THREE HOMES/LOTS INCLUDED --- DUE TO THE CONDITION OF THE PROPERTIES, NO SHOWINGS BEFORE ACCEPTED OFFER. Rare opportunity to acquire threecontiguous homes in the limited City of Hamtramck. While these properties are in need of significant rehabilitation, their true value lies in their location and potential for future growth.Three homes, offered as a package, are situated in an area with increasing demand and limited availability, making this a unique investment opportunity ideal for investors seeking tocreate a lasting impact in an appreciating market. BATVIA
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1907
Stories: 2
Listing Office:
Office Name: GRI Homes for Today
Office Phone: (248) 234-6789
Listing Agent: Tjader Gerdom
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Parking Information:
Garage Space: 1 space
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: S on Lumpkin from Holbrook
Price Information
Listing Price Info
Price Summary:
List Price: $195,000
Tax Information:
Annual Amount: $610
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hamtramck, MI.
This property is $30K more than the Median Sold Price in Hamtramck, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Metropolitan Association of REALTORS
MLS Number: #81024061138
Listing Office:
Office Name: GRI Homes for Today
Office Phone: (248) 234-6789
Listing Agent: Tjader Gerdom
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,041
Per Month
Principal & Interest
$974
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$651
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Dickinson East Elementary School
3385 Norwalk St
Distance between this listing and this school0.74 miles
Public District Grades KG-6
2
/10
Dickinson West Elementary School
2333 Burger St
Distance between this listing and this school0.79 miles
Public District Grades KG-6
2
/10
Oakland International Academy Elementary School
4001 Miller St
Distance between this listing and this school1.00 miles
Public Charter Grades 2-4
Nearby Schools
3
/10
Holbrook Elementary School
2361 Alice St
Distance between this listing and this school0.34 miles
Public District Grades KG-8
4
/10
Hanley International Academy
2400 Denton St
Distance between this listing and this school0.42 miles
Public Charter Grades PK-8
2
/10
Tau Beta School
3056 Hanley St
Distance between this listing and this school0.50 miles
Public District Grades KG-8
Nearby Schools
5
/10
Oakland International Academy High School
2619 Florian St
Distance between this listing and this school0.30 miles
Public Charter Grades 9-12
2
/10
Horizon High School
3225 Caniff St
Distance between this listing and this school0.83 miles
Public District Grades 9-12
4
/10
Hamtramck High School
11410 Charest St
Distance between this listing and this school0.92 miles
The neighbors living near this home have an average income of $15,137. The majority of Hamtramck, MI residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8951 Lumpkin St
What is the listing price of this property?
The listing price of 8951 Lumpkin St property is $195,000.
What type of property is this?
The property 8951 Lumpkin St is a house located in Hamtramck, Michigan, 48212.
Is this property for sale now?
Active Listing: 8951 Lumpkin 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 $610 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 8951 Lumpkin St has 2 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 8951 Lumpkin St is 1907.
This home is located at 8951 Lumpkin St in Hamtramck, MI and zip code 48212. This home, which was built in 1907, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $195,000.
While more than 5 listings in Hamtramck, MI in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Hamtramck, MI increased by 7.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 9 days, the median list price was $165,000.
From Rocket Homes Real Estate and based on county public records data.