NOT LISTED FOR SALE

Estimated Value: $13,177 - $143,000

0.16 Acre
$462,775 Price per Acre
6,970 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $9,000

Est. 723% increase in value since last sale

Current estimated payment $412/month

55 Days on Market

About This Lot

As of September 2023

Discover an incredible opportunity to acquire a vacant land parcel in the thriving Jefferson/Chalmers neighborhood, situated on the vibrant east side of Detroit. This prime piece of land, zoned for residential use, offers immense potential for those seeking to invest in an up and coming area, with close proximity to Grosse Pointe Park and the lively entertainment and food attractions along Jefferson Ave

The Jefferson/Chalmers neighborhood has experienced a remarkable transformation in recent years, attracting attention from investors, developers, and homeowners alike. With its historic charm, tree-lined streets, and a strong sense of community, this area is quickly becoming one of Detroit's most sought-after locations. Residents enjoy the best of both worlds, with easy access to urban amenities and the peaceful ambiance of suburban living.

Don't miss out on this extraordinary opportunity to be part of the flourishing Jefferson/Chalmers neighborhood. Seize the chance to shape the future of this exciting community. Contact us today for further details and to schedule a viewing.

Please note that no survey of the land is currently held. Interested parties are encouraged to conduct their own due diligence and investigations regarding property boundaries, measurements, and any specific requirements for their intended use.

Last Agent to Sell the Property

Christopher Ferriole

Park Place Real Estate Services, Inc License #6501403715 Listed on: 07/14/2023

Last Buyer's Agent

Juana Woodson

Urban Elegance Realty LLC License #RCO-6501227954

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 138.00

Utilities

  • Sewer in Street

Community Details

  • Hendries Riverside Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I050323S

Property Details

Property Type

Land

Est. Annual Taxes

$105

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 1500.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 50
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 138.00
  • Parcel Number: W21I050323S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 91.0000
  • Tax Amount Winter: 14.0000
  • Total Tax: 105.0000
  • Taxable Value: 1500.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 14, 2023
Sold by
Ottersen Amy
Bought by
La D Homes Llc
Seller's Agent
Christopher Ferriole
Park Place Real Estate Services, Inc
Buyer's Agent
Juana Woodson
Urban Elegance Realty LLC
List Price
$12,000
Sold Price
$9,000
Premium/Discount to List
-$3,000
-25%
Views
4
Current Estimated Value
$74,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,044
Avg. Annual Appreciation
167.53%

Purchase Details

Closed on
Feb 7, 2020
Sold by
The Detroit Land Bank Authority
Bought by
Ottersen Amy

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mitchell Adam Paul
Bought by
Slaughter Walter Hoyt
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
La D Homes Llc $9,000 None Listed On Document
Ottersen Amy -- None Available
Detroit Land Bank Authority -- None Available
Slaughter Walter Hoyt $3,700 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $9,000 -25.0% --
09/07/2023 09/07/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $12,000 -- --
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 $113 $2,200 $0 $0
2024 $113 $1,500 $0 $0
2023 $115 $1,500 $0 $0
2022 $131 $1,500 $0 $0
2021 $131 $1,500 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $50 $0 $0 $0
2016 $50 $500 $0 $0
2015 $50 $500 $0 $0
2013 $91 $906 $0 $0
2010 -- $1,053 $978 $75
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230057660

Realcomp

APN: 21-050323