NOT LISTED FOR SALE

Estimated Value: $204,000 - $772,328

0.1 Acre
$5,822,594 Price per Acre
4,400 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $82,500

Est. 613% increase in value since last sale

Current estimated payment $3,319/month

6 Days on Market

About This Lot

As of November 2020

Oversized city lot in the heart of the growing 'north of detroit' district of Detroit Shoreway! 40 x 110! Fantastic opportunity to build a nice sized home with potential CITY AND LAKE VIEWS from your 3rd / 4th / rooftop levels! Seller had a home designed you can check out for inspiration. Create exactly what you want, have it built to qualify for the city of CLE's 15 year tax abatement! Great location just minutes from Edgewater Park, yacht clubs and all the exciting places to go on Detroit in the Gordon Square Arts District. Don't miss this one! A very RARE opportunity!

Last Agent to Sell the Property

Ted Theophylactos

Howard Hanna License #385222 Listed on: 08/27/2020

Howard Hanna

Co-Listed By

Greg Fusco

Howard Hanna License #2014002898

Last Buyer's Agent

Cathy LeSueur

Howard Hanna License #303280

Howard Hanna

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $555

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40x110
  • Property is Fully Fenced

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 002-08-076

Property Details

Property Type

Land

Est. Annual Taxes

$555

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Land
  • Access: City Street
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fences: Full
  • Frontage Feet: 40

Utilities

  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Dimensions: 40x110
  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1010
  • Parcel Number: 002-08-076

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 6, 2020
Sold by
Zitiello Peter L and Zitiello Rose A
Bought by
Roberts Christopher and Burgos Jarinett
Seller's Agent
Ted Theophylactos
Howard Hanna
Buyer's Agent
Cathy LeSueur
Howard Hanna
List Price
$89,900
Sold Price
$82,500
Premium/Discount to List
-$7,400
-8.23%
Current Estimated Value
$588,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,582
Avg. Annual Appreciation
48.94%
Original Mortgage
$66,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1989
Sold by
Rocco Salvatore and Rocco Raffaella
Bought by
Rocco Raffaella

Purchase Details

Closed on
Jun 17, 1985
Sold by
Rocco Salvatore and Rocco Raffaella
Bought by
Rocco Salvatore and Rocco Raffaella

Purchase Details

Closed on
Jan 1, 1975
Bought by
Rocco Salvatore and Rocco Raffaella
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roberts Christopher $82,500 Harvard Title
Rocco Raffaella -- --
Rocco Salvatore -- --
Rocco Salvatore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roberts Christopher $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $82,500 -8.2% --
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $89,900 -- --
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,521 $251,405 $37,695 $213,710
2023 $2,239 $28,880 $28,880 $0
2022 $2,226 $28,880 $28,880 $0
2021 $2,156 $28,880 $5,570 $23,310
2020 $387 $4,380 $4,380 $0
2019 $537 $12,500 $12,500 $0
2018 $318 $4,380 $4,380 $0
2017 $142 $3,360 $3,360 $0
2016 $572 $3,360 $3,360 $0
2015 $233 $3,360 $3,360 $0
2014 $233 $2,770 $2,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4218447

MLS Now

APN: 002-08-076