
Ref: US032 Selling Price: 18 400 USD Price: £ 12 016 / 17 769 AUD Area:
| | Property size: 1610 sq.ft. Plot size: 40 ft. Bedrooms: 3 Garage: Yes
Send enquiry  Description property in usaA chance, right now, to buy American property for a FRACTION of true cost
Property prices haven’t just declined in certain places in America, they’ve collapsed. And right now they are at rock bottom. In fact, like all boom and busts, they’ve overshot and are at frankly silly levels. So low, that we just can’t get our head around how cheap the price is.
Simply speaking, it’s now the best value property in the World. And all the more amazing when you consider this isn’t in some third world country, but America. Still the world’s number one economy. The land of Hollywood, Cadillacs and eat-all-you-can-diners!
Prices are rising now
Don’t think this situation will last long. It won’t. Prices are springing up from the absurdly low levels. Local investors are buying up such property and there are bidding wars on many repos. Prices are now, in our estimation, sharply on the up. However, bargains can still be found. Like this house. Its value was 124,000 USD a few years ago, now on sale here at $18, 400! (See offical data below)
Crazy, we know, but that’s the opportunity now. Same houses are often 3x the price on open market. See data below.
How can this be so?
Simple. Government money. Billions and billions of it, poured into banks and housing conglomerates. It means US banks can write off bad loans and practically give the property away. They don’t care. It’s costing the US taxpayer a heap, not them. No catch, just freehold detached property, with clean unencumbered title going for peanuts.
However, don’t think such property can be picked up anywhere, by just clicking away on the internet, for example. We have done a lot of work on the ground in USA searching for this bargain. Avoiding cheap properties that come with attached liens and debts, or in very bad neighbourhoods. We have years of experience in foreign property. Buy with confidence.
The Property
An impressive detached brick family residence:
Plot size: 40 x 109sq.ft.
House size: 1610 sq. Ft
- Bed 1: 12x11
- Bed 2: 12x11
- Bed 3: 11x09
- Bathroom
- Living room: 22x11
- Dining room: 12x12
- Kitchen: 13x08
Sold with vacant possession. The property benefits from a large basement which would be ideal for conversion into extra living accommodation.
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We don't expect you to take our word for it about how cheap this property is. Below is data, as used by mortgage providers and realtors, about the actuasl property for sale and others on the market in the SAME STREET right now. Valuation data is used for mortgage valuation purposes. Also, information on a private sale is also included.
This is the actual property for sale here
10400 Roxbury St
Detroit, MI 48224
Single family residence (1 bath)
13333 square ft
Year built: 1937
Estimated Market Value
$98,000
Estimated Market Value Range
$96,000 - $106,00
Sales History
7/6/2007 $110,000
8/12/2005 $113,048
11/28/2003 $124,000
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Roxbury Street, 48224, valuation data
Houses presently on market:
10471 Roxbury St
Detroit, MI 48224
Status: Foreclosed
Sales History
Date Sale Price
1/17/2008 $132,203
3/18/2005 $125,000
4/12/2004 $99,656
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10746 Roxbury,
Detroit, Michigan 48224
USD 85,000
Private sale
Single Family Home
Seller information:
Name : Thomas Tribble
Phone: 866-849-5064
Alt Phone: 425-753-2056
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11832 Roxbury St
Detroit, MI 48224
Single family residence
921 sq.ft.
Status: Foreclosed
Sales History
1/15/2008 $98,843
2/17/2005 $99,000
9/24/2004 $99,000
7/31/2001 $83,000
Estimated Market Value Range $75,000 - $99,000
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11917 Roxbury St
Detroit, MI 48224
Estimated Market Value $103,000
Estimated Market Range $98,000 - $112,000
Sales History
3/5/2008 $100,603
6/29/2005 $119,000
4/13/2005 $119,000
3/11/2005 $55,000
Property in usa, More pictures Front left |  Front right |  Boiler |  Bathroom |  Bathroom again |  Bed 1 |  Bed 2 |  Bed 3 |  Kitchen |  Living room |  Left neighbour |  Opposite |
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