
Seller's Agent in 2024
Gene Kelley
Real Estate One
(248) 506-1257
7 in this area
128 Total Sales
Estimated Value: $13,000 - $41,000
Welcome to the latest offering from the Detroit Land Bank Authority. 4 buildable lots available in the Island view subdivision. Sale includes 2413, 2425 and 2407 concord. 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. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.
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/or 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 proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Last Agent to Sell the Property
Real Estate One-Southfield License #6501293908 Listed on: 02/03/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
6651 East Vernor Llc | $12,750 | None Listed On Document | |
The Detroit Land Bank Authority | -- | None Available | |
Planning & Development Dept City Of Detr | -- | None Available |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2024 07/30/24 | Sold | $12,750 | -17.7% | $7 / Sq Ft |
07/11/2024 07/11/24 | Pending | -- | -- | -- |
02/03/2023 02/03/23 | For Sale | $15,500 | -- | $9 / 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 |
---|---|---|---|---|
2025 | -- | $2,600 | $0 | $0 |
2024 | -- | $0 | $0 | $0 |
2023 | $0 | $0 | $0 | $0 |
2022 | $0 | $0 | $0 | $0 |
2021 | $0 | $0 | $0 | $0 |
2020 | $613 | $0 | $0 | $0 |
2019 | $613 | $0 | $0 | $0 |
2018 | $0 | $0 | $0 | $0 |
2017 | -- | $0 | $0 | $0 |
2016 | -- | $0 | $0 | $0 |
2015 | -- | $0 | $0 | $0 |
2013 | $613 | $0 | $0 | $0 |
2010 | -- | $4,091 | $359 | $3,732 |
Seller's Agent in 2024
Gene Kelley
Real Estate One
(248) 506-1257
7 in this area
128 Total Sales
Seller Co-Listing Agent in 2024
Patricia Phillips
Real Estate One
(313) 673-3774
6 in this area
83 Total Sales
Source: Realcomp
MLS Number: 20230006883
APN: 15-011716