927. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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12388 LORETTO Street

Single Family Home for sale in Detroit, MI

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