2 months on rocket

513 Alger St, Detroit, MI, 48202

$15,000

0.08 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20240009326
Lot Size0.08 Acres
StatusActive

About 513 Alger St

Welcome to Detroit's North End Neighborhood. This is a great opportunity to build your new home to become part of this neighborhood redevelopment or a new income producing property. The adjacent lot located at 519 Alger is also available, making this an even better option. Take a drive through the area to see all the beautiful new homes that have been built. There are no restrictions to purchasing this vacant land, so you can purchase and hold until you are ready to build. This lot is located near schools, parks, worship, shopping, and minutes away from Downtown Detroit. BATVAI prior to making an offer.

Property Details

Property Features

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Clarence R Wilson

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: East on E Grand Blvd from Woodward Ave to Brush, North on Brush to Alger, East on Alger to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,000

Tax Information:

  • Annual Amount: $38
  • 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

513 Alger St vs Detroit

72 DAYS ON ROCKET

+23 Days

$15,000

-$65.1K Less

KEY TAKEAWAY

This property is $65.1K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240009326

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Clarence R Wilson

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: 4/27/2024, 2:25:20 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$38$300
2020$25$300
2018$25$300
2017$26$300

History based on county public records data.

Payment Calculator

$142

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$111

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Rocket Mortgage

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-1309461
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.04 miles

  • Public Charter Grades KG-5

school-card-donut-1309462
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.12 miles

  • Public Charter Grades KG-5

school-card-donut-1309463
3
/10

  • Dickinson West Elementary School

  • 2333 Burger St

  • 1.30 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,902. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are 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 513 Alger St

What is the listing price of this property?

The listing price of 513 Alger St property is $15,000.

What type of property is this?

The property 513 Alger St is land located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 513 Alger 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 $38 (source: MLS/based on county public records data).

How much acreage is this property?

The property 513 Alger St is 0.08 acres.
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Rocket Homes›Michigan›Wayne County›Detroit›48202›513 Alger St

This home is located at 513 Alger St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $15,000.

In March 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 224 sold below and more than 74 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. In March 2024 median list price was $80,163 and the average listing age was 49 days.

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

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