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20425 SANTA BARBARA Drive Detroit, MI 48221 1232
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Key Details
Sold Price $13,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,328 sqft
Price per Sqft $9
Subdivision Garden Homes (Plats)
MLS Listing ID 60222938
Sold Date 11/09/23
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,328
Year Built 1922
Annual Tax Amount $1,107
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 50.00 x 194.00
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 $29,000.00 BAO. Must have 620 credit score or higher. Comp1: 19928 Wisconsin sold for 165k 11/4/22 Comp2: 20418 Northlawn sold for 181k 10/18/22
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Waterfront No
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Colonial
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $240
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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