1 / 1
Sold in 87 Days
5925 Wayburn St, Detroit, MI, 48224
Closed On : Wed Apr 03 2024
$28,000
$7K Below Asking
List Price : $35,000
5 Bedrooms
2 Full Baths, 1 Partial
3,300 SqFt
House
Schools Nearby
Location
Comparable Homes
Price Details
Housing Market Comparison
See how this home compares to others in Detroit, MI.
City
Med. Sold Price
$80.1K
Med. Price/SqFt
$69
Avg. Days On Market
49
# of Sold Homes
392
5925 Wayburn St vs Detroit
110 DAYS ON ROCKET
+61 Days
$28,000
-$52.1K Less
KEY TAKEAWAY
This property is $52.1K less than the Median Sold Price in Detroit, MI.
Based on homes sold in the last 12 months
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: 4/28/2024, 12:50:21 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
| DATE | EVENT | PRICE |
|---|---|---|
Feb 24, 2004Home Sold | $34,000 |
Tax History
| YEAR | PROP. TAX | ASSESSMENT |
|---|---|---|
| 2021 | - | - |
| 2017 | $845 | $6,900 |
History based on county public records data.
Payment Calculator
$242
Per Month
Principal & Interest
$175
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
$171
Powered By
Advertisement
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
1
/10
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school0.86 miles
Public Charter Grades KG-5
5
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school1.81 miles
Public District Grades KG-5
8
/10
Lewis Marie Elementary School
740 Cadieux Rd
Distance between this listing and this school2.23 miles
Public District Grades KG-5
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
81%
<35k
19%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
- High School
- 64%
- Post Secondary
- 36%
What types of families live nearby?
55%
Single, No Kids
30%
Single, with Kids
11%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
- Home Owners
- 58%
- Renters
- 42%
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
- Pro Boxing
- Mexican League Soccer
- Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)Where do the neighbors shop?
- Burlington
- Foot Locker
- Ross Dress For Less
Burlington
Foot Locker
Ross Dress For LessWhere do the neighbors go to eat?
- White Castle
- Little Caesars
- Jack In The Box
White Castle
Little Caesars
Jack In The BoxWhat do the neighbors drive?
- Kia
- Dodge
- Nissan
Kia
Dodge
NissanWhat do the neighbors listen to?
- Urban Adult Contemporary
- Rhythmic Contemporary Hits
Urban Adult Contemporary
Rhythmic Contemporary HitsThe neighbors living near this home have an average income of $19,038. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Michigan›Wayne County›Detroit›48224›5925 Wayburn St
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. 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.
More Resources
More Homes For Sale in Detroit
Homes For Sale in Nearby Cities
Housing Market Reports in Wayne County
- Grosse Ile Housing Market
- Grosse Pointe Farms Housing Market
- Ecorse Housing Market
- Hamtramck Housing Market
- Brownstown Charter Township Housing Market
- Gibraltar Housing Market
- Plymouth Housing Market
- Northville Township Housing Market
- Inkster Housing Market
- Highland Park Housing Market
- Woodhaven Housing Market
- Lincoln Park Housing Market