1 year on rocket

282 Newport St, Detroit, MI, 48215

$160,000

Home List Price

$1,900*

Closing Credit

2 Full Baths
1,920 SqFt
$83/SqFt
Multi

Location

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282 Newport St, Detroit$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1939
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230090873
Lot Size0.14 Acres
StatusActive

About 282 Newport St

Newly rehabilitated 2 family flat. New energy efficient windows. New concrete driveway, parking pad, and patio. Deck off rear bedroom. Lower vacant for Separate utilities. Water & sewerage are paid by owner. Excellent Rental income . Buyer to verify all measurements.

Property Details

Property Features

Property Information:

  • Architectural Style: Upper/Lower Apartment
  • Year Built: 1939
  • Stories: 2
  • Living Area: 1,920 SqFt

Listing Office:

  • Office Name: Investors Management Service
  • Office Phone: (313) 999-1268
  • Listing Agent: Stephen L Smiley

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available, Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: I-94 to Conner St., S. to E. Jefferson Ave.,E. on E. Jefferson Ave. to Lakewood, S. to Korte W. on Korte to Newport, s. to building

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $83/SqFt

Tax Information:

  • Annual Amount: $2,126
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

282 Newport St vs Detroit

371 DAYS ON ROCKET

+326 Days

$160,000

+$75K More

$83/SqFt

+$9 More

KEY TAKEAWAY

This property is $75K more than the Median Sold Price and $9/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: #20230090873

Listing Office:

  • Office Name: Investors Management Service
  • Office Phone: (313) 999-1268
  • Listing Agent: Stephen L Smiley

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: 11/5/2024, 8:20:53 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

Oct 11, 2019Home Sold
$48,333

Tax History

YEARPROP. TAXASSESSMENT
2021$2,126$19,800
2020$1,386$17,600
2018$1,386$12,100
2017$1,419$12,300

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-1883553
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.47 miles

  • Public District Grades KG-5

school-card-donut-1883554
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 3.58 miles

  • Public Charter Grades KG-5

school-card-donut-1883555
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 4.28 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,804. The most common annual income of people living in Detroit, MI is less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48215›282 Newport St

This home is located at 282 Newport St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 1,920 square foot home, which was built in 1939, sits on a 0.14 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $160,000.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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