3 months on rocket

5242 Chatsworth St, Detroit, MI, 48224

$152,000

Home List Price

$1,805*

Closing Credit

2 Full Baths
2,556 SqFt
$59/SqFt
Multi
Schools Nearby

Location

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5242 Chatsworth St, Detroit$152,000

Buyer Closing Credits

$1,805*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1948
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230099138
Lot Size0.10 Acres
StatusActive

About 5242 Chatsworth St

LOOKING FOR A GREAT PROPERTY WITH UNLIMITED ROI POTENTIAL? **Massive 4/2 incoming producing all-brick Duplex near East English Village. This property is currently rented by an AirBnB company and will be vacant at closing. Place your own section 8 tenants or start your own AirBnB business, the potential is unlimited. This 2556 Sq/ft property was recently updated from top to bottom. Each unit has a large living room that opens to a dinning area, 2 bedrooms and a full bath. Kitchens have new flooring, cabinets and granite tops. Impossible to duplicate this one under 200k. Quiet all-brick Morningside block off I-94, location makes this one always in demand. Close to shopping, Dinning and schools.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1948
  • Stories: 2
  • Living Area: 2,556 SqFt

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Just south of Chandler Park Drive between Alter Rd and Outer Drive E

Price Information

Listing Price Info

Price Summary:

  • List Price: $152,000
  • Price Per SqFt: $59/SqFt

Tax Information:

  • Annual Amount: $1,310
  • 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

5242 Chatsworth St vs Detroit

94 DAYS ON ROCKET

+45 Days

$152,000

+$71.8K More

$59/SqFt

-$11 Less

KEY TAKEAWAY

This property is $71.8K more than the Median Sold Price and $11/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: #20230099138

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

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: 4/28/2024, 4:25:19 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

Sep 15, 2021Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,310$20,600
2020$1,248$19,000
2018$1,248$14,900
2017$1,243$13,800

History based on county public records data.

Payment Calculator

$826

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$522

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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-1904415
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.74 miles

  • Public Charter Grades KG-5

school-card-donut-1904416
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-1904417
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.66 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 $34,808. The most common annual income of people living in Detroit, MI is less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48224›5242 Chatsworth St

This home is located at 5242 Chatsworth St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,556 square foot home, which was built in 1948, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $152,000.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. 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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