5 months on rocket

5378 Vancouver St, Detroit, MI, 48204

$158,990

Home List Price

$1,888*

Closing Credit

2 Full Baths
2,088 SqFt
$76/SqFt
Multi

Location

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5378 Vancouver St, Detroit$158,990

Buyer Closing Credits

$1,888*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1916
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240038443
Lot Size0.09 Acres
StatusActive

About 5378 Vancouver St

LOCATED 8 MINUTES FROM NEW CENTER YOU WILL FIND 5378 VANCOUVER STREET NESTLED ON A 4,110 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEW FURNACES. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. NO EXPENSE HAS BEEN SPARED. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS WITH MONTHLY DIVIDENDS OF $2428. THIS INVESTMENT PAYS A RETURN OF JUST UNDER 15%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1916
  • Stories: 2
  • Living Area: 2,088 SqFt

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Vancouver & Northfield

Price Information

Listing Price Info

Price Summary:

  • List Price: $158,990
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $499
  • 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

5378 Vancouver St vs Detroit

166 DAYS ON ROCKET

+121 Days

$158,990

+$73.9K More

$76/SqFt

+$2 More

KEY TAKEAWAY

This property is $73.9K more than the Median Sold Price and $2/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: #20240038443

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

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: 11/17/2024, 9:20:53 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$499$8,400
2020$897$7,400
2018$897$7,900
2017$895$8,000

History based on county public records data.

Payment Calculator

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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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-418972
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-418973
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-418974
1
/10

  • Cesar Chavez Academy Intermediate School

  • 4100 Martin St

  • 1.89 miles

  • Public Charter Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,923. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›5378 Vancouver St

This home is located at 5378 Vancouver St in Detroit, MI and zip code 48204 in the Tireman neighborhood. This 2,088 square foot home, which was built in 1916, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $158,990.

Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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