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3470 Cambridge Ave, Detroit, MI, 48221

$590,000

Home List Price

$7,006*

Closing Credit

5 Bedrooms
3 Full Baths, 2 Partial
4,253 SqFt
$139/SqFt
House

Location

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3470 Cambridge Ave, Detroit$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached, Driveway
Garage2 spaces
Year Built1927
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceElectric, Gas, LivingRoom, MasterBedroom, WoodBurning
MLS #20240088763
Lot Size0.27 Acres
StatusActive

About 3470 Cambridge Ave

Nestled in the prestigious Historic Sherwood Forest neighborhood, this exquisite 1927 Tudor boasts timeless charm paired with modern updates. Step inside to discover stunning hardwood floors throughout, exuding warmth and character in every room. The updated kitchen is a chef’s delight, featuring sleek stainless steel appliances, elegant quartz countertops, and ample cabinetry. The expansive primary bedroom offers a serene retreat, complete with a spacious ensuite bathroom for ultimate comfort. The fully finished basement adds additional living space with its brand-new solid wood parquet flooring, perfect for a family room or entertaining area. With five generously sized bedrooms and 3.5 bathrooms, this home provides ample room for the home's residents and guests. Outside, enjoy an expansive backyard, ideal for relaxation or hosting gatherings. The Sherwood Forest neighborhood offers unique benefits as a Special Assessment District, including a $300 annual fee that covers private security patrols and snow removal, enhancing peace of mind and convenience. Situated in a highly sought-after location, you’re moments away from downtown Detroit, Ferndale, and Birmingham. Enjoy nearby shopping, dining, Palmer Park, the Detroit Golf Club, and the vibrant Livernois commercial district. Plus, this home qualifies for the NEZ-H property tax abatement, offering significant savings. Experience the perfect blend of historic charm and modern living in one of Detroit’s most coveted neighborhoods. Welcome home!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic, Tudor
  • Year Built: 1927
  • Living Area: 4,253 SqFt

Listing Office:

  • Office Name: @properties Christies Intl R.E. Detroit
  • Office Phone: (313) 230-0510
  • Listing Agent: Austin Black II

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Fireplace: Electric, Gas, LivingRoom, MasterBedroom, WoodBurning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take 7 Mile Road to Berkeley Road. Go two blocks north on Berkeley Road and turn right on Cambridge Avenue. The house is located on the north side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000
  • Price Per SqFt: $139/SqFt

Tax Information:

  • Annual Amount: $2,822
  • 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

$85.9K

Med. Price/SqFt

$68

Avg. Days On Market

46

# of Sold Homes

390

3470 Cambridge Ave vs Detroit

39 DAYS ON ROCKET

-7 Days

$590,000

+$504K More

$139/SqFt

+$70 More

KEY TAKEAWAY

This property is $504K more than the Median Sold Price and $70/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: #20240088763

Listing Office:

  • Office Name: @properties Christies Intl R.E. Detroit
  • Office Phone: (313) 230-0510
  • Listing Agent: Austin Black II

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 © 2025 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: 1/4/2025, 11:56:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 18, 2019Home Sold
$168,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,822$148,300
2020$4,716$144,600
2018$4,716$97,600
2017$4,706$82,500

History based on county public records data.

Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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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-410232
2
/10

  • Pasteur Elementary School

  • 19811 Stoepel St

  • 0.40 miles

  • Public District Grades PK-6

school-card-donut-410233
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 0.97 miles

  • Public District Grades PK-6

school-card-donut-410234
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 2.30 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 $93,155. The majority of Detroit, MI residents have income between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3470 Cambridge Ave

What is the listing price of this property?

The listing price of 3470 Cambridge Ave property is $590,000.

What type of property is this?

The property 3470 Cambridge Ave is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 3470 Cambridge Ave 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 $2,822 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 18, 2019 for $168,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3470 Cambridge Ave has 5 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 3470 Cambridge Ave is 4,253 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3470 Cambridge Ave is 1927.

Rocket Homes›Michigan›Wayne County›Detroit›48221›3470 Cambridge Ave

This home is located at 3470 Cambridge Ave in Detroit, MI and zip code 48221 in the Palmer Park neighborhood. This 4,253 square foot home, which was built in 1927, sits on a 0.27 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $590,000.

In December 2024 more than 91 listings in Detroit, MI were sold above the asking price. During the same period more than 68 listings were sold at asking price, while more than 231 were sold below. The number of listings in Detroit, MI increased by 0.2% between November 2024 and December 2024. In December 2024 median list price was $85,917 and the average listing age was 46 days.

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

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