OPEN HOUSES HELD @ OUR MODEL 1636 MERRICK! OFFERING $5,000 UPGRADE CREDIT. MODEL AVAILABLE FOR PRIVATE SHOWINGS. ASK ABOUT OUR RATE BUY DOWN INCENTIVE AND SPECIAL FINANCING OPTIONS WITH OUR PREFERRED LENDERS, INCLUDING 0% DOWN AND NO PMI FOR QUALIFIED BORROWERS! AVAILABLE FOR IMMEDIATE OCCUPANCY. The Terraces at Woodbridge is a new condominium development located at the corner of Avery and Merrick Streets in the northern part of the highly sought after Woodbridge neighborhood, just a block from the Woodbridge Pub, Pie Sci Pizza, Lexington Bar, Bash Izakaya, and a short walk to Barda, Cafe Prince, etc. This unit features a ranch-style layout on the 2nd floor, the short trip downstairs to your private, attached garage is a big perk, as is your very own rooftop terrace on your main level. There are two bedrooms, of which the Primary Bedroom features windows on three sides, an ensuite bathroom, and a walk-in closet. The 2nd bedroom is adjacent to a second full bath, accessible from the hall. The long, elegant hallway is punctuated with windows, perfect for natural lighting all throughout the day. 15 YR NEZ NEW CONSTRUCTION PROPERTY TAX ABATEMENT ELIGIBLE for principal residents.
Property Details
Property Features
Property Information:
Architectural Style: Townhouse
Year Built: 2023
Living Area: 1,215 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
Office Phone: (313) 658-6400
Listing Agent: Todd D Sykes
Interior Features
Interior Information:
Appliances: Gas Range, Dishwasher, Disposal, Refrigerator, Microwave
Basement: No
Interior: ProgrammableThermostat
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Exterior: PrivateEntrance
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: OneCarGarage, Attached
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: From the intersection on Trumbull and W Warren Ave, head north on Trumbull. Make a left to head west on Merrick St. Take a right on Avery St heading north.
Price Information
Listing Price Info
Price Summary:
List Price: $398,500
Price Per SqFt: $328/SqFt
HOA Fees:
Amount: $302
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $313.4K more than the Median Sold Price and $260/SqFt more 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: #20240005845
Listing Office:
Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
Office Phone: (313) 658-6400
Listing Agent: Todd D Sykes
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,358
Per Month
Principal & Interest
$1,989
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)
$302
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
$1,261
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
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school0.62 miles
Public Charter Grades KG-5
2
/10
University Preparatory Academy Psad Elementary School
435 Amsterdam St
Distance between this listing and this school0.93 miles
Public Charter Grades KG-5
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school2.33 miles
Public Charter Grades KG-5
Nearby Schools
2
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school0.40 miles
Public Charter Grades PK-8
7
/10
Edmonson Montessori
1300 W Canfield St
Distance between this listing and this school0.53 miles
Public District Grades PK-8
2
/10
Burton International Academy
2001 Martin Luther King Jr Blvd
Distance between this listing and this school1.02 miles
Public District Grades KG-8
Nearby Schools
3
/10
Frederick Douglass Academy for Young Men
2001 W Warren Ave
Distance between this listing and this school0.33 miles
Public District Grades 9-12
4
/10
University Preparatory Academy Psad High School
600 Antoinette St
Distance between this listing and this school0.75 miles
Public Charter Grades 9-12
2
/10
Legacy Academy
2750 Selden St
Distance between this listing and this school1.00 miles
The neighbors living near this home have an average income of $37,530. The most common annual income of people living in Detroit, MI is 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
Frequently Asked Questions About 5216 Avery St Unit 9
What is the listing price of this property?
The listing price of 5216 Avery St Unit 9 property is $398,500.
What type of property is this?
The property 5216 Avery St Unit 9 is a condo located in Detroit, Michigan, 48208.
Is this property for sale now?
Active Listing: 5216 Avery St Unit 9 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 5216 Avery St Unit 9 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5216 Avery St Unit 9 is 1,215 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5216 Avery St Unit 9 is 2023.
This home is located at 5216 Avery St Unit 9 in Detroit, MI and zip code 48208 in the Jeffries neighborhood. This 1,215 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $398,500.
Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 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.