Sold
464 W Greendale, Detroit, MI 48203
Sold on 08/01/2023 for$53,000
MLS # 2220032377 (Realcomp)
3 beds2 baths1,987 sqftBuilt 19230.12 acres
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Listing Description
National Real Estate Management Group is excited to announce your next investment opportunity. Located in Grixdale Farms, Highland Park, this beautiful Colonial style home includes three bedrooms and one full bath. Located only 10 minutes away from University of Detroit Mercy and Marygrove College and just 5 minutes away from the Detroit Golf Club, this is a great rental investment. This 3 bedroom colonial home has great accessibility to Downtown Ferndale or Downtown Detroit! The main floor features a natural fireplace and library/study. This home also features an unfinished attic space that would be great for storage or finished out for a children's playroom. Tenant occupied at $850/month. At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,987 sq ft home built in 1923 sits in State Fair in Detroit.
Closed at $53,000 (about $27/sq ft).
Estimated annual property tax: $1,123, or about $94 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,987 sqft
Lot Size0.12 acres
Year Built1923
Stories2
Location
CityDetroit
Zip Code48203
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionWood Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed8/16/2022
Sold Date7/31/2023
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$1,750
Tax Year2025
State Equalized Value$17,500
Assessed Value$17,500
Parcel #01005998.
Source: Public Records
Legal Description
N GREENDALE W 122 GRIX HOME PARK L29 P53 PLATS, W C R 1/172 50 X 102.65
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Connae Pisani
NREMG Realty
Frequently Asked Questions about 464 W Greendale, Detroit, MI 48203
What school district is 464 W Greendale, Detroit, MI 48203 in?
Per MLS# 2220032377, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 2220032377, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 2220032377, the most recent reported annual property tax for 464 W Greendale, Detroit, MI 48203 is $760. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 464 W Greendale, Detroit, MI 48203 eligible for USDA financing?
Per USDA Rural Development boundary data, 464 W Greendale, Detroit, MI 48203 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 464 W Greendale, Detroit, MI 48203 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
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Annual tax$1,123
Monthly$94
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$480
Principal & interest$386
Property taxes$94
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
464 W Greendale, Detroit, MI 48203
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Neighborhood
State Fair
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Community
Detroit
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County
Wayne County
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