3 months on rocket

5902 Wayburn St, Detroit, MI, 48224

$49,999

Home List Price

$594*

Closing Credit

2 Full Baths
1,368 SqFt
$37/SqFt
Multi

Location

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5902 Wayburn St, Detroit$49,999

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1926
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240059678
Lot Size0.14 Acres
StatusActive

About 5902 Wayburn St

This is an amazing income producing property is located in a great area near the new Fiat Plant, Chandler Park and the aquatic center. I 94 is a stone throw away with easy access for commuting. Buyer to pay 495 transaction fee at closing to the listing broker. Respect the tenants rights Buyer/Agent shall verify all information. Accepted offer and proof of funds first.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Stories: 2
  • Living Area: 1,368 SqFt

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Alicia D Bostick

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: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: I 94 to Linville

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,999
  • Price Per SqFt: $37/SqFt

Tax Information:

  • Annual Amount: $1,088
  • 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

5902 Wayburn St vs Detroit

102 DAYS ON ROCKET

+57 Days

$49,999

-$35K Less

$37/SqFt

-$37 Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $37/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: #20240059678

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Alicia D Bostick

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: 11/24/2024, 1:20:51 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$1,088$13,900
2020$1,134$12,800
2018$1,134$9,700
2017$1,130$9,000

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-1037394
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-1037395
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-1037396
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.74 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 $19,038. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family 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›5902 Wayburn St

This home is located at 5902 Wayburn St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,368 square foot home, which was built in 1926, sits on a 0.14 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $49,999.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. 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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