4 months on rocket

3902 French Rd, Detroit, MI, 48214

$140,000

Home List Price

$1,663*

Closing Credit

6 Bedrooms
2 Full Baths
1,848 SqFt
$76/SqFt
House

Location

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3902 French Rd, Detroit$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1924
HeatingNatural Gas, Floor Furnace
BasementYes
MLS #20240052696
Lot Size0.07 Acres
StatusActive

About 3902 French Rd

MULTIPLE OFFERS RECEIVED HIGHEST AND BEST MONDAY AT NOON. LOCATED EAST VILLAGE PINGREE PARK JUST 5 MINUTES FROM THE HISTORIC INDIAN VILLAGE YOU WILL FIND 3902 FRENCH NESTLED ON A HUGE 3,136 SQUARE FOOT LOT IN THE QUIET "EAST CANFIELD" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 6 HUGE BEDROOMS AND 2 FULL BATHROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED HIGH EFFICIENCY FURNACE AND HOT WATER TANK. IN ADDITION, THIS HOME HAS ENTIRELY NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS BEEN FRESHLY PAINTED AND HAS NEW WALL TO WALL CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF A WHOPPING 2,226 ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20 CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY 100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,848 SqFt

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Floor Furnace

Other

Directions Information:

  • Directions: French & Canfield

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $502
  • 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

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

3902 French Rd vs Detroit

124 DAYS ON ROCKET

+79 Days

$140,000

+$55K More

$76/SqFt

+$2 More

KEY TAKEAWAY

This property is $55K more than the Median Sold Price and $2/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: #20240052696

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

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: 11/22/2024, 10:20:52 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

Apr 29, 2021Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2021$502$12,700
2020$842$12,300
2018$842$11,500
2017$840$11,800

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-744156
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 2.51 miles

  • Public District Grades KG-5

school-card-donut-744157
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 2.91 miles

  • Public Charter Grades 2-4

school-card-donut-744158
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 2.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,778. The most common annual income of people living in Detroit, MI is less than $35k. Most families are 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 3902 French Rd

What is the listing price of this property?

The listing price of 3902 French Rd property is $140,000.

What type of property is this?

The property 3902 French Rd is a house located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 3902 French Rd 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 $502 (source: MLS/based on county public records data).

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

The last sale was on April 29, 2021 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3902 French Rd has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3902 French Rd is 1,848 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3902 French Rd is 1924.

Rocket Homes›Michigan›Wayne County›Detroit›48214›3902 French Rd

This home is located at 3902 French Rd in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 1,848 square foot home, which was built in 1924, sits on a 0.07 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 21, 2024 and is currently priced at $140,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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