14530 Stout Street E

About this home

LOOKING FOR A MOVE-IN-READY RANCH IN DETROIT’S NOTHWEST SIDE? This is it! Located minutes from downtown Detroit. Whether it could be your opportunity to own this investment property of cash flow with average rents around $1,300 or for a first-time homebuyer. You’ll love the spacious main floor w/ large living rooms, dining room w/nice vinyl flooring. ALL NEW WINDOWS that let in TONS of natural sunlight to make a day at home feel blissful. Updated kitchen w/ lots of cabinets w/ counter space has plenty of storage & cooking areas. DBLA is the owner of the vacant lot on one side of the property that gives privacy from neighbors. New upgrades include PEX plumbing, 200 amp electrical & new windows newer roofing .Great location, minutes away from elementary-middle schools, Historic Rosedale Park & Stoepel Park. Located minutes away from I-96-M-39. Tons of grocery stores and restaurants nearby. Schedule your private showing today! **** (MSHDA DOWN PAYMENT ASSISTANCE OF $7,500 UP TO $10,000 BASE ON TARGET ZIP CODE) *No Seller Financing.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $89,999, or $97 per square foot, 37% above the city median, and has been on the market 7 days. 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 $1,217 a year. A buyer who lives here would pay about $193 to $2,917 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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