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5103 Neff Ave, Detroit, MI, 48224

$12,000

Home List Price

$143*

Closing Credit

2 Bedrooms
1 Full Bath
673 SqFt
$18/SqFt
House
Schools Nearby

Location

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5103 Neff Ave, Detroit$12,000

Buyer Closing Credits

$143*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1924
HeatingNatural Gas, Forced Air
MLS #20221043252
Lot Size0.20 Acres
StatusActive

About 5103 Neff Ave

3 Home Bundle Sale in the Cornerstone Village Neighborhood. 4700 Neff, 4880 Lodewyck and 5103 Neff included in this sale for the total price of $12,000 for all three homes. Excellent income property opportunity. Newer roof and many immediate upgrades to surrounding area. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. No Land Contracts. Buyer to have the property inspected as their is no property inspection report on file. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements. BTVAI & Sizes.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1924
  • Stories: 1
  • Living Area: 673 SqFt

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: E Warren to Neff

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000
  • Price Per SqFt: $18/SqFt
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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

5103 Neff Ave vs Detroit

585 DAYS ON ROCKET

+536 Days

$12,000

-$68.1K Less

$18/SqFt

-$52 Less

KEY TAKEAWAY

This property is $68.1K less than the Median Sold Price and $52/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: #20221043252

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

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, 8:25:20 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

$127

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$102

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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-3326426
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.14 miles

  • Public Charter Grades KG-5

school-card-donut-3326427
8
/10

  • Kerby Elementary School

  • 285 Kerby Rd

  • 1.21 miles

  • Public District Grades KG-5

school-card-donut-3326428
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.36 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 $53,125. The most common annual income of people living in Detroit, MI is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5103 Neff Ave

What is the listing price of this property?

The listing price of 5103 Neff Ave property is $12,000.

What type of property is this?

The property 5103 Neff Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5103 Neff Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5103 Neff Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5103 Neff Ave is 673 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5103 Neff Ave is 1924.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5103 Neff Ave

This home is located at 5103 Neff Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 673 square foot home, which was built in 1924, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 22, 2022 and is currently priced at $12,000.

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. In March 2024 in Detroit, MI there were 10.7% more homes for sale than in February 2024. Listings spent 49 days on the market in March 2024, and had a median list price of $80,163 during the same period.

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

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