1 year on rocket

2247 W Philadelphia St, Detroit, MI, 48206

$3,500

0.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20230031038
Lot Size0.10 Acres
StatusActive

About 2247 W Philadelphia St

Vacant lot in the Virginia Park Community. Close to expressways and Downtown Detroit! This bundle includes 2247 W Philadelphia 2225 W Philadelphia, and 2237 W Philadelphia. Must be sold together. Total price is 17,500. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: South of Clairmount ave and West of 14th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500

Tax Information:

  • Annual Amount: $23
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

2247 W Philadelphia St vs Detroit

579 DAYS ON ROCKET

+530 Days

$3,500

-$81.5K Less

KEY TAKEAWAY

This property is $81.5K 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: #20230031038

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

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: 12/4/2024, 2:20:57 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 - -
2020$23 -
2018$23$400
2017$26$300

History based on county public records data.

Payment Calculator

$85

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$77

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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-3941798
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.23 miles

  • Public Charter Grades KG-5

school-card-donut-3941799
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.33 miles

  • Public Charter Grades KG-5

school-card-donut-3941800
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.43 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,773. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2247 W Philadelphia St

What is the listing price of this property?

The listing price of 2247 W Philadelphia St property is $3,500.

What type of property is this?

The property 2247 W Philadelphia St is land located in Detroit, Michigan, 48206.

Is this property for sale now?

Active Listing: 2247 W Philadelphia 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 2020 is $23 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2247 W Philadelphia St is 0.10 acres.
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Rocket HomesMichiganWayne CountyDetroit482062247 W Philadelphia St

This home is located at 2247 W Philadelphia St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 05, 2023 and is currently priced at $3,500.

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 number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. 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.

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