5 months on rocket

14267 Fordham St, Detroit, MI, 48205

$18,000

0.09 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240040544
Lot Size0.09 Acres
StatusActive

About 14267 Fordham St

Check out these adjacent lots right off of Gratiot. These lots are slated for multi-unit build opportunities presented by The DLBA and are listed as a bundle 14267, 14275, 14283 Fordham (Each lot is 36x103). Must be purchased together. Total listing price is $18,000. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Property Details

Property Features

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Other

Directions Information:

  • Directions: E. of Gratiot, S. of 7 Mile

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,000
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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

14267 Fordham St vs Detroit

166 DAYS ON ROCKET

+121 Days

$18,000

-$67K Less

KEY TAKEAWAY

This property is $67K 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: #20240040544

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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: 11/24/2024, 1:20:51 AM 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 - -

History based on county public records data.

Payment Calculator

$157

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$120

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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-1040190
1
/10
  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 0.91 miles

  • Public Magnet Grades PK-5

school-card-donut-1040191
1
/10
  • Carleton Elementary School

  • 11724 Casino St

  • 1.60 miles

  • Public District Grades PK-5

school-card-donut-1040192
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 1.62 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,103. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14267 Fordham St

What is the listing price of this property?

The listing price of 14267 Fordham St property is $18,000.

What type of property is this?

The property 14267 Fordham St is land located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 14267 Fordham St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 14267 Fordham St is 0.09 acres.
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Rocket HomesMichiganWayne CountyDetroit4820514267 Fordham St

This home is located at 14267 Fordham St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $18,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. 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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