25 days on rocket

1220 Lawrence St, Detroit, MI, 48202

$49,900

Home List Price

$593*

Closing Credit

3 Bedrooms
1 Full Bath
1,382 SqFt
$36/SqFt
House

Location

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1220 Lawrence St, Detroit$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1913
HeatingOther
BasementYes
MLS #24056519
Lot Size0.10 Acres
StatusActive

About 1220 Lawrence St

Investment property in the Gateway Community. The Gateway Community is served by its own nonprofit organization in the heart of the City of Detroit. It is also known as Old North End. Gateway's mission is to: promote the growth and development of the community. Close to Woodard Ave, shopping and restaurants. Property sold in ''As-Is'' condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1913
  • Stories: 2
  • Living Area: 1,382 SqFt

Listing Office:

  • Office Name: Emerald Signature Properties
  • Office Phone: (313) 600-5596
  • Listing Agent: Leigh Wiseman

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Other

Other

Directions Information:

  • Directions: Woodward Ave to Lawrence.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $36/SqFt

Tax Information:

  • Annual Amount: $556
  • 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

1220 Lawrence St vs Detroit

25 DAYS ON ROCKET

-20 Days

$49,900

-$35.1K Less

$36/SqFt

-$38 Less

KEY TAKEAWAY

This property is $35.1K less than the Median Sold Price and $38/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24056519

Listing Office:

  • Office Name: Emerald Signature Properties
  • Office Phone: (313) 600-5596
  • Listing Agent: Leigh Wiseman

Broker Reciprocity 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: 11/22/2024, 5:20:55 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$556$7,500
2020$787$8,900
2018$787$6,400
2017$784$6,200

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-679939
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.31 miles

  • Public Charter Grades KG-5

school-card-donut-679940
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.47 miles

  • Public Charter Grades PK-4

school-card-donut-679941
2
/10

  • Dickinson West Elementary School

  • 2333 Burger St

  • 1.93 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,455. The most common annual income of people living in Detroit, MI is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1220 Lawrence St

What is the listing price of this property?

The listing price of 1220 Lawrence St property is $49,900.

What type of property is this?

The property 1220 Lawrence St is a house located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 1220 Lawrence 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 $556 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1220 Lawrence St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1220 Lawrence St is 1,382 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1220 Lawrence St is 1913.

Rocket Homes›Michigan›Wayne County›Detroit›48202›1220 Lawrence St

This home is located at 1220 Lawrence St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 1,382 square foot home, which was built in 1913, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $49,900.

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. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. 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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