3 months on rocket

4600 Moran St, Detroit, MI, 48207

$9,900

Home List Price

$118*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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4600 Moran St, Detroit$9,900

Buyer Closing Credits

$118*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1890
HeatingForced Air, Natural Gas
BasementYes
MLS #24001491
Lot Size0.23 Acres
StatusActive

About 4600 Moran St

Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223K$. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Property Details

Property Features

Property Information:

  • Year Built: 1890

Listing Office:

  • Office Name: BellaBay Realty Tri-Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha Talley

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: South of Forest, East Side of Moran

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,900
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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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

4600 Moran St vs Detroit

118 DAYS ON ROCKET

+73 Days

$9,900

-$71.1K Less

KEY TAKEAWAY

This property is $71.1K less than the Median Sold Price 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: #24001491

Listing Office:

  • Office Name: BellaBay Realty Tri-Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha Talley

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: 5/1/2024, 7:20:22 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 - -

History based on county public records data.

Payment Calculator

$117

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$96

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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-4352313
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 0.39 miles

  • Public Charter Grades KG-4

school-card-donut-4352314
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.26 miles

  • Public Charter Grades KG-5

school-card-donut-4352315
7
/10

  • Oakland International Academy - Elementary School

  • 4001 Miller St

  • 1.77 miles

  • Public Charter Grades 2-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $9,571. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48207›4600 Moran St

This home is located at 4600 Moran St in Detroit, MI and zip code 48207 in the Downtown neighborhood. This home, which was built in 1890, sits on a 0.23 acre lot. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $9,900.

In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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