$30,000

Estimated payment $174/month

Total Views 6,950
0.14 Acre
$214,286 Price per Acre
6,098 Sq Ft Lot

About This Lot

This great investment opportunity is located minutes from Eastern Market, Indian Village and Downtown Detroit at an amazing price. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. Sale contingent on buyer/seller executed development agreement. 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 and lot combinations 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 performance and effect of any tax abatements on the purchase and development financing.

Listing Agent

Natasha Richards

Bellabay Realty Tri Counties License #6502385914 Listed on: 03/20/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $100

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • Property is zoned Multi-Family

Community Details

  • Waterworks Subdivision

Listing and Financial Details

  • Assessor Parcel Number W19I004913S

Property Details

Property Type

Land

Est. Annual Taxes

$100

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: 100.00
  • State Equalized Value: 0.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Parcel Number: W19I004913S
  • Zoning: Multi-Family, Residential

Tax Info

  • Tax Amount Summer: 100.0000
  • Total Tax: 100.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

Collateral Analytics

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ICE

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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

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
2024 $100 $0 $0 $0
2023 $100 $0 $0 $0
2022 $209 $0 $0 $0
2021 $3,708 $56,900 $0 $0
2020 $4,145 $62,100 $0 $0
2019 $4,070 $51,800 $0 $0
2018 $3,473 $51,800 $0 $0
2017 $814 $48,400 $0 $0
2016 $3,883 $47,700 $0 $0
2015 $4,240 $47,700 $0 $0
2013 $4,107 $47,713 $0 $0
2010 -- $51,385 $2,181 $49,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $30,000 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Source: Realcomp

MLS Number: 20250018650

Realcomp

APN: 19-004913