18631 Northlawn Street

About this home

Classic Tudor Colonial is ready for it's next chapter. Great investment opportunity in Bagley, one of Detroit's finest and most desirable neighborhoods! 3 bedrooms and 1.5 baths. HOME REQUIRES A COMPLETE REHAB OF ALL SYSTEMS AND FINISHES and is aggressively priced to reflect this. Updated comparable homes are selling in the $225-$275k range depending on the level of finishes. Generously sized rooms maintain much of their original character including wood floors under carpet, and an inviting fireplace in the living room. Flex room on the main floor could be used to expand the kitchen or add a first floor bathroom and laundry providing significant value. Unfinished basement with half bath for an extra value-add opportunity. Room sizes are estimated. ESTATE SALE; subject to probate court approval. Property sold as-is; no repairs will be made by the seller. Cash or hard money financing only. Schedule your private showing before it's gone!

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 $75,000, or $50 per square foot, 30% below 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 $2,911 a year. A buyer who lives here would pay about $1,258 to $2,431 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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