11 days on rocket

656 Philip St, Detroit, MI, 48215

$229,900

Home List Price

$2,730*

Closing Credit

2 Full Baths
2,572 SqFt
$89/SqFt
Multi

Location

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656 Philip St, Detroit$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOneCarGarage
Garage1 space
Year Built1923
HeatingForced Air, Natural Gas
BasementYes
MLS #20240090043
Lot Size0.10 Acres
StatusActive

About 656 Philip St

2 unit brick multi-unit with incredible updates and additional vacant lots! Updated kitchen cabinetry & plenty of counterspace. Each unit has ample storage, updated baths, fresh paint, hardwood flooring and In-unit washer/dryer. Wonderful rental property or house-hacking opportunity. Sale includes Multi-unit located at 656/658 Philip, as well as the two side lots 664 & 668 Philip!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1923
  • Living Area: 2,572 SqFt

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jolene L Jacobs

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: OneCarGarage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: East off Jefferson, South on Alter

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $291
  • 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

656 Philip St vs Detroit

11 DAYS ON ROCKET

-38 Days

$229,900

+$144.8K More

$89/SqFt

+$21 More

KEY TAKEAWAY

This property is $144.8K more than the Median Sold Price and $21/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: #20240090043

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jolene L Jacobs

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: 12/17/2024, 11:56:03 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$291$3,800
2020$340$4,400
2018$340 -

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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-4279120
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-4279121
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 3.03 miles

  • Public Charter Grades KG-5

school-card-donut-4279122
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 3.26 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 $29,400. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48215›656 Philip St

This home is located at 656 Philip St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 2,572 square foot home, which was built in 1923, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $229,900.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. The number of listings 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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