2 years on rocket

2187 Concord St, Detroit, MI, 48207

$5,000

Home List Price

$59*

Closing Credit

2 Full Baths
2,386 SqFt
$2/SqFt
Multi
Schools Nearby

Location

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2187 Concord St, Detroit$5,000

Buyer Closing Credits

$59*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1913
HeatingNatural Gas, Forced Air
BasementYes
MLS #2220010121
Lot Size0.11 Acres
StatusActive

About 2187 Concord St

Great for experienced investors. 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 abatement 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 abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines and offer submission information. BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1913
  • Stories: 2
  • Living Area: 2,386 SqFt

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

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: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: TAKE MACK AVE HEADED EAST PASS MT ELLIOT MAKE RIGHT ONTO CONCORD AVE

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000
  • Price Per SqFt: $2/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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

2187 Concord St vs Detroit

800 DAYS ON ROCKET

+751 Days

$5,000

-$75.1K Less

$2/SqFt

-$68 Less

KEY TAKEAWAY

This property is $75.1K less than the Median Sold Price and $68/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: #2220010121

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

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: 4/27/2024, 9:25:20 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

$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-1129046
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.09 miles

  • Public Charter Grades KG-5

school-card-donut-1129047
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.10 miles

  • Public Charter Grades KG-5

school-card-donut-1129048
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.16 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,375. The majority of Detroit, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48207›2187 Concord St

This home is located at 2187 Concord St in Detroit, MI and zip code 48207 in the Lower East neighborhood. This 2,386 square foot home, which was built in 1913, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since February 17, 2022 and is currently priced at $5,000.

Detroit, MI housing market in March 2024 saw over 94 listings sold above listed price, more than 74 sold at listed price and over 224 sold below. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.

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

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