24 days on rocket

5307 Buckingham Ave, Detroit, MI, 48224

$49,900

Home List Price

$593*

Closing Credit

3 Bedrooms
1 Full Bath
1,070 SqFt
$47/SqFt
House

Location

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5307 Buckingham Ave, Detroit$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1937
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240081215
Lot Size0.11 Acres
StatusActive

About 5307 Buckingham Ave

Discover a potential investment opportunity in Detroit’s Morningside Neighborhood! Home needs a full rehab and has FOUNDATION issues throughout the basement.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1937
  • Stories: 1
  • Living Area: 1,070 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty-GPF
  • Office Phone: (313) 886-4200
  • Listing Agent: Andre Hardy

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: W ON E WARREN AND NORTH ON BUCKINGHAM

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $47/SqFt

Tax Information:

  • Annual Amount: $2,203
  • 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

5307 Buckingham Ave vs Detroit

24 DAYS ON ROCKET

-21 Days

$49,900

-$35.1K Less

$47/SqFt

-$27 Less

KEY TAKEAWAY

This property is $35.1K less than the Median Sold Price and $27/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: #20240081215

Listing Office:

  • Office Name: Coldwell Banker Realty-GPF
  • Office Phone: (313) 886-4200
  • Listing Agent: Andre Hardy

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

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,203$15,500
2020$1,073$14,400
2018$1,073$11,500
2017$1,170$10,600

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-457185
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.68 miles

  • Public Charter Grades KG-5

school-card-donut-457186
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-457187
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.50 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. The majority of Detroit, MI residents have income less than $35k 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 5307 Buckingham Ave

What is the listing price of this property?

The listing price of 5307 Buckingham Ave property is $49,900.

What type of property is this?

The property 5307 Buckingham Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5307 Buckingham Ave 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 $2,203 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5307 Buckingham Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5307 Buckingham Ave is 1,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5307 Buckingham Ave is 1937.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5307 Buckingham Ave

This home is located at 5307 Buckingham Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,070 square foot home, which was built in 1937, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $49,900.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. 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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