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Sold for $90,000
  • $90,000

    515 Mount Vernon St, Detroit, MI 48202

    4beds
    1,468sqft
    Single Family Residence
    Built in 1910
    3,484.8 Square Feet Lot
    $108,100 Zestimate®
    $61/sqft
    $1,784 Estimated rent

    Home value

    $108,100

    $75,000 - $150,000

    $1,784/mo

    Zestimate® history
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    Owner options

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    $1,784/mo

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    $1,784/mo

    Rent Zestimate®

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    $518/mo

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    $518/mo

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    What's special

    Discover a fantastic investment opportunity with this spacious 4-bedroom home, perfect for those looking to rent or flip. This home could use some cosmetic TLC, but the property is in overall good condition. Currently tenant-occupied, it presents an immediate rental income opportunity, making it a smart choice for investors. Don’t miss your chance to transform this large home into your dream property or a profitable addition to your portfolio! This home is in process of a quiet title.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keelie Thomas 810-333-2732,

    Elite Real Estate Professionals, Inc.

    Bought with:

    , 6501389390

    Nika & Co

    Source: MiRealSource,MLS#: 50157304MLS LogoOriginating MLS: East Central Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Bedroom 1
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 2
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 3
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 4
    • Area: 144
    • Dimensions: 12 x 12
    Bathroom 1
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Features
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,188
    • Total interior livable area: 1,468 sqft
    • Finished area above ground: 1,468
    • Finished area below ground: 0

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Frontage type: Road
    • Frontage length: 50
    Lot
    • Size: 3,484 sqft
    • Dimensions: 3485
    Details
    • Parcel number: 03002086
    • Special conditions: Private

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Basement
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sanitary
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: N/A

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    5/6/2025Sold$90,000$61/sqft
    Source: MiRealSource #50157304 Report a problem
    10/28/2024Pending sale$90,000$61/sqft
    Source: MiRealSource #50157304 Report a problem
    10/4/2024Listed for sale$90,000+55.2%$61/sqft
    Source: MiRealSource #50157304 Report a problem
    12/12/2023Listing removed--
    Source: Realcomp II #5050081736 Report a problem
    7/12/2022Pending sale$58,000$40/sqft
    Source: MiRealSource #50081736 Report a problem
    7/7/2022Listed for sale$58,000$40/sqft
    Source: MiRealSource #50081736 Report a problem
    10/29/2015Listing removed$700
    Source: Alltimate Property Management Report a problem
    9/30/2015Listed for rent$700+11.1%
    Source: ALLtimate Property Management Report a problem
    5/8/2014Listing removed$630
    Source: Alltimate Property Management Report a problem
    12/19/2013Price change$630-10%
    Source: ALLtimate Property Management Report a problem
    11/11/2013Listed for rent$700
    Source: ALLtimate Property Management Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $38,600 +38.8%
    2024-- $27,800 +58.9%
    2023-- $17,500 +42.3%
    2022-- $12,300 +6%
    2021-- $11,600
    2020$1,388 +53.2%$11,600 +34.9%
    2019$906 $8,600 +11.7%
    2018$906 $7,700 +1.3%
    2017-- $7,600 -52.5%
    2016$846 $16,000 +75.8%
    2015$846 +3.1%$9,100 -15.9%
    2013$821 -3%$10,816 -24.6%
    2010$846 $14,342 -12%
    2009-- $16,298 -13.5%
    2008-- $18,842
    2007-- $18,842 +5.5%
    2005$82 $17,860 +3%
    2004-- $17,340 +182.4%
    2001$511 $6,140

    Find assessor info on the county website

    Neighborhood: North End

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Detroit City School District

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $108,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $108,100