13 days on rocket

Sale Pending

2386 Ferris St, Detroit, MI, 48209

$89,900

Home List Price

$1,068*

Closing Credit

5 Bedrooms
2 Full Baths
1,512 SqFt
$59/SqFt
House
Schools Nearby

Location

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2386 Ferris St, Detroit$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1924
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240025311
Lot Size0.07 Acres
StatusSale Pending
(Pending)

About 2386 Ferris St

Southwest Detroit! The heart of the City.. Come Check out this 1.5 Story home with just over 1500+ sq Ft. 5 Bedrooms. 2 Full Bathrooms. Full Basement. 2 Car Detached Garage. Pull up and check it out. Huge Covered Front Porch. Enjoy those nice summer mornings drinking coffee and Hanging out. Walk in to the VERY large Living room with Hardwood Floors. Large Formal Dining Room with Hardwood Floors. 2 spacious bedrooms on the main floor. Completely updated main bath on first level. Large Kitchen with lots of cabinets and enough roof for a breakfast table. Covered porch off Back of house. To the Up stairs 3 extra bedrooms with a full common area for sitting or desk area. Lower level basement with full bath. Very large great set up to be finished. Furnace and HWT are out the way to have a nice wide open basement / man cave. Laundry area. Wall side windows thru out. Updated electrical thru out. Close to shopping. Houses of worship and tons of restaurants. This house could make the perfect home for the growing family. Bring all you ideas make your appointment and lets get this property sold. Seller very willing to work with BUYERS agents. Please allow 24 hour notice to show. 3o days occupancy needed after closing.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: Park Avenue Realty Inc
  • Office Phone: (313) 382-2300
  • Listing Agent: Kelly A Matelic

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Vernor to Ferris property on Right Hand Side

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $59/SqFt

Tax Information:

  • Annual Amount: $860
  • Tax Year: 2021
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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

2386 Ferris St vs Detroit

13 DAYS ON ROCKET

-32 Days

$89,900

+$8.8K More

$59/SqFt

-$12 Less

KEY TAKEAWAY

This property is $8.8K more than the Median Sold Price and $12/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: #20240025311

Listing Office:

  • Office Name: Park Avenue Realty Inc
  • Office Phone: (313) 382-2300
  • Listing Agent: Kelly A Matelic

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, 12:25:22 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$860$19,400
2020$816$17,200
2018$816$11,100
2017$815$10,900

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-4484536
4
/10
  • Salina Intermediate School

  • 2623 Salina St

  • 0.88 miles

  • Public District Grades 4-8

school-card-donut-4484537
4
/10
  • Salina Elementary School

  • 2700 Ferney St

  • 0.94 miles

  • Public District Grades PK-3

school-card-donut-4484538
6
/10
  • Cesar Chavez Academy Intermediate School

  • 4100 Martin St

  • 1.32 miles

  • Public Charter Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,625. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2386 Ferris St

What is the listing price of this property?

The listing price of 2386 Ferris St property is $89,900.

What type of property is this?

The property 2386 Ferris St is a house located in Detroit, Michigan, 48209.

Is this property for sale now?

Sale Pending: 2386 Ferris St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $860 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2386 Ferris St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2386 Ferris St is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2386 Ferris St is 1924.

Rocket HomesMichiganWayne CountyDetroit482092386 Ferris St

This home is located at 2386 Ferris St in Detroit, MI and zip code 48209 in the Springwells neighborhood. This 1,512 square foot home, which was built in 1924, sits on a 0.07 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $89,900.

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%. While the average time on the market in April 2024 was 45 days, the median list price was $81,036.

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

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