1 year on rocket

1264 Alter Rd, Detroit, MI, 48215

$11,000

0.07 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #50127198
Lot Size0.07 Acres
StatusActive

About 1264 Alter Rd

Vacant lot available bordering the vibrant neighborhood of Grosse Pointe Park! Great opportunity to build a single or multi-family property. Zoned residential. Close proximity to several mixed-use developments breaking ground. One of four lots being offered. 1264,1296, 1588 & 1596. Can be sold as a package or individually.

Property Details

Property Features

Listing Office:

  • Office Name: Sine & Monaghan LLC
  • Office Phone: (313) 884-7000
  • Listing Agent: Michael DeFauw

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.07 Acres

School Info

School District Information:

  • School District: Detroit City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $11,000

Tax Information:

  • Annual Amount: $38
  • 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

1264 Alter Rd vs Detroit

380 DAYS ON ROCKET

+335 Days

$11,000

-$74K Less

KEY TAKEAWAY

This property is $74K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50127198

Listing Office:

  • Office Name: Sine & Monaghan LLC
  • Office Phone: (313) 884-7000
  • Listing Agent: Michael DeFauw

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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, 4:21:05 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$38$300
2020$25$300
2018$25$300
2017$26$300

History based on county public records data.

Payment Calculator

$122

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$99

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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-361982
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-361983
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 2.55 miles

  • Public Charter Grades KG-5

school-card-donut-361984
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 2.78 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,116. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1264 Alter Rd

What is the listing price of this property?

The listing price of 1264 Alter Rd property is $11,000.

What type of property is this?

The property 1264 Alter Rd is land located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 1264 Alter Rd 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 $38 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1264 Alter Rd is 0.07 acres.
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Rocket HomesMichiganWayne CountyDetroit482151264 Alter Rd

This home is located at 1264 Alter Rd in Detroit, MI and zip code 48215 in the Lower East neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $11,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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