7 months on rocket

4288 Webb St, Detroit, MI, 48204

$28,000

Home List Price

$333*

Closing Credit

3 Bedrooms
3 Full Baths
3,974 SqFt
$7/SqFt
House

Location

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4288 Webb St, Detroit$28,000

Buyer Closing Credits

$333*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1926
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240024633
Lot Size0.11 Acres
StatusActive

About 4288 Webb St

Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1926
  • Stories: 2
  • Living Area: 3,974 SqFt

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S. of Elmhurst, W. of Dexter

Price Information

Listing Price Info

Price Summary:

  • List Price: $28,000
  • Price Per SqFt: $7/SqFt
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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

4288 Webb St vs Detroit

213 DAYS ON ROCKET

+168 Days

$28,000

-$57K Less

$7/SqFt

-$67 Less

KEY TAKEAWAY

This property is $57K less than the Median Sold Price and $67/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: #20240024633

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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

$207

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$150

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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-507152
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-507153
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 2.01 miles

  • Public Charter Grades KG-5

school-card-donut-507154
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.53 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 $16,918. The majority of Detroit, MI residents have income less than $35k annually. The majority of 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 4288 Webb St

What is the listing price of this property?

The listing price of 4288 Webb St property is $28,000.

What type of property is this?

The property 4288 Webb St is a house located in Detroit, Michigan, 48204.

Is this property for sale now?

Active Listing: 4288 Webb St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4288 Webb St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4288 Webb St is 3,974 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4288 Webb St is 1926.

Rocket Homes›Michigan›Wayne County›Detroit›48204›4288 Webb St

This home is located at 4288 Webb St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. This 3,974 square foot home, which was built in 1926, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $28,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. 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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