12809 Kilbourne Street

About this home

CHARMING TENANT OCCUPIED BRICK BUNGALOW HOME LOCATED NORTH OF E. OUTER DRIVE AND WEST OF DICKERSON AVENU. THIS HOME FEATURES A COVERED FRONT PORCH, FRESH PAINT THROUGHOUT, INVITING LIVING ROOM, DINING ROOM, TWO GOOD SIZED BEDROOMS AND BATHROOM ON THE MAIN FLOOR, LARGE PRIMARY BEDROOM UPSTAIRS, AND AN UNFINISHED BASEMENT. TENANT RENT AMOUNT IS 1050 PER MONTH. THERE IS A 1050 SECURITY DEPOSIT HELD. THE TENANT LEASE TERM IS FROM 8/3/26-8/2/27. THIS WOULD BE A GREAT ADDITION TO YOUR INVESTMENT PORTFOLIO! PHOTOS ARE FROM PRIOR TO TENANT PLACEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,213 homes sold in Detroit for a median of $100,000, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $79,900, or $66 per square foot, 7% below the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $1,990 a year. A buyer who lives here would pay about $1,398 to $2,590 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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