6 months on rocket

8731 Chalfonte St, Detroit, MI, 48238

$24,900

Home List Price

$296*

Closing Credit

3 Bedrooms
1 Full Bath
1,089 SqFt
$23/SqFt
House

Location

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8731 Chalfonte St, Detroit$24,900

Buyer Closing Credits

$296*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1925
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240035840
Lot Size0.09 Acres
StatusActive

About 8731 Chalfonte St

Nestled in a serene neighborhood, this three-bedroom, one-bath bungalow presents a prime investment opportunity. Complete update and rehabilitation is needed to unlock its full potential. Sold as-is, this property offers a canvas for creative renovation and is a blank slate for personalized touches. Buyer agent to verify all measurements.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,089 SqFt

Listing Office:

  • Office Name: Front Page Properties
  • Office Phone: (313) 877-9020
  • Listing Agent: J'Donovan Smith

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Wyoming / Chalfonte

Price Information

Listing Price Info

Price Summary:

  • List Price: $24,900
  • Price Per SqFt: $23/SqFt

Tax Information:

  • Annual Amount: $476
  • 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

8731 Chalfonte St vs Detroit

182 DAYS ON ROCKET

+137 Days

$24,900

-$60.1K Less

$23/SqFt

-$51 Less

KEY TAKEAWAY

This property is $60.1K less than the Median Sold Price and $51/SqFt less 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: #20240035840

Listing Office:

  • Office Name: Front Page Properties
  • Office Phone: (313) 877-9020
  • Listing Agent: J'Donovan Smith

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: 11/22/2024, 11:20:53 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$476 -
2020$475 -
2018$475$5,500
2017$740$5,700

History based on county public records data.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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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-599816
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 1.38 miles

  • Public Charter Grades KG-5

school-card-donut-599817
1
/10

  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 1.72 miles

  • Public District Grades PK-5

school-card-donut-599818
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 1.74 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,182. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8731 Chalfonte St

What is the listing price of this property?

The listing price of 8731 Chalfonte St property is $24,900.

What type of property is this?

The property 8731 Chalfonte St is a house located in Detroit, Michigan, 48238.

Is this property for sale now?

Active Listing: 8731 Chalfonte 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 $476 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8731 Chalfonte St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8731 Chalfonte St is 1,089 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8731 Chalfonte St is 1925.

Rocket Homes›Michigan›Wayne County›Detroit›48238›8731 Chalfonte St

This home is located at 8731 Chalfonte St in Detroit, MI and zip code 48238 in the Harmony VIllage neighborhood. This 1,089 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $24,900.

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%. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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