259 Mount Vernon Ave Grosse Pointe Farms, MI 48236
Estimated payment $76/month
About This Lot
Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 249 Mt Vernon, 253 Mt Vernon, and 265 Mt. Vernon = 48k. Totaling = 13,211 sqft. Not sold separately. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 abatement 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 abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,576
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30.00x110.00
Community Details
- Kochs Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number W01I002402S
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 | $3,576 | $179,000 | $0 | $0 |
| 2024 | $3,576 | $167,500 | $0 | $0 |
| 2023 | $3,407 | $154,100 | $0 | $0 |
| 2022 | $6,363 | $141,300 | $0 | $0 |
| 2021 | $6,011 | $134,200 | $0 | $0 |
| 2019 | $5,911 | $127,200 | $0 | $0 |
| 2018 | $3,025 | $120,300 | $0 | $0 |
| 2017 | $5,248 | $117,400 | $0 | $0 |
| 2016 | $5,502 | $112,200 | $0 | $0 |
| 2015 | $8,723 | $97,100 | $0 | $0 |
| 2013 | $8,450 | $84,500 | $0 | $0 |
| 2012 | $2,202 | $82,800 | $24,400 | $58,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | For Sale | $12,000 | 0.0% | -- |
| 04/20/2020 04/20/20 | Pending | -- | -- | -- |
| 02/29/2020 02/29/20 | For Sale | $12,000 | -94.5% | -- |
| 03/10/2015 03/10/15 | Sold | $220,000 | -10.2% | $152 / Sq Ft |
| 02/27/2015 02/27/15 | Pending | -- | -- | -- |
| 12/19/2014 12/19/14 | For Sale | $245,000 | -- | $169 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $220,000 | Greco Title Agency Llc | |
| Warranty Deed | $195,000 | Chirco Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $216,015 | FHA | |
| Previous Owner | $188,000 | New Conventional | |
| Previous Owner | $195,400 | Unknown | |
| Previous Owner | $191,987 | FHA |
Source: Realcomp
MLS Number: 2200016561
APN: 38-010-01-0192-000
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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