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550 Josephine St, Detroit, MI, 48202

$289,000

Home List Price

$3,432*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,828 SqFt
$102/SqFt
House
Schools Nearby

Location

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550 Josephine St, Detroit$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Paved
Year Built1911
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #24010179
Lot Size0.14 Acres
StatusActive

About 550 Josephine St

Detroit now has another stunning home to add to its incredible revival. Located in the North End as part of the Woodward Corridor, you will discover the perfect blend of classic charm and urban chic at 550 Josephine St. Renovated from the ground up, this 3-bed, 1.5-bath gem boasts all-new heating, central air, plumbing, a new sewer line, electrical, and stainless-steel appliances. Freshly painted inside and out, it's a canvas for your dreams. The extra-wide lot is a rare find in Detroit. Enjoy added deck space, a new front porch, updated landscaping, and all new windows . On the outside, it retains its classic Detroit Victorian Colonial look, while inside, it's a testament to urban classic design. L Located close to expressways, Henry Ford Medical Campus, and everything great Detroit has to offer

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1911
  • Stories: 2
  • Living Area: 2,828 SqFt

Listing Office:

  • Office Name: Elite Realty
  • Office Phone: (734) 513-2166
  • Listing Agent: Tracy A Petersen

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Gas Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Interior: Ceiling Fan(s), Pantry

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway, Paved

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: The home is located between Oakland and Brush Street. Take Woodward south. Make a left on Arden Park- take to Oakland south to Josephine. Make a right. The home is located on the south side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $1,795
  • 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

550 Josephine St vs Detroit

55 DAYS ON ROCKET

+6 Days

$289,000

+$208.8K More

$102/SqFt

+$32 More

KEY TAKEAWAY

This property is $208.8K more than the Median Sold Price and $32/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24010179

Listing Office:

  • Office Name: Elite Realty
  • Office Phone: (734) 513-2166
  • Listing Agent: Tracy A Petersen

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 12:50:20 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

Aug 13, 2018Home Sold
$37,500
Jan 19, 2017Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,795$15,100
2020$1,182$14,300
2018$1,182$10,900
2017$1,196$10,900

History based on county public records data.

Payment Calculator

$1,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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-973187
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 0.95 miles

  • Public Charter Grades KG-5

school-card-donut-973188
3
/10

  • Dickinson West Elementary School

  • 2333 Burger St

  • 1.14 miles

  • Public District Grades KG-6

school-card-donut-973189
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.30 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 $29,390. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Josephine St

What is the listing price of this property?

The listing price of 550 Josephine St property is $289,000.

What type of property is this?

The property 550 Josephine St is a house located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 550 Josephine 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 $1,795 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2018 for $37,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 550 Josephine St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 550 Josephine St is 2,828 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 Josephine St is 1911.

Rocket Homes›Michigan›Wayne County›Detroit›48202›550 Josephine St

This home is located at 550 Josephine St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 2,828 square foot home, which was built in 1911, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $289,000.

While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. 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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