21 days on rocket

3008 Cortland St, Detroit, MI, 48206

$74,500

Home List Price

$885*

Closing Credit

2 Full Baths
2,700 SqFt
$28/SqFt
Multi
Schools Nearby

Location

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3008 Cortland St, Detroit$74,500

Buyer Closing Credits

$885*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240029173
Lot Size0.10 Acres
StatusActive

About 3008 Cortland St

Welcome to 3008 Cortland Street! This multi-family property presents an excellent investment opportunity for those with a vision. Situated in a convenient location, this spacious house offers endless possibilities. With a total of 5 bedrooms and 2 bathrooms, this vacant property boasts ample space for you to customize and transform it into the home or income-generating property of your dreams. The generous size of approximately 2700 square feet provides plenty of room for comfortable living and entertaining. While this property needs some work, it presents an exciting chance to put your personal touch on it. Whether you are looking to create a multifamily residence, a rental property, or even convert it into a single-family home, the potential is endless. Convenient parking is available with two dedicated spaces, ensuring that you and your guests will always have a place to park. Located in a desirable neighborhood, this property offers easy access to nearby amenities such as shopping centers, restaurants, parks, and schools. Commuting is also made simple with convenient transportation options close by. Don't miss out on this incredible opportunity to own a spacious property with endless potential. Embrace the challenge and turn this house into your dream investment. Schedule a viewing today and let your imagination run wild! Buyer to pay $395 processing fee to listing broker. As-is sale. Buyer responsible for city inspections and/or requirements, if any exist. Seller financing / Land contract terms available at $85,000.00 purchase price, $25,000.00 down payment, 8% interest, 120 Months Term. $728.00/month. Seller financing / Land contract terms are negotiable.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: Market Elite Inc
  • Office Phone: (586) 226-3200
  • Listing Agent: Derek C Lievens

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: South Of W Davison And West Of Linwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $74,500
  • Price Per SqFt: $28/SqFt

Tax Information:

  • Annual Amount: $1,448
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

3008 Cortland St vs Detroit

21 DAYS ON ROCKET

-24 Days

$74,500

-$6.5K Less

$28/SqFt

-$43 Less

KEY TAKEAWAY

This property is $6.5K less than the Median Sold Price and $43/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: #20240029173

Listing Office:

  • Office Name: Market Elite Inc
  • Office Phone: (586) 226-3200
  • Listing Agent: Derek C Lievens

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: 5/23/2024, 4:20:38 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$1,448$19,200
2020$1,352$17,800
2018$1,352$17,000
2017$1,348$17,400

History based on county public records data.

Payment Calculator

$439

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$290

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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-691993
2
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.54 miles

  • Public Charter Grades KG-5

school-card-donut-691994
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.85 miles

  • Public Charter Grades KG-5

school-card-donut-691995
2
/10
  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 2.88 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,989. Residents of Detroit, MI typically earn less than $35k each year. 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


Rocket Homes›Michigan›Wayne County›Detroit›48206›3008 Cortland St

This home is located at 3008 Cortland St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 2,700 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $74,500.

In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024 median list price was $81,036 and the average listing age was 45 days.

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

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