1 year on rocket

8881 Rutherford St, Detroit, MI, 48228

$35,000

Home List Price

$416*

Closing Credit

2 Bedrooms
1 Full Bath
840 SqFt
$42/SqFt
House

Location

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8881 Rutherford St, Detroit$35,000

Buyer Closing Credits

$416*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1949
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230063284
Lot Size0.06 Acres
StatusActive

About 8881 Rutherford St

Calling all investors!!!!! great townhouse style unit ready to be renovated and leased out. Property being sold with 2 others nearby. Can be sold as a package or individual.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1949
  • Stories: 2
  • Living Area: 840 SqFt

Listing Office:

  • Office Name: Jim Saros Real Estate Services
  • Office Phone: (313) 886-9030
  • Listing Agent: Spencer Ray

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Turn right onto Rutherford from Ellis.

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,000
  • Price Per SqFt: $42/SqFt

Tax Information:

  • Annual Amount: $1,075
  • 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

8881 Rutherford St vs Detroit

481 DAYS ON ROCKET

+436 Days

$35,000

-$50K Less

$42/SqFt

-$32 Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $32/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: #20230063284

Listing Office:

  • Office Name: Jim Saros Real Estate Services
  • Office Phone: (313) 886-9030
  • Listing Agent: Spencer Ray

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$1,075$9,300
2020$703$9,700
2018$703$7,900
2017$700$7,000

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-1080771
5
/10

  • Oakman Elementary School

  • 7545 Chase Rd

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-1080772
3
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-1080773
2
/10

  • Gardner Elementary School

  • 6528 Mansfield St

  • 1.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,714. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8881 Rutherford St

What is the listing price of this property?

The listing price of 8881 Rutherford St property is $35,000.

What type of property is this?

The property 8881 Rutherford St is a house located in Detroit, Michigan, 48228.

Is this property for sale now?

Active Listing: 8881 Rutherford 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 $1,075 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8881 Rutherford St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8881 Rutherford St is 840 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8881 Rutherford St is 1949.

Rocket Homes›Michigan›Wayne County›Detroit›48228›8881 Rutherford St

This home is located at 8881 Rutherford St in Detroit, MI and zip code 48228 in the Grandale / Brooks neighborhood. This 840 square foot home, which was built in 1949, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 31, 2023 and is currently priced at $35,000.

Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. 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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