3 months on rocket

262 Mack Ave Unit 4, Detroit, MI, 48201

$560,000

Home List Price

$6,650*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,278 SqFt
$438/SqFt
Condo
Schools Nearby

Location

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262 Mack Ave Unit 4, Detroit$560,000

Buyer Closing Credits

$6,650*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2018
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #24001626
StatusActive

About 262 Mack Ave Unit 4

Step right in and walk right up to the best townhouse experience in Detroit. New construction from 2018, this end unit with THREE walls of natural light has everything you would want and expect in Detroit's new era. With beautiful hardwood floors, stainless steel appliances, and 10-foot ceilings, you'll love every time you come home. And with immediate access from the street and a dedicated end space in an owner-only parking garage, you'll have peace of mind every time you leave. Directly across the street from the Detroit Medical Center, a stone's throw from Whole Foods, and walking distance to Detroit's world class sports and entertainment district, this is an investment to hold forever. Live, rent, or AirBnB this one-of-a-kind, Midtown townhouse. (15-year NEZ currently in place!)

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2018
  • Stories: 2
  • Living Area: 1,278 SqFt

Listing Office:

  • Office Name: RE/MAX Platinum
  • Office Phone: (734) 741-1000
  • Listing Agent: Daniel DeCapua, Jeffrey Brown

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Basement: No
  • Interior: Kitchen Island

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Woodward to Mack.

Price Information

Listing Price Info

Price Summary:

  • List Price: $560,000
  • Price Per SqFt: $438/SqFt

HOA Fees:

  • Amount: $399
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,027
  • Tax Year: 2020
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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

262 Mack Ave Unit 4 vs Detroit

117 DAYS ON ROCKET

+72 Days

$560,000

+$478.9K More

$438/SqFt

+$367 More

KEY TAKEAWAY

This property is $478.9K more than the Median Sold Price and $367/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24001626

Listing Office:

  • Office Name: RE/MAX Platinum
  • Office Phone: (734) 741-1000
  • Listing Agent: Daniel DeCapua, Jeffrey Brown

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 10:20:22 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
2020$1,027$11,200

History based on county public records data.

Payment Calculator

$3,261

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,745

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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-4668707
4
/10
  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.23 miles

  • Public Charter Grades KG-5

school-card-donut-4668708
7
/10
  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.40 miles

  • Public Charter Grades KG-4

school-card-donut-4668709
3
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.46 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,667. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 262 Mack Ave Unit 4

What is the listing price of this property?

The listing price of 262 Mack Ave Unit 4 property is $560,000.

What type of property is this?

The property 262 Mack Ave Unit 4 is a condo located in Detroit, Michigan, 48201.

Is this property for sale now?

Active Listing: 262 Mack Ave Unit 4 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 2020 is $1,027 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 262 Mack Ave Unit 4 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 262 Mack Ave Unit 4 is 1,278 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 262 Mack Ave Unit 4 is 2018.

Rocket HomesMichiganWayne CountyDetroit48201262 Mack Ave Unit 4

This home is located at 262 Mack Ave Unit 4 in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 1,278 square foot home was built in 2018. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 05, 2024 and is currently priced at $560,000.

Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. 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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