2 months on rocket

495 Marlborough St, Detroit, MI, 48215

$65,000

Home List Price

$772*

Closing Credit

2 Full Baths, 2 Partial
1,677 SqFt
$39/SqFt
Multi
Schools Nearby

Location

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495 Marlborough St, Detroit$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240009387
Lot Size0.11 Acres
StatusActive

About 495 Marlborough St

2- FAMILY HOME LOCATED IN JERFFERSON-CHALMERS AREA JUST MINUTES FROM DOWNTOWN DETROIT. HOME NEEDS REHAB. GREAT INVESTMENT OPPORTUNITY FOR INVESTOR OR OWNER OCCUPANT. BUYER TO PAY $995 PROCESSING FEE TO LISTING BROKERAGE.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,677 SqFt

Listing Office:

  • Office Name: ARG Realty
  • Office Phone: (313) 792-8030
  • Listing Agent: Tarick M Salmaci

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • 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, Hot Water

Other

Directions Information:

  • Directions: SOUTH OF JEFFERSON AVE, W OF ALTER

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $664
  • 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

495 Marlborough St vs Detroit

73 DAYS ON ROCKET

+24 Days

$65,000

-$15.1K Less

$39/SqFt

-$31 Less

KEY TAKEAWAY

This property is $15.1K less than the Median Sold Price and $31/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: #20240009387

Listing Office:

  • Office Name: ARG Realty
  • Office Phone: (313) 792-8030
  • Listing Agent: Tarick M Salmaci

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: 4/29/2024, 12:55:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 25, 2020Home Sold
$19,000

Tax History

YEARPROP. TAXASSESSMENT
2021$664$16,200
2020$856$14,300
2018$856$9,300
2017$852$9,500

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-2790246
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-2790247
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.92 miles

  • Public District Grades KG-5

school-card-donut-2790248
6
/10

  • Richard Elementary School

  • 176 Mckinley Ave

  • 2.62 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,615. Typical income of Detroit, MI residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48215›495 Marlborough St

This home is located at 495 Marlborough St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 1,677 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $65,000.

Detroit, MI housing market in March 2024 saw over 94 listings sold above listed price, more than 74 sold at listed price and over 224 sold below. 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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