19 days on rocket

5581 Kensington Ave, Detroit, MI, 48224

$174,000

Home List Price

$2,066*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,506 SqFt
$116/SqFt
House

Location

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5581 Kensington Ave, Detroit$174,000

Buyer Closing Credits

$2,066*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached
Garage2 spaces
Year Built1929
HeatingForced Air, Natural Gas
BasementYes
FireplaceLivingRoom
MLS #20240086083
Lot Size0.13 Acres
StatusActive

About 5581 Kensington Ave

Welcome! Updated Brick Colonial on a charming tree lined street nestled in beautiful East English Village. Just a stones throw away from Grosse Pointe park and a short drive to Downtown Detroit. Where classic old meets new! Freshly painted throughout, original hardwood floors in Great shape! New Kitchen, formal Dinning room just in time for the holidays! Large Yard with 2 car detached garage. With all the new developments happening in the city, come be a part of love that is Detroit. Great street, friendly neighbors. Come take a peek for yourself and set up a showing today! Do Not walk property without an Realtor. Home is monitored & security! *Additional photos coming soon*

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1929
  • Living Area: 1,506 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Kristina Soper

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Cooktop
  • Basement: Yes
  • Fireplace: LivingRoom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: E of Chandler Park S of Moross Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $2,243
  • 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

5581 Kensington Ave vs Detroit

19 DAYS ON ROCKET

-30 Days

$174,000

+$88.9K More

$116/SqFt

+$48 More

KEY TAKEAWAY

This property is $88.9K more than the Median Sold Price and $48/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: #20240086083

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Kristina Soper

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: 12/11/2024, 4:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 21, 2017Home Sold
$40,000
Nov 05, 2008Home Sold
$13,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,243$22,600
2020$1,459$21,700
2018$1,459$14,100
2017$1,345$12,600

History based on county public records data.

Payment Calculator

$936

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$588

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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-1715010
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-1715011
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-1715012
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.37 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,240. Most Detroit, MI residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5581 Kensington Ave

What is the listing price of this property?

The listing price of 5581 Kensington Ave property is $174,000.

What type of property is this?

The property 5581 Kensington Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5581 Kensington 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 $2,243 (source: MLS/based on county public records data).

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

The last sale was on April 21, 2017 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5581 Kensington Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5581 Kensington Ave is 1,506 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5581 Kensington Ave is 1929.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5581 Kensington Ave

This home is located at 5581 Kensington Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,506 square foot home, which was built in 1929, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $174,000.

In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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