Seller's Agent in 2024
Tracy Petersen
VM Real Estate Group
(248) 470-0216
2 in this area
57 Total Sales
Estimated Value: $220,438
This rare investment opportunity offers an spacious 1928-built corner property in the highly sought-after Virginia Park neighborhood. With 5,628 square feet of space, the property is fully gutted, vacant, and ready for a full rehab—offering potential for a full transformation. Sitting on an 8,276 square foot lot and zoned R2, this property provides flexibility for residential projects. Whether you’re envisioning a multi-family development, mixed-use space, or highly sought-after residential housing, this is the perfect opportunity for your vision Strategically located near key Detroit landmarks, including Henry Ford Hospital, the Motown Museum, and the popular Congregation Coffee House, the property offers prime visibility and accessibility. The seller has provided detailed renderings for an 8-unit residential development. The sale also includes the adjacent lot at 2072 Clairmount, which offers additional space ideal for parking or potential future expansion Virginia Park is one of Detroit’s most sought-after neighborhoods, where ongoing development meets the area’s historic charm. With numerous renovation projects and new constructions transforming the landscape, this property offers an exceptional opportunity to contribute to the growth and vibrancy of this thriving community. With significant recent development, driven by the city's affordable housing initiatives, Virginia Park is a prime location for both investors and full-time residents. The demand for residential and commercial spaces continues to grow, making this property a unique opportunity to participate in Detroit’s ongoing revitalization while contributing to its affordable housing goals. Don’t miss this chance to develop a key piece of Detroit’s future!
Last Agent to Sell the Property
VM Real Estate Group License #6506047844 Listed on: 10/10/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michigan Moose Ventures Llc | $135,000 | Chirco Title Agency Inc | |
| Knr Llc | -- | None Available | |
| Tradin Places Llc | $500 | None Available | |
| Wells Fargo Bank Na | -- | None Available | |
| Wells Fargo Bank Na | $101,250 | None Available | |
| Lockett Walter D | -- | Title Source Inc | |
| Lockett Walter | -- | Title Source |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lockett Walter D | $96,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2024 11/13/24 | Sold | $220,000 | -2.2% | $39 / Sq Ft | |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- | |
| 10/10/2024 10/10/24 | For Sale | $225,000 | +66.7% | $40 / Sq Ft | |
| 06/01/2021 06/01/21 | Sold | $135,000 | +35.0% | $24 / Sq Ft | View Prior Sale |
| 03/24/2021 03/24/21 | Pending | -- | -- | -- | |
| 03/20/2021 03/20/21 | Price Changed | $100,000 | +150.0% | $18 / Sq Ft | |
| 03/20/2021 03/20/21 | For Sale | $40,000 | -- | $7 / Sq Ft |
| 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 | $773 | $0 | $0 | $0 |
| 2023 | $773 | $9,025 | $0 | $0 |
| 2022 | $563 | $6,600 | $0 | $0 |
| 2021 | $523 | $4,335 | $0 | $0 |
| 2020 | $523 | $4,500 | $0 | $0 |
| 2019 | $617 | $3,240 | $0 | $0 |
| 2018 | $576 | $3,100 | $0 | $0 |
| 2017 | $57 | $3,000 | $0 | $0 |
| 2016 | $1,336 | $12,400 | $0 | $0 |
| 2015 | $1,180 | $11,800 | $0 | $0 |
| 2013 | $1,778 | $65,376 | $0 | $0 |
| 2010 | -- | $74,291 | $1,236 | $73,055 |
Seller's Agent in 2024
Tracy Petersen
VM Real Estate Group
(248) 470-0216
2 in this area
57 Total Sales
Seller Co-Listing Agent in 2024
Rachel Blue
VM Real Estate Group
(313) 457-7983
1 in this area
102 Total Sales
Seller's Agent in 2021
Griffin Krebsbach
O'Connor Realty Detroit, LLC
(734) 355-0660
4 in this area
59 Total Sales
Source: Realcomp
MLS Number: 20240072705
APN: 08-002705
Ask me questions while you tour the home.