8 months on rocket

677 Selden St, Detroit, MI, 48201

$8,600,000

21 Full Baths
30,000 SqFt
$287/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Lighted, ParkingLot
Year Built1919
HeatingNatural Gas, Radiant
BasementYes
MLS #20230055324
Lot Size0.28 Acres
StatusActive

About 677 Selden St

The Commodore is a remarkable historic building positioned in the heart of the prestigious Willis-Selden Historic District, Midtown. With its distinct architecture and exquisite features, this iconic structure presents numerous possibilities for development, such as transforming it into first-class condominiums or luxurious high-end apartments. Step inside to discover the grandeur of high ceilings and original wood flooring that exude a sense of timeless elegance. Secure a coveted piece of history and indulge in the boundless prospects offered by The Commodore. Private parking is rare in Midtown and surrounding areas, but not for The Commodore! The sale includes a private 8,000 SF Parking Lot with 20 spaces. Survey and Floor plans are available. Please do not approach building or tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: CommonEntryBuilding
  • Year Built: 1919
  • Living Area: 30,000 SqFt

Listing Office:

  • Office Name: Virtual Real Estate Services LLC
  • Office Phone: (248) 518-0002
  • Listing Agent: Colette Hughes

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 21

Exterior Features

Exterior Information:

  • Exterior: Lighting

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Lighted, ParkingLot

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant

Other

Directions Information:

  • Directions: 3rd & Selden

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,600,000
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $21,366
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

677 Selden St vs Detroit

269 DAYS ON ROCKET

+220 Days

$8,600,000

+$8.5M More

$287/SqFt

+$219 More

KEY TAKEAWAY

This property is $8.5M more than the Median Sold Price and $219/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: #20230055324

Listing Office:

  • Office Name: Virtual Real Estate Services LLC
  • Office Phone: (248) 518-0002
  • Listing Agent: Colette Hughes

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: 12/22/2024, 10:21:07 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$21,366$1,039,500
2020$13,836$951,900
2018$13,836$380,200
2017$13,749$327,800

History based on county public records data.

Payment Calculator

$42.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.8K

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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-949937
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.19 miles

  • Public Charter Grades KG-5

school-card-donut-949938
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.34 miles

  • Public Charter Grades KG-5

school-card-donut-949939
8
/10
  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.73 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,833. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›Michigan›Wayne County›Detroit›48201›677 Selden St

This home is located at 677 Selden St in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 30,000 square foot home, which was built in 1919, sits on a 0.28 acre lot. Features: 21 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $8,600,000.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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