7 months on rocket

24350 Penn St, Dearborn, MI, 48124

$49,900

0.13 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20230076352
Lot Size0.13 Acres
StatusActive

About 24350 Penn St

Don't miss this exceptional opportunity to own a city-owned lot, exclusively available for a cash-only sale. This vacant land, zoned residential (A), presents immense potential for single housing development. Please note that the city reserves the right to reject bids. The property is sold on an "as is" basis and requires the successful bidder to commence construction of a new single-family house within 18 months of closing. Located and surrounded by established neighborhoods and close to essential amenities, this is your chance to create your dream home. Act now and submit your cash offer to secure this city-owned gem. Buyer & Buyers agent to verify all data, measurements, information, flood zone, zoning and building code guidelines. All offers are welcomed, city will review all offers. City requests property to be on market minimum 4 weeks from the time of list prior to viewing all bids.

Property Details

Property Features

Listing Office:

  • Office Name: Sunflower Realty LLC
  • Office Phone: (313) 747-0700
  • Listing Agent: Mariam Khalaf

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

School Info

Assigned Schools Information:

  • Edsel Ford High School, Public District Grades 9-12
  • Smith Middle School, Public District Grades 6-8
  • Long Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: North of Annapolis St / West Telegraph Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
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Housing Market Comparison

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

Med. Sold Price

$242K

Med. Price/SqFt

$178

Avg. Days On Market

15

# of Sold Homes

50

24350 Penn St vs Dearborn

221 DAYS ON ROCKET

+206 Days

$49,900

-$192.1K Less

KEY TAKEAWAY

This property is $192.1K less than the Median Sold Price in Dearborn, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20230076352

Listing Office:

  • Office Name: Sunflower Realty LLC
  • Office Phone: (313) 747-0700
  • Listing Agent: Mariam Khalaf

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: 4/28/2024, 11:25:19 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

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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Rocket Mortgage

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.

Elementary School

school-card-donut-2211122
6
/10
  • Long Elementary School

  • 3100 Westwood St

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2211123
7
/10
  • Smith Middle School

  • 23851 Yale St

  • 0.39 miles

  • Public District Grades 6-8

High School

school-card-donut-2211124
5
/10
  • Edsel Ford High School

  • 20601 Rotunda Dr

  • 2.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,866. The most common annual income of people living in Dearborn, MI is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 24350 Penn St

What is the listing price of this property?

The listing price of 24350 Penn St property is $49,900.

What type of property is this?

The property 24350 Penn St is land located in Dearborn, Michigan, 48124.

Is this property for sale now?

Active Listing: 24350 Penn St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 24350 Penn St are:
Long Elementary School: GreatSchools Rating 6/10
Smith Middle School: GreatSchools Rating 7/10
Edsel Ford High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 24350 Penn St is 0.13 acres.
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Rocket HomesMichiganWayne CountyDearborn4812424350 Penn St

This home is located at 24350 Penn St in Dearborn, MI and zip code 48124 in the Westwood neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $49,900.

In March 2024 more than 26 listings in Dearborn, MI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 19 were sold below. In March 2024 in Dearborn, MI there were 7.4% more homes for sale than in February 2024. While the average time on the market in March 2024 was 15 days, the median list price was $242,000.

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

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