4 months on rocket

5095 Van Dyke St, Detroit, MI, 48213

$115,900

Home List Price

$1,376*

Closing Credit

2 Full Baths
3,039 SqFt
$38/SqFt
Multi

Location

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5095 Van Dyke St, Detroit$115,900

Buyer Closing Credits

$1,376*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingLighted, SharedDriveway
Year Built1918
HeatingNatural Gas, Steam
BasementYes
MLS #20240055475
Lot Size0.08 Acres
StatusActive

About 5095 Van Dyke St

AS-IS sale. Discover your next profitable venture in the heart of the rapidly revitalizing Pingree Park Area! A community known for its rising property values. This property needs some work, but is a perfect investment property for the hands on landlord that wants to grow their real estate portfolio. ?? Property highlights include: Current Income: Twenty-Four Thousand a year Roomy & Comfortable: Each spacious unit boasts 3 generous bedrooms and 1 full bathroom, perfect for growing families or young professionals. Newer roof, newer boiler, and hot water tank, plus fully updated plumbing and electrical systems, ensuring peace of mind and minimal future expenses. ?? Area features include: Vibrant Community: Become part of a thriving neighborhood where blighted and vacant homes are quickly disappearing, replaced with beautifully renovated properties. Prime Location: Conveniently located near Detroit Prep, Indian Village and Eastern Market and public transportation – everything you need is just a stone's throw away. With its high desirability and strong rental income, it presents the perfect blend of stability and growth potential. Don’t miss your chance to invest in Pingree Park’s bright future!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1918
  • Living Area: 3,039 SqFt

Listing Office:

  • Office Name: Historic Realty Detroit
  • Office Phone: (313) 752-0533
  • Listing Agent: Jason Hill

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Lighted, SharedDriveway

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

Other

Directions Information:

  • Directions: Mack to Van Dyke

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,900
  • Price Per SqFt: $38/SqFt

Tax Information:

  • Annual Amount: $1,693
  • 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

5095 Van Dyke St vs Detroit

145 DAYS ON ROCKET

+96 Days

$115,900

+$30.8K More

$38/SqFt

-$30 Less

KEY TAKEAWAY

This property is $30.8K more than the Median Sold Price and $30/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: #20240055475

Listing Office:

  • Office Name: Historic Realty Detroit
  • Office Phone: (313) 752-0533
  • Listing Agent: Jason Hill

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: 12/23/2024, 2:21:03 AM 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$1,693$16,200
2020$1,106$17,200
2018$1,106$12,100
2017$1,101$13,500

History based on county public records data.

Payment Calculator

$646

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$414

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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-1134658
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 1.68 miles

  • Public Charter Grades 2-4

school-card-donut-1134659
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 2.18 miles

  • Public Charter Grades KG-5

school-card-donut-1134660
3
/10

  • Bridge Academy East

  • 9600 Buffalo St

  • 2.28 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 $15,000. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›5095 Van Dyke St

This home is located at 5095 Van Dyke St in Detroit, MI and zip code 48213 in the Lower East neighborhood. This 3,039 square foot home, which was built in 1918, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $115,900.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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