Coming Soon

1427 Edison St, Detroit, MI, 48206

$500,000

Home List Price

$5,938*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,791 SqFt
$179/SqFt
House

Location

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1427 Edison St, Detroit$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1916
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceLivingRoom, WoodBurning
MLS #20240092492
Lot Size0.12 Acres
Active DateDecember 20, 2024
StatusComing Soon

About 1427 Edison St

Stunning and elegant brick Colonial located in the heart of Detroit’s coveted Boston-Edison Historic District, showcasing a perfect blend of classic charm and modern updates. Recent upgrades include a new roof, HVAC system, humidifier, landscaping, and a waterproofed basement for added peace of mind. Step into the beautiful tile-floored entry foyer, leading to a light-filled living room with warm oak-stained hardwood floors, a cozy natural fireplace, and stylish bronze sconces. Adjacent is a bright home office and a convenient first-floor half bath. The show-stopping kitchen has been thoughtfully updated with stainless steel appliances, a stylish herringbone backsplash, bar seating, and a large walk-in pantry, seamlessly flowing into the dining room and sun-soaked sitting room. Upstairs, the second floor features three spacious bedrooms and two full baths, including the luxurious primary suite with a sunlit sitting area, en suite bath, walk-in closet, and balcony access. The third floor offers two additional bedrooms and a third full bath, providing plenty of space for family or guests. The basement adds extra storage and laundry, while the fenced backyard with alley access offers a private outdoor retreat. Renovated in 2022 with thoughtful updates throughout, this home combines modern comfort with timeless style in a prestigious, historic neighborhood. Welcome Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1916
  • Living Area: 2,791 SqFt

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jim Shaffer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Fireplace: LivingRoom, WoodBurning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony, Lighting

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Chicago Blvd. & East of Rosa Parks Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $3,538
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

1427 Edison St vs Detroit

$500,000

+$414.9K More

$179/SqFt

+$111 More

KEY TAKEAWAY

This property is $414.9K more than the Median Sold Price and $111/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: #20240092492

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jim Shaffer

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: 12/17/2024, 11:56:03 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

Aug 19, 2021Home Sold
$164,500
Jun 02, 2020Home Sold
$143,200
Jan 20, 2009Home Sold
$22,425
Jul 19, 2004Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,538$56,800
2020$2,297$47,400
2018$2,297$30,400
2017$2,285$27,800

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-4293525
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.49 miles

  • Public Charter Grades KG-5

school-card-donut-4293526
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.49 miles

  • Public Charter Grades KG-5

school-card-donut-4293527
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.54 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 $40,476. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1427 Edison St

What is the listing price of this property?

The listing price of 1427 Edison St property is $500,000.

What type of property is this?

The property 1427 Edison St is a house located in Detroit, Michigan, 48206.

Is this property for sale now?

Coming Soon: 1427 Edison St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,538 (source: MLS/based on county public records data).

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

The last sale was on August 19, 2021 for $164,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1427 Edison St has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1427 Edison St is 2,791 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1427 Edison St is 1916.

Rocket Homes›Michigan›Wayne County›Detroit›48206›1427 Edison St

This home is located at 1427 Edison St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 2,791 square foot home, which was built in 1916, sits on a 0.12 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $500,000.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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