5 months on rocket

8022 Kercheval St, Detroit, MI, 48214

$179,000

Home List Price

$2,126*

Closing Credit

2 Full Baths
2,580 SqFt
$69/SqFt
Multi
Schools Nearby

Location

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8022 Kercheval St, Detroit$179,000

Buyer Closing Credits

$2,126*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1907
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230093982
Lot Size0.06 Acres
StatusActive

About 8022 Kercheval St

Don’t miss this rare opportunity to own a West Village mixed-use property. This two-unit B4-zoned (General Business District) building offers a variety of potential uses. Historically a two-family property, the first floor has been opened up to convert to first floor commercial, and the second floor retains its apartment floor plan with the possibility of finishing the third floor/attic for additional space. Situated on the main thoroughfare of West Village, 8022 Kercheval is located on the same vibrant business stretch as Marrow, Sister Pie, Frenchies, Two Bird & Mumma Maria’s, and across the street the Parker Durand a new 92-unit apartment building.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Historic
  • Year Built: 1907
  • Stories: 2
  • Living Area: 2,580 SqFt

Listing Office:

  • Office Name: O'Connor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Bill Swanson

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 220 Volts

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: In West Village!!!!!

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,000
  • Price Per SqFt: $69/SqFt

Tax Information:

  • Annual Amount: $1,006
  • 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

8022 Kercheval St vs Detroit

177 DAYS ON ROCKET

+128 Days

$179,000

+$98.8K More

$69/SqFt

-$1 Less

KEY TAKEAWAY

This property is $98.8K more than the Median Sold Price and $1/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: #20230093982

Listing Office:

  • Office Name: O'Connor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Bill Swanson

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: 4/29/2024, 2:25:19 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$1,006$28,800
2020$627$21,900
2018$627$14,600
2017$626$12,100

History based on county public records data.

Payment Calculator

$961

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$603

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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-2826178
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.57 miles

  • Public Charter Grades KG-5

school-card-donut-2826179
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.74 miles

  • Public Charter Grades KG-4

school-card-donut-2826180
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.75 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,273. The most common annual income of people living in Detroit, MI is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48214›8022 Kercheval St

This home is located at 8022 Kercheval St in Detroit, MI and zip code 48214 in the West Village neighborhood. This 2,580 square foot home, which was built in 1907, sits on a 0.06 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $179,000.

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. 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.

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