2 months on rocket

1461 W Philadelphia St, Detroit, MI, 48206

$200,000

Home List Price

$2,375*

Closing Credit

3 Bedrooms
1 Full Bath
600 SqFt
$333/SqFt
House

Location

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1461 W Philadelphia St, Detroit$200,000

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1916
HeatingForced Air, Natural Gas
BasementYes
MLS #81024052677
Lot Size0.07 Acres
StatusActive

About 1461 W Philadelphia St

Welcome to the Virginia Park Project! The 48206 zip code is rapidly rising in value and this group of homes offer some the last affordable, fully remodeled, move-in ready home purchasing opportunities in the area. Features on 1461 W Philadelphia include but not limited to: tastefully updated kitchens and bathrooms, original hardwood floors throughout, a 2nd floor balcony, a well ventilated attic, and brand new windows and plumbing. Conveniently located moments away from major freeways, Wayne State University, The Motown Museum, Henry Ford Hospital, The Fisher Building, and tons of restaurants. Act fast, the time is now. Here's your chance to own a piece of Detroit's revitalization PROPERTY MAY QUALIFY FOR A HOMEBUYER GRANT + DOWNPAYMENT ASSISTANCE!24 Hour Lead time; Tenant Occupied!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1916
  • Stories: 2
  • Living Area: 600 SqFt

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 855-7737
  • Listing Agent: Joslyn Stephens, Ishma Best

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: W Philadelphia between Byron St and Woodrow Wilson St

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
  • Price Per SqFt: $333/SqFt

Tax Information:

  • Annual Amount: $910
  • 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

1461 W Philadelphia St vs Detroit

71 DAYS ON ROCKET

+22 Days

$200,000

+$114.9K More

$333/SqFt

+$265 More

KEY TAKEAWAY

This property is $114.9K more than the Median Sold Price and $265/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024052677

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 855-7737
  • Listing Agent: Joslyn Stephens, Ishma Best

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: 12/18/2024, 7:21:06 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$910$4,165
2020 - $4,300

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-4438461
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.96 miles

  • Public Charter Grades KG-5

school-card-donut-4438462
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.05 miles

  • Public Charter Grades KG-5

school-card-donut-4438463
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.05 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 $12,639. Residents of Detroit, MI typically earn less than $35k each year. 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 1461 W Philadelphia St

What is the listing price of this property?

The listing price of 1461 W Philadelphia St property is $200,000.

What type of property is this?

The property 1461 W Philadelphia St is a house located in Detroit, Michigan, 48206.

Is this property for sale now?

Active Listing: 1461 W Philadelphia 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 $910 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1461 W Philadelphia St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1461 W Philadelphia St is 600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1461 W Philadelphia St is 1916.

Rocket Homes›Michigan›Wayne County›Detroit›48206›1461 W Philadelphia St

This home is located at 1461 W Philadelphia St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This 600 square foot home, which was built in 1916, sits on a 0.07 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $200,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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