2 months on rocket

1935 Edison St, Detroit, MI, 48206

$485,000

Home List Price

$5,759*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,791 SqFt
$174/SqFt
House

Location

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1935 Edison St, Detroit$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1921
HeatingNatural Gas, Hot Water
BasementYes
FireplaceNatural, Living Room
MLS #20240068588
Lot Size0.15 Acres
StatusActive

About 1935 Edison St

Have you ever dreamed of living in one of Detroit's most iconic, historic neighborhoods? Imagine telling people, "I live right behind The Congregation," or better yet, "I live in the Boston Edison Historic District!" Those are some serious bragging rights. Do you want to own a historic, charming home that's been meticulously updated to make your life easier? If the answer is YES, then send this to your realtor and schedule a showing ASAP. My client saw potential in this home that others overlooked. Over the last two years, she painstakingly upgraded everything in the correct order, from the inside out. Here’s what you don’t see: Fully updated electrical and plumbing. Dual HVAC systems and AC. New sewer line, complete with a backflow preventer to keep your basement dry—even in the worst storms. Tankless water heater. Renovated garage. The chimney has been reset, relined and corrected to be in perfect working order for both Santa to shimmy down and a good ole wood fire log. Now for what you do see: the kitchen and bathrooms are absolutely stunning, with jaw-dropping designs. My client has thoughtfully left some of the finishing touches—like sconces, backsplash, and stain colors—for you to personalize, adding your own flair to the home of your dreams. The first floor flows beautifully, making it ideal for living and entertaining, with charm and character in every corner. Upstairs, you'll find four spacious bedrooms, including a massive primary bedroom—seriously, it's big enough to bowl in! With a bathroom on every level and a topfloor ready to be finished into a guest suite or second home office, you'll never run out of space. And if that’s not enough, there's even a two-car garage. Come be part of this eclectic, walkable neighborhood that’s like no other. Welcome home!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1921
  • Stories: 3
  • Living Area: 2,791 SqFt

Listing Office:

  • Office Name: EXP Realty Plymouth
  • Office Phone: (855) 477-7355
  • Listing Agent: Ioana C Preda

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Natural, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: No one reads a map nowadays, pull up the app of your choice and input the address, or just check in at the Congregation and make a left, second house to your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $174/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $6,530
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

1935 Edison St vs Detroit

65 DAYS ON ROCKET

+20 Days

$485,000

+$400K More

$174/SqFt

+$100 More

KEY TAKEAWAY

This property is $400K more than the Median Sold Price and $100/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: #20240068588

Listing Office:

  • Office Name: EXP Realty Plymouth
  • Office Phone: (855) 477-7355
  • Listing Agent: Ioana C Preda

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: 11/17/2024, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2019Home Sold
$208,000
Jul 13, 2017Home Sold
$92,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,530$57,500
2020$2,557$48,200
2018$2,557$26,800
2017$1,944$24,500

History based on county public records data.

Payment Calculator

$2,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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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-501565
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.76 miles

  • Public Charter Grades KG-5

school-card-donut-501566
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.64 miles

  • Public Charter Grades KG-5

school-card-donut-501567
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.66 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,409. The majority of Detroit, MI residents have income between $35k-100k annually. 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 1935 Edison St

What is the listing price of this property?

The listing price of 1935 Edison St property is $485,000.

What type of property is this?

The property 1935 Edison St is a house located in Detroit, Michigan, 48206.

Is this property for sale now?

Active Listing: 1935 Edison 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 $6,530 (source: MLS/based on county public records data).

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

The last sale was on June 4, 2019 for $208,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1935 Edison St has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1935 Edison St is 2,791 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1935 Edison St is 1921.

Rocket HomesMichiganWayne CountyDetroit482061935 Edison St

This home is located at 1935 Edison St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 2,791 square foot home, which was built in 1921, sits on a 0.15 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $485,000.

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 number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 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.

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