5 months on rocket

3774 W Boston Blvd, Detroit, MI, 48206

$22,000

Home List Price

$261*

Closing Credit

4 Full Baths, 1 Partial
3,794 SqFt
$6/SqFt
Multi

Location

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3774 W Boston Blvd, Detroit$22,000

Buyer Closing Credits

$261*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1924
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240039243
Lot Size0.10 Acres
StatusActive

About 3774 W Boston Blvd

Welcome to the latest offering from the Detroit Land Bank Authority. 4 unit brick Quadruplex in an up and coming development area. Property also includes 2 vacant lots 3784 and 3766 W. Boston on either side of the building for even more expansion possibilities. Show with caution because property needs a complete rehab. Vacant lots bundled with structures need to show a minimal design for example, someone may indicate they are fencing and putting benches and some bushes. They do need to show a diagram as indicated in the plot plan example #1 on page 5 of 20. 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/or 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. Please refer to DLBA proposal guidelines

Property Details

Property Features

Property Information:

  • Architectural Style: Quadruplex
  • Year Built: 1924
  • Stories: 2
  • Living Area: 3,794 SqFt

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley II

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Dexter to W. Boston

Price Information

Listing Price Info

Price Summary:

  • List Price: $22,000
  • Price Per SqFt: $6/SqFt
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

3774 W Boston Blvd vs Detroit

164 DAYS ON ROCKET

+119 Days

$22,000

-$63K Less

$6/SqFt

-$68 Less

KEY TAKEAWAY

This property is $63K less than the Median Sold Price and $68/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: #20240039243

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley 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 © 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: 11/17/2024, 2:20:53 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

$177

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$132

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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-446525
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.73 miles

  • Public Charter Grades KG-5

school-card-donut-446526
2
/10
  • Barton Elementary School

  • 8530 Joy Rd

  • 1.91 miles

  • Public District Grades KG-5

school-card-donut-446527
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.47 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,228. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Michigan›Wayne County›Detroit›48206›3774 W Boston Blvd

This home is located at 3774 W Boston Blvd in Detroit, MI and zip code 48206 in the Winterhalter neighborhood. This 3,794 square foot home, which was built in 1924, sits on a 0.10 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $22,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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