15 days on rocket

2516 Ford St, Detroit, MI, 48238

$59,900

Home List Price

$711*

Closing Credit

0 Baths
Multi

Location

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2516 Ford St, Detroit$59,900

Buyer Closing Credits

$711*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingForced Air, Natural Gas
BasementYes
MLS #66024062220
Lot Size0.08 Acres
StatusActive

About 2516 Ford St

** Land Contract OpportunityWonderful investment opportunity for the Savvy Investors! This duplex has so much potential. Each unit features 2bedrooms and 1bath, a living room with, dining room and kitchen. Upper unit is occupied and generating revenue. Lower unit is vacant and needs a full interior rehab. Unfinished shared basement. Perfect listing for a Renovation Loan. BATVAI. Sold As Is. MOTIVATED SELLER and all reasonable offers will be considered. Call today for more details.

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Ahmed Ali Khalil

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,900

Tax Information:

  • Annual Amount: $2,099
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

2516 Ford St vs Detroit

15 DAYS ON ROCKET

-34 Days

$59,900

-$25.1K Less

KEY TAKEAWAY

This property is $25.1K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Kalamazoo Association of REALTORS
  • MLS Number: #66024062220

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Ahmed Ali Khalil

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: 12/23/2024, 8:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2021Home Sold
$25,000
Jun 04, 2021Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,099$13,900
2020$1,369$15,800
2018$1,369$11,900
2017$836$11,100

History based on county public records data.

Payment Calculator

$366

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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-1166862
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.35 miles

  • Public Charter Grades PK-4

school-card-donut-1166863
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.70 miles

  • Public Charter Grades KG-5

school-card-donut-1166864
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 2.46 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,486. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›2516 Ford St

This home is located at 2516 Ford St in Detroit, MI and zip code 48238 in the Midtown neighborhood. This home, which was built in 1925, sits on a 0.08 acre lot. It has been listed on Rocket Homes since December 07, 2024 and is currently priced at $59,900.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.

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

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