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504 Alter Rd, Detroit, MI, 48215

$129,900

Home List Price

$1,543*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,127 SqFt
$115/SqFt
House

Location

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504 Alter Rd, Detroit$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Year Built1946
HeatingForced Air, Natural Gas
BasementYes
MLS #81024056239
Lot Size0.10 Acres
StatusActive

About 504 Alter Rd

This light-filled, fully remodeled two-story townhouse is located in a highly sought-after area and features a newer roof. Enjoy the privacy of a serene backyard with a cozy three-season room, perfect for relaxing most of the year. Beautiful wood floors add warmth and charm to the space. Furnace and water heater will be installed prior to closing.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1946
  • Stories: 2
  • Living Area: 1,127 SqFt

Listing Office:

  • Office Name: Investors Prop Mgmt Detroit
  • Office Phone: (313) 995-9027
  • Listing Agent: Alana Paap

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: West on Alter Between Fairfax & Essex

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $115/SqFt

Tax Information:

  • Annual Amount: $1,672
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

504 Alter Rd vs Detroit

39 DAYS ON ROCKET

-10 Days

$129,900

+$44.8K More

$115/SqFt

+$47 More

KEY TAKEAWAY

This property is $44.8K more than the Median Sold Price and $47/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024056239

Listing Office:

  • Office Name: Investors Prop Mgmt Detroit
  • Office Phone: (313) 995-9027
  • Listing Agent: Alana Paap

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: 12/3/2024, 2:21:00 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$1,672$14,500
2020$992$12,800
2018$992$8,700
2017$1,012$8,800

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-3525698
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-3525699
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 3.14 miles

  • Public Charter Grades KG-5

school-card-donut-3525700
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 3.39 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 $29,400. Typical income of Detroit, MI residents is 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 504 Alter Rd

What is the listing price of this property?

The listing price of 504 Alter Rd property is $129,900.

What type of property is this?

The property 504 Alter Rd is a house located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 504 Alter Rd 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 $1,672 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 504 Alter Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 504 Alter Rd is 1,127 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 Alter Rd is 1946.

Rocket Homes›Michigan›Wayne County›Detroit›48215›504 Alter Rd

This home is located at 504 Alter Rd in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 1,127 square foot home, which was built in 1946, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $129,900.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

From Rocket Homes Real Estate and based on county public records data.

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