7 months on rocket

8421 Mount Elliott St, Detroit, MI, 48211

$35,000

0.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240024985
Lot Size0.10 Acres
StatusActive

About 8421 Mount Elliott St

Great infill opportunity in Detroit's bustling North End neighborhood. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Property Details

Property Features

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: Miller & Mt. Elliott

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,000
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

8421 Mount Elliott St vs Detroit

220 DAYS ON ROCKET

+175 Days

$35,000

-$50K Less

KEY TAKEAWAY

This property is $50K 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: #20240024985

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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: 11/24/2024, 4:20:51 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 - -

History based on county public records data.

Payment Calculator

$242

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$171

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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-1069813
2
/10
  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 0.19 miles

  • Public Charter Grades 2-4

school-card-donut-1069814
3
/10
  • Bridge Academy East

  • 9600 Buffalo St

  • 0.80 miles

  • Public Charter Grades PK-5

school-card-donut-1069815
3
/10
  • Dickinson East Elementary School

  • 3385 Norwalk St

  • 0.93 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,889. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8421 Mount Elliott St

What is the listing price of this property?

The listing price of 8421 Mount Elliott St property is $35,000.

What type of property is this?

The property 8421 Mount Elliott St is land located in Detroit, Michigan, 48211.

Is this property for sale now?

Active Listing: 8421 Mount Elliott St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 8421 Mount Elliott St is 0.10 acres.
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Rocket HomesMichiganWayne CountyDetroit482118421 Mount Elliott St

This home is located at 8421 Mount Elliott St in Detroit, MI and zip code 48211 in the North East neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $35,000.

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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. 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.

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