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Southfield 48033 Southfield
21989 Berg Road
$65,000
● House - Off Market

21989 Berg Road

Southfield, MI 48033
bedrooms
2 Beds
bathrooms
1 Bath
square feet
762 Ft²
$93,725
RealtyHop Estimate
4.25%
Since May 1, 2022
MI-Detroit
Primary Model

About This Property

Great opportunity to own almost 2 acres in the City of Southfield!! Home is in desperate need of repair and is being sold AS IS. Perfect for those fixer uppers out there! Home is an Estate and seller has very little information... Bring your buyers!!
Unit Size
762 Ft²
Days on Market
-
Land Size
1.94 acres
Price per sqft
$118
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1938

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #53841)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by The Charles Reinhart Company $89,900
Listed by The Charles Reinhart Company

Property Highlights

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 650
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,506
  • Total Building Area: 762
  • Building Area: 762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 762
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001940
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: T1N, R10E, SEC 33 PART OF S 1/2 OF NW 1/4 BEG AT PT DIST W 1227.05 FT & S 12-15-40 E 1847.73 FT FROM N 1/4 COR, TH S 12-15-40

Neighborhood

  • School District Name: Southfield Public School District
  • School Tax School District: 63060
  • Census Tract: 161800

Zoning

  • Zoning: R-1

Geography

  • District: 76
  • Section: 33
  • Parcel: 76-24-33-151-032
  • Meridian: SEC 33 TWN 01N RNG 10E
  • Municipality: SOUTHFIELD CITY
  • Latitude: 42.4525
  • Longitude: -83.2734

    Address

  • Full Address: 21989 Berg Rd
  • Address - House Number: 21989
  • Address - Street Name: Berg
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Southfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 4361
  • Zip Code: 48033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $166,321
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 140,040
  • High Value: 168,866
  • Low Value: 111,214

    Market Valuation

  • Market Total Value: $123,720
  • Market Land Value: $75,300
  • Market Improvement Value: $48,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,860
  • Assessed Land Value: $37,650
  • Assessed Improvements Value: $24,210

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 374048
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southfield

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$153

Below Asking

0.03%

Average Days on Market

66

Average Home Size

1866 ft²

Average Home Age

56.8 years

Currently For Sale

18 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 18331 Burgess, Detroit, MI, 48219

$1,199 /mo

  • 3 Beds
  • 1 Bath
  • 1,152 ft²
18331 Burgess, Detroit, MI, 48219 Listing by Kate Kopliner

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Jill Kleine, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 53841
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 21989 Berg Road built and last sold?
The property at 21989 Berg Road was built in 1938 and last sold on Apr 6, 2022 for $65,000.
How much is this home worth?
The estimated value of the home located at 21989 Berg Road is $89,310.
What are some comparable homes to 21989 Berg Road?
There are currently no comparable homes to 21989 Berg Road.
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