6 months on rocket

3726 Tyler St, Detroit, MI, 48238

$10,000

Home List Price

$119*

Closing Credit

2 Full Baths, 1 Partial
2,600 SqFt
$4/SqFt
Multi
Schools Nearby

Location

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3726 Tyler St, Detroit$10,000

Buyer Closing Credits

$119*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1927
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230080634
Lot Size0.09 Acres
StatusActive

About 3726 Tyler St

Great opportunity for experienced investors. Property located in Detroit's Russell Woods Community. Buyer must submit a proposal to purchase, including construction plans & financing plan w/ Proof Of Fund or Pre-App letter on a new construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Upper/Lower Apartment
  • Year Built: 1927
  • Stories: 2
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: HEAD EAST ON DAVISON, MAKE LEFT ONTO DEXTER MAKE RIGHT ONTO FYLER.

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,000
  • Price Per SqFt: $4/SqFt

Tax Information:

  • Annual Amount: $2,200
  • 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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

3726 Tyler St vs Detroit

203 DAYS ON ROCKET

+158 Days

$10,000

-$71K Less

$4/SqFt

-$67 Less

KEY TAKEAWAY

This property is $71K less than the Median Sold Price and $67/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: #20230080634

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

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

Tax History

YEARPROP. TAXASSESSMENT
2021$2,200$14,200
2020 - $13,200
2017$1,165$9,400

History based on county public records data.

Payment Calculator

$117

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$96

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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-4560344
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.95 miles

  • Public Charter Grades KG-5

school-card-donut-4560345
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 3.14 miles

  • Public District Grades PK-5

school-card-donut-4560346
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 3.30 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 $14,025. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›3726 Tyler St

This home is located at 3726 Tyler St in Detroit, MI and zip code 48238 in the Winterhalter neighborhood. This 2,600 square foot home, which was built in 1927, sits on a 0.09 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since October 11, 2023 and is currently priced at $10,000.

While more than 94 listings in Detroit, MI in April 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 243 were sold below. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

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

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