Back 20499 Binder Street
Off Market

20499 Binder Street

Detroit MI 48234

3
1
1
1424 sq. ft.
0.09 ac.
Single-Family
Last sold for $72,100
Sotero Lopez IISotero Lopez II, last sold this property on 08 December 2025 after 115 days on market.

Overview

Charming 3-bedroom, 1-bath brick bungalow nestled in Detroit's Farwell neighborhood. Built in 1943, this home features a spacious unfinished basement with excellent potential for future customization, plus a detached 1-car garage. One standout feature is the bonus attic area - a hidden gem perfect for conversion into an additional bedroom, office, playroom, or creative studio. Located on a quiet street, this property offers the perfect canvas for renovation in a revitalizing area. Whether you're expanding living space or updating finishes, there are plenty of possibilities to elevate this home's charm and functionality. The detached garage provides added storage or secure parking, while the attic lends flexible square footage rarely found in this style of house. This is an investor-friendly opportunity with strong rental potential or a solid choice for an owner-occupant ready to personalize their space. The current owner occupies the home, but it will be vacant at closing - all showings must be scheduled in advance.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1424 sq. ft. floor area
0.09 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Detroit over the last 12 months, the estimated median property value of 20499 Binder Street is $69k.

Median value
$69k
Estimated value range
$5k - $225k
Median days on market
31
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20499 Binder Street

2025
Sold
$72,100
08 Dec 2025 by Sotero Lopez II
2006
Sold
Undisclosed
06 Apr 2006

Happy sellers in Detroit

100%
100% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 196 three-bedroom single-family properties similar to 20499 Binder Street, have been sold.

This represents a 12% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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