3 months on rocket

1020 Field St, Detroit, MI, 48214

$199,000

0.48 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240060901
Lot Size0.48 Acres
StatusActive

About 1020 Field St

Prime opportunity to invest in Islandview. This set of 5 contiguous lots, located at 1020, 1026, 1032, 1038, and 1044 Field, with 160 feet of frontage, offers endless potential in a rapidly developing residential area. Situated just minutes from the riverfront and downtown, these lots provide the perfect canvas for new construction or green space in a vibrant community. With close proximity to local amenities, parks, and cultural attractions, this location combines the best of city living with the tranquility of a residential neighborhood. Islandview is adjacent to West Village, the East Riverfront and Belle Isle, and is considered one of Detroit strategic neighborhoods. Whether you're looking to build, develop, or invest, these lots offer a rare chance to be part of Detroit's exciting future. Don't miss out on this exceptional opportunity! Seller has survey and environmental assessment on file.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

Lot Features

Lot Information:

  • Lot Size: 0.48 Acres

Other

Directions Information:

  • Directions: Lafa

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000

Tax Information:

  • Annual Amount: $118
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

1020 Field St vs Detroit

90 DAYS ON ROCKET

+45 Days

$199,000

+$114K More

KEY TAKEAWAY

This property is $114K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240060901

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

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: 11/17/2024, 1:20:52 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$118$1,900
2020$1,273$2,400
2018$1,273$10,800
2017$1,296$10,900

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-414439
1
/10
  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.11 miles

  • Public Charter Grades KG-5

school-card-donut-414440
3
/10
  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.47 miles

  • Public Charter Grades KG-5

school-card-donut-414441
8
/10
  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.86 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,484. Most Detroit, MI residents have annual incomes less than $35k. 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 1020 Field St

What is the listing price of this property?

The listing price of 1020 Field St property is $199,000.

What type of property is this?

The property 1020 Field St is land located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 1020 Field 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 $118 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1020 Field St is 0.48 acres.
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Rocket HomesMichiganWayne CountyDetroit482141020 Field St

This home is located at 1020 Field St in Detroit, MI and zip code 48214 in the Lower East neighborhood. This home sits on a 0.48 acre lot. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $199,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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