10 months on rocket

5220 Avery St Unit 7, Detroit, MI, 48208

$556,500

Home List Price

$6,608*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,592 SqFt
$350/SqFt
Condo
Schools Nearby

Location

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5220 Avery St Unit 7, Detroit$556,500

Buyer Closing Credits

$6,608*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached
Garage2 spaces
Year Built2023
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #20230050884
StatusActive

About 5220 Avery St Unit 7

ASK ABOUT OUR $10K UPGRADE CREDIT INCENTIVE AND SPECIAL FINANCING OPTIONS WITH OUR PREFERRED LENDER. 0% DOWN, NO PMI, 6.25% INTEREST RATE ON A 30 YEAR FIXED LOAN FOR QUALIFIED BORROWERS! OCCUPANCY EXPECTED THE SPRING OF 2025. The Terraces at Woodbridge is a new condominium development located at the corner of Avery and Merrick Streets, in the northern part of the highly sought after Woodbridge neighborhood, just a block from the Woodbridge Pub, Pie Sci Pizza, Lexington Bar, Bash Izakaya, and a short walk to Barda, Cafe Prince, etc. This 3-bedroom, 2-1/2 bath townhome includes a private rooftop terrace, private courtyard and private garage with a 2nd tandem surface parking space. 15 YR NEZ NEW CONSTRUCTION PROPERTY TAX ABATEMENT ELIGIBLE for principal residents.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 2023
  • Stories: 3
  • Living Area: 1,592 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Todd D Sykes

Interior Features

Interior Information:

  • Appliances: Gas Range, Dishwasher, Refrigerator, Microwave
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Private Entry, Fenced

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the intersection on Trumbull and W Warren Ave, head north on Trumbull. Make a left to head west on Merrick St. Take a right on Avery St heading north.

Price Information

Listing Price Info

Price Summary:

  • List Price: $556,500
  • Price Per SqFt: $350/SqFt

HOA Fees:

  • Amount: $276
  • Frequency: Monthly
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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

5220 Avery St Unit 7 vs Detroit

318 DAYS ON ROCKET

+273 Days

$556,500

+$475.4K More

$350/SqFt

+$279 More

KEY TAKEAWAY

This property is $475.4K more than the Median Sold Price and $279/SqFt more 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: #20230050884

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Todd D Sykes

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: 5/6/2024, 9:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,121

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,735

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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-7141965
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-7141966
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 0.93 miles

  • Public Charter Grades KG-5

school-card-donut-7141967
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.32 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,530. Most Detroit, MI residents have annual incomes less than $35k. Most families are 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 5220 Avery St Unit 7

What is the listing price of this property?

The listing price of 5220 Avery St Unit 7 property is $556,500.

What type of property is this?

The property 5220 Avery St Unit 7 is a condo located in Detroit, Michigan, 48208.

Is this property for sale now?

Active Listing: 5220 Avery St Unit 7 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5220 Avery St Unit 7 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5220 Avery St Unit 7 is 1,592 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5220 Avery St Unit 7 is 2023.

Rocket Homes›Michigan›Wayne County›Detroit›48208›5220 Avery St Unit 7

This home is located at 5220 Avery St Unit 7 in Detroit, MI and zip code 48208 in the Jeffries neighborhood. This 1,592 square foot home was built in 2023. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 23, 2023 and is currently priced at $556,500.

Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

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

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