1 year on rocket

1344 Alter Rd, Detroit, MI, 48215

$15,000

0.07 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20230007123
Lot Size0.07 Acres
StatusActive

About 1344 Alter Rd

Exciting development opportunity in the rapidly appreciating East Side, abutting booming Grosse Pointe Park! 30' x 101' Buildable lot neighboring a second 30' x 101' buildable lot that can be acquired from the Detroit Land Bank creating 60' ft of frontage! Ideal for single or multi family development in a highly walkable location steps from the best dining, shipping, and nightlife on Kercheval Avenue! Numerous large scale mix use developments breaking ground in close vicinity to this affordable low barrier for entry opportunity! Walk to neighborhood favorites such as Lucky Detroit Coffee, Detroit Barber Co., 313 Wine Bar, Le Rouge Bakery, Coriander Farm & Kitchen, Atwater Brewery, Howlers & Growlers, POST Detroit, Leaf & Blossom, Mimi's, Norma G's, and much more!

Property Details

Property Features

Listing Office:

  • Office Name: Jim Saros Real Estate Services
  • Office Phone: (313) 886-9030
  • Listing Agent: Ryan Berns

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: Jefferson to Alter

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,000

Tax Information:

  • Annual Amount: $539
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

1344 Alter Rd vs Detroit

658 DAYS ON ROCKET

+613 Days

$15,000

-$70K Less

KEY TAKEAWAY

This property is $70K less 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: #20230007123

Listing Office:

  • Office Name: Jim Saros Real Estate Services
  • Office Phone: (313) 886-9030
  • Listing Agent: Ryan Berns

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, 4:20:52 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$539$6,800
2020$355$10,400
2018$355$7,700
2017$355$7,900

History based on county public records data.

Payment Calculator

$142

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$111

Powered By

Rocket Mortgage

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-363513
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-363514
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 2.48 miles

  • Public Charter Grades KG-5

school-card-donut-363515
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 2.70 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. Residents of Detroit, MI typically earn less than $35k each year. The most common type of family is 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 1344 Alter Rd

What is the listing price of this property?

The listing price of 1344 Alter Rd property is $15,000.

What type of property is this?

The property 1344 Alter Rd is land located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 1344 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 $539 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1344 Alter Rd is 0.07 acres.
Rocket Homes logo

Interested in 1344 Alter Rd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesMichiganWayne CountyDetroit482151344 Alter Rd

This home is located at 1344 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 February 02, 2023 and is currently priced at $15,000.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. 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.

More Resources