6 months on rocket

2525 Ford St, Detroit, MI, 48238

$19,999

Home List Price

$237*

Closing Credit

4 Bedrooms
2 Full Baths
1,960 SqFt
$10/SqFt
House
Schools Nearby

Location

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2525 Ford St, Detroit$19,999

Buyer Closing Credits

$237*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1925
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230089839
Lot Size0.08 Acres
StatusActive

About 2525 Ford St

Incredible Investment Opportunity - Spacious 4-Bedroom Home! Description: Discover an exceptional investment opportunity with this spacious 4-bedroom, 2-full-bath property that's priced to sell at under $16,000! this property offers tremendous potential for the savvy investor. Key Features: Bedrooms: Four generously sized bedrooms provide ample space for residents or tenants. Bathrooms: With two full bathrooms, convenience and comfort are at the forefront of this property's design. Living Space: The home offers over 1900 sq ft of interior space, making it an ideal canvas for customization and renovation. Investment Potential: This property is a prime opportunity for investors looking to restore and revitalize a residential gem. Location: [Include information about the neighborhood, proximity to schools, parks, and public transportation.] Condition: Please note that the current condition of the property may require extensive renovation. This is an ideal project for investors looking to add value. Investor's Dream: If you're seeking a fixer-upper or an investment property with incredible potential, this is your chance. Whether you're a seasoned investor or just getting started, this property is a fantastic opportunity to make your mark in the real estate market. Affordable Investment: At a price point of less than $16,000, this investment opportunity is hard to beat. Take advantage of the low entry cost and transform this property into a profitable asset. Contact Information: Don't let this investment slip away. For inquiries, further details, or to schedule a viewing, please contact [Your Contact Information]. Act quickly as properties in this price range tend to move fast. This is your chance to turn a hidden gem into a lucrative investment. Don't miss out on this incredible real estate opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Jonathan Farida

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

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: From Oakman take Lasalle Blvd south to Ford west. House is on south side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,999
  • Price Per SqFt: $10/SqFt

Tax Information:

  • Annual Amount: $1,845
  • 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

2525 Ford St vs Detroit

194 DAYS ON ROCKET

+149 Days

$19,999

-$61K Less

$10/SqFt

-$61 Less

KEY TAKEAWAY

This property is $61K less than the Median Sold Price and $61/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: #20230089839

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Jonathan Farida

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, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 19, 2021Home Sold
$12,000
Jan 28, 2021Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,845$11,000
2020$1,204$12,400
2018$1,204$10,000
2017$836$9,300

History based on county public records data.

Payment Calculator

$167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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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-4563539
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.70 miles

  • Public Charter Grades KG-5

school-card-donut-4563540
3
/10
  • Dickinson West Elementary School

  • 2333 Burger St

  • 2.94 miles

  • Public District Grades KG-6

school-card-donut-4563541
4
/10
  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 3.32 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,486. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2525 Ford St

What is the listing price of this property?

The listing price of 2525 Ford St property is $19,999.

What type of property is this?

The property 2525 Ford St is a house located in Detroit, Michigan, 48238.

Is this property for sale now?

Active Listing: 2525 Ford St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,845 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 19, 2021 for $12,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2525 Ford St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2525 Ford St is 1,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2525 Ford St is 1925.

Rocket Homes›Michigan›Wayne County›Detroit›48238›2525 Ford St

This home is located at 2525 Ford St in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 1,960 square foot home, which was built in 1925, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $19,999.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024 median list price was $81,036 and the average listing age was 45 days.

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

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