This property is $400 more than the Median Sold Price and $58/SqFt more than other homes in Hamtramck, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240079531
Listing Office:
Office Name: Real Estate Advantage
Office Phone: (586) 806-6650
Listing Agent: Muhammed Nasser
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$915
Per Month
Principal & Interest
$848
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$576
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Bridge Academy East
9600 Buffalo St
Distance between this listing and this school0.07 miles
Public Charter Grades PK-5
3
/10
Dickinson East Elementary School
3385 Norwalk St
Distance between this listing and this school0.35 miles
Public District Grades KG-6
2
/10
Oakland International Academy Elementary School
4001 Miller St
Distance between this listing and this school0.74 miles
Public Charter Grades 2-4
Nearby Schools
7
/10
Hamtramck Academy
11420 Conant St
Distance between this listing and this school0.42 miles
Public Charter Grades KG-8
2
/10
Tau Beta School
3056 Hanley St
Distance between this listing and this school0.60 miles
Public District Grades KG-8
3
/10
Oakland International Academy Middle School
8228 Conant St
Distance between this listing and this school0.79 miles
Public Charter Grades 5-8
Nearby Schools
2
/10
Horizon High School
3225 Caniff St
Distance between this listing and this school0.54 miles
Public District Grades 9-12
4
/10
Hamtramck High School
11410 Charest St
Distance between this listing and this school0.60 miles
Public District Grades 9-12
5
/10
Oakland International Academy High School
2619 Florian St
Distance between this listing and this school0.82 miles
The neighbors living near this home have an average income of $22,337. The most common annual income of people living in Hamtramck, MI is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5047 Edwin St
What is the listing price of this property?
The listing price of 5047 Edwin St property is $169,900.
What type of property is this?
The property 5047 Edwin St is a house located in Hamtramck, Michigan, 48212.
Is this property for sale now?
Active Listing: 5047 Edwin 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 $1,178 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5047 Edwin St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5047 Edwin St is 900 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5047 Edwin St is 1930.
This home is located at 5047 Edwin St in Hamtramck, MI and zip code 48212. This 900 square foot home, which was built in 1930, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $169,900.
In October 2024, from all listings sold in Hamtramck, MI there were more than 1 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The number of listings in Hamtramck, MI increased by 12.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $169,500, while the average time on the real estate market was 19 days.
From Rocket Homes Real Estate and based on county public records data.