6 months on rocket

Sale Pending

402 Alter Rd, Detroit, MI, 48215

$124,900

Home List Price

$1,483*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,127 SqFt
$111/SqFt
House
Schools Nearby

Location

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402 Alter Rd, Detroit$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1946
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230091921
Lot Size0.09 Acres
StatusSale Pending
(Pending)

About 402 Alter Rd

Welcome Home to this 3 bedroom, 1.5 bath 1/2 Duplex located in Detroit neighborhood WINDMILL POINTE Sub. This home boasts an open floor plan. Plenty of storage. Two car Detached garage. This property offers an ideal blend of convenience and comfort, with nearby schools, parks, shopping, and dining. Nestled in a community steeped in history, and just a stone's throw away from the Detroit River, this property offers a unique opportunity to embrace Detroit's rich heritage. Ready to roll up your sleeves and transform this house into your very own gem? Contact us today and seize this chance to shape your future in a fantastic location. Don't wait – make it yours!

Property Details

Property Features

Property Information:

  • Architectural Style: 1/2 Duplex with Land
  • Year Built: 1946
  • Stories: 2
  • Living Area: 1,127 SqFt

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 468-1444
  • Listing Agent: Ryan Donahue

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: North of Avondale, South of E Jefferson Ave, West of Barrington Rd, East of Ashland St

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900
  • Price Per SqFt: $111/SqFt

Tax Information:

  • Annual Amount: $1,052
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

402 Alter Rd vs Detroit

186 DAYS ON ROCKET

+137 Days

$124,900

+$44.7K More

$111/SqFt

+$41 More

KEY TAKEAWAY

This property is $44.7K more than the Median Sold Price and $41/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: #20230091921

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 468-1444
  • Listing Agent: Ryan Donahue

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: 5/1/2024, 2:25:19 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$1,052$17,500
2020$903$15,100
2018$903$10,400
2017$902$10,600

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-4031562
5
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-4031563
8
/10
  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-4031564
6
/10
  • Richard Elementary School

  • 176 Mckinley Ave

  • 2.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,615. Residents of Detroit, MI typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 Alter Rd

What is the listing price of this property?

The listing price of 402 Alter Rd property is $124,900.

What type of property is this?

The property 402 Alter Rd is a house located in Detroit, Michigan, 48215.

Is this property for sale now?

Sale Pending: 402 Alter Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,052 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 402 Alter Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 402 Alter Rd is 1,127 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 Alter Rd is 1946.

Rocket HomesMichiganWayne CountyDetroit48215402 Alter Rd

This home is located at 402 Alter Rd in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 1,127 square foot home, which was built in 1946, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 27, 2023 and is currently priced at $124,900.

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. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. 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.

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