Historic Corktown Workers Cottage. In one of Detroit's hottest communities. The last property available. Very few sales in this area. Walking distance to the Ford Michigan Central Station (about 900 feet). Across the street from the Ford Corktown Information Center. Walking distance to where the new Detroit City Football Club Stadium will be constructed. Walking distance to restaurants and entertainment. 9'10" ceilings. Requires complete rehab. We can assist in finding reconstruction loans and project management. We highly recommend Michael oGordon from MGA Architects to design a million dollar property. A partner was going to renovate the property but is booked with other projects for several more years. We intended to tear down the newer rear addition, pickup the whole house and put a new full basement under it (with very high ceilings). Replace the removed portion with a new entertainer's kitchen, chef's kitchen, master suite and garage. Buyer's Agent to verify all information. Buyer to pay $595 Doc Fee. Motivated seller.
Property Details
Property Features
Property Information:
Architectural Style: Cottage
Year Built: 1900
Living Area: 1,112 SqFt
Listing Office:
Office Name: Turnkey Complete Realty
Office Phone: (248) 410-3221
Listing Agent: Carlos B Oxholm
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Parking Information:
Attached Garage: No
Parking: NoGarage
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: Just south of Michigan Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $246,000
Price Per SqFt: $221/SqFt
Tax Information:
Annual Amount: $1,139
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $160.9K more than the Median Sold Price and $153/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: #20240055310
Listing Office:
Office Name: Turnkey Complete Realty
Office Phone: (248) 410-3221
Listing Agent: Carlos B Oxholm
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,295
Per Month
Principal & Interest
$1,228
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$804
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Maybury Elementary School
4410 Porter St
Distance between this listing and this school1.42 miles
Public District Grades PK-5
8
/10
Chrysler Elementary School
1445 E Lafayette St
Distance between this listing and this school2.09 miles
Public District Grades KG-5
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school2.16 miles
Public Charter Grades KG-5
Nearby Schools
2
/10
Burton International Academy
2001 Martin Luther King Jr Blvd
Distance between this listing and this school0.64 miles
Public District Grades KG-8
2
/10
Escuela Avancemos
2635 Howard St
Distance between this listing and this school0.69 miles
Public Charter Grades KG-7
7
/10
Edmonson Montessori
1300 W Canfield St
Distance between this listing and this school1.26 miles
Public District Grades PK-8
Nearby Schools
3
/10
Detroit Public Safety Academy
1250 Rosa Parks Blvd
Distance between this listing and this school0.51 miles
Public Charter Grades 6-12
2
/10
Covenant House Academy Detroit Central Site
2959 Martin Luther King Jr Blvd
Distance between this listing and this school0.82 miles
Public Charter Grades 9-12
9
/10
Cass Technical High School
2501 2nd Ave
Distance between this listing and this school0.86 miles
The neighbors living near this home have an average income of $34,688. The most common annual income of people living in Detroit, MI is less than $35k. 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 2241 Vermont St
What is the listing price of this property?
The listing price of 2241 Vermont St property is $246,000.
What type of property is this?
The property 2241 Vermont St is a house located in Detroit, Michigan, 48216.
Is this property for sale now?
Active Listing: 2241 Vermont 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 $1,139 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2241 Vermont St has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2241 Vermont St is 1,112 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2241 Vermont St is 1900.
This home is located at 2241 Vermont St in Detroit, MI and zip code 48216 in the Corktown District neighborhood. This 1,112 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $246,000.
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. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.
From Rocket Homes Real Estate and based on county public records data.