2 months on rocket

2041 Elm St, Detroit, MI, 48216

$50,000

0.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240067994
Lot Size0.08 Acres
StatusActive

About 2041 Elm St

Discover the perfect opportunity to build your dream home or investment property in the heart of vibrant North Corktown! This .7-acre parcel is zoned for residential use and offers plenty of room to create a custom dream home. With plumbing already in place, this land is primed for your vision to come to life. Nestled in one of Detroit's most exciting and evolving neighborhoods, you’ll be just steps away from eclectic dining, entertainment, and the energy of the city. Whether you’re a visionary homebuilder or an investor looking for a prime development spot, this is your canvas!

Property Details

Property Features

Listing Office:

  • Office Name: Thrive Realty Company
  • Office Phone: (248) 256-5046
  • Listing Agent: Brandy Baker

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: S of MLK Blvd/W of Rosa Parks Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $621
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

2041 Elm St vs Detroit

68 DAYS ON ROCKET

+23 Days

$50,000

-$35K Less

KEY TAKEAWAY

This property is $35K 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: #20240067994

Listing Office:

  • Office Name: Thrive Realty Company
  • Office Phone: (248) 256-5046
  • Listing Agent: Brandy Baker

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: 11/21/2024, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$621$5,440
2020$448$5,900
2018$448$3,700
2017$310$800

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-400482
2
/10

  • Maybury Elementary School

  • 4410 Porter St

  • 1.65 miles

  • Public District Grades PK-5

school-card-donut-400483
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.71 miles

  • Public Charter Grades KG-5

school-card-donut-400484
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.96 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 $24,919. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2041 Elm St

What is the listing price of this property?

The listing price of 2041 Elm St property is $50,000.

What type of property is this?

The property 2041 Elm St is land located in Detroit, Michigan, 48216.

Is this property for sale now?

Active Listing: 2041 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 $621 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2041 Elm St is 0.08 acres.
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Rocket Homes›Michigan›Wayne County›Detroit›48216›2041 Elm St

This home is located at 2041 Elm St in Detroit, MI and zip code 48216 in the Jeffries neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $50,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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