6 months on rocket

7844 E Forest Ave, Detroit, MI, 48214

$45,000

0.26 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240042512
Lot Size0.26 Acres
StatusActive

About 7844 E Forest Ave

Development opportunity available in Gratiot-Grand. This 11,101-square-foot lot is located on the visible corner of E. Forest and Van Dyke with close proximity to Pingree Park, Indian Village, West Village and Gratiot Ave. Land is zoned B-2.

Property Details

Property Features

Listing Office:

  • Office Name: OConnor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Griffin C Krebsbach

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Other

Directions Information:

  • Directions: Warren, Seminole

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000

Tax Information:

  • Annual Amount: $446
  • 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

7844 E Forest Ave vs Detroit

184 DAYS ON ROCKET

+135 Days

$45,000

-$40K Less

KEY TAKEAWAY

This property is $40K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240042512

Listing Office:

  • Office Name: OConnor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Griffin C Krebsbach

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: 12/18/2024, 9:21:09 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$446$9,100
2020$816$9,100
2018$816$11,200
2017$1,064$10,700

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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-4481967
2
/10
  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 1.90 miles

  • Public Charter Grades 2-4

school-card-donut-4481968
3
/10
  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.97 miles

  • Public Charter Grades KG-5

school-card-donut-4481969
1
/10
  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 2.27 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,006. The most common annual income of people living in Detroit, MI is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7844 E Forest Ave

What is the listing price of this property?

The listing price of 7844 E Forest Ave property is $45,000.

What type of property is this?

The property 7844 E Forest Ave is land located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 7844 E Forest Ave 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 $446 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7844 E Forest Ave is 0.26 acres.
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Rocket HomesMichiganWayne CountyDetroit482147844 E Forest Ave

This home is located at 7844 E Forest Ave in Detroit, MI and zip code 48214 in the Lower East neighborhood. This home sits on a 0.26 acre lot. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $45,000.

In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked 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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