14 days on rocket

2037 Ford St, Detroit, MI, 48238

$7,000

Home List Price

$83*

Closing Credit

2 Full Baths
1,824 SqFt
$4/SqFt
Multi
Schools Nearby

Location

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2037 Ford St, Detroit$7,000

Buyer Closing Credits

$83*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1923
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240024507
Lot Size0.08 Acres
StatusActive

About 2037 Ford St

Here's your opportunity to own this great 2 family unit located close to the Boston/Edison District, Downtown and Universities. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1923
  • Stories: 2
  • Living Area: 1,824 SqFt

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S. of Oakman Blvd, E. of 14th

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,000
  • Price Per SqFt: $4/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

2037 Ford St vs Detroit

14 DAYS ON ROCKET

-31 Days

$7,000

-$74K Less

$4/SqFt

-$67 Less

KEY TAKEAWAY

This property is $74K less than the Median Sold Price and $67/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: #20240024507

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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: 5/2/2024, 8:25:20 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

$102

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$87

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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-4617640
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-4617641
3
/10

  • Dickinson West Elementary School

  • 2333 Burger St

  • 2.64 miles

  • Public District Grades KG-6

school-card-donut-4617642
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 3.20 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 $26,486. The majority of Detroit, MI residents have income less than $35k annually. 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›48238›2037 Ford St

This home is located at 2037 Ford St in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 1,824 square foot home, which was built in 1923, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $7,000.

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. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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