11 days on rocket

5059 Buckingham Ave, Detroit, MI, 48224

$84,500

Home List Price

$1,003*

Closing Credit

2 Full Baths, 1 Partial
1,776 SqFt
$48/SqFt
Multi

Location

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5059 Buckingham Ave, Detroit$84,500

Buyer Closing Credits

$1,003*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1927
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240084805
Lot Size0.11 Acres
StatusActive

About 5059 Buckingham Ave

Spacious two-family flat featuring upper and lower units, each with its own charm and functionality! This property includes a shared basement, a two-car garage, and two fireplaces, adding warmth and character to both units. Perfect for investors or owner-occupants looking to rent out one unit while living in the other. Don’t miss out on this versatile and income-generating opportunity! BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1927
  • Stories: 2
  • Living Area: 1,776 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Lashawn Peterson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: East on Warren, Left on Buckingham

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,500
  • Price Per SqFt: $48/SqFt

Tax Information:

  • Annual Amount: $2,092
  • 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

5059 Buckingham Ave vs Detroit

11 DAYS ON ROCKET

-34 Days

$84,500

-$500 Less

$48/SqFt

-$26 Less

KEY TAKEAWAY

This property is $500 less than the Median Sold Price and $26/SqFt less 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: #20240084805

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Lashawn Peterson

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: 11/21/2024, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2021Home Sold
$41,000
Apr 10, 2019Home Sold
$34,000
Apr 10, 2019Home Sold
$23,000
Jan 11, 2012Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,092$22,800
2020$1,144$21,000
2018$1,144$16,900
2017$1,252$15,700

History based on county public records data.

Payment Calculator

$489

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$320

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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-297376
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.85 miles

  • Public Charter Grades KG-5

school-card-donut-297377
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.14 miles

  • Public District Grades PK-5

school-card-donut-297378
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,808. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48224›5059 Buckingham Ave

This home is located at 5059 Buckingham Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,776 square foot home, which was built in 1927, sits on a 0.11 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $84,500.

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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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