3 months on rocket

488 Parkview Dr, Detroit, MI, 48214

$749,500

Home List Price

$8,900*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,128 SqFt
$240/SqFt
House

Location

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488 Parkview Dr, Detroit$749,500

Buyer Closing Credits

$8,900*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1910
HeatingNatural Gas, Hot Water
BasementYes
WaterfrontBoat Facilities
MLS #20240056138
Lot Size0.22 Acres
StatusActive

About 488 Parkview Dr

Beautifully Updated Home on the canal just a few houses from the Detroit River Front! You can park your boat on the canal, right in your back yard! This exquisite recently remodeled property has 3 large bedrooms and 5 bathrooms. Included is all brand new, updated high end appliances and special high end features. The huge master bedroom with en-suite bathroom has as large fireplace with a spacious sitting room area that offers a view of the historic yacht club. The gourmet kitchen has an attached butlers pantry, truly a luxury from the past. This historic home is in one of the best neighborhoods and is located near downtown and close to Belle Isle. This is a true gem you must see to appreciate. *Buyers must show pre-approval / proof of funds prior to showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1910
  • Stories: 2
  • Living Area: 3,128 SqFt

Listing Office:

  • Office Name: Aaronson Real Estate Management
  • Office Phone: (248) 935-1165
  • Listing Agent: Scott M Aaronson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Boat Facilities

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: South of Jefferson, East of Parkview

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,500
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $1,412
  • 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

488 Parkview Dr vs Detroit

95 DAYS ON ROCKET

+50 Days

$749,500

+$664.5K More

$240/SqFt

+$166 More

KEY TAKEAWAY

This property is $664.5K more than the Median Sold Price and $166/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: #20240056138

Listing Office:

  • Office Name: Aaronson Real Estate Management
  • Office Phone: (248) 935-1165
  • Listing Agent: Scott M Aaronson

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: 11/5/2024, 3:20:53 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

Mar 15, 2004Home Sold
$270,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,412$66,100
2020$2,268$73,700
2018$2,268$47,200
2017$2,255$45,400

History based on county public records data.

Payment Calculator

$3,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,314

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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-2147427
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 2.19 miles

  • Public Charter Grades KG-5

school-card-donut-2147428
3
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 2.56 miles

  • Public Charter Grades KG-5

school-card-donut-2147429
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 2.62 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,119. The most common annual income of people living in Detroit, MI is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 488 Parkview Dr

What is the listing price of this property?

The listing price of 488 Parkview Dr property is $749,500.

What type of property is this?

The property 488 Parkview Dr is a house located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 488 Parkview Dr 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 $1,412 (source: MLS/based on county public records data).

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

The last sale was on March 15, 2004 for $270,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 488 Parkview Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 488 Parkview Dr is 3,128 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 488 Parkview Dr is 1910.

Rocket Homes›Michigan›Wayne County›Detroit›48214›488 Parkview Dr

This home is located at 488 Parkview Dr in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 3,128 square foot home, which was built in 1910, sits on a 0.22 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $749,500.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and 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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