8 months on rocket

4690 Nottingham Rd, Detroit, MI, 48224

$25,000

Home List Price

$297*

Closing Credit

0 Baths
Multi

Location

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4690 Nottingham Rd, Detroit$25,000

Buyer Closing Credits

$297*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingForced Air, Natural Gas
BasementYes
MLS #24008095
Lot Size0.11 Acres
StatusActive

About 4690 Nottingham Rd

Calling all Investors! This duplex, located on Detroit's vibrant East Side, is ready for a full rehab. Each unit features 2 bedrooms and 1 bath, offering the potential for attractive rental income. With some TLC and creativity, this property can be transformed into a lucrative investment. Don't miss out on the chance to revitalize this property. Contact us today for more details and to schedule a viewing! BATVAI

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Lashawn Peterson, Andre Wadley Jr.

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Warren Ave To Nottingham and Go South

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,000

Tax Information:

  • Annual Amount: $1,824
  • 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

4690 Nottingham Rd vs Detroit

260 DAYS ON ROCKET

+215 Days

$25,000

-$60K Less

KEY TAKEAWAY

This property is $60K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24008095

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Lashawn Peterson, Andre Wadley Jr.

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:56 AM 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$1,824$17,700
2020$1,190$15,900
2018$1,190$14,700
2017$42$600

History based on county public records data.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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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-1903444
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-1903445
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.12 miles

  • Public Charter Grades KG-5

school-card-donut-1903446
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 2.60 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,714. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is 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

Rocket Homes›Michigan›Wayne County›Detroit›48224›4690 Nottingham Rd

This home is located at 4690 Nottingham Rd in Detroit, MI and zip code 48224 in the Lower East neighborhood. This home, which was built in 1925, sits on a 0.11 acre lot. It has been listed on Rocket Homes since February 18, 2024 and is currently priced at $25,000.

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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. 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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