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20062 Waltham St, Detroit, MI, 48205

2beds
1baths
856sqft
$58,000
$68price/sqft
$752/moest. monthly cost
$30,080/yrincome needed

About This Home

Tenant occupied ranch on Detroit's East Side. Current rent rate 700 / month. Lease and rent ledger available upon request. No showings prior to accepted offer.

Getting Around

46
WalkingCar-Dependent
46
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

3/10

Construction

Condition

  • Year built: 1942

Materials

  • Foundation: Basement,Block
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Level: Entry
  • Area: 121
  • Dimensions: 11 x 11

Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 11 x 10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 856

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 856 sqft

Kitchen

  • Level: Entry
  • Area: 110
  • Dimensions: 11 x 10

Living Room

  • Level: Entry
  • Area: 160
  • Dimensions: 10 x 16

Other

  • Level: Entry
  • Area: 42
  • Dimensions: 6 x 7

Property

Details

  • Parcel number: W21I032727S
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 42.00 x 105.00

Parking

  • Total spaces: 1
  • Parking features: One Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $293$3,516
Home Insurance *$200$2,400
Property Taxes $71$852
Electricity $188$2,259
Total$752$9,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,782/yr
40% on housing$22,560/yr
45% on housing$20,053/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 48205$42
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48205$61
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2024-12-26Listed for sale$75,000
2022-02-14Sold$65,000
2021-10-12Listing removed--
2021-10-07Price change$54,900
2021-07-23Price change$49,000
2021-05-21Listed for sale$37,000
2021-05-12Pending sale$37,000
2021-05-11Listed for sale$37,000
2020-08-14Listing removed$35,000
2020-07-28Listed for sale$35,000
2020-01-20Listing removed$30,000
2019-11-21Price change$30,000
2019-11-12Price change$35,000
2019-10-09Listed for sale$45,000
2018-02-05Sold$25,000
2012-05-03Listing removed$500
2012-03-05Listed for rent$500

For Sale by Agent

AgentBenjamin Ness
BrokerageClyde Realty LLC

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