2 months on rocket

3816 Monterey St, Detroit, MI, 48206

$35,000

Home List Price

$416*

Closing Credit

3 Bedrooms
2 Full Baths
1,080 SqFt
$32/SqFt
House
Schools Nearby

Location

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3816 Monterey St, Detroit$35,000

Buyer Closing Credits

$416*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1903
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240010138
Lot Size0.07 Acres
StatusActive

About 3816 Monterey St

Indulge in the convenience of close proximity to shopping, schools, and parks, with the added advantage of being just a 15-minute drive to downtown Detroit and a swift 30-minute commute to DTW Airport. This 3-bedroom fixer-upper offers a fantastic investment opportunity transform it to your liking. Close to the esteemed Historical District of Russell Woods Neighborhood, this property presents itself as an ideal first-time home, flip or rental investment, with property values in the area surpassing $100,000." Much Development in an up and coming area. Price to sell.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1903
  • Stories: 2
  • Living Area: 1,080 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (248) 937-1337
  • Listing Agent: Jennifer Aparicio-Zavalza

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: south of Dexter and north of Boardstreet .

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,000
  • Price Per SqFt: $32/SqFt

Tax Information:

  • Annual Amount: $865
  • 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

3816 Monterey St vs Detroit

67 DAYS ON ROCKET

+18 Days

$35,000

-$45.1K Less

$32/SqFt

-$38 Less

KEY TAKEAWAY

This property is $45.1K less than the Median Sold Price and $38/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: #20240010138

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (248) 937-1337
  • Listing Agent: Jennifer Aparicio-Zavalza

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: 4/27/2024, 6:25:19 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$865$4,200
2020$559$5,300
2018$559$3,700
2017$538$3,400

History based on county public records data.

Payment Calculator

$242

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$171

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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-1072769
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.84 miles

  • Public Charter Grades KG-5

school-card-donut-1072770
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.82 miles

  • Public District Grades PK-5

school-card-donut-1072771
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.94 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 $12,228. 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 high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3816 Monterey St

What is the listing price of this property?

The listing price of 3816 Monterey St property is $35,000.

What type of property is this?

The property 3816 Monterey St is a house located in Detroit, Michigan, 48206.

Is this property for sale now?

Active Listing: 3816 Monterey 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 $865 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3816 Monterey St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3816 Monterey St is 1,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3816 Monterey St is 1903.

Rocket Homes›Michigan›Wayne County›Detroit›48206›3816 Monterey St

This home is located at 3816 Monterey St in Detroit, MI and zip code 48206 in the Winterhalter neighborhood. This 1,080 square foot home, which was built in 1903, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $35,000.

Detroit, MI housing market in March 2024 saw over 94 listings sold above listed price, more than 74 sold at listed price and over 224 sold below. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.

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

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