11 days on rocket

5950 Seminole St, Detroit, MI, 48213

$129,990

Home List Price

$1,544*

Closing Credit

4 Bedrooms
1 Full Bath
1,424 SqFt
$91/SqFt
House

Location

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5950 Seminole St, Detroit$129,990

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1910
HeatingHot Water, Natural Gas
BasementYes
MLS #20240089318
Lot Size0.08 Acres
StatusActive

About 5950 Seminole St

LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5950 SEMINOLE NESTLED ON A 3,310 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED BED ROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,565 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANT PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1910
  • Living Area: 1,424 SqFt

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Other

Directions Information:

  • Directions: Lambert & Seminole

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,990
  • Price Per SqFt: $91/SqFt

Tax Information:

  • Annual Amount: $506
  • 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

5950 Seminole St vs Detroit

11 DAYS ON ROCKET

-38 Days

$129,990

+$44.9K More

$91/SqFt

+$23 More

KEY TAKEAWAY

This property is $44.9K more than the Median Sold Price and $23/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: #20240089318

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

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, 10:21:07 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$506$9,500
2020$489$9,900
2018$489$6,900
2017$488$7,700

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-1864067
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 1.37 miles

  • Public Charter Grades 2-4

school-card-donut-1864068
3
/10

  • Bridge Academy East

  • 9600 Buffalo St

  • 1.88 miles

  • Public Charter Grades PK-5

school-card-donut-1864069
3
/10

  • Dickinson East Elementary School

  • 3385 Norwalk St

  • 2.09 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,704. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5950 Seminole St

What is the listing price of this property?

The listing price of 5950 Seminole St property is $129,990.

What type of property is this?

The property 5950 Seminole St is a house located in Detroit, Michigan, 48213.

Is this property for sale now?

Active Listing: 5950 Seminole 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 $506 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5950 Seminole St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5950 Seminole St is 1,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5950 Seminole St is 1910.

Rocket Homes›Michigan›Wayne County›Detroit›48213›5950 Seminole St

This home is located at 5950 Seminole St in Detroit, MI and zip code 48213 in the Lower East neighborhood. This 1,424 square foot home, which was built in 1910, sits on a 0.08 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $129,990.

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. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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