Calling all investors! Take a look at your next investment opportunity in the beautiful Russell Woods Subdivision. This home is in need of a complete rehab, but don't let that scare you. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1925
Living Area: 2,288 SqFt
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Parking: NoGarage
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Hot Water, Natural Gas
Other
Directions Information:
Directions: Linwood to Street, West
Price Information
Listing Price Info
Price Summary:
List Price: $7,000
Price Per SqFt: $3/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $78K less than the Median Sold Price and $65/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: #20240066781
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$102
Per Month
Principal & Interest
$35
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$87
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school1.78 miles
Public Charter Grades KG-5
1
/10
George Washington Carver Elementary School
14510 2nd Ave
Distance between this listing and this school2.00 miles
Public Charter Grades PK-4
2
/10
Barton Elementary School
8530 Joy Rd
Distance between this listing and this school2.27 miles
Public District Grades KG-5
Nearby Schools
2
/10
Hope Academy
12121 Broadstreet Ave
Distance between this listing and this school0.62 miles
Public Charter Grades PK-8
1
/10
Durfee Elementary-Middle School
2425 Tuxedo St
Distance between this listing and this school0.82 miles
Public District Grades KG-8
4
/10
New Paradigm Glazer Academy
2001 La Belle St
Distance between this listing and this school1.02 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Central Academy and High School
2425 Tuxedo St
Distance between this listing and this school0.82 miles
Public District Grades 9-12
5
/10
Joy Preparatory Academy
15055 Dexter Ave
Distance between this listing and this school1.14 miles
Public Charter Grades PK-12
3
/10
Northwestern High School
2200 W Grand Blvd
Distance between this listing and this school2.30 miles
The neighbors living near this home have an average income of $24,577. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3359 Leslie St
What is the listing price of this property?
The listing price of 3359 Leslie St property is $7,000.
What type of property is this?
The property 3359 Leslie St is a house located in Detroit, Michigan, 48238.
Is this property for sale now?
Active Listing: 3359 Leslie St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 3359 Leslie St has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 3359 Leslie St is 2,288 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3359 Leslie St is 1925.
This home is located at 3359 Leslie St in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 2,288 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $7,000.
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. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. 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.