4 months on rocket

5798 Oldtown St, Detroit, MI, 48224

$89,900

Home List Price

$1,068*

Closing Credit

2 Bedrooms
1 Full Bath
805 SqFt
$112/SqFt
House

Location

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5798 Oldtown St, Detroit$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1941
HeatingNatural Gas, Forced Air
BasementYes
MLS #50145265
Lot Size0.08 Acres
StatusActive

About 5798 Oldtown St

The perfect home for you! This home is a newly remodeled ranch style home with 2beds 1bath. It features a cozy fireplace . it's the perfect combination of charm and convenience! Sasser playground is nearby as well as access to 94 freeway for a quick commute! *Furnance and Hot Water Tank to be installed before appraisal*

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1
  • Living Area: 805 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Sotero Lopez II

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

School District Information:

  • School District: Detroit City School District

Other

Directions Information:

  • Directions: North of Chandler Park Dr and East of Cadieux Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $112/SqFt

Tax Information:

  • Annual Amount: $1,571
  • 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

5798 Oldtown St vs Detroit

144 DAYS ON ROCKET

+99 Days

$89,900

+$4.9K More

$112/SqFt

+$38 More

KEY TAKEAWAY

This property is $4.9K more than the Median Sold Price and $38/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50145265

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Sotero Lopez II

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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, 8:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 2015Home Sold
$44,000
Aug 03, 2015Home Sold
$23,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,571$14,600
2020$1,023$13,100
2018$1,023$10,000
2017$1,019$10,200

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-2087128
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.73 miles

  • Public Charter Grades KG-5

school-card-donut-2087129
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.30 miles

  • Public Magnet Grades 4-6

school-card-donut-2087130
4
/10

  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.68 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 $40,813. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5798 Oldtown St

What is the listing price of this property?

The listing price of 5798 Oldtown St property is $89,900.

What type of property is this?

The property 5798 Oldtown St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5798 Oldtown St 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 $1,571 (source: MLS/based on county public records data).

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

The last sale was on September 4, 2015 for $44,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5798 Oldtown St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5798 Oldtown St is 805 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5798 Oldtown St is 1941.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5798 Oldtown St

This home is located at 5798 Oldtown St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 805 square foot home, which was built in 1941, sits on a 0.08 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $89,900.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while 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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