9 days on rocket

5220 University Pl, Detroit, MI, 48224

$68,500

Home List Price

$813*

Closing Credit

2 Bedrooms
1 Full Bath
1,001 SqFt
$68/SqFt
House

Location

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5220 University Pl, Detroit$68,500

Buyer Closing Credits

$813*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, GarageFacesFront
Garage1 space
Year Built1925
HeatingForced Air, Natural Gas
BasementYes
MLS #81024062816
Lot Size0.15 Acres
StatusActive

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,001 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Nancy Brooks

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached, GarageFacesFront

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: 94E to Cadieux, right on Cadieux, Left on Chalmers, right to University Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $68,500
  • Price Per SqFt: $68/SqFt

Tax Information:

  • Annual Amount: $436
  • 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

5220 University Pl vs Detroit

9 DAYS ON ROCKET

-40 Days

$68,500

-$16.5K Less

$68/SqFt

-$0 Less

KEY TAKEAWAY

This property is $16.5K less than the Median Sold Price and $0/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024062816

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Nancy Brooks

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: 12/22/2024, 2:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2020Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$436$13,500
2020$774$12,200
2018$774$8,800
2017$771$9,000

History based on county public records data.

Payment Calculator

$409

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$272

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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-854015
1
/10

  • Distinctive College Preparatory

  • 19360 Harper Ave

  • 1.18 miles

  • Public Charter Grades KG-6

school-card-donut-854016
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.26 miles

  • Public Charter Grades KG-5

school-card-donut-854017
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.28 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,125. Typical income of Detroit, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5220 University Pl

What is the listing price of this property?

The listing price of 5220 University Pl property is $68,500.

What type of property is this?

The property 5220 University Pl is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5220 University Pl 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 $436 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2020 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5220 University Pl has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5220 University Pl is 1,001 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5220 University Pl is 1925.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5220 University Pl

This home is located at 5220 University Pl in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,001 square foot home, which was built in 1925, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $68,500.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while 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, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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