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5957 Oldtown St, Detroit, MI, 48224

$32,000

Home List Price

$380*

Closing Credit

4 Bedrooms
2 Full Baths
2,238 SqFt
$14/SqFt
House
Schools Nearby

Location

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5957 Oldtown St, Detroit$32,000

Buyer Closing Credits

$380*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1930
HeatingNatural Gas, Hot Water
BasementYes
MLS #20221043254
Lot Size0.10 Acres
StatusActive

About 5957 Oldtown St

4 Home Bundle Sale in the Cornerstone Village Neighborhood. 5957 Oldtown, 4700 Neff, 4880 Lodewyck and 5103 Neff included in this sale for the Total Price of $32,000 For All Four Homes. Excellent income property opportunity. Newer roof and many immediate upgrades to surrounding area. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. No Land Contracts. Buyer to have the property inspected as their is no property inspection report on file. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements. BTVAI & Sizes.

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor
  • Year Built: 1930
  • Stories: 2
  • Living Area: 2,238 SqFt

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Located south of I-94 on Oldtown

Price Information

Listing Price Info

Price Summary:

  • List Price: $32,000
  • Price Per SqFt: $14/SqFt

Tax Information:

  • Annual Amount: $2,779
  • 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

5957 Oldtown St vs Detroit

583 DAYS ON ROCKET

+534 Days

$32,000

-$48.1K Less

$14/SqFt

-$56 Less

KEY TAKEAWAY

This property is $48.1K less than the Median Sold Price and $56/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: #20221043254

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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, 4:25:20 PM 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$2,779 -
2020$2,778 -
2018$2,778$28,200
2017$2,876$28,900

History based on county public records data.

Payment Calculator

$227

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$162

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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

school-card-donut-1421699
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-1421700
3
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.28 miles

  • Public Magnet Grades 4-6

school-card-donut-1421701
8
/10

  • Kerby Elementary School

  • 285 Kerby Rd

  • 1.67 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,813. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5957 Oldtown St

What is the listing price of this property?

The listing price of 5957 Oldtown St property is $32,000.

What type of property is this?

The property 5957 Oldtown St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5957 Oldtown 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 $2,779 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5957 Oldtown St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5957 Oldtown St is 2,238 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5957 Oldtown St is 1930.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5957 Oldtown St

This home is located at 5957 Oldtown St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,238 square foot home, which was built in 1930, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 22, 2022 and is currently priced at $32,000.

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. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 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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