48280 Rex Street
Shelby Twp, MI, 48317 $ 199,500
Bedrooms3 Baths1.1 Sq 1,241 Monthly Estimate*
$ 1,378
for $199,500 with 3 bedrooms and 1 full bath, 1 half bath. This 1,241 square foot home was built in 1963 on a lot size of 0.25.
Appropriately named street .. REX stands for Real Estate X-itement! Hereâs your chance to unlock the potential of a property with good bones in an amazing location with homes ranging $300K-$500K. This home needs some love and what's better than this, just in time for Sweetest Day! Whether youâre looking for your next investment project or hoping to create a home tailored to your own taste and style, this property offers an opportunity to put your ideas to work and build equity through improvements. **POSITIVES: newer furnace, newer water heater, new toilets, solid full brick house, full basement standing strong, old school ceramic bathroom in great condition, wet plaster/coved ceilings, birch doors. House was professionally sanitized and ductwork cleaned. Kitchen boasts pantry, large dining area, and cabinets have refurbish potential. Large cedar deck (verify) needs power washing and appears solid. High garage ceiling (potential lift of loft storage). Gigantic backyard, fully fenced and ready for kiddos, doggos, or who-knows! Buyer(s) to make their own observations; this is not a representation of condition of this property. *Mortgage offers may be considered ONLY if they are investor/portfolio type mortgages whereby the property condition has little to no factor in the lender's ability to approve the loan. *DO NOT TRESPASS, YOU MAY BE UNDER VIDEO SURVEILLANCE** ANYONE ON THE PROPERTY MUST BE ACCOMPANIED BY A LICENSED REAL ESTATE AGENT. ALL OFFERS DOCUMENTS MUST BE COMPLETELY/PROPERLY WRITTEN, PROOF OF CASH FUNDS MATCHING THE SAME NAME OF THE NAMED PURCHASER THE PURCHASE AGREEMENT, MORTGAGE OFFERS (SEE ABOVE). **EXPECT EXTREME COMPETITION** **SELLER MAY NOT REVIEW OFFERS OR ACCEPT AN OFFER UNTIL THE PROPERTY HAS BEEN ON THE MARKET 4 DAYS (LIST PRICE MAY INCREASE BASED ON DEMAND/OFFERS RECEIVED). PROPERTY'S HOMESTEAD STATUS IS NOT GUARANTEED. ATTENTION AGENTS: READ 'AGENT REMARKS' IN THE FULL LISTING VERSION IN MLS SYSTEM FOR OFFER SUBMISSION INFO & DETAILS.
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FeaturesInteriorInterior Amenities Hardwood Floors Sump Pump
Basement Block Full
Bedroom 3 Level First
Bedroom 1 Level First
Bedroom 2 Level First
Beds 3
Fireplace? No
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GeneralHeating Forced Air
Kitchen Level First
Cooling Ceiling Fan(s) Central A/C
Possession At Close
Garage Attached Garage Electric in Garage Gar Door Opener
Water Public Water
Appliances Range/Oven Refrigerator
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1963
Parking Garage On Street Paved Driveway
Subdivision Shearer Sub MI
Water Heater Gas
Style Ranch
County Macomb
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Shelby Twp
New Construction Y/N No
Electric Circuit Breakers
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Shelby Twp (50007)
Primary City Shelby Twp
Directions South off of 22 Mile Road onto Rex St. OR Northeast off Shelby Road.
City Shelby Twp
School District Utica Community Schools
Financial Terms Cash Conventional
Legal Description L 30 SHEARER SUB'N LOT 30. LIBER 47 PAGE 25
DOM 0
Postal Code 48317
Price Per Sq Ft Total AG 160.76
Public Remarks
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ExteriorExterior Brick
Frontage 80
Lot Size Area 0.25
Pool (Y/N) No
Lot Dimensions 80 X 142
Well/Septic Inspection Done No
Roads Paved Street
Waterfront Y/N No
Frontage Type Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,378
- Monthly Property Taxes
- $204
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Shelby Twp, MI
Average List Price $579,199
Percent of Sale Price 190%
Trends Information provided by ATTOM Data Solutions.
759666 Elementary School
759828 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $199,500 | | Listed Price |