NOT LISTED FOR SALE

Estimated Value: $68,000

0.11 Acre
$618,182 Price per Acre
4,792 Sq Ft Lot

Last Sold April 23, 2019

Last sale price $23,000

Est. 196% increase in value since last sale

Current estimated payment $441/month

71 Days on Market

About This Lot

As of April 2019

North Corktown land. Build a custom home or purchase this lot & 1548 Ash for 80' of frontage & develop a multi until project. The seller is the Detroit Land Bank Authority (DBLA). Offers must address all of the questions/requirements in the attached doc, buyers must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan with proof of funds or pre-approval letter on a construction loan.
Offers are due on Fri, Jan 4th
Note that the DBLA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will to waive its right to the tax capture for purchasers seeking such tax abatements for a payment of $5,000 in addition to the purchase price. The waiver may be granted at closing or any time thereafter upon payment by purchaser

Last Agent to Sell the Property

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221 Listed on: 11/12/2018

Last Buyer's Agent

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221 Listed on: 11/12/2018

Property Details

Property Type

  • Land

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x115.00

Utilities

  • Sewer in Street

Community Details

  • Mc Keowns Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I000845S

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 200.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 40
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Condo/Co-op/Association

  • Phone: bswanson525@yahoo.com

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 209090.9000
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X115.00
  • Parcel Number: W08I000845S
  • Zoning: Residential
  • Improvements: Curbs, Sidewalks
  • Survey: Yes

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2015
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Current Estimated Value
$68,000
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
Detroit Land Bank Authority -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $23,000 0.0% --
01/22/2019 01/22/19 Pending -- -- --
11/13/2018 11/13/18 Price Changed $23,000 +900.0% --
11/12/2018 11/12/18 For Sale $2,300 -- --
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
2023 -- $0 $0 $0
2022 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218109822

Realcomp

APN: 08-000845