Sold
5298 MARSEILLES Street, Detroit, MI 48224
Sold on 11/02/2022 for$55,000
MLS # 20221038275 (Realcomp)
3 beds1 bath762 sqftBuilt 19390.1 acres
1 / 20
Listing Description
WE HAVE A TIE BREAKER. HIGHEST AND BEST TILL MONDAY @ NOON. TENANT OCCUPIED PROPERTY WITH A 2 YEAR LEASE. CASH ONLY SECTION 8 PAYS FULL $1100 PER MONTH AND TENANT PAYS ALL UTILITIES. BRAND NEW FURNACE, HOT WATER TANK AND NEW ELECTRICAL. TAXES REDUCED TO $715 PER YEAR. ALL SHOWINGS REQUIRE POF & FULL PRICE ACCEPTED OFFER. BATVAI
Source: SparkMLS
About this home
3-bedroom, 1-bath, 762 sq ft home in Detroit built in 1939.
Closed at $55,000 (about $72/sq ft).
Annual property taxes run approximately $1,463 ($122/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area762 sqft
Lot Size0.1 acres
Year Built1939
Stories1
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
Garage1 space
HeatingForced Air
WaterPublic
Sale & Financing
Listed9/4/2022
Sold Date11/1/2022
Original Price$55,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,785
Tax Year2025
State Equalized Value$22,800
Assessed Value$22,800
Parcel #21077587.
Source: Public Records
Legal Description
E MARSEILLES 2 RIVARD VILLAS SUB L60 P1 PLATS, W C R 21/945 40 X 103.44
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kristal L Covington
Assets Realty Group, LLC
Frequently Asked Questions about 5298 MARSEILLES Street, Detroit, MI 48224
What school district is 5298 MARSEILLES Street, Detroit, MI 48224 in?
Per MLS# 20221038275, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5298 MARSEILLES Street, Detroit, MI 48224?
Per MLS# 20221038275, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20221038275, the most recent reported annual property tax for 5298 MARSEILLES Street, Detroit, MI 48224 is $715. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5298 MARSEILLES Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Tax Estimate
$
Annual tax$1,463
Monthly$122
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$511
Principal & interest$389
Property taxes$122
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
5298 MARSEILLES Street, Detroit, MI 48224
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County
Wayne County
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