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3963 Meldrum St, Detroit, MI, 48207

$40,000

Home List Price

$475*

Closing Credit

4 Bedrooms
1 Full Bath
1,730 SqFt
$23/SqFt
House
Schools Nearby

Location

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3963 Meldrum St, Detroit$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1900
HeatingForced Air, Natural Gas
BasementYes
MLS #24001912
Lot Size0.10 Acres
StatusActive

About 3963 Meldrum St

Seller Has A Registered Quit Claim Deed From Wayne county.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,730 SqFt

Listing Office:

  • Office Name: Front Page Properties
  • Office Phone: (313) 877-9020
  • Listing Agent: Vincent E Pinkins

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: From Downtown Detroit go south on Gratiot left on Meldrum home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
  • Price Per SqFt: $23/SqFt

Tax Information:

  • Annual Amount: $1,274
  • 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

3963 Meldrum St vs Detroit

126 DAYS ON ROCKET

+77 Days

$40,000

-$40.1K Less

$23/SqFt

-$47 Less

KEY TAKEAWAY

This property is $40.1K less than the Median Sold Price and $47/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24001912

Listing Office:

  • Office Name: Front Page Properties
  • Office Phone: (313) 877-9020
  • Listing Agent: Vincent E Pinkins

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 12:50:21 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$1,274$12,600
2020$834$13,100
2018$834$8,700
2017$1,065$9,400

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-1982582
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 0.59 miles

  • Public Charter Grades KG-4

school-card-donut-1982583
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.23 miles

  • Public Charter Grades KG-5

school-card-donut-1982584
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.69 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 $12,500. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3963 Meldrum St

What is the listing price of this property?

The listing price of 3963 Meldrum St property is $40,000.

What type of property is this?

The property 3963 Meldrum St is a house located in Detroit, Michigan, 48207.

Is this property for sale now?

Active Listing: 3963 Meldrum 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 $1,274 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3963 Meldrum St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3963 Meldrum St is 1,730 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3963 Meldrum St is 1900.

Rocket Homes›Michigan›Wayne County›Detroit›48207›3963 Meldrum St

This home is located at 3963 Meldrum St in Detroit, MI and zip code 48207 in the Lower East neighborhood. This 1,730 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 24, 2023 and is currently priced at $40,000.

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. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. 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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