15826 Coram Street
Detroit, MI 48205
Single Family Residence · MLS # 20261090925 · Listing courtesy of EXP Realty Main
About this home
LOCATED JUST 7 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE, YOU WILL FIND 15826 CORAM NESTLED ON A 5,227 SQUARE FOOT LOT IN THE QUIET REGENT PARK NEIGHBORHOOD. THIS CROWN JEWEL BOASTS A BRAND NEW TEAR OFF 40 YEAR SHINGLE ROOF WITH ALL NEW WINDOWS AND SIDING. RECENTLY REMODELED AND BOASTS 5 SPACIOUS BEDROOMS AND 2 FULL BATHROOMS. IN ADDITION, THIS HOME HAS BRAND NEW ELECTRICAL, PLUMBING, AND NEWER FURNACE/HOT WATER TANK TO ENSURE MAINTENANCE FREE CASH FLOW. MOREOVER, FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY IS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,875 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,207 homes sold in Detroit for a median of $99,900, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $134,900, or $87 per square foot, 23% above 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 $1,556 a year. A buyer who lives here would pay about $921 to $4,373 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
Similar homes in Detroit
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