$830 Closing Credit¹
#20250003258, Derek C Lievens, Jacob Hardecki, Listing Office: Market Elite Inc
$76,000 List price
20502 Terrell St Detroit, MI 48234
$903
Closing credit¹
3 beds
1 full
1,100 sqft
0.09 acres
$69 / sqft
House
Property details
About 20502 Terrell St
Charming Updated Colonial Near 8 Mile – Bonus Room! Welcome home to this warm and inviting 3-bedroom colonial with a bonus room, perfectly situated in a quiet neighborhood just seconds from 8 Mile. Whether you're a first-time homebuyer looking for your forever home or an investor seeking a move-in-ready rental, this property checks all the boxes. Step inside to discover brand new flooring throughout, a beautifully updated kitchen and bathroom, and a clean, dry basement with endless potential—ready to be finished into a rec room, home office, or extra living space. This home offers just the right amount of space with thoughtful updates and cozy charm. Enjoy being in walking distance to local shops and schools, making daily life convenient and community-focused. Previously rented, this home is also a smart choice for those looking to expand their investment portfolio. Just bring your vision and make it yours. Don't miss out on this turn-key opportunity with long-term potential!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Radiant
StatusActive
Size1,100 sqft
BasementYes
Lot size0.09 Acres
Year built1935
ParkingTwo Car Garage, Detached, Driveway, Side Entrance
MLS #20251003006
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Two Car Garage, Detached, Driveway, Side Entrance
- Architectural Style: Colonial, Traditional
- Heating: Natural Gas, Radiant
- List Price: $76,000
- Price/SqFt: $69
- Annual Tax Amount: $880
- Tax Year: 2024
- Directions: Driving east bound on 8 mile, turn right on Terrell St after passing Vandyke.
- Year Built: 1935
- Living Area: 1,100 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 20251003006
- MLS Name: Realcomp II Ltd
- Office Name: Premier Agent Network Michigan LLC
- Office Phone: (877) 663-9366
- Listing Agent: Gloria Williamson, DeShonna Igwenagha
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2025, 1:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$76,000
20502 Terrell St
$903
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $22,200 | $880 |
| 2023 | $18,100 | $880 |
| 2022 | $14,000 | $474 |
| 2021 | $11,800 | $474 |
| 2020 | $11,600 | $840 |
| 2018 | $8,100 | $840 |
| 2017 | $6,800 | $836 |
History based on county public records data.
Nearby schools
5
Lincoln Elementary School
Public District KG-5
0.7 mi
•22100 Federal Ave
2
Mound Park Elementary School
Public District KG-5
1.5 mi
•5356 Toepfer Rd
4
McKinley Elementary School
Public District KG-5
1.7 mi
•13173 Toepfer Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,516. Typical income of Detroit, MI residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
26%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Church's Chicken
What do the neighbors drive?
Buick
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 20502 Terrell St
The listing price of 20502 Terrell St property is $76,000.
The property 20502 Terrell St is a house located in Detroit, Michigan, 48234.
Active Listing: 20502 Terrell St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 20502 Terrell St are: Lincoln Elementary School (GreatSchools Rating 5/10), Mound Park Elementary School (GreatSchools Rating 2/10), McKinley Elementary School (GreatSchools Rating 4/10), Marion Law Academy (GreatSchools Rating 2/10), Lincoln Middle School (GreatSchools Rating 2/10), Brenda Scott Academy (GreatSchools Rating 1/10), Lincoln High School (GreatSchools Rating 2/10), Osborn High School (GreatSchools Rating 1/10), Success Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $880 (source: MLS/based on county public records data).
The property at 20502 Terrell St has 3 bedrooms and 1 bathroom.
The property 20502 Terrell St is 1,100 SqFt (source: MLS/tax record).
The year of construction for 20502 Terrell St is 1935.
This home is located at 20502 Terrell St in Detroit, MI and zip code 48234 in the Grant neighborhood. This 1,100 square foot home, which was built in 1935, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $76,000.
In April 2025, from all listings sold in Detroit, MI there were more than 93 sold above asking price, over 216 sold below and more than 85 were sold right at the asked price. In April 2025 in Detroit, MI there were 13.4% more homes for sale than in March. The median list price of listings available in April 2025 was $90,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.