8 months on rocket

2998 Sheridan St, Detroit, MI, 48214

$185,000

0.55 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240005086
Lot Size0.55 Acres
StatusActive

About 2998 Sheridan St

Residential infill development opportunity in Island View. The addresses included in the sale are: 2998, 3002, 3008, 3016, 3022, 3028, 3034 and 3040 Sheridan. 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. A wide range of housing types are welcome and encouraged; such as Townhomes, Quadplex or SFR detached. 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.

Property Details

Property Features

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

Lot Features

Lot Information:

  • Lot Size: 0.55 Acres

Other

Directions Information:

  • Directions: Charlevoix to Sheridan

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
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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

2998 Sheridan St vs Detroit

265 DAYS ON ROCKET

+220 Days

$185,000

+$100K More

KEY TAKEAWAY

This property is $100K more 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: #20240005086

Listing Office:

  • Office Name: Premier Property Services LLC
  • Office Phone: (313) 822-9000
  • Listing Agent: James Bufalino

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: 11/17/2024, 1:20:52 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 - -

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-451889
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.48 miles

  • Public Charter Grades KG-5

school-card-donut-451890
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.58 miles

  • Public Charter Grades KG-5

school-card-donut-451891
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 2.10 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,729. Residents of Detroit, MI typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2998 Sheridan St

What is the listing price of this property?

The listing price of 2998 Sheridan St property is $185,000.

What type of property is this?

The property 2998 Sheridan St is land located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 2998 Sheridan St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2998 Sheridan St is 0.55 acres.
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Rocket Homes›Michigan›Wayne County›Detroit›48214›2998 Sheridan St

This home is located at 2998 Sheridan St in Detroit, MI and zip code 48214 in the Lower East neighborhood. This home sits on a 0.55 acre lot. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $185,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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