20 days on rocket

5046 Canton St, Detroit, MI, 48211

$156,000

Home List Price

$1,853*

Closing Credit

3 Bedrooms
2 Full Baths
1,500 SqFt
$104/SqFt
House

Location

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5046 Canton St, Detroit$156,000

Buyer Closing Credits

$1,853*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1910
HeatingNatural Gas, Forced Air
BasementYes
MLS #50159535
Lot Size0.07 Acres
StatusActive

About 5046 Canton St

Experience the ultimate combination of modern living and urban vibrancy in this beautifully updated home. Just minutes from downtown, immerse yourself in one of Detroit’s most dynamic neighborhoods, with parks, dining, and entertainment all within reach. Inside, discover a bright and inviting space featuring a range of thoughtful improvements, including new ductwork, a high-efficiency furnace, updated plumbing and electrical systems, and a brand-new hot water tank—ensuring comfort and reliability. This home is eligible for the 'Detroit Down Payment Assistance Program,' and offers the opportunity to expand with neighboring lots through the 'Side Lot Program,' making it easier to create the ideal space you’ve envisioned. Be part of Detroit’s exciting growth. Book your showing now!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Brookstone, Realtors LLC
  • Office Phone: (248) 963-0505
  • Listing Agent: Allen Kathawa

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Ceramic Floors, Walk-In Closet, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

School District Information:

  • School District: Detroit City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $156,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $641
  • 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

5046 Canton St vs Detroit

20 DAYS ON ROCKET

-25 Days

$156,000

+$71K More

$104/SqFt

+$30 More

KEY TAKEAWAY

This property is $71K more than the Median Sold Price and $30/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50159535

Listing Office:

  • Office Name: Brookstone, Realtors LLC
  • Office Phone: (248) 963-0505
  • Listing Agent: Allen Kathawa

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$641$11,300
2020$422$11,800
2018$422$8,000
2017$422$8,900

History based on county public records data.

Payment Calculator

$846

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$534

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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-535509
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 1.56 miles

  • Public Charter Grades 2-4

school-card-donut-535510
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.80 miles

  • Public Charter Grades KG-5

school-card-donut-535511
3
/10

  • Bridge Academy East

  • 9600 Buffalo St

  • 2.21 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,941. Typical income of Detroit, MI residents is less than $35k annually. The majority of families are 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

Frequently Asked Questions About 5046 Canton St

What is the listing price of this property?

The listing price of 5046 Canton St property is $156,000.

What type of property is this?

The property 5046 Canton St is a house located in Detroit, Michigan, 48211.

Is this property for sale now?

Active Listing: 5046 Canton 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 $641 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5046 Canton St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5046 Canton St is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5046 Canton St is 1910.

Rocket Homes›Michigan›Wayne County›Detroit›48211›5046 Canton St

This home is located at 5046 Canton St in Detroit, MI and zip code 48211 in the Lower East neighborhood. This 1,500 square foot home, which was built in 1910, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $156,000.

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. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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