29 days on rocket

3990 Beaconsfield St, Detroit, MI, 48224

$175,000

Home List Price

$2,078*

Closing Credit

6 Bedrooms
2 Full Baths
2,039 SqFt
$86/SqFt
House

Location

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3990 Beaconsfield St, Detroit$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1927
HeatingNatural Gas, Floor Furnace
BasementYes
MLS #20240080395
Lot Size0.10 Acres
StatusActive

About 3990 Beaconsfield St

LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1927
  • Stories: 2
  • Living Area: 2,039 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

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Floor Furnace

Other

Directions Information:

  • Directions: Beaconsfield & Bremen

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $86/SqFt

Tax Information:

  • Annual Amount: $1,584
  • 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

3990 Beaconsfield St vs Detroit

29 DAYS ON ROCKET

-16 Days

$175,000

+$90K More

$86/SqFt

+$12 More

KEY TAKEAWAY

This property is $90K more than the Median Sold Price and $12/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: #20240080395

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, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 14, 2021Home Sold
$20,000
May 27, 2015Home Sold
$49,400

Tax History

YEARPROP. TAXASSESSMENT
2021$1,584$23,200
2020$1,132$20,900
2018$1,132$15,700
2017$1,128$15,100

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-624492
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-624493
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-624494
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.75 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 $26,714. The most common annual income of people living in Detroit, MI is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3990 Beaconsfield St

What is the listing price of this property?

The listing price of 3990 Beaconsfield St property is $175,000.

What type of property is this?

The property 3990 Beaconsfield St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 3990 Beaconsfield St 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 $1,584 (source: MLS/based on county public records data).

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

The last sale was on September 14, 2021 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3990 Beaconsfield St has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3990 Beaconsfield St is 2,039 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3990 Beaconsfield St is 1927.

Rocket Homes›Michigan›Wayne County›Detroit›48224›3990 Beaconsfield St

This home is located at 3990 Beaconsfield St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,039 square foot home, which was built in 1927, sits on a 0.10 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $175,000.

Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. 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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