NOT LISTED FOR SALE

265 Horton St Detroit, MI 48202

North End Neighborhood

Estimated Value: $36,000 - $352,000

0.09 Acre
$1,970,367 Price per Acre
3,920 Sq Ft Lot

Last Sold March 23, 2021

Last sale price $15,000 $8 Per Sq Ft

Est. 1,082% increase in value since last sale

Current estimated payment $969/month

555 Days on Market

About This Lot

As of March 2021

Build your dream home or a multi-family development to suit. This property is located in a Qualified
Opportunity Zone. The seller is the Detroit Land Bank A uthority. Buyer must submit an application to
purchase, including construction plans or precedent architectural images of proposed development and
financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 request 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

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 03/04/2019

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 03/04/2019

Property Details

Property Type

  • Land

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.00x125.00

Community Details

  • Hibbard Bakers Sub L7 P90 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W01I002027S

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 4400.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 30
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 166666.6600
  • Lot Size Area: 0.09
  • Lot Dimensions: 30.00X125.00
  • Parcel Number: W01I002027S
  • Zoning: Residential

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Mar 10, 2021
Sold by
Detroit Land Bank Authority
Bought by
Maddox Joshua and Maddox Hailey
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
List Price
$15,000
Sold Price
$15,000
Current Estimated Value
$177,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,333
Avg. Annual Appreciation
67.14%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Landburt Invst Group Llc
Bought by
Bommarito Francesco

Purchase Details

Closed on
Jan 6, 2015
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Source: Public Records

Range of Values:

Collateral Analytics

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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
Maddox Joshua $15,000 None Available
Bommarito Francesco $1,500 None Available
Detroit Land Bank Authority -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddox Hailey E $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $15,000 0.0% $8 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $15,000 0.0% $8 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $15,000 -- $8 / Sq Ft
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 -- $2,200 $0 $0
2024 $30 $400 $0 $0
2023 $0 $0 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $6 $300 $0 $0
2016 $6 $4,400 $0 $0
2015 $21 $500 $0 $0
2013 $21 $543 $0 $0
2010 -- $13,963 $474 $13,489
Source: Public Records

Agents Affiliated with this Home

  • Leonard Pickett

    Seller's Agent in 2021

    Leonard Pickett

    RCH Brokerage Legacy Inc

    (313) 510-7887

    18 in this area

    178 Total Sales

    Leonard Pickett
    Section Image
  • Clarence Wilson

    Seller Co-Listing Agent in 2021

    Clarence Wilson

    RCH Brokerage Legacy Inc

    (313) 467-0009

    18 in this area

    229 Total Sales

    Clarence Wilson
    Section Image
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Map

Source: Realcomp

MLS Number: 219018077

Realcomp

APN: 01-002027

Michigan Wayne County Detroit 48202 North End

265 Horton St, Detroit, MI

This home is located at 265 Horton St, Detroit, MI 48202 since 04 March 2019 and is currently estimated at $177,333, approximately $93 per square foot. 265 Horton St is a home located in Wayne County with nearby schools including Golightly Education Center, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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