15 days on rocket

Sale Pending

5577 Chalmers St, Detroit, MI, 48213

$40,000

Home List Price

$475*

Closing Credit

2 Full Baths
1,750 SqFt
$23/SqFt
Multi
Schools Nearby

Location

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5577 Chalmers St, Detroit$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1926
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240030918
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 5577 Chalmers St

Welcome to 5577 Chalmers. This home boasts with charm and potential. The lower unit still has the walls up and the upper unit has been completely gutted to let your imagination come to life. A new roof was recently added and the basement is dry with 2 washer/dryer hookups and private storage. Each unit has 2 bedrooms, 1 full bath, a living room, dining room, kitchen and private access to the basement.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1926
  • Stories: 2
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: Real Estate Bureau, inc
  • Office Phone: (248) 973-7233
  • Listing Agent: Amani Anderson

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: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Heading E on Outer Drive, right on Chalmers. 4th home on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
  • Price Per SqFt: $23/SqFt

Tax Information:

  • Annual Amount: $1,241
  • 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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

5577 Chalmers St vs Detroit

15 DAYS ON ROCKET

-30 Days

$40,000

-$41K Less

$23/SqFt

-$48 Less

KEY TAKEAWAY

This property is $41K less than the Median Sold Price and $48/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: #20240030918

Listing Office:

  • Office Name: Real Estate Bureau, inc
  • Office Phone: (248) 973-7233
  • Listing Agent: Amani Anderson

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, 5:20:37 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$1,241$7,200
2020$910$7,700
2018$910$6,600
2017$919$6,600

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-704510
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.22 miles

  • Public Charter Grades KG-5

school-card-donut-704511
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-704512
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 2.93 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,302. The majority of Detroit, MI residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›5577 Chalmers St

This home is located at 5577 Chalmers St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 1,750 square foot home, which was built in 1926, sits on a 0.14 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $40,000.

Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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