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Image 1 - 12388 Loretto St, Detroit, Michigan, 48205 - House for sale
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Home For Sale In Detroit, Michigan
12388 Loretto St, Detroit, Michigan, 48205

Home For Sale In Detroit, Michigan

house for sale
11 views
Listed: 04/23/24

12388 Loretto St, Detroit, Michigan, 48205

1 Bed:
1 Bath:
632 Sq Ft Living Area:
Save
Price
$ 65,000

About This House

This move-in ready gem on Detroit's eastside is ready for its new owner. With an intimate layout and recent renovations, as soon as you step through the door it will feel like home. Located right off of Gratiot and near the famous 8 mile, you will never run out of things to do. Book your showing right now! Buyer to pay $395 processing fee to listing broker. As-is sale. Buyer responsible for city inspections and/or requirements, if any exist. Seller financing / Land contract terms available at$75, 000.00purchase price, $18, 000.00down payment, 8% interest, 120 months Term. $692.00/month. Seller financing / Land contract terms are negotiable.

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Eden Gardens Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Eden Gardens, Detroit, United States averaged $65,354, staying on the same level compared to the previous month.
Median price trends for properties for sale in Eden Gardens, Detroit, United States as of June 2024.

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.