6 months on rocket

2971 Seyburn St, Detroit, MI, 48214

$18,500

Home List Price

$220*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,401 SqFt
$13/SqFt
House
Schools Nearby

Location

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2971 Seyburn St, Detroit$18,500

Buyer Closing Credits

$220*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1910
HeatingNatural Gas, Radiant
BasementYes
MLS #20230087159
Lot Size0.07 Acres
StatusActive

About 2971 Seyburn St

Welcome to the latest offering from the Detroit Land Bank Authority. 4 Bedroom colonial, located in the Islandview subdivision. Needs extensive rehab, please show with caution. 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/or 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

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,401 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:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant

Other

Directions Information:

  • Directions: mack ave. East to Seyburn, go south

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,500
  • Price Per SqFt: $13/SqFt

Tax Information:

  • Annual Amount: $240
  • Tax Year: 2020
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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

2971 Seyburn St vs Detroit

198 DAYS ON ROCKET

+153 Days

$18,500

-$62.5K Less

$13/SqFt

-$58 Less

KEY TAKEAWAY

This property is $62.5K less than the Median Sold Price and $58/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: #20230087159

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: 5/2/2024, 4:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - -
2020$240 -
2018$240 -
2017$497$8,700

History based on county public records data.

Payment Calculator

$160

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$122

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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-4531905
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.41 miles

  • Public Charter Grades KG-4

school-card-donut-4531906
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.64 miles

  • Public Charter Grades KG-5

school-card-donut-4531907
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.68 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 $28,729. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2971 Seyburn St

What is the listing price of this property?

The listing price of 2971 Seyburn St property is $18,500.

What type of property is this?

The property 2971 Seyburn St is a house located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 2971 Seyburn 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 2020 is $240 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2971 Seyburn St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2971 Seyburn St is 1,401 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2971 Seyburn St is 1910.

Rocket Homes›Michigan›Wayne County›Detroit›48214›2971 Seyburn St

This home is located at 2971 Seyburn St in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 1,401 square foot home, which was built in 1910, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $18,500.

In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 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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