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8881 Wormer Redford, MI 48239

$54,400
LOW
$64,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$73,600
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$64,000Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
--
Heating
Forced Air
Payment Estimate
--
Baths Full
1
Basement
Yes
Rent Estimate
$1,120Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Stories
1
Tax Estimate
$2,237Estimated property taxes paid on an annual basis.
Sq Ft
981
Address Stories
1
 HomeScore
40A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.14
Fireplaces
0
 InvestorScore
62A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Brick
Parking
Garage
Last Sale Date
02/20/2014
Style
--
Parking Spaces
2
Last Sale Price
$54,000
Year Built
1958

8881 Wormer is located in Redford, MI. At this time, the property has an estimated value of $64,000 and yearly taxes of $2,237. This home has 1 bathroom and approximately 981 sqft of living space. The property was built in 1958. Similar homes nearby have 1 bath and sell for around $65,000.

Property History

DateEventSourcePrice
9/29/2004SoldTax Records$125,000

48239 Market Trends

Check out 48239 homes for sale, read the 48239 real estate news or review the 48239 real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
44
Deteriorating

17

$60,900

151

17

Median Sales Price
$40,000
+23.3%
Sales (30 Days)
1
-83.3%

48239 REAL ESTATE NEWS

The 48239 zip code market saw one more home change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since November at six. Pr... Read More »

The 48239 zip code has a population that is much older than most in Michigan with a median age of 37 years. Also, it's affluent with a median income of $48,872 per household. It should be noted that a... Read More »

The 48239 zip code market saw sales remain flat this week with three homes sold over the last 30 days, while new listings spiked to nine. Potential buyers should note that prices went up in the 48239... Read More »

8881 Wormer Mortgage Information

$64k
$12.8k
3.81%
$239

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

8881 Wormer Map

Ask a local expert about this home:
Century 21 Curran & Christie
Snapped 2 homes in this area

8881 Wormer, Redford, MI 48239US
8881 Wormer is located in Redford, MI. At this time, the property has an estimated value of $64,000 and yearly taxes of $2,237. This home has 1 bathroom and approximately 981 sqft of living space. The property was built in 1958. Similar homes nearby have 1 bath and sell for around $65,000. Janet Blackburn is a Homesnap Local Expert in and around 48239.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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