Sold

5581 MARSEILLES Street, Detroit, MI 48224

Sold on 09/28/2021 for$50,000

MLS # 2210016642 (Realcomp)

3 beds1 bath1,192 sqftBuilt 19490.13 acres

Listing Description

Attention Investors: Cute and Cozy 3 Bedroom Ranch! Section 8 Occupied! Long Term Tenant Paying $850 A Month. B.A.T.V.A.I Buyer Agent is required to be physically present for all showings. Please do not disturb the tenant! Showings will be allowed after offer is accepted.

Source: SparkMLS

About this home

Located in Detroit, this property offers 3-bedroom, 1-bath, 1,192 sq ft, with original construction dating to 1949.

Closed at $50,000 (about $42/sq ft).

Property tax estimate: $2,478 per year ($207/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.

Listing Property Details

Property TypeResidential

Property SubtypeSingle Family Residence

Bedrooms3

Bathrooms1

Living Area1,192 sqft

Lot Size0.13 acres

Year Built1949

Stories1

Location

CityDetroit

Zip Code48224

CountyWayne

School DistrictDetroit

Construction & Systems

ConstructionVinyl Siding

BasementCrawl Space

Garage1 space

HeatingForced Air

WaterPublic

Sale & Financing

Listed3/12/2021

Sold Date9/27/2021

Original Price$55,000

Terms AcceptedCash, Conventional

Source: SparkMLS

Tax Information

Annual Tax$2,657

Tax Year2025

State Equalized Value$38,600

Assessed Value$38,600

Parcel #21077709.

Source: Public Records

Legal Description

W MARSEILLES 16 MARSEILLES PK SUB L59 P80 PLATS, W C R 21/946 41.92 IRREG

Property Records

USDA Rural Development: Eligible — 0% Down Payment Available

Verify eligibility at USDA

Listed by Cecelia C Dillard

Keller Williams Home

Frequently Asked Questions about 5581 MARSEILLES Street, Detroit, MI 48224

What school district is 5581 MARSEILLES Street, Detroit, MI 48224 in?

Per MLS# 2210016642, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.

What type of financing is accepted for this listing?

Per MLS# 2210016642, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.

How much are property taxes for this home?

Per MLS# 2210016642, the most recent reported annual property tax for 5581 MARSEILLES Street, Detroit, MI 48224 is $1,604. 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.

MI Property Tax Estimator

Is 5581 MARSEILLES Street, Detroit, MI 48224 eligible for USDA financing?

Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.

USDA Eligibility Map

Who are the utility providers for this property?

Per Michigan Public Service Commission service territory data: Water: Public. Confirm service details directly with providers.

MI Public Service Commission

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.

CLEMIS

Or contact Alexander directly

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Tax Estimate

SEV (State Equalized Value)

Annual tax$2,478

Monthly$207

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

Purchase Price

Interest Rate

Loan Term

Annual Property Taxes

Annual Homeowner's Insurance

Monthly HOA

Monthly payment$550

Principal & interest$344

Property taxes$207

Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.

Property

5581 MARSEILLES Street, Detroit, MI 48224

View full property history →

County

Wayne County

View county overview →

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About this home

Located in Detroit, this property offers 3-bedroom, 1-bath, 1,192 sq ft, with original construction dating to 1949.

Closed at $50,000 (about $42/sq ft).

Property tax estimate: $2,478 per year ($207/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.

Listing Property Details

Property TypeResidential

Property SubtypeSingle Family Residence

Bedrooms3

Bathrooms1

Living Area1,192 sqft

Lot Size0.13 acres

Year Built1949

Stories1

Location

CityDetroit

Zip Code48224

CountyWayne

School DistrictDetroit

Construction & Systems

ConstructionVinyl Siding

BasementCrawl Space

Garage1 space

HeatingForced Air

WaterPublic

Sale & Financing

Listed3/12/2021

Sold Date9/27/2021

Original Price$55,000

Terms AcceptedCash, Conventional

Source: SparkMLS

Frequently Asked Questions about 5581 MARSEILLES Street, Detroit, MI 48224

What school district is 5581 MARSEILLES Street, Detroit, MI 48224 in?

Per MLS# 2210016642, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.

What type of financing is accepted for this listing?

Per MLS# 2210016642, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.

How much are property taxes for this home?

MI Property Tax Estimator

Is 5581 MARSEILLES Street, Detroit, MI 48224 eligible for USDA financing?

USDA Eligibility Map

Who are the utility providers for this property?

Per Michigan Public Service Commission service territory data: Water: Public. Confirm service details directly with providers.

MI Public Service Commission

How safe is this area?

CLEMIS