5 months on rocket

4368 Buckingham Ave, Detroit, MI, 48224

$110,000

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath
1,560 SqFt
$71/SqFt
House

Location

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4368 Buckingham Ave, Detroit$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1925
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240037929
Lot Size0.11 Acres
StatusActive

About 4368 Buckingham Ave

HUGE PRICE DROP**CALLING ALL INVESTORS**1500+ Sq Ft performing colonial in Morningside, one of Detroit's most coveted neighborhoods. Terrific tenant paying 1,100 monthly rent. This cash cow yields over 13k in annual gross income with a SOLID ROI. Home has a newer roof, vinyl windows and large living room with fireplace. Formal dining room and large eat in kitchen w/Granite/Breakfast nook for all family gatherings. 3 large bedrooms upstairs as well as a full bathroom with tub/shower. Basement is wide open, clean, with newer mechanicals. Fenced yard and great curb appeal. This property would make a great longer term hold, while putting money in the next owners pocket. Easy area to find quality Tenants, close to schools, shopping and dining. Call/text for more information.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Between Mack/Warren and Alter/Outer Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $1,742
  • 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

4368 Buckingham Ave vs Detroit

165 DAYS ON ROCKET

+120 Days

$110,000

+$25K More

$71/SqFt

-$3 Less

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $3/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: #20240037929

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

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, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 13, 2021Home Sold
$91,700
Mar 15, 2021Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,742$12,000
2020$884$10,800
2018$884$7,600
2017$880$7,300

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-524421
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-524422
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.21 miles

  • Public Charter Grades KG-5

school-card-donut-524423
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.52 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 $39,632. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4368 Buckingham Ave

What is the listing price of this property?

The listing price of 4368 Buckingham Ave property is $110,000.

What type of property is this?

The property 4368 Buckingham Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 4368 Buckingham Ave 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 $1,742 (source: MLS/based on county public records data).

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

The last sale was on July 13, 2021 for $91,700. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4368 Buckingham Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4368 Buckingham Ave is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4368 Buckingham Ave is 1925.

Rocket Homes›Michigan›Wayne County›Detroit›48224›4368 Buckingham Ave

This home is located at 4368 Buckingham Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,560 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $110,000.

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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