Are you looking for a move in ready house under $10k? This could be perfect for an owner to live in. Investors call an agent now because you've found a performing asset with a long term tenant on a Month to Month lease. It gets even better! Upstairs has a 1 bedroom mother in-law suite. This is a single family home. Looking for a house to live in? You know there aren't many if any houses that are move in ready under 10k. I wouldn't hesitate, it may be way to late. Cash is KING. Seller will entertain a Land Contract for $12K sales price, $6K down @ $203.69 for 36 months. taxes & insurance not included. Seller will pay taxes & buyer shall reimburse seller within 30 days upon receipt of payment. Buyer shall keep property insured during the term of Land Contract. Why rent when you can own your own little piece of America? Seller is a licensed Realtor in the State of Michigan.
Single-familyProperty Type
1924Year Built
3,920 sq ftLot Size
$44Est. Price/Sq.Ft.
Listed by Salvatore Agrusa• Keller Williams Great Lakes
Are you looking for a move in ready house under $10k? This could be perfect for an owner to live in. Investors call an agent now because you've found a performing asset with a long term tenant on a Month to Month lease. It gets even better! Upstairs has a 1 bedroom mother in-law suite. This is a single family home. Looking for a house to live in? You know there aren't many if any houses that are move in ready under 10k. I wouldn't hesitate, it may be way to late. Cash is KING. Seller will entertain a Land Contract for $12K sales price, $6K down @ $203.69 for 36 months. taxes & insurance not included. Seller will pay taxes & buyer shall reimburse seller within 30 days upon receipt of payment. Buyer shall keep property insured during the term of Land Contract. Why rent when you can own your own little piece of America? Seller is a licensed Realtor in the State of Michigan.
MiRealSource-MiMLS #31341857
Apr 10, 2018
Sold
$8,500
$6/sq ft
Apr 5, 2018
Pending
—
Mar 9, 2018
Listed
$8,490
$6/sq ft
REALCOMP #58021431381
Apr 10, 2018
Sold
$8,500
$6/sq ft
Mar 9, 2018
Listed
$8,490
$6/sq ft
REALCOMP #58031341857
Apr 10, 2018
Sold
$8,500
$6/sq ft
Mar 9, 2018
Listed
$8,490
$6/sq ft
MiRealSource-MiMLS #31339627
Mar 6, 2018
Listing Removed
—
Feb 28, 2018
Price Changed
$8,900
$6/sq ft
Feb 5, 2018
Listed
$9,800
$7/sq ft
REALCOMP #58031339627
Mar 6, 2018
Listing Removed
—
Feb 5, 2018
Listed
$8,900
$6/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,662 (+0.9%)
2024
$2,639 (+106.9%)
2023
$1,276 (+3.0%)
2022
$1,238 (+2.7%)
2021
$1,205
2020
$1,205 (+1.5%)
2019
$1,187 (+36.1%)
2018
$872 (+0.5%)
2017
$868 (−0.3%)
2016
$871 (−11.0%)
2015
$979 (−15.7%)
2014
$1,162
Tax history for 12458 Racine
Year
Property tax
Land + Additions
Assessment*
2025
$2,662 (+0.9%)
2024
$2,639 (+106.9%)
2023
$1,276 (+3.0%)
2022
$1,238 (+2.7%)
2021
$1,205
2020
$1,205 (+1.5%)
2019
$1,187 (+36.1%)
2018
$872 (+0.5%)
2017
$868 (−0.3%)
2016
$871 (−11.0%)
2015
$979 (−15.7%)
2014
$1,162
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1.5
Lot width
40 ft.
Lot depth
101 ft.
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
1,449
Year built
1924
Style
Single Family Residential
County
Wayne County
APN
21033533.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
R1
Single-Family Residential District
The R1 Single-Family Residential District is designed to protect and preserve quiet, low-density residential areas now primarily developed and those areas which will be developed with single-family detached dwellings and characterized by a high ratio of home ownership. The regulations for this district are designed to stabilize and protect the essential characteristics of the district and to promote and encourage a suitable environment for activities associated with family life. To these ends, development is limited to a relatively low concentration and uses permitted by right are limited to single-family detached dwellings which provide homes for the residents of the area. Additional residential uses such as religious institutions, neighborhood centers, and utility uses necessary to serve the immediate area may be permitted on a conditional basis.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Interior
Interior Features
# of Rooms (Total): 12
Bedroom Information
Bedroom 1 Level: Entry
Bedroom 1 Dimensions: 10 x 11
Bedroom 2 Level: Entry
Bedroom 2 Dimensions: 12 x 11
Bedroom 3 Level: Entry
Bedroom 3 Dimensions: W=10
Bedroom 4 Level: Upper
Bedroom 4 Dimensions: 10 x 11
Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Dining/Kitchen Information
Kitchen Level: Entry
Kitchen Dimension: 10 x 11
Dining Room Level: Entry
Dining Room Dimension: 12 x 10
Family/Great Room Information
Sun/Florida Room Level: Entry
Sun/Florida Room Dimensions: 15 x 5
Family Room Level: Upper
Family Room Dimensions: 12 x 10
Library/Den/Living Room Information
Living Room Level: Entry
Living Room Dimensions: 10 x 12
Laundry/Basement Information
Basement : Has Basement
Basement Type: Block
Exterior
Exterior Features
Exterior Construction: Wood
Foundation Type: Basement
Property Information
Property Type: Residential
Structure Style: 1 1/2 Story
Year Built: 1924
Below Grade Sq. Ft.: 966
Below Grade Sq. Ft. (Finished): 0
Lot Information
Lot Size: 40,101
Land Contract Terms Months: 36
Land Contract Monthly Payment: $188.02
Land Contract Interest Rate: 8
Land Contract Down Payment: $6,000
Zoning: Residential
Land Information
Land Contract: Yes
Acreage: 0.09
Frontage: 40
Financial
Tax/Assessments Information
Taxable Value: $7,313
Total Tax Year: 2016
Total Tax Amount: $881.34
Summer Tax Year: 2018
Summer Tax Amount: $813.43
Winter Tax Year: 2018
Winter Tax Amount: $67.91
Utilities
Utility Information
Heat/Fuel Type: Natural Gas
Water Heater: Gas
Water: Public Water
Cooling System: Window Unit(S)
Heating System: Forced Air
Sewer Septic: Public Sanitary
Location
School Information
School District: Detroit City School District
School District: Detroit City School District
Location Details
Municipality: Detroit
Mail City: Detroit
Subdivision: GRATIOT HIGHLANDS SUB
Municipality: Detroit
Area (Municipality): Detroit (82001)
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,449
Stories: 1.5
Lot Size: 3,920 square feet
Style: Single Family Residential
Year Built: 1924
Year Renovated: —
County: Wayne County
APN: 21033533.
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Originating MLS: MiRealSource
Originating MLS: MI Real Source
Around this home
Schools
Holmes A.L. Elementary-Middle School
Public PreK-8 • Assigned • 2.1mi
4/10
Osborn Academy Of Mathematics
Public 9-12 • Assigned • 1.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48205
Average low and high temperatures (°F)
28
18
34
21
52
33
60
43
67
50
80
62
85
68
79
63
76
58
66
48
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$62,000 – $75,000
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