Investor special! Brick colonial house located just walking distance to 4th largest park in Detroit, Chandler Park! Two DTE meters, two water meters. Upper stairs 2 bedrooms, 1 bathroom Entry level: 2 bedrooms, 1 bathroom Note: House is currently sold as single family but previously used as a duplex but can easily be used as duplex.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1928
Stories: 2
Living Area: 2,072 SqFt
Listing Office:
Office Name: Zest Realty LLC
Office Phone: (248) 270-8238
Listing Agent: David Sierra
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Between Drexel And Lakeview St
Price Information
Listing Price Info
Price Summary:
List Price: $54,990
Price Per SqFt: $27/SqFt
Tax Information:
Annual Amount: $843
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $25.1K less than the Median Sold Price and $43/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: #20240009513
Listing Office:
Office Name: Zest Realty LLC
Office Phone: (248) 270-8238
Listing Agent: David Sierra
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$342
Per Month
Principal & Interest
$275
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$231
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school1.49 miles
Public Charter Grades KG-5
5
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school1.76 miles
Public District Grades KG-5
8
/10
Lewis Marie Elementary School
740 Cadieux Rd
Distance between this listing and this school2.46 miles
Public District Grades KG-5
Nearby Schools
3
/10
Timbuktu Academy of Science and Technology
10800 E Canfield St
Distance between this listing and this school1.51 miles
Public Charter Grades KG-8
5
/10
Pierce Middle School
15430 Kercheval Ave
Distance between this listing and this school1.83 miles
Public District Grades 6-8
5
/10
Detroit Merit Charter Academy
1091 Alter Rd
Distance between this listing and this school1.94 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school1.65 miles
Public Magnet Grades 9-12
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school2.10 miles
Public District Grades 9-12
8
/10
Grosse Pointe South High School
11 Grosse Pointe Blvd
Distance between this listing and this school3.32 miles
The neighbors living near this home have an average income of $20,300. The most common annual income of people living in Detroit, MI is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5500 Coplin St
What is the listing price of this property?
The listing price of 5500 Coplin St property is $54,990.
What type of property is this?
The property 5500 Coplin St is a house located in Detroit, Michigan, 48213.
Is this property for sale now?
Sale Pending: 5500 Coplin St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $843 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 13, 2019 for $49,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5500 Coplin St has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5500 Coplin St is 2,072 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5500 Coplin St is 1928.
This home is located at 5500 Coplin St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 2,072 square foot home, which was built in 1928, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $54,990.
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. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 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.