new - 4 days on rocket

3990 Meldrum St, Detroit, MI, 48207

$36,000

Home List Price

$428*

Closing Credit

2 Full Baths
2,296 SqFt
$16/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3990 Meldrum St, Detroit$36,000

Buyer Closing Credits

$428*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1921
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240026450
Lot Size0.11 Acres
StatusActive

About 3990 Meldrum St

Large Duplex on Detroit's East Side in the Gratiot-Grand neighborhood. Located just outside of Islandview. Each unit features 2 bedrooms, 1 bathroom, living room, dining room and bathroom. Located near main roads and highways. Easy shot down Gratiot to get into Downtown. Bring it back to its glory! BUYER TO PAY $495 PROCESSING FEE TO LISTING BROKER.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1921
  • Stories: 2
  • Living Area: 2,296 SqFt

Listing Office:

  • Office Name: Detroit Progress Realty LLC
  • Office Phone: (313) 888-6060
  • Listing Agent: Mikhail Grigoryan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of Gratiot and East of Mt Elliott

Price Information

Listing Price Info

Price Summary:

  • List Price: $36,000
  • Price Per SqFt: $16/SqFt

Tax Information:

  • Annual Amount: $950
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Detroit, MI.

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

3990 Meldrum St vs Detroit

4 DAYS ON ROCKET

-45 Days

$36,000

-$44.1K Less

$16/SqFt

-$54 Less

KEY TAKEAWAY

This property is $44.1K less than the Median Sold Price and $54/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: #20240026450

Listing Office:

  • Office Name: Detroit Progress Realty LLC
  • Office Phone: (313) 888-6060
  • Listing Agent: Mikhail Grigoryan

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, 7:25:19 PM 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$950$13,000
2020$624$13,800
2018$624$9,900
2017$623$11,000

History based on county public records data.

Payment Calculator

$247

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$174

Powered By

Rocket Mortgage

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-1561003
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 0.63 miles

  • Public Charter Grades KG-4

school-card-donut-1561004
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.28 miles

  • Public Charter Grades KG-5

school-card-donut-1561005
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.73 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. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48207›3990 Meldrum St

This home is located at 3990 Meldrum St in Detroit, MI and zip code 48207 in the Lower East neighborhood. This 2,296 square foot home, which was built in 1921, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $36,000.

Over 94 listings were sold over their listed price in March 2024 in Detroit, MI. In the same period over 224 listings were sold below the listed price and 74 listings were sold for the listed price. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

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

More Resources