5 months on rocket

877 Manistique St, Detroit, MI, 48215

$20,000

0.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20240043084
Lot Size0.08 Acres
StatusActive

About 877 Manistique St

Great property for infill building located in the Jefferson Chalmers NEZ site. Bundled with 871 and 883 Manistique. The 3 lots total= 10,355 sqft. Buyer must submit an app to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. This property is within walking distance to the Q-Line and New Center Area. Please note that the Detroit Land Bank Authority 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 abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information.

Property Details

Property Features

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III, Clarence R Wilson

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: TAKE JEFFERSON HEADED EAST PASS CONNER. MAKE RIGHT ONTO MANISTIQUE. LOTS LOCATED ON THE LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $20,000

Tax Information:

  • Annual Amount: $17
  • Tax Year: 2017
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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

877 Manistique St vs Detroit

176 DAYS ON ROCKET

+127 Days

$20,000

-$65K Less

KEY TAKEAWAY

This property is $65K 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: #20240043084

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III, Clarence R Wilson

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, 10:21:07 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 - -
2017$17$200

History based on county public records data.

Payment Calculator

$167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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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-4245097
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-4245098
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 2.86 miles

  • Public Charter Grades KG-5

school-card-donut-4245099
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 3.08 miles

  • Public District Grades PK-5

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. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 877 Manistique St

What is the listing price of this property?

The listing price of 877 Manistique St property is $20,000.

What type of property is this?

The property 877 Manistique St is land located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 877 Manistique 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 2017 is $17 (source: MLS/based on county public records data).

How much acreage is this property?

The property 877 Manistique St is 0.08 acres.
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Rocket HomesMichiganWayne CountyDetroit48215877 Manistique St

This home is located at 877 Manistique St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $20,000.

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 inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased 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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