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6225 Oldtown St, Detroit, MI, 48224

$100,000

Home List Price

$1,188*

Closing Credit

3 Bedrooms
1 Full Bath
1,248 SqFt
$80/SqFt
House

Location

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6225 Oldtown St, Detroit$100,000

Buyer Closing Credits

$1,188*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1929
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240067352
Lot Size0.09 Acres
StatusActive

About 6225 Oldtown St

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. The property is currently occupied by a reliable tenant paying $1,150, ensuring immediate rental income for the buyer. Well-maintained and located in a growing area, this home is an excellent opportunity for both investors and buyers looking for a property with an established tenant. 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! Showings only with accepted offers, please do not disturb the tenant!

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
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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

6225 Oldtown St vs Detroit

51 DAYS ON ROCKET

+6 Days

$100,000

+$15K More

$80/SqFt

+$6 More

KEY TAKEAWAY

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

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: 11/5/2024, 5:20:52 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

Aug 12, 2021Home Sold
$46,000
Sep 30, 2013Home Sold
$39,700

Tax History

YEARPROP. TAXASSESSMENT
2021$2,173$18,300
2020$1,269$16,500
2018$1,269$11,900
2017$1,310$12,200

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-1919204
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.62 miles

  • Public Charter Grades KG-5

school-card-donut-1919205
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.18 miles

  • Public Magnet Grades 4-6

school-card-donut-1919206
4
/10

  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.71 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. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

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.

Rocket Homes›Michigan›Wayne County›Detroit›48224›6225 Oldtown St

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 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%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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