1 year on rocket

18095 Pelkey St, Detroit, MI, 48205

$5,000

Home List Price

$59*

Closing Credit

3 Full Baths, 1 Partial
3,534 SqFt
$1/SqFt
Multi
Schools Nearby

Location

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18095 Pelkey St, Detroit$5,000

Buyer Closing Credits

$59*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1927
HeatingElectric, Natural Gas, Forced Air
BasementYes
MLS #20221027541
Lot Size0.12 Acres
StatusActive

About 18095 Pelkey St

Potential 4 unit multi family in the Franklin Neighborhood. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. No Land Contracts. Buyer to have the property inspected as their is no property inspection report on file. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements. BTVAI & Sizes.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1927
  • Stories: 2
  • Living Area: 3,534 SqFt

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Forced Air

Other

Directions Information:

  • Directions: N of Greiner / W of Schoenherr

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000
  • Price Per SqFt: $1/SqFt
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Housing Market Comparison

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

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Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

18095 Pelkey St vs Detroit

634 DAYS ON ROCKET

+589 Days

$5,000

-$76K Less

$1/SqFt

-$70 Less

KEY TAKEAWAY

This property is $76K less than the Median Sold Price and $70/SqFt less 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: #20221027541

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

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: 5/7/2024, 12:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - -

History based on county public records data.

Payment Calculator

$92

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$81

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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-7241046
7
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 1.95 miles

  • Public District Grades KG-5

school-card-donut-7241047
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 2.28 miles

  • Public Charter Grades KG-5

school-card-donut-7241048
2
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 2.52 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,412. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48205›18095 Pelkey St

This home is located at 18095 Pelkey St in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 3,534 square foot home, which was built in 1927, sits on a 0.12 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since August 11, 2022 and is currently priced at $5,000.

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. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

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

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