3 months on rocket

388 Chalmers St, Detroit, MI, 48215

$229,900

Home List Price

$2,730*

Closing Credit

4 Bedrooms
2 Full Baths
2,364 SqFt
$97/SqFt
House
Schools Nearby

Location

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388 Chalmers St, Detroit$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1920
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240005274
Lot Size0.13 Acres
StatusActive

About 388 Chalmers St

Welcome to this charming 4-bed, 2-bath brick colonial house in Jefferson Chalmers, a historic waterfront neighborhood. The classic exterior and inviting porch lead to a warm interior with hardwood floors and a cozy fireplace in the living room. The open layout connects the living and dining spaces seamlessly. The well-appointed kitchen is perfect for both daily meals and entertaining. With four spacious bedrooms, large windows, and two stylish bathrooms, this home provides comfort and convenience. One of its notable features is its proximity to the waterfront, allowing residents to enjoy scenic views and strolls by the water. The Jefferson Chalmers community offers a friendly atmosphere and easy access to local amenities, parks, and cultural attractions, creating a well-rounded and fulfilling lifestyle. Experience the best of historic charm and modern living in this delightful colonial house.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,364 SqFt

Listing Office:

  • Office Name: RE/MAX Team 2000
  • Office Phone: (313) 561-0900
  • Listing Agent: Al Alfarajalla

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: S OFF JEFFERSON ON CHALMERS

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $97/SqFt

Tax Information:

  • Annual Amount: $1,313
  • 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

388 Chalmers St vs Detroit

91 DAYS ON ROCKET

+42 Days

$229,900

+$149.7K More

$97/SqFt

+$27 More

KEY TAKEAWAY

This property is $149.7K more than the Median Sold Price and $27/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: #20240005274

Listing Office:

  • Office Name: RE/MAX Team 2000
  • Office Phone: (313) 561-0900
  • Listing Agent: Al Alfarajalla

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, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2020Home Sold
$32,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,313$21,100
2020$859$18,500
2018$859$12,400
2017$858$12,800

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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-1007152
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.28 miles

  • Public District Grades KG-5

school-card-donut-1007153
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 2.04 miles

  • Public District Grades KG-5

school-card-donut-1007154
6
/10

  • Richard Elementary School

  • 176 Mckinley Ave

  • 2.72 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,615. The most common annual income of people living in Detroit, MI is less than $35k. Most families are 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 388 Chalmers St

What is the listing price of this property?

The listing price of 388 Chalmers St property is $229,900.

What type of property is this?

The property 388 Chalmers St is a house located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 388 Chalmers 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 $1,313 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 16, 2020 for $32,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 388 Chalmers St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 388 Chalmers St is 2,364 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 388 Chalmers St is 1920.

Rocket Homes›Michigan›Wayne County›Detroit›48215›388 Chalmers St

This home is located at 388 Chalmers St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 2,364 square foot home, which was built in 1920, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 27, 2024 and is currently priced at $229,900.

While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. The inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. In March 2024 median list price was $80,163 and the average listing age was 49 days.

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

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