2 months on rocket

569 Melbourne St, Detroit, MI, 48202

$189,900

Home List Price

$2,255*

Closing Credit

3 Bedrooms
1 Full Bath
1,824 SqFt
$104/SqFt
House
Schools Nearby

Location

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569 Melbourne St, Detroit$189,900

Buyer Closing Credits

$2,255*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1910
HeatingForced Air, Natural Gas
BasementYes
MLS #24006451
Lot Size0.08 Acres
StatusActive

About 569 Melbourne St

**UPDATE!!!! THIS PROPERTY IS LISTED WELL BELOW MARKET VALUE. Call or Message for COMPS. Now offer this two-story colonial nestled in the heart of Detroit's storied North End Community. The home is located just blocks off Woodward Ave. and a stone's throw away from the iconic Schvitz Urban Health Club. The property has undergone multiple updates since 2019, featuring an updated kitchen, bathroom, plaster and paint, in addition to extensive work throughout the basement. With 3 bedrooms and over 1800sq/ft of living space this turn-key gem is ready to provide the space and location for a growing family to call home in one of Detroit's oldest thriving neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,824 SqFt

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (734) 800-1148
  • Listing Agent: Luke Boyea

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, Oven, Refrigerator
  • Basement: Yes
  • Interior: Attic Fan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: John R to Melbourne

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,900
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $1,274
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

569 Melbourne St vs Detroit

82 DAYS ON ROCKET

+33 Days

$189,900

+$109.7K More

$104/SqFt

+$34 More

KEY TAKEAWAY

This property is $109.7K more than the Median Sold Price and $34/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: #24006451

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (734) 800-1148
  • Listing Agent: Luke Boyea

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: 4/30/2024, 9:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,274$18,100
2020$1,208$17,000
2018$1,208$11,200
2017$1,214$11,100

History based on county public records data.

Payment Calculator

$1,015

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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-3626613
4
/10
  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 0.96 miles

  • Public Charter Grades KG-5

school-card-donut-3626614
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.23 miles

  • Public Charter Grades KG-5

school-card-donut-3626615
3
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.26 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,902. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 569 Melbourne St

What is the listing price of this property?

The listing price of 569 Melbourne St property is $189,900.

What type of property is this?

The property 569 Melbourne St is a house located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 569 Melbourne 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 $1,274 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 569 Melbourne St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 569 Melbourne St is 1,824 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 569 Melbourne St is 1910.

Rocket Homes›Michigan›Wayne County›Detroit›48202›569 Melbourne St

This home is located at 569 Melbourne St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 1,824 square foot home, which was built in 1910, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $189,900.

In March 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 224 sold below and more than 74 were sold right at the asked price. In March 2024 in Detroit, MI there were 10.7% more homes for sale than in February 2024. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

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

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