1 month on rocket

2018 Mcgraw St, Detroit, MI, 48208

$6,500

0.09 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240071561
Lot Size0.09 Acres
StatusActive

About 2018 Mcgraw St

Get in on the latest offering from the Detroit Land Bank authority located in the Elijah McCoy Subdivision. This is a residential infill opportunity located in a thriving community. 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: N. McGraw, W. of Rosa Parks Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500
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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

2018 Mcgraw St vs Detroit

41 DAYS ON ROCKET

-4 Days

$6,500

-$78.5K Less

KEY TAKEAWAY

This property is $78.5K 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: #20240071561

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: 11/17/2024, 12:20:53 PM 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

$100

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$86

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Rocket Mortgage

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-484316
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.69 miles

  • Public Charter Grades KG-5

school-card-donut-484317
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-484318
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.94 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,143. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2018 Mcgraw St

What is the listing price of this property?

The listing price of 2018 Mcgraw St property is $6,500.

What type of property is this?

The property 2018 Mcgraw St is land located in Detroit, Michigan, 48208.

Is this property for sale now?

Active Listing: 2018 Mcgraw St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2018 Mcgraw St is 0.09 acres.
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Rocket HomesMichiganWayne CountyDetroit482082018 Mcgraw St

This home is located at 2018 Mcgraw St in Detroit, MI and zip code 48208 in the Rosa Parks neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $6,500.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and 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%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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