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3240 Lawrence St, Detroit, MI, 48206

$89,800

Home List Price

$1,066*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,666 SqFt
$54/SqFt
House

Location

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3240 Lawrence St, Detroit$89,800

Buyer Closing Credits

$1,066*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached
Garage2 spaces
Year Built1923
HeatingHot Water, Natural Gas
BasementYes
MLS #20240083265
Lot Size0.10 Acres
StatusActive

About 3240 Lawrence St

Welcoming you to a warm and spacious single-family home situated in the serene district of Dexter Linwood in Detroit, MI. This property, adorned with natural light flowing through its large windows, boasts a generous floor area of 2,434 sq. ft. which hosts three comfortable bedrooms and 1.5 convenient bathrooms. The property is further enhanced by its prime location; being in the vicinity of a number of schools, and Henry Ford Hospital offering a perfect blend of comfort and convenience. Additionally, the dedicated parking spot provides additional ease for residents. Although the house needs some TLC, its features, and location make it an investment worth considering. As-is sale. Buyer responsible for city inspections and/or requirements, if any exist. Purchaser to pay 395 processing fee. As-is sale. Seller financing / Land contract terms available at 100,000.00 purchase price, 18,000.00 down payment, 8% interest, 120 Month Term. 995.00/month. Seller financing / Land contract terms are negotiable.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1923
  • Living Area: 1,666 SqFt

Listing Office:

  • Office Name: Market Elite Inc
  • Office Phone: (586) 226-3200
  • Listing Agent: Derek C Lievens, Jacob Hardecki

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Other

Directions Information:

  • Directions: South of Tuxedo and West of Linwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,800
  • Price Per SqFt: $54/SqFt

Tax Information:

  • Annual Amount: $511
  • Tax Year: 2021
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Housing Market Comparison

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

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

3240 Lawrence St vs Detroit

43 DAYS ON ROCKET

-6 Days

$89,800

+$4.7K More

$54/SqFt

-$14 Less

KEY TAKEAWAY

This property is $4.7K more than the Median Sold Price and $14/SqFt less 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: #20240083265

Listing Office:

  • Office Name: Market Elite Inc
  • Office Phone: (586) 226-3200
  • Listing Agent: Derek C Lievens, Jacob Hardecki

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, 11:21:13 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$511$11,400
2020$881$10,600
2018$881$9,400
2017$908$9,600

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-4512594
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-4512595
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 2.18 miles

  • Public District Grades KG-5

school-card-donut-4512596
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 2.22 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,154. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3240 Lawrence St

What is the listing price of this property?

The listing price of 3240 Lawrence St property is $89,800.

What type of property is this?

The property 3240 Lawrence St is a house located in Detroit, Michigan, 48206.

Is this property for sale now?

Active Listing: 3240 Lawrence 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 $511 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3240 Lawrence St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 3240 Lawrence St is 1,666 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3240 Lawrence St is 1923.

Rocket Homes›Michigan›Wayne County›Detroit›48206›3240 Lawrence St

This home is located at 3240 Lawrence St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 1,666 square foot home, which was built in 1923, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $89,800.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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