1 year on rocket

408 Horton St, Detroit, MI, 48202

$159,000

Home List Price

$1,888*

Closing Credit

6 Bedrooms
3 Full Baths
2,614 SqFt
$61/SqFt
House
Schools Nearby

Location

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408 Horton St, Detroit$159,000

Buyer Closing Credits

$1,888*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1915
HeatingNatural Gas, Forced Air
BasementYes
MLS #20221028645
Lot Size0.07 Acres
StatusActive

About 408 Horton St

Offering a unique investment opportunity in prime North End Detroit with this 3-story Victorian home. Bring your contractor and vision! The layouts can be reconfigured accordingly as a single-family or multi family home, as it is mostly down to the studs. The property had a new roof and some new windows added in 2019. Work completed in 2022 includes partially rebuilding the right side basement wall, adding a new full basement 22’x52’ concrete slab and new concrete sidewalk on 3 sides at a cost of $30K. Listing room measurements are estimates only. Property is being sold as-is. Fantastic location around the corner from the Michigan Urban Farming Initiative, within walking distance of great shops, restaurants and the Q Line, close to New Center Commons, the Fisher building and downtown Detroit!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1915
  • Stories: 3
  • Living Area: 2,614 SqFt

Listing Office:

  • Office Name: Max Broock, REALTORS®-Detroit
  • Office Phone: (313) 324-8430
  • Listing Agent: Michael Coffindaffer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: One block north of E Grand Blvd and east of Brush St, second home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,000
  • Price Per SqFt: $61/SqFt

Tax Information:

  • Annual Amount: $26
  • 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

408 Horton St vs Detroit

631 DAYS ON ROCKET

+582 Days

$159,000

+$78.8K More

$61/SqFt

-$9 Less

KEY TAKEAWAY

This property is $78.8K more than the Median Sold Price and $9/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: #20221028645

Listing Office:

  • Office Name: Max Broock, REALTORS®-Detroit
  • Office Phone: (313) 324-8430
  • Listing Agent: Michael Coffindaffer

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: 4/30/2024, 8:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 12, 2019Home Sold
$14,541

Tax History

YEARPROP. TAXASSESSMENT
2021$26$200
2020$17$200
2018$17$200
2017$17$200

History based on county public records data.

Payment Calculator

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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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-3920000
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 0.54 miles

  • Public Charter Grades KG-5

school-card-donut-3920001
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.87 miles

  • Public Charter Grades KG-5

school-card-donut-3920002
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.54 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 $22,545. Residents of Detroit, MI typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 408 Horton St

What is the listing price of this property?

The listing price of 408 Horton St property is $159,000.

What type of property is this?

The property 408 Horton St is a house located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 408 Horton 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 $26 (source: MLS/based on county public records data).

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

The last sale was on December 12, 2019 for $14,541. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 408 Horton St has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 408 Horton St is 2,614 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 Horton St is 1915.

Rocket Homes›Michigan›Wayne County›Detroit›48202›408 Horton St

This home is located at 408 Horton St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 2,614 square foot home, which was built in 1915, sits on a 0.07 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 08, 2022 and is currently priced at $159,000.

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%. 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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