14 days on rocket

5165 Hereford St, Detroit, MI, 48224

$49,900

Home List Price

$593*

Closing Credit

3 Bedrooms
1 Full Bath
1,222 SqFt
$41/SqFt
House
Schools Nearby

Location

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5165 Hereford St, Detroit$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1940
HeatingNatural Gas, Floor Furnace
BasementYes
FireplaceLiving Room
MLS #20240027870
Lot Size0.19 Acres
StatusActive

About 5165 Hereford St

INVESTORS LOOK NO FURTHER!! PERFECT INVESTMENT PROPERTY-PRICED TO SELL!! Property is located in great location! Great bones, but does have fire damage which occurred in basement, nice sized lot with covered gazebo in backyard and detached 1 car garage. Great Fixer-Upper at a Great Deal!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,222 SqFt

Listing Office:

  • Office Name: Joseph Walter Realty, LLC
  • Office Phone: (248) 294-7850
  • Listing Agent: Scott Fader

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Gazebo

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Floor Furnace

Other

Directions Information:

  • Directions: From Interstate-94E to Exit 223 toward Cadieux Rd. Take Cadieux Rd and Chandler Park to Hereford St, continue East onto Edsel Ford E, turn Right onto Cadieux Rd, Trunr Left onto Chandler Park Dr to Hereford St, Turn Right. Property is in the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $41/SqFt

Tax Information:

  • Annual Amount: $1,915
  • 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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

5165 Hereford St vs Detroit

14 DAYS ON ROCKET

-31 Days

$49,900

-$31.1K Less

$41/SqFt

-$30 Less

KEY TAKEAWAY

This property is $31.1K less than the Median Sold Price and $30/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: #20240027870

Listing Office:

  • Office Name: Joseph Walter Realty, LLC
  • Office Phone: (248) 294-7850
  • Listing Agent: Scott Fader

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: 5/11/2024, 9:20:36 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$1,915$22,100
2020$1,250$19,900
2018$1,250$14,800
2017$1,290$15,100

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-10587092
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.15 miles

  • Public Charter Grades KG-5

school-card-donut-10587093
8
/10

  • Kerby Elementary School

  • 285 Kerby Rd

  • 1.19 miles

  • Public District Grades KG-5

school-card-donut-10587094
3
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.38 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,125. Typical income of Detroit, MI residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5165 Hereford St

What is the listing price of this property?

The listing price of 5165 Hereford St property is $49,900.

What type of property is this?

The property 5165 Hereford St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5165 Hereford 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 $1,915 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5165 Hereford St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5165 Hereford St is 1,222 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5165 Hereford St is 1940.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5165 Hereford St

This home is located at 5165 Hereford St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,222 square foot home, which was built in 1940, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $49,900.

While more than 94 listings in Detroit, MI in April 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 243 were sold below. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. In April 2024 median list price was $81,036 and the average listing age was 45 days.

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

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