new - 4 days on rocket

5001 Underwood St, Detroit, MI, 48204

$225,000

Home List Price

$2,672*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,836 SqFt
$123/SqFt
House

Location

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5001 Underwood St, Detroit$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1922
HeatingNatural Gas, Hot Water
BasementYes
FireplaceGas, Natural, Basement, Great Room
MLS #20240084826
Lot Size0.10 Acres
StatusActive

About 5001 Underwood St

Magnificent three-story colonial home on a great block just minutes from Downtown. Close to major freeways, stadiums, theatres, and restaurants. This would be fantastic home or short-term rental. Nice private back yard. Alarm system included. Refrigerator, stove and microwave stay. Gas fireplace can be converted back to wood burning. Newer roof, paint, carpet, furnace, central air, and most windows. This home has so much potential. Attic space can be converted to living space. Back porch can be enclosed for a nice 3 season room. Room sizes estimated. Buyer to verify all information. Thank you for checking out our listing.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1922
  • Stories: 3
  • Living Area: 1,836 SqFt

Listing Office:

  • Office Name: Imagine Home Realty
  • Office Phone: (313) 456-9898
  • Listing Agent: Dennis Rutowski

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Furnished - No
  • Fireplace: Gas, Natural, Basement, Great Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning/Overhang(s), Fenced

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Virtual/3D Tour

  • Virtual Tour: 5001 Underwood St
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Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: East of Livernois and South of Grand River

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $1,563
  • 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

5001 Underwood St vs Detroit

4 DAYS ON ROCKET

-41 Days

$225,000

+$140K More

$123/SqFt

+$49 More

KEY TAKEAWAY

This property is $140K more than the Median Sold Price and $49/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: #20240084826

Listing Office:

  • Office Name: Imagine Home Realty
  • Office Phone: (313) 456-9898
  • Listing Agent: Dennis Rutowski

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: 11/14/2024, 10:20:52 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$1,563$9,900
2020$1,095$9,400
2018$1,095$10,900
2017$1,090$11,100

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-286782
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-286783
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 1.74 miles

  • Public District Grades PK-5

school-card-donut-286784
2
/10

  • Riverside Academy

  • 7124 Miller Rd

  • 2.22 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,368. Typical income of Detroit, MI residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5001 Underwood St

What is the listing price of this property?

The listing price of 5001 Underwood St property is $225,000.

What type of property is this?

The property 5001 Underwood St is a house located in Detroit, Michigan, 48204.

Is this property for sale now?

Active Listing: 5001 Underwood 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 $1,563 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5001 Underwood St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5001 Underwood St is 1,836 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5001 Underwood St is 1922.

Rocket Homes›Michigan›Wayne County›Detroit›48204›5001 Underwood St

This home is located at 5001 Underwood St in Detroit, MI and zip code 48204 in the Tireman neighborhood. This 1,836 square foot home, which was built in 1922, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $225,000.

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. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. 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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