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284 Erskine St, Detroit, MI, 48201

$750,000

Home List Price

$8,906*

Closing Credit

8 Bedrooms
4 Full Baths
5,442 SqFt
$138/SqFt
House
Schools Nearby

Location

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284 Erskine St, Detroit$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1900
HeatingNatural Gas, Hot Water
CoolingCentral Air
BasementYes
FireplaceNatural
MLS #20240018650
Lot Size0.17 Acres
StatusActive

About 284 Erskine St

Discover A Promising Historic Renovation Opportunity In The Thriving Brush Park Neighborhood. This Well-located Property, Situated In An Opportunity Zone, Is Primed For Development of a Single Family Home, Four Potential Condo Units Or As Income-Generating Rentals. The Property Allows For A Versatile Blend Of Short & Long Term Rental Options. Benefit From Installed Electrical And Gas Infrastructure, A New Roof, And Completed Rough Framing. Alley Access for Parking/ Room to Build Garage or Carriage House. Enjoy Tax Advantages As The Property Falls Within A Qualified Opportunity Zone And May Also Qualify For NEZ Status, Offering Potential Tax Reductions. Seize The Chance To Invest Strategically In Historic Brush Park, One of The Fastest-growing Communities In Detroit, Centrally Located To Key Attractions & Amenities Including Downtown, Entertainment District, Sports Venues, Midtown, DMC, Wayne State University, Eastern Market, Gratiot & Woodward Corridors Making This A Unique & Endless Opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1900
  • Stories: 3
  • Living Area: 5,442 SqFt

Listing Office:

  • Office Name: Own It Realty
  • Office Phone: (313) 395-0000
  • Listing Agent: Hassan Shukr

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Natural

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East of Woodward South of Mack

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $5,409
  • Tax Year: 2021
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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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

284 Erskine St vs Detroit

33 DAYS ON ROCKET

-16 Days

$750,000

+$669.8K More

$138/SqFt

+$68 More

KEY TAKEAWAY

This property is $669.8K more than the Median Sold Price and $68/SqFt more 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: #20240018650

Listing Office:

  • Office Name: Own It Realty
  • Office Phone: (313) 395-0000
  • Listing Agent: Hassan Shukr

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, 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 24, 2016Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,409$242,600
2020$3,508$199,800
2018$3,508$37,800
2017$70$800

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-1956807
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.14 miles

  • Public Charter Grades KG-5

school-card-donut-1956808
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.41 miles

  • Public Charter Grades KG-4

school-card-donut-1956809
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.60 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 $24,667. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 284 Erskine St

What is the listing price of this property?

The listing price of 284 Erskine St property is $750,000.

What type of property is this?

The property 284 Erskine St is a house located in Detroit, Michigan, 48201.

Is this property for sale now?

Active Listing: 284 Erskine 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 $5,409 (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 24, 2016 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 284 Erskine St has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 284 Erskine St is 5,442 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 284 Erskine St is 1900.

Rocket Homes›Michigan›Wayne County›Detroit›48201›284 Erskine St

This home is located at 284 Erskine St in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 5,442 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $750,000.

In March 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 224 sold below and more than 74 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. Listings spent 49 days on the market in March 2024, and had a median list price of $80,163 during the same period.

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

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