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Detroit 48227 Grandmont
14047 MARLOWE Street
$99,000 - $119,000
House - In Contract

14047 MARLOWE Street

Detroit, MI 48227
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1441 Sqft
Sold Mar 07, 2022
$50,000
Sold Jan 23, 2015
$7,050

About This Property

Can be purchased in a package deal! 10% off discount if purchased with 20110 Stotter - another amazing occupied investment property.

Welcome to 14047 Marlowe St., a fantastic property that comes with the security of a Section 8 lease. This 3-bedroom, 1-bathroom residence offers a unique opportunity for savvy investors looking to add a valuable asset to their portfolio.

Situated in Detroit, Michigan, this property is strategically located in an area with potential for growth and development. Take advantage of the city's revitalization and be part of its promising future.

The spacious layout of this colonial home makes it an ideal rental property. With three bedrooms, tenants will enjoy comfort and ample living space, contributing to long-term tenant satisfaction.

This property comes with the added benefit of a tenant already on a Section 8 lease. Enjoy the stability and guaranteed income that comes with this government-backed program, providing a reliable source of rental payments.

Whether you're a seasoned investor or just starting, 14047 Marlowe St. is a great addition to your portfolio. The property's current Section 8 lease offers a hassle-free investment experience, and Detroit's ongoing urban development makes it an attractive market for real estate investments.

Detroit is experiencing a resurgence, and investing in this property puts you in a position to benefit from potential future appreciation. Take advantage of the increasing demand for rental properties in this evolving market.

The home's colonial architecture adds character and appeal, making it an attractive option for potential tenants. Invest in a property that not only provides financial returns but also stands out in the market.

Don't miss out on this incredible investment opportunity at 14047 Marlowe St. Secure your future with a property that combines the stability of a Section 8 lease, the potential for appreciation, a

The manager has listed the unit size as 1441 square feet.
Unit Size
1,441Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$76
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1927
Listed By

Price History

Date / Event Date Event Price
Apr 30, 2024 In contract -
In contract
Apr 13, 2024 Relisted $109,900
Relisted
Mar 12, 2024 In contract -
In contract
Feb 9, 2024 Price Decreased $109,900
↓ $9K (7.6%)
Price Decreased
Feb 5, 2024 Price Decreased $118,900
↓ $1K (0.9%)
Price Decreased
Show More

Property Highlights

Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 2
  • Basement Area: 672
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,441
  • Building Area: 1,441
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,441
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TAYLORS MONMOOR SUB
  • Land Acres: 0.08
  • Legal Description 1: W MARLOWE 153 B E TAYLORS MONMOOR SUB L33 P20 PLATS, W C R 22/83 35 X 100

Ownership

  • Current Owner : LESUR PROPERTY INVEST LLC
  • Previous Owner : TRANSITIONAL HOME LLC
  • Owner Before Previous Owner: GLOBAL PREMIER ASSET SERVICING INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Detroit City School District
  • School Tax School District: DETROIT
  • Census Tract: 537800

Zoning

  • Zoning: R1

Geography

  • District: 01
  • Parcel: 22041358.
  • Block: 311
  • Municipality: DETROIT CITY
  • Latitude: 42.3898
  • Longitude: -83.1897

    Address

  • Full Address: 14047 Marlowe St
  • Address - House Number: 14047
  • Address - Street Name: Marlowe
  • Address - Suffix Type: St
  • State: MI
  • City Name: Detroit
  • Carrier Code: C009
  • 4-Digit Zip Code: 2824
  • Zip Code: 48227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,803
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 82010

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 116,201
  • High Value: 131,682
  • Low Value: 100,720

    Market Valuation

  • Market Total Value: $40,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,300

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11882814336
  • Current Sale Price: $50,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 56950
  • Previous Sale Recording Date: Jan 23, 2015
  • Previous Sale Contract Date: Jan 22, 2015
  • Previous Sale Amount: $7,050
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
1,261 ft²
$79/ft²
$99,000 Feb 16, 2024
-
$127/mo
House
3 Beds
2 Baths
1,250 ft²
$96/ft²
$119,900 Jan 29, 2024
-
$85/mo
House
3 Beds
1.5 Baths
2,051 ft²
$46/ft²
$95,000 Jul 17, 2023
-
$165/mo
House
3 Beds
1 Bath
1,486 ft²
$77/ft²
$115,000 Mar 29, 2024
-
$94/mo
House
4 Beds
2 Baths
1,463 ft²
$89/ft²
$129,900 Mar 26, 2024
-
$49/mo
House
4 Beds
2 Baths
1,300 ft²
$88/ft²
$114,900 Feb 23, 2024
-
$118/mo
House
3 Beds
1 Bath
1,214 ft²
$82/ft²
$100,000 Jan 26, 2024
-
$66/mo
House
4 Beds
1.5 Baths
1,775 ft²
$62/ft²
$109,900 Mar 22, 2024
-
$145/mo
House
3 Beds
1 Bath
1,135 ft²
$88/ft²
$100,000 Jan 29, 2024
-
$102/mo
House
3 Beds
1 Bath
1,080 ft²
$88/ft²
$95,000 Jan 24, 2024
-
$66/mo
House
4 Beds
2 Baths
1,044 ft²
$88/ft²
$92,000 Apr 11, 2024
-
$66/mo

About North West Detroit


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Frequently Asked Questions

When was property at 14047 Marlowe Street built and last sold?
The property at 14047 Marlowe Street was built in 1927 and last sold on Feb 25, 2022 for $50,000.
How much is this home worth?
The estimated value of the home located at 14047 Marlowe Street is $120,383.
What are some comparable homes to 14047 Marlowe Street?
Homes that are comparable to 14047 Marlowe Street include a house property at 14845 Mark Twain, 13325 Freeland Street, 13516 Mans Field.

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