10 days on rocket

5564 Bishop St, Detroit, MI, 48224

$159,900

Home List Price

$1,899*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,107 SqFt
$144/SqFt
House
Schools Nearby

Location

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5564 Bishop St, Detroit$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1946
HeatingForced Air, Natural Gas
BasementYes
MLS #24020156
Lot Size0.10 Acres
StatusActive

About 5564 Bishop St

Welcome home! This charming 3 bedroom 1.5 bathroom home was updated this year. The main floor boost a huge living and dining space with newly stained wood floors. Both of these rooms receive ample natural light from the picture window in the living room.You will love cooking in your kitchen that has brand new stainless steel appliances and ton on cabinetry. Upstairs are your three bedrooms that are perfect for a family or a single person that needs a home office and maybe even more closet space. The full bathroom is also on this level with a tub/shower combination. Plus... The roof, windows, hot water tank, furnace, and appliances are all new. ALSO ask me about the $10K down payment assistance program that this house qualifies for.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1946
  • Stories: 2
  • Living Area: 1,107 SqFt

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 355-3004
  • Listing Agent: Tyrone Johnson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Outer Drive to Chandler Park. Chandler Park to Bishop

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900
  • Price Per SqFt: $144/SqFt

Tax Information:

  • Annual Amount: $1,588
  • 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

5564 Bishop St vs Detroit

10 DAYS ON ROCKET

-35 Days

$159,900

+$78.8K More

$144/SqFt

+$73 More

KEY TAKEAWAY

This property is $78.8K more than the Median Sold Price and $73/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: #24020156

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 355-3004
  • Listing Agent: Tyrone Johnson

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: 5/7/2024, 12:50:38 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

Nov 04, 2009Home Sold
$22,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,588$22,400
2020$1,502$21,400
2018$1,502$14,600
2017$1,222$13,100

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-7312547
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.66 miles

  • Public Charter Grades KG-5

school-card-donut-7312548
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.55 miles

  • Public District Grades KG-5

school-card-donut-7312549
3
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.59 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 $53,472. The most common annual income of people living in Detroit, MI is between $35k-100k. The most common type of family is 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 5564 Bishop St

What is the listing price of this property?

The listing price of 5564 Bishop St property is $159,900.

What type of property is this?

The property 5564 Bishop St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5564 Bishop 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 $1,588 (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 4, 2009 for $22,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5564 Bishop St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5564 Bishop St is 1,107 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5564 Bishop St is 1946.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5564 Bishop St

This home is located at 5564 Bishop St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,107 square foot home, which was built in 1946, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $159,900.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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