3418-3426 JOHN R Street Detroit, MI ^$ 525,000

3418-3426 JOHN R Street

^$ 525,000

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3418-3426 JOHN R Street

Detroit, MI, 48201

^$ 525,000

Bedrooms9 Baths6.3 Sq 5,550

Monthly Estimate*

^$ 3,667

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Single Family Home for sale in Detroit, MI

for $525,000 with 9 bedrooms and 6 full baths, 3 half baths. This 5,550 square foot home was built in 1903 on a lot size of 0.1.

Amazing BRUSH PARK Residential Development Opportunity in the heart of Detroit. One of a kind opportunity to be neighbors with some of the most monumental redevelopments in Detroits resurgence, such as Little Caesars Arena, Wayne State University Mike Illitch School of Business, Detroit Medical Center, and many more. The Detroit Land Bank Authority is seeking a developer for a prime development site comprised of a vacant shell to be transformed into apartment or condo use under the current R5 Zoning - Minimum Density Residential District. The site contains 3 adjacent structures: 3418, 3422 and 3426 John R Street. Detailed proposals are not limited to site plans, Proof of Funds for both the acquisition and construction costs, as well as developer experience. The Development Proposal Guidelines and offer instructions are attached to listing. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer. All proposals are due November 14, 2021.

Single Family Pending

Price

^$ 525,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 9

Style

Townhouse

Lot Size

0.1

Year Built

1903

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

40246551

Features

General

Heating Forced Air

Kitchen Level Entry

Exterior Features Exterior Balcony

Water Public Water at Street

Status Pending Pending

Full Baths 6

Half Baths 3

Bathrooms 9

Year Built 1903

Subdivision ERSKINE TERRACE

Style Townhouse

County Wayne

Class RESIDENTIAL

Type Single Family

Percent Ownership Government Owned

Municipality Detroit

Structure Style 2 Story

Area Detroit (82001)

Directions Located at the NW corner of John R & Erskine.

City Detroit

School District Detroit City School District

Street Name JOHN R

Financial Terms Cash Conventional

Legal Description E JOHN R 3 ERSKINE TERRACE L73 P87 PLATS W C R 1/216 23.40 IRREG E JOHN R 2 ERSKINE TERRACE L73 P87 PLATS W C R 1/216 23.22 IRREG E JOHN R 1 ERSKINE TERRACE L73 P87 PLATS W C R 1/216 17.67 IRREG

DOM 120

Price Per Sq Ft 94.59

Coming Soon Amazing BRUSH PARK Residential Development Opportunity in the heart of Detroit. One of a kind opportunity to be neighbors with some of the most monumental redevelopments in Detroits resurgence

Interior

Basement Unfinished

Beds 9

Fireplace? No

Total Rooms 19

Exterior

Exterior Brick Stone

Frontage 64

Lot Size Area 0.1

Pool (Y/N) No

Lot Dimensions 64.00 X 73.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

James Bufalino

Listing Agent

Premier Property Services Llc

Broker

james@ppsam.com

Affordability Calculator

$3,668

Per Month

Monthly Principal & Interest: $3,667
Monthly Property Taxes: $1
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$115,379

Percent of Sale Price 78%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/16/2021	$525,000		Listed Price

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3418-3426 JOHN R Street, Detroit, MI, 48201 is a Single Family Home for sale at $525,000 with 5,550 sqft and a lot size of 0.1. 3418-3426 JOHN R Street has 9 bedrooms, 6.3 baths, and was built in 1903. The property's zip code is 48201 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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3418-3426 JOHN R Street

Single Family Home for sale in Detroit, MI

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