new - 1 day on rocket

5524 E 7 Mile Rd, Detroit, MI, 48234

$169,900

Home List Price

$2,018*

Closing Credit

4 Bedrooms
2 Full Baths
1,800 SqFt
$94/SqFt
House

Location

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5524 E 7 Mile Rd, Detroit$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1947
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240082995
Lot Size0.09 Acres
StatusActive

About 5524 E 7 Mile Rd

Welcome to a beautiful 4-bedroom 2-bath brick home in Detroit! It is a remodeled colonial which gives of a charming and modern look! Step into a bright and welcoming kitchen with brand-new white cabinets, tile backsplash, granite countertops, and ceramic tile floors. New flooring flows through each room, complemented by updated lighting that brightens every corner. Flooring flowing into the new bathrooms featuring fresh toilets, new tubs, and beautiful vanities. Outside, a newly installed fence which is perfect for privacy, creating an ideal space for relaxation or outdoor activities. Updates also include: new roof, new sewer line, underground utilities, new furnace, new hot water tank, new plumbing and updated electrical. Move in and enjoy the feel of a fresh and timeless home! Don't miss out- schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1947
  • Stories: 2
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Nadiya Grymalyuk

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Interior: Security Alarm (owned)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Virtual/3D Tour

  • Virtual Tour: 5524 E 7 Mile Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of 7 Mile Rd and West of Mound Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900
  • Price Per SqFt: $94/SqFt

Tax Information:

  • Annual Amount: $1,052
  • 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

5524 E 7 Mile Rd vs Detroit

1 DAY ON ROCKET

-44 Days

$169,900

+$84.9K More

$94/SqFt

+$20 More

KEY TAKEAWAY

This property is $84.9K more than the Median Sold Price and $20/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: #20240082995

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Nadiya Grymalyuk

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: 11/5/2024, 5:20:53 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$1,052$5,780
2020$992$6,400
2018$992$15,700
2017$748$9,600

History based on county public records data.

Payment Calculator

$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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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-60822
2
/10

  • Mound Park Elementary School

  • 5356 Toepfer Rd

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-60823
5
/10

  • Lincoln Elementary School

  • 22100 Federal Ave

  • 2.23 miles

  • Public District Grades KG-5

school-card-donut-60824
3
/10

  • Bridge Academy - Elementary School

  • 9600 Buffalo St

  • 2.32 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 $28,594. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5524 E 7 Mile Rd

What is the listing price of this property?

The listing price of 5524 E 7 Mile Rd property is $169,900.

What type of property is this?

The property 5524 E 7 Mile Rd is a house located in Detroit, Michigan, 48234.

Is this property for sale now?

Active Listing: 5524 E 7 Mile Rd 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 $1,052 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5524 E 7 Mile Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5524 E 7 Mile Rd is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5524 E 7 Mile Rd is 1947.

Rocket Homes›Michigan›Wayne County›Detroit›48234›5524 E 7 Mile Rd

This home is located at 5524 E 7 Mile Rd in Detroit, MI and zip code 48234 in the Pershing neighborhood. This 1,800 square foot home, which was built in 1947, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $169,900.

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%. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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