4 months on rocket

23700 Melrose Ave, Eastpointe, MI, 48021

$144,000

Home List Price

$1,710*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
932 SqFt
$155/SqFt
House

Location

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23700 Melrose Ave, Eastpointe$144,000

Buyer Closing Credits

$1,710*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1929
HeatingHot Water
BasementYes
MLS #24024155
Lot Size0.16 Acres
StatusActive

About 23700 Melrose Ave

Tenant occupied month to month rent $1600 Spacious 3 bedroom bungalow. Full basement and a garage too Great home for a family or an investor. This rare corner lot bungalow features 4 bedrooms & 1.5 bathrooms. First floor master, 3 other bedrooms are upstairs along with the full bathroom. Do not disturb tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1929
  • Stories: 1
  • Living Area: 932 SqFt

Listing Office:

  • Office Name: GPM Real Estate by eXp Realty
  • Office Phone: (734) 287-6619
  • Listing Agent: Michael Weinraub

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Hot Water

School Info

Assigned Schools Information:

  • East Detroit High School, Public District Grades 9-12
  • Kelly Middle School, Public District Grades 6-8
  • Bellview Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: N of Eight Mile/E of Mound

Price Information

Listing Price Info

Price Summary:

  • List Price: $144,000
  • Price Per SqFt: $155/SqFt

Tax Information:

  • Annual Amount: $1,768
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$159.7K

Med. Price/SqFt

$135

Avg. Days On Market

18

# of Sold Homes

25

23700 Melrose Ave vs Eastpointe

127 DAYS ON ROCKET

+109 Days

$144,000

-$15.7K Less

$155/SqFt

+$19 More

KEY TAKEAWAY

This property is $15.7K less than the Median Sold Price and $19/SqFt more than other homes in Eastpointe, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24024155

Listing Office:

  • Office Name: GPM Real Estate by eXp Realty
  • Office Phone: (734) 287-6619
  • Listing Agent: Michael Weinraub

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:54 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$1,768$36,100
2020$2,376$33,000
2019$1,796$29,000
2017$1,797$25,120

History based on county public records data.

Payment Calculator

$786

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$498

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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.

Elementary School

school-card-donut-158658
2
/10
  • Bellview Elementary School

  • 15800 Bell Ave

  • 0.61 miles

  • Public District Grades 3-5

Middle School

school-card-donut-158659
1
/10
  • Kelly Middle School

  • 24701 Kelly Rd

  • 1.26 miles

  • Public District Grades 6-8

High School

school-card-donut-158660
3
/10
  • East Detroit High School

  • 15501 Couzens Ave

  • 0.72 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,850. Most Eastpointe, MI residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 23700 Melrose Ave

What is the listing price of this property?

The listing price of 23700 Melrose Ave property is $144,000.

What type of property is this?

The property 23700 Melrose Ave is a house located in Eastpointe, Michigan, 48021.

Is this property for sale now?

Active Listing: 23700 Melrose Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 23700 Melrose Ave are:
Bellview Elementary School: GreatSchools Rating 2/10
Kelly Middle School: GreatSchools Rating 1/10
East Detroit High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,768 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 23700 Melrose Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 23700 Melrose Ave is 932 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 23700 Melrose Ave is 1929.

Rocket HomesMichiganMacomb CountyEastpointe4802123700 Melrose Ave

This home is located at 23700 Melrose Ave in Eastpointe, MI and zip code 48021. This 932 square foot home, which was built in 1929, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $144,000.

In August 2024 more than 17 listings in Eastpointe, MI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Eastpointe, MI between July 2024 and August 2024 decreased by 2.1%. The median list price of listings available in August 2024 was $159,750, while the average time on the real estate market was 18 days.

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

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