2 months on rocket

5527 Nottingham Rd, Detroit, MI, 48224

$105,000

Home List Price

$1,247*

Closing Credit

2 Full Baths
2,016 SqFt
$52/SqFt
Multi

Location

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5527 Nottingham Rd, Detroit$105,000

Buyer Closing Credits

$1,247*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarage, OnStreet, Paved
Year Built1924
HeatingForced Air, Natural Gas
BasementYes
MLS #20240077341
Lot Size0.11 Acres
StatusActive

About 5527 Nottingham Rd

Instant equity opportunity! Live in one and rent the other, share expenses with family or friends, or use both units as income properties. All brick, great square footage on this two unit duplex with private entrances. Both units feature two bedrooms, a full bath, kitchen, dining, and family room. Some cosmetic updates have been completed including, bathrooms, kitchens, and some fresh paint. Both units feature new LVT and refinished natural hard wood flooring. Outdoor space is great with a spacious elevated front porch, and rear covered patio/deck for each unit. Convenient rear entry doors for each unit also. This one has the hard to find basement access from each unit with space for separate private laundry and a dedicated space w/new utility tub and water supply for each unit. The upper unit features access to the third level which serves well as storage or could be extra living space. The units are prepped with gas lines and duct work for separate furnaces and hot water tanks, although all mechanicals are missing and will need to be replaced. Brand new PEX plumbing throughout. Each unit is designed to have its own electrical service, one panel is brand new, it just needs all the breakers, and the other panel just needs to be installed. Separate gas and electric meters for each unit, allowing for per unit billing for those utilities. Water is combined for the two units. A little investment from the new buyer will make this one amazing investment! Home is sold as/is, buyer to assume responsibility for obtaining the Certificate of Occupancy. Ownership transfer will be conveyed via a Quit Claim Deed, or a Warranty Deed with Exceptions based on FOIA report results. Check it out today!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1924
  • Living Area: 2,016 SqFt

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Brandon Wroblewski

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, PrivateEntrance

Parking Information:

  • Attached Garage: No
  • Parking: Garage, OnStreet, Paved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Outer Dr to Nottingham. South on Nottingham. Home is on the right side of the street. No Sign in Yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,000
  • Price Per SqFt: $52/SqFt
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

5527 Nottingham Rd vs Detroit

70 DAYS ON ROCKET

+21 Days

$105,000

+$19.9K More

$52/SqFt

-$16 Less

KEY TAKEAWAY

This property is $19.9K more than the Median Sold Price and $16/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: #20240077341

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Brandon Wroblewski

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, 12:21:07 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 - $3,100

History based on county public records data.

Payment Calculator

$592

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$381

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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-970727
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.78 miles

  • Public Charter Grades KG-5

school-card-donut-970728
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-970729
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.53 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,000. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Michigan›Wayne County›Detroit›48224›5527 Nottingham Rd

This home is located at 5527 Nottingham Rd in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,016 square foot home, which was built in 1924, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $105,000.

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. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

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