We are pleased to offer a unique assemblage of parcels for sale in Detroit's Islandview neighborhood. Great development Potential: - Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses. - 12-20 townhome or 25+ apartment development Property Description - 4 parcels: 7029 Saint Paul, 365, 369 & 371 E. Grand - 0.69 acres | 30,000sf - Corner lot - 146' frontage on Saint Paul St. - 206' frontage on East Grand Blvd. This is also part of a package that consists of two sites. Each can be sold separately or bundled together. See listing for 531 E. Grand Blvd. for the other site.
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
Office Phone: (313) 658-6400
Listing Agent: Jerome Huez
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.69 Acres
Other
Directions Information:
Directions: East on Jefferson, Left on East Grand. Property is at the NW corner of E Grand and Saint Paul
Price Information
Listing Price Info
Price Summary:
List Price: $360,000
Tax Information:
Annual Amount: $753
Tax Year: 2021
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 $274.9K 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: #20240070028
Listing Office:
Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
Office Phone: (313) 658-6400
Listing Agent: Jerome Huez
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.
$1,864
Per Month
Principal & Interest
$1,797
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
$1,146
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
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school1.09 miles
Public Charter Grades KG-5
3
/10
University Preparatory Science and Math Elementary School
2251 Antietam Ave
Distance between this listing and this school1.28 miles
Public Charter Grades KG-5
8
/10
Chrysler Elementary School
1445 E Lafayette St
Distance between this listing and this school1.75 miles
Public District Grades KG-5
Nearby Schools
2
/10
Garvey Academy
2301 Van Dyke St
Distance between this listing and this school0.46 miles
Public District Grades PK-8
2
/10
Nichols Elementary-Middle School
3000 Burns St
Distance between this listing and this school1.01 miles
Public District Grades PK-8
1
/10
Detroit Academy of Arts and Sciences Middle School
2985 E Jefferson Ave
Distance between this listing and this school1.09 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Martin Luther King Jr. Senior High School
3200 E Lafayette St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
3
/10
University Preparatory Science and Math (PSAD) High School
2664 Franklin St
Distance between this listing and this school1.34 miles
Public Charter Grades 9-12
6
/10
Detroit Edison Public School Academy High School
3402 Saint Aubin St
Distance between this listing and this school1.59 miles
The neighbors living near this home have an average income of $38,375. The majority of Detroit, MI residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 365 E Grand Blvd
What is the listing price of this property?
The listing price of 365 E Grand Blvd property is $360,000.
What type of property is this?
The property 365 E Grand Blvd is land located in Detroit, Michigan, 48207.
Is this property for sale now?
Active Listing: 365 E Grand Blvd 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 $753 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 365 E Grand Blvd in Detroit, MI and zip code 48207 in the Lower East neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $360,000.
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. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. 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.