1 year on rocket

3301 Roosevelt St, Detroit, MI, 48208

$30,000

0.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20221067906
Lot Size0.08 Acres
StatusActive

About 3301 Roosevelt St

Great opportunity for infill housing development. This lot sold in bundle with 3309 and 3315 Roosevelt. Not sold separately. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

Property Details

Property Features

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III, Clarence R Wilson

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: TAKE MICHIGAN AVE HEADED EAST PASS W GRAND BLVD., MAKE LEFT ONTO ROOSEVELT. LOTS WILL BE ON THE LEFT SIDE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $30,000
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

3301 Roosevelt St vs Detroit

727 DAYS ON ROCKET

+678 Days

$30,000

-$55K Less

KEY TAKEAWAY

This property is $55K less 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: #20221067906

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III, Clarence R Wilson

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: 12/11/2024, 6:21:09 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

$217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$156

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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-1772396
2
/10
  • Maybury Elementary School

  • 4410 Porter St

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-1772397
2
/10
  • Academy of the Americas at Logan

  • 3811 Cicotte St

  • 1.43 miles

  • Public District Grades KG-3

school-card-donut-1772398
1
/10
  • Cesar Chavez Academy Intermediate School

  • 4100 Martin St

  • 1.57 miles

  • Public Charter Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,136. The most common annual income of people living in Detroit, MI is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3301 Roosevelt St

What is the listing price of this property?

The listing price of 3301 Roosevelt St property is $30,000.

What type of property is this?

The property 3301 Roosevelt St is land located in Detroit, Michigan, 48208.

Is this property for sale now?

Active Listing: 3301 Roosevelt St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 3301 Roosevelt St is 0.08 acres.
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Rocket HomesMichiganWayne CountyDetroit482083301 Roosevelt St

This home is located at 3301 Roosevelt St in Detroit, MI and zip code 48208 in the Near West neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since December 15, 2022 and is currently priced at $30,000.

In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

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