1588 Elm St Detroit, MI 48216
North Corktown NeighborhoodEstimated payment $133/month
About This Lot
Vacant Lot - New Build Opportunity. Purchaser must submit a development plan that includes scope of development (number of units and total square footage), development cost estimates, proof of funds, and architectural drawings or precedent architecture images. Incomplete proposals will not be considered. Please note that the Detroit Land Bank Authority 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 review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Contact agent for additional details.
Listing Agent
Premier Property Services LLC License #6501313711 Listed on: 04/15/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $30
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 100.00 x 31.00
Utilities
- Sewer in Street
Community Details
- Plat Of Pc 27 Lognon Farm Subdivision
Listing and Financial Details
- Assessor Parcel Number W08I006474S
Map
Home Values in the Area
Average Home Value in this Area
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 | $30 | $1,400 | $0 | $0 |
| 2024 | $30 | $400 | $0 | $0 |
| 2023 | $48 | $700 | $0 | $0 |
| 2022 | $52 | $600 | $0 | $0 |
| 2021 | $94 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $400 | $0 | $0 |
| 2017 | $7 | $400 | $0 | $0 |
| 2016 | $348 | $1,200 | $0 | $0 |
| 2015 | $390 | $3,900 | $0 | $0 |
| 2013 | $408 | $4,084 | $0 | $0 |
| 2010 | -- | $5,416 | $465 | $4,951 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2019 07/25/19 | Pending | -- | -- | -- |
| 04/15/2019 04/15/19 | For Sale | $24,800 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $24,800 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $2,500 | None Available | |
| Warranty Deed | $75,000 | Commonwealth Land Title |
Source: Realcomp
MLS Number: 219033821
APN: 08-006474
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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