5 months on rocket

20742-48 Pembroke Ave, Detroit, MI, 48219

$35,000

Home List Price

$416*

Closing Credit

2 Full Baths
870 SqFt
$40/SqFt
Multi

Location

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20742-48 Pembroke Ave, Detroit$35,000

Buyer Closing Credits

$416*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1952
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240042804
Lot Size0.07 Acres
StatusActive

About 20742-48 Pembroke Ave

This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. 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 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1952
  • Stories: 2
  • Living Area: 870 SqFt

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S. of 8 Mile, W. of Evergreen

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,000
  • Price Per SqFt: $40/SqFt
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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

20742-48 Pembroke Ave vs Detroit

153 DAYS ON ROCKET

+108 Days

$35,000

-$50K Less

$40/SqFt

-$34 Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $34/SqFt less 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: #20240042804

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: 11/22/2024, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$242

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$171

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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-562226
1
/10

  • Old Redford Academy Elementary School

  • 17195 Redford St

  • 1.47 miles

  • Public Charter Grades PK-4

school-card-donut-562227
1
/10

  • Cooke STEM Academy

  • 18800 Puritan St

  • 2.13 miles

  • Public District Grades KG-5

school-card-donut-562228
1
/10

  • Beech Elementary School

  • 19990 Beech Daly Rd

  • 2.47 miles

  • Public District Grades 2-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,286. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48219›20742-48 Pembroke Ave

This home is located at 20742-48 Pembroke Ave in Detroit, MI and zip code 48219 in the Upper West neighborhood. This 870 square foot home, which was built in 1952, sits on a 0.07 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $35,000.

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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings 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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