$5,818 Closing Credit¹
#50162104, Sotero Lopez II, Listing Office: EXP Realty LLC
$4,619
closing credit¹
503 Mount Vernon St Detroit, MI 48202
$389,000 List price
$4,619
Closing credit¹
4 beds
2 full, 2 partial
1,955 sqft
0.04 acres
$199 / sqft
House
Property details
About 503 Mount Vernon St
Mount Vernon had been slated to be demolished by the City of Detroit. Thank goodness it was not. This home was purchased and renovated! Originally built in 1910, the current owners began a journey of restoring the home in 2023 and completion in 2024. The homes sits on 2 lots (503 and 509 Mount Vernon) and features 4 bedrooms, 2 full and 2 half baths. The first floor boasts a bright and open floor plan. Kitchen features quartz countertops and stainless steel appliances. Second floor has 3 bedrooms to included the primary bedroom ensuite and a full bathroom with soaking tub and separate shower. Access to the 3rd floor was re-designed to allow for a 4th bedroom or flex space. All new windows, forced-air mechanicals and air conditioning. The bricks on the exterior of the home have been restored. Exterior features include new cement, free-standing deck and custom designed privacy fence creating a magnificent outdoor oasis. Located in the heart of North End and within minutes of the vibrant Milwaukee Junction, New Center, Henry Ford Health Campus, Midtown, etc.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
CoolingCeiling Fan(s), Central Air
Size1,955 sqft
BasementYes
Lot size0.04 Acres
Year built1910
ParkingNo Garage
MLS #20240086503
FireplaceLiving Room
Summary
- MLS Number: 20240086503
- MLS Name: Realcomp II Ltd
- Office Name: Robinson Realty & Management Group Inc
- Office Phone: (248) 593-9494
- Listing Agent: Gaye A Butler
Disclaimer: 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 © 2025 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: 1/30/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$389,000
503 Mount Vernon St
$4,619
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 03, 2023 | Home Sold | $63,501 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $48,600 | $727 |
| 2023 | $34,900 | $727 |
| 2022 | $22,000 | $1,058 |
| 2021 | $15,400 | $1,058 |
| 2020 | $14,500 | $693 |
| 2018 | $10,100 | $693 |
| 2017 | $10,000 | $692 |
History based on county public records data.
Nearby schools
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
0.9 mi
•435 Amsterdam St
1
University Preparatory Academy (PSAD) Elementary School
Public Charter KG-5
1.2 mi
•957 Holden St
2
University Preparatory Art Design Elementary School
Public Charter KG-5
1.3 mi
•10225 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,271. Residents of Detroit, MI typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
35%
35k-100k
14%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
64%
Single, No Kids
24%
Single, with Kids
5%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 503 Mount Vernon St
This home is located at 503 Mount Vernon St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 1,955 square foot home, which was built in 1910, sits on a 0.04 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $389,000.
While more than 91 listings in Detroit, MI in December 2024 were sold above asking price, there were more than 68 listings sold at asking price, and more than 231 were sold below. The inventory of homes for sale in Detroit, MI between November and December 2024 increased by 0.2%. The median list price of listings available in December 2024 was $85,917, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.