NOT LISTED FOR SALE

1429 17th St Detroit, MI 48216

Corktown Neighborhood

Estimated Value: $181,000 - $713,000

0.6 Acre
$902,558 Price per Acre
26,136 Sq Ft Lot

Last Sold February 22, 2023

Last sale price $450,000

Est. 20% increase in value since last sale

Current estimated payment $2,833/month

55 Days on Market

About This Lot

As of February 2023

Great development opportunity in the Hubbard Richard neighborhood of Detroit. Located in close proximity to Corktown, Ford's Michigan Central Station, and Hubbard Farms. This 26,270 +/- SF vacant land portfolio is zoned R2 allowing for single or multifamily development. Total Size .6 Acres, Number of Parcels 6, Opportunity Zone Yes, Zoning R2

Last Agent to Sell the Property

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 09/15/2021

Co-Listed By

Ryan Cooley

O'Connor Realty Detroit, LLC License #6501329357

Last Buyer's Agent

Al Baydoun

U.S. Investor Group License #6501424036

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 131x206
  • Property fronts a private road
  • Property is zoned Multi-Family

Community Details

  • Sub Of Pc 473 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W10I007115C6

Property Details

Property Type

Land

Est. Annual Taxes

$19

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 600.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Private

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • List Price per Acre: 875000.0000
  • Lot Size Area: 0.60
  • Lot Dimensions: 131X206
  • Parcel Number: W10I007115C6
  • Zoning: Multi-Family, Residential

Tax Info

  • Tax Amount Summer: 17.0000
  • Tax Amount Winter: 2.0000
  • Total Tax: 19.0000
  • Taxable Value: 212.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Feb 15, 2023
Sold by
Southwest Hsng Solution Corp
Bought by
Parkside At Corktown Llc
Seller's Agent
Vincent Mazzola
O'Connor Realty Detroit, LLC
Buyer's Agent
Al Baydoun
U.S. Investor Group
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Views
4
Current Estimated Value
$541,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,535
Avg. Annual Appreciation
6.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Parkside At Corktown Llc -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $450,000 -14.3% --
11/10/2021 11/10/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $525,000 -- --
Source: Realcomp

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
2025 $45 $3,900 $0 $0
2024 $18 $600 $0 $0
2023 $18 $600 $0 $0
2022 $19 $600 $0 $0
2021 $19 $600 $0 $0
2020 $19 $600 $0 $0
2019 $18 $600 $0 $0
2018 $16 $600 $0 $0
2017 $4 $600 $0 $0
2016 $18 $10,300 $0 $0
2015 $20 $200 $0 $0
2013 $42 $422 $0 $0
2010 -- $480 $364 $116
Source: Public Records

Agents Affiliated with this Home

  • Vincent Mazzola

    Seller's Agent in 2023

    Vincent Mazzola

    O'Connor Realty Detroit, LLC

    (313) 704-2678

    11 in this area

    96 Total Sales

    Vincent Mazzola
    Section Image
  • Ryan Cooley

    Seller Co-Listing Agent in 2023

    Ryan Cooley

    O'Connor Realty Detroit, LLC

    (313) 258-1046

    23 in this area

    112 Total Sales

    Ryan Cooley
    Section Image
  • Al Baydoun

    Buyer's Agent in 2023

    Al Baydoun

    U.S. Investor Group

    (313) 673-2655

    1 in this area

    158 Total Sales

    Al Baydoun
    Section Image
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Map

Source: Realcomp

MLS Number: 2210077460

Realcomp

APN: 10-0071156

Michigan Wayne County Detroit 48216 Corktown

1429 17th St, Detroit, MI

Not Listed for Sale

Lots

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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