NOT LISTED FOR SALE

1500 Central Ave Detroit, MI 48209

Springwells Neighborhood

Estimated Value: $177,438

2.91 Acres
$60,975 Price per Acre
126,760 Sq Ft Lot

Last Sold September 21, 2021

Last sale price $400,000

Current estimated payment $1,122/month

7 Days on Market

About This Lot

As of September 2021

Great Location! 3 acres zoned M4 Industrial. Industrial lot located mins from the new Gordie Howe bridge to Canada. Ideal for trucking. Soil has been tested and blueprints are available for review.

Last Agent to Sell the Property

Fay Salmaci

ARG Realty License #6501348320 Listed on: 09/01/2021

Co-Listed By

Qassim Al-omairi

ARG Realty License #6501375961

Last Buyer's Agent

Qassim Al-omairi

ARG Realty License #6501375961

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2.91 Acre Lot
  • Lot Dimensions are 589.00x215.00
  • Property is zoned Heavy Industrial

Community Details

  • Ferndale Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I009635S

Property Details

Property Type

Land

Est. Annual Taxes

$3,643

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 101500.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 589
  • Road Frontage Type: Gravel

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 171477.6600
  • Lot Size Area: 2.91
  • Lot Dimensions: 589.00X215.00
  • Parcel Number: W18I009635S
  • Zoning: Heavy Industrial
  • Survey: Yes

Rental Info

  • Deposit Amount: 100000.00

Tax Info

  • Tax Amount Summer: 3253.0000
  • Tax Amount Winter: 390.0000
  • Total Tax: 3643.0000
  • Taxable Value: 41168.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
The Parker Place Holdings Llc
Bought by
Midwest Property Management Llc
Current Estimated Value
$177,438

Purchase Details

Closed on
Jun 17, 2013
Sold by
27 Orestiados Ltd
Bought by
Parker Place Holdings Llc

Purchase Details

Closed on
Nov 21, 2011
Sold by
Hermes Automotive Manufacturing Corporat
Bought by
27 Orestiados Ltd
Source: Public Records

Range of Values:

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
Midwest Property Management Llc $115,000 M S Title Agency Llc
27 Orestiados Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Place Holdings Llc $461,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $400,000 -19.8% --
09/09/2021 09/09/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $499,000 -- --
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 $6,586 $133,200 $0 $0
2024 $6,586 $107,800 $0 $0
2023 $6,410 $85,600 $0 $0
2022 $6,957 $79,300 $0 $0
2021 $3,644 $79,300 $0 $0
2020 $3,643 $101,500 $0 $0
2019 $3,575 $101,500 $0 $0
2018 $3,038 $101,500 $0 $0
2017 $733 $40,400 $0 $0
2016 $3,408 $38,300 $0 $0
2015 $3,830 $38,300 $0 $0
2013 $3,833 $38,326 $0 $0
2010 -- $38,326 $28,543 $9,783
Source: Public Records

Agents Affiliated with this Home

  • Fay Salmaci

    Seller's Agent in 2021

    Fay Salmaci

    ARG Realty

    (313) 999-3889

    1 in this area

    50 Total Sales

    Fay Salmaci
    Section Image
  • Qassim Al-omairi

    Seller Co-Listing Agent in 2021

    Qassim Al-omairi

    ARG Realty

    (313) 903-0341

    1 in this area

    134 Total Sales

    Qassim Al-omairi
    Section Image
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Map

Source: Realcomp

MLS Number: 2210072305

Realcomp

APN: 18-009635

Michigan Wayne County Detroit 48209 Springwells

1500 Central Ave, Detroit, MI

This home is located at 1500 Central Ave, Detroit, MI 48209 since 01 September 2021 and is currently estimated at $177,438. 1500 Central Ave is a home located in Wayne County with nearby schools including Harms Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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