20 days on rocket

1071 E Grand Blvd, Detroit, MI, 48207

$325,000

Home List Price

$3,859*

Closing Credit

6 Bedrooms
4 Full Baths
3,102 SqFt
$105/SqFt
House

Location

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1071 E Grand Blvd, Detroit$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1912
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240082408
Lot Size0.14 Acres
StatusActive

About 1071 E Grand Blvd

Welcome to this fully updated, completely renovated DUPLEX in Detroit! Each unit offers 3 spacious bedrooms, 2 full bathrooms, and is beautifully finished from top to bottom. Trendy flooring, granite counters, gorgeous bathrooms, no expense was spared! With current rents at $1,750 per unit, this property meets and exceeds the "1 percent rule," making it an excellent investment. For those looking to "house hack," this property allows for income generation while enjoying a stylish living space. Either way, this property offers the best of both worlds with modern updates and a strong rental history. Come see today!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1912
  • Stories: 2
  • Living Area: 3,102 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Riaz A Sheriff

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South side of Forest, West of Grand

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $105/SqFt

Tax Information:

  • Annual Amount: $1,164
  • 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

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

1071 E Grand Blvd vs Detroit

20 DAYS ON ROCKET

-25 Days

$325,000

+$240K More

$105/SqFt

+$31 More

KEY TAKEAWAY

This property is $240K more than the Median Sold Price and $31/SqFt more 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: #20240082408

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Riaz A Sheriff

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: 11/21/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 11, 2021Home Sold
$26,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,164$19,000
2020$95$20,300
2018$95$1,100
2017$96$1,100

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-289816
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.71 miles

  • Public Charter Grades KG-5

school-card-donut-289817
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 1.79 miles

  • Public Charter Grades 2-4

school-card-donut-289818
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 2.11 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 $37,667. Residents of Detroit, MI typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1071 E Grand Blvd

What is the listing price of this property?

The listing price of 1071 E Grand Blvd property is $325,000.

What type of property is this?

The property 1071 E Grand Blvd is a house located in Detroit, Michigan, 48207.

Is this property for sale now?

Active Listing: 1071 E Grand Blvd 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 $1,164 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 11, 2021 for $26,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1071 E Grand Blvd has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1071 E Grand Blvd is 3,102 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1071 E Grand Blvd is 1912.

Rocket Homes›Michigan›Wayne County›Detroit›48207›1071 E Grand Blvd

This home is located at 1071 E Grand Blvd in Detroit, MI and zip code 48207 in the Lower East neighborhood. This 3,102 square foot home, which was built in 1912, sits on a 0.14 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $325,000.

Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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