2 years on rocket

2623 Fairview St, Detroit, MI, 48214

$5,700

Home List Price

$68*

Closing Credit

2 Full Baths
751 SqFt
$8/SqFt
Multi
Schools Nearby

Location

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2623 Fairview St, Detroit$5,700

Buyer Closing Credits

$68*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1915
HeatingNatural Gas, Forced Air
BasementYes
MLS #2210071847
Lot Size0.37 Acres
StatusActive

About 2623 Fairview St

Welcome to the latest offering from the Detroit Land Bank Authority. Brick Duplex, 2 bedrooms each unit. Perfect for investment. Needs TLC. The gem of this deal is the huge adjacent lot that accompanies the property perfect for development or whatever your creative juices will allow. 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 abatements and lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines. A licensed agent needs to accompany all showings

Property Details

Property Features

Property Information:

  • Architectural Style: Dutch Colonial
  • Year Built: 1915
  • Stories: 2
  • Living Area: 751 SqFt

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley II

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: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: jefferson east to fairview go north

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,700
  • Price Per SqFt: $8/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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

2623 Fairview St vs Detroit

981 DAYS ON ROCKET

+936 Days

$5,700

-$75.3K Less

$8/SqFt

-$63 Less

KEY TAKEAWAY

This property is $75.3K less than the Median Sold Price and $63/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: #2210071847

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley II

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: 5/8/2024, 3:20:36 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

$96

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$84

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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-8195674
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 2.23 miles

  • Public District Grades KG-5

school-card-donut-8195675
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 2.90 miles

  • Public Charter Grades KG-4

school-card-donut-8195676
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 2.99 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,929. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48214›2623 Fairview St

This home is located at 2623 Fairview St in Detroit, MI and zip code 48214 in the Foch neighborhood. This 751 square foot home, which was built in 1915, sits on a 0.37 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 30, 2021 and is currently priced at $5,700.

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. In April 2024 in Detroit, MI there were 12.7% more homes for sale than in March 2024. 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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