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14390 Lappin St, Detroit, MI, 48205

2beds
1baths
1,047sqft
$20,000
$19price/sqft
$382/moest. monthly cost
$15,280/yrincome needed

About This Home

Welcome to the latest offering from the Detroit Land Bank Authority. 2 bedroom frame ranch in a mostly brick neighborhood. Home needs a ton of work, but it is being sold as part of a bundle so you get 3 for the price of 1. Sale also includes 14531 and 14578 Lappin all for the price listed above. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Getting Around

74
WalkingVery Walkable
53
TransitGood Transit
65
BikeBikeable

Schools

--
4/10
Denby High SchoolGrades 9-121.2 mi
--

Construction

Condition

  • Year built: 1933

Materials

  • Foundation: Basement,Poured
  • Construction materials: Wood Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Entry
  • Area: 120
  • Dimensions: 12 x 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 x 10

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Entry
  • Area: 64
  • Dimensions: 8 x 8

Dining Room

  • Level: Entry
  • Area: 144
  • Dimensions: 12 x 12

Features

  • Finished area above ground: 1,047

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,047 sqft

Kitchen

  • Level: Entry
  • Area: 63
  • Dimensions: 9 x 7

Living Room

  • Level: Entry
  • Area: 120
  • Dimensions: 12 x 10

Other

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

Property

Details

  • Parcel number: W21I021764S
  • Special condition: Government Owned,Short Sale No

Features

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

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 35.00 x 127.00

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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $101$1,212
Home Insurance *$69$828
Property Taxes $24$288
Electricity $188$2,259
Total$382$4,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$13,097/yr
40% on housing$11,460/yr
45% on housing$10,186/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

$19This 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
2024-10-21Listed for sale$20,000
2023-12-14Listing removed$2,500
2023-06-26Pending sale$2,500
2020-09-18Price change$2,500
2020-02-29Listed for sale$4,000
2019-12-17Listing removed$1,000
2019-09-20Listed for sale$1,000
2013-03-13Sold$25,000
2012-01-23Listing removed$500
2011-10-21Listed for rent$500
2009-02-24Sold$77,000
2008-03-15Sold$300
2007-02-07Sold$48,246
2005-10-26Sold$15,000

For Sale by Agent

AgentGene Kelley II
BrokerageReal Estate One-Southfield

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