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20425 Santa Barbara Drive

Detroit, MI 48221
  • $35,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 20230040475
Price Reduced
UPDATED: 50 min ago
$35,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,328
    SQFT
  • $26
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1922
County:
Lot Size Dimensions:
50.00 X 194.00

School Ratings & Info

School District:

Description

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 $37,750.00 BAO. Comp1: 19928 Wisconsin sold for 165k 11/4/22 Comp2: 20418 Northlawn sold for 181k 10/18/22

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IDX provided courtesy of Realcomp II Ltd. via BestMichiganHouses.com and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than BestMichiganHouses.com are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-06-06T12:00:12.56.
www.greatmichiganhouses.com/homes/139904812
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20425 Santa Barbara Drive Detroit, MI 48221

  • Price: $35,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 50 min ago
  • ID#: 20230040475
3
Beds
1
Baths
0
½ Baths
0.22
Acres
1,328
SQFT
$26
$/SQFT
1922
Built
Neighborhood:
Garden Homes (Plats)
County:
Wayne
Area:
Det 6-8 Grfld-dequindre
School District:
DETROIT
Property Description
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 $37,750.00 BAO. Comp1: 19928 Wisconsin sold for 165k 11/4/22 Comp2: 20418 Northlawn sold for 181k 10/18/22
Exterior Features

Architecture Level 2 Story Architecture Style Colonial Construction Materials Vinyl Entry Location Ground Level W/Steps Foundation Details Basement Foundation Materials Block Garage Size No Garage Garage YN No Lot Size Dimensions 50.00 X 194.00 Pool YN No Road Frontage Feet 50 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 1.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Room Count 7 Sq Ft Combined 1328 Sq Ft Total Basement 576

Property Features

Assessment 240.00 Association Fee YN No Deposit Amount 15000.00 Down Payment Resource YN Yes Existing Lease YN No Homestead YN No Land Contract YN Yes Land Interest Rate 6.5 Land Payment 650 Land Terms 36 Listing Financing CashContract Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Detroit Protection Period 60 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 1014.0000 Tax Amount Winter 93.0000 Title Standard (Private) Total Tax 1107.0000 Transaction Type Sale Unparsed Address 20425 Santa Barbara Drive Warranty No Water Source Public (Municipal)

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Home Negotiators Llc: (313) 822-1708 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via BestMichiganHouses.com and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than BestMichiganHouses.com are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-06-06T12:00:12.56.
 
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