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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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15875 Northlawn St , Detroit, MI 48238
$198,000
Est. Payment: $440.00/mo
5 Bed
2 Bath
1661 Sqft
Status: Active | Days on site: 13
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399147 - 343915
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House Description

Two paths to ownership purchase traditionally or take advantage of a lease-with-option-to-buy opportunity! This beautifully renovated and modernized Detroit home offers 5 bedrooms and 2 full baths with approximately 1,661 square feet of living space. The updated kitchen features dovetail cabinetry, granite countertops, modern finishes, and luxury vinyl plank flooring, complemented by fresh paint and new carpeting throughout.Traditional sale offered at $198,000. Buyers needing an alternative path to ownership may also consider the lease-option program at a $215,000 option purchase price, with monthly rent of $1,750 and a minimum 10% non-refundable option payment of $21,500, plus first month's rent. Lease-option terms are available from 12–36 months, with the option to purchase exercisable at any time during the applicable term.All lease-option applicants must complete and meet pre-qualification and approval requirements. Additional terms, conditions, and qualifications apply. Lease option is not available as a straight rental.Some listing photos have been virtually staged to illustrate potential furniture placement and use of space. Furnishings and décor shown are not included. Information deemed reliable but not guaranteed. BATVAI.

Highlights

Listed by Graylon J Prophet , 734-363-1833 Own It Realty , 313-395-0000.

Property Type

Residential

Lot/Acreage
0.08

Year Built

1927

County

Wayne

School District

Detroit

Listing ID

20261071559

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:2
  • Full Bathrooms:2
Water:Public

Exterior Features

Sewer:Public
Principal Interest
$440
Taxes
$609

Home Price

$198,000

Loan Details

30 yrs
%

Down Payment

20%
$39,600
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Monthly Price:
$440.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $440.00 $608.50 $0.00 $1,048.50
Yearly $5,280.00 $7,302.00 $0.00 $12,582.00
Total $158,400.00 $219,060.00 $0.00 $377,460.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.