3 months on rocket

1535 Elm St, Detroit, MI, 48216

$399,999

Home List Price

$4,750*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,700 SqFt
$235/SqFt
House

Location

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1535 Elm St, Detroit$399,999

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached, ElectricityinGarage, GarageDoorOpener
Garage2 spaces
Year Built1915
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #20240066631
Lot Size0.11 Acres
StatusActive

About 1535 Elm St

***Home Qualifies for 100% Financing Including All Closing Costs Paid Ask AGENt to See if YOu Qualify *** Welcome to Downtown Detroit! Welcome to North Corktown! Location Location Location! This home is located right in the heart of Downtown Detroit, across from Motorcity Casino and Hotel. This Modern Gem located in the Heart of Downtown will Blow you Away! No expense sparred when renovating this Beauty! Walk into the Foyer overlooking the home office. Eat in the kitchen with an island and bar seating. This home is great for entertaining and located in the Heart of Downtown Detroit. Enjoy the loft with lots of natural light. Bedroom home with Primary Suite upstairs with its on bathroom. This 3 Bedroom 2 Bathroom home with Brand New central Air Conditioning, HVAC system, Plumbing, ect. New Construction Home located in Downtown Detroit. Home Qualifies for tax exemption because located in Opportunistic area. A new modern home to be built in the lot next door. Ford Central Station just opened up not far from this home. Everything you need is walking distance to Downtown Detroit. Park also to be built next to home. Park owned by Motorcity Casino to be breaking ground soon! Home is completely renovated with all new everything and brand new built 2 Car Garage with Electricity and Garage Opener. Home priced to sell! Schedule your Tour Today! Call Briyana Jordan, listing agent for details!

Property Details

Property Features

Property Information:

  • Architectural Style: ArtDeco, Colonial
  • Year Built: 1915
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Keller Williams Paint Creek
  • Office Phone: (248) 609-8000
  • Listing Agent: Briyana Jordan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: EntranceFoyer, ProgrammableThermostat

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage, Detached, ElectricityinGarage, GarageDoorOpener

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: S of Martin Luther King JR / W of Trumbul

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,999
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $588
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

1535 Elm St vs Detroit

107 DAYS ON ROCKET

+58 Days

$399,999

+$314.9K More

$235/SqFt

+$167 More

KEY TAKEAWAY

This property is $314.9K more than the Median Sold Price and $167/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: #20240066631

Listing Office:

  • Office Name: Keller Williams Paint Creek
  • Office Phone: (248) 609-8000
  • Listing Agent: Briyana Jordan

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: 12/22/2024, 3:21:03 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$588 -
2020$387$6,900
2018$387$4,800
2017$388$4,800

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-864230
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.61 miles

  • Public Charter Grades KG-5

school-card-donut-864231
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.83 miles

  • Public Charter Grades KG-5

school-card-donut-864232
2
/10
  • Maybury Elementary School

  • 4410 Porter St

  • 1.90 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,919. The most common annual income of people living in Detroit, MI is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1535 Elm St

What is the listing price of this property?

The listing price of 1535 Elm St property is $399,999.

What type of property is this?

The property 1535 Elm St is a house located in Detroit, Michigan, 48216.

Is this property for sale now?

Active Listing: 1535 Elm 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 $588 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1535 Elm St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1535 Elm St is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1535 Elm St is 1915.

Rocket HomesMichiganWayne CountyDetroit482161535 Elm St

This home is located at 1535 Elm St in Detroit, MI and zip code 48216 in the Jeffries neighborhood. This 1,700 square foot home, which was built in 1915, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $399,999.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.

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

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