This charming traditional-style home is located on a quiet residential only a few blocks from East English Village neighborhood of Detroit. With approximately 1,200 square feet, it features 3 spacious bedrooms with built-in closets, 1 renovated bathroom, and a large kitchen with well-maintained wooden cabinets. The cozy living room, with a brick fireplace and large windows, offers abundant natural light. Additionally, the home includes a full basement and a comfortable backyard, perfect for outdoor activities. Well-maintained and located in a growing area, this home is an excellent opportunity for both investors and buyers looking for a property. It is close to parks, shops, schools, and has quick access to major transportation routes. Schedule a visit today and don’t miss this opportunity!
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1929
Stories: 2
Living Area: 1,248 SqFt
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Joaquin Oyuela Marcovich
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Harper ave to Oldtown ave
Price Information
Listing Price Info
Price Summary:
List Price: $100,000
Price Per SqFt: $80/SqFt
Tax Information:
Annual Amount: $2,173
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $15K more than the Median Sold Price and $6/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: #20240067352
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Joaquin Oyuela Marcovich
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$567
Per Month
Principal & Interest
$500
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$366
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Marvin L Winans Academy Elementary School
9740 McKinney St
Distance between this listing and this school0.64 miles
Public Charter Grades KG-5
1
/10
Carleton Elementary School
11724 Casino St
Distance between this listing and this school0.94 miles
Public District Grades PK-5
1
/10
Distinctive College Preparatory
19360 Harper Ave
Distance between this listing and this school0.99 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
Marvin L Winans Academy Middle School
9740 McKinney St
Distance between this listing and this school0.64 miles
Public Charter Grades 6-8
1
/10
Marquette Elementary-Middle School
6145 Canyon St
Distance between this listing and this school0.70 miles
Public District Grades PK-8
1
/10
Ronald Brown Academy
11530 E Outer Dr
Distance between this listing and this school1.02 miles
Public District Grades PK-8
Nearby Schools
1
/10
East English Village Preparatory Academy at Finney
5020 Cadieux Rd
Distance between this listing and this school0.65 miles
Public District Grades 9-12
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school1.35 miles
Public District Grades 9-12
1
/10
Diploma Success Community School
19872 Kelly Rd
Distance between this listing and this school1.88 miles
The neighbors living near this home have an average income of $40,813. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6225 Oldtown St
What is the listing price of this property?
The listing price of 6225 Oldtown St property is $100,000.
What type of property is this?
The property 6225 Oldtown St is a house located in Detroit, Michigan, 48224.
Is this property for sale now?
Active Listing: 6225 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 $2,173 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 12, 2021 for $46,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 6225 Oldtown St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 6225 Oldtown St is 1,248 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6225 Oldtown St is 1929.
This home is located at 6225 Oldtown St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,248 square foot home, which was built in 1929, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $100,000.
In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.