new - 6 days on rocket

27 Ridge St, Ecorse, MI, 48229

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath
953 SqFt
$446/SqFt
House

Location

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27 Ridge St, Ecorse$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1939
HeatingForced Air, Natural Gas
BasementYes
MLS #20240091236
Lot Size0.07 Acres
StatusActive

About 27 Ridge St

Package of 6 rentals in Ecorse! See second picture for addresses and financial info. All 6 homes are occupied by long term tenants. All the homes are 2 bedroom / 1 bath with a basement. Total current rent is $6,250 making this a great opportunity to scale up your rental portfolio with cash flow on day one. Plenty of room to increase rents too. Market rents should give you $7,000+ in monthly rental income and a 10%+ cap rate. Inquire for more info & pics. No showings without an accepted offer. PACKAGE SALE: 27 Ridge St, 30 Ridge St, 38 Ridge St, 38 Westfield St, 4241 6th St, 59 Glenwood St.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1939
  • Living Area: 953 SqFt

Listing Office:

  • Office Name: Keller Williams Somerset, Keller Williams Paint Creek
  • Office Phone: (248) 649-7200, (248) 609-8000
  • Listing Agent: Joseph Hammel, Matthew Bahoura

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: West Jefferson Ave to Ridge St

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $446/SqFt

Tax Information:

  • Annual Amount: $1,549
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$88.4K

Med. Price/SqFt

$73

Avg. Days On Market

18

# of Sold Homes

4

27 Ridge St vs Ecorse

6 DAYS ON ROCKET

-12 Days

$425,000

+$336.5K More

$446/SqFt

+$373 More

KEY TAKEAWAY

This property is $336.5K more than the Median Sold Price and $373/SqFt more than other homes in Ecorse, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240091236

Listing Office:

  • Office Name: Keller Williams Somerset, Keller Williams Paint Creek
  • Office Phone: (248) 649-7200, (248) 609-8000
  • Listing Agent: Joseph Hammel, Matthew Bahoura

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: 12/18/2024, 4:21:02 AM 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$1,549$18,200
2020$1,525$15,600
2018$1,525$11,600
2017$1,503$11,700

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-4364407
2
/10
  • Ann Visger Elementary School

  • 11121 W Jefferson Ave

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-4364408
1
/10
  • Ralph J. Bunche Academy

  • 503 Hyacinthe St

  • 0.69 miles

  • Public District Grades PK-3

school-card-donut-4364409
2
/10
  • Raupp Elementary School

  • 1351 Ethel Ave

  • 1.29 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,052. Typical income of Ecorse, MI residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 27 Ridge St

What is the listing price of this property?

The listing price of 27 Ridge St property is $425,000.

What type of property is this?

The property 27 Ridge St is a house located in Ecorse, Michigan, 48229.

Is this property for sale now?

Active Listing: 27 Ridge 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 $1,549 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 27 Ridge St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 27 Ridge St is 953 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 27 Ridge St is 1939.

Rocket Homes›Michigan›Wayne County›Ecorse›48229›27 Ridge St

This home is located at 27 Ridge St in Ecorse, MI and zip code 48229. This 953 square foot home, which was built in 1939, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $425,000.

Over 1 listings were sold over their listed price in November 2024 in Ecorse, MI. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Ecorse, MI between October 2024 and November 2024 increased by 19.4%. In November 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $88,450.

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

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