14 days on rocket

3940 4th St, Detroit, MI, 48201

$675,000

Home List Price

$8,016*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,477 SqFt
$457/SqFt
House
Schools Nearby

Location

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3940 4th St, Detroit$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingElectricity, Door Opener, Detached
Garage1 space
Year Built2020
HeatingHeat Pump, Natural Gas
CoolingCeiling Fan(s), Central Air, Heat Pump
BasementYes
MLS #20240028581
Lot Size0.08 Acres
StatusActive

About 3940 4th St

Rare opportunity to purchase one of the Midtown Detroit Eco Homes. Step into sustainable urban living at its finest! This remarkable home embodies energy efficiency and environmental consciousness, all within a dynamic and walkable neighborhood. Complete with solar panels, heat pump HVAC system with natural gas backup, tankless water heater, and other architectural features designed for net zero electrical usage and reduced energy consumption, that reduces your carbon footprint. The NEZ Certificate extends tax abatement through 2035. The interior is bathed in natural light and the main floor boasts an open-concept design, connecting the kitchen, dining room, and living room, creating an inviting space for both everyday living and entertaining. Hardwood floors flow throughout, adding warmth and elegance to the contemporary aesthetic. Kitchen has premium wood cabinets, quartz countertops, stainless steel appliances, a spacious pantry and large center island. Upstairs, retreat to the tranquility of two bedrooms, each has ample closet space and large windows. The versatile, sun-lit loft can be an office, reading nook, or artist's studio. The spa-like bathroom features a luxurious soaking tub, a separate walk-in shower, and a modern vanity. The finished basement offers additional living space, perfect for hosting guests, with a third bedroom, full bathroom, and flexible space with cork flooring that makes it ideal for use as a family room, or workout room plus laundry and plenty of storage. Outside enjoy the serenity of the covered front porch and rear patio. Relax in the whimsical backyard, with its clover lawn, gravel garden, trees, and low-maintenance perennials. The oversized one-car garage provides additional storage space, including a pulley system for up to 2 kayaks, and the gated rear paver pad offers parking for a second vehicle or an excellent spot for entertaining. Located within proximity to Wayne State, Detroit Medical Center, numerous restaurants, grocery stores, children's and dog park.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Contemporary
  • Year Built: 2020
  • Stories: 3
  • Living Area: 1,477 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Deborah S Gannes

Interior Features

Interior Information:

  • Appliances: Vented Exhaust Fan, Refrigerator, Convection Oven, Disposal, Dryer, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Gas Range, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, Dual-Flush Toilet(s), Egress Window(s), ENERGY STARĀ® Qualified Light Fixture(s), Other, High Spd Internet Avail, Programmable Thermostat, Security Alarm (owned), Furnished - No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Grounds Maintenance, Lighting, Permeable Paving, Rain Barrel/Cistern(s), Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Electricity, Door Opener, Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump

Other

Directions Information:

  • Directions: Forest to 3rd Avenue, north to Selden Street, make a left to 4th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $457/SqFt

HOA Fees:

  • Amount: $235
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

3940 4th St vs Detroit

14 DAYS ON ROCKET

-31 Days

$675,000

+$593.9K More

$457/SqFt

+$386 More

KEY TAKEAWAY

This property is $593.9K more than the Median Sold Price and $386/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240028581

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Deborah S Gannes

IDXDisclaimer: 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 © 2024 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: 5/29/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,671

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Recommended Financing

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7.5% / 6.68%

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4226541
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.12 miles

  • Public Charter Grades KG-5

school-card-donut-4226542
2
/10
  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.30 miles

  • Public Charter Grades KG-5

school-card-donut-4226543
3
/10
  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.89 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,833. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3940 4th St

What is the listing price of this property?

The listing price of 3940 4th St property is $675,000.

What type of property is this?

The property 3940 4th St is a house located in Detroit, Michigan, 48201.

Is this property for sale now?

Active Listing: 3940 4th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3940 4th St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 3940 4th St is 1,477 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3940 4th St is 2020.

Rocket Homesā€ŗMichiganā€ŗWayne Countyā€ŗDetroitā€ŗ48201ā€ŗ3940 4th St

This home is located at 3940 4th St in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 1,477 square foot home, which was built in 2020, sits on a 0.08 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $675,000.

Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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