NOT LISTED FOR SALE

Estimated Value: $55,000 - $538,000

0.07 Acre
$3,147,614 Price per Acre
3,049 Sq Ft Lot

Last Sold February 27, 2020

Last sale price $38,500

Est. 472% increase in value since last sale

Current estimated payment $1,238/month

12 Days on Market

About This Lot

As of February 2020

Great development opportunity in the North Corktown neighborhood of Detroit. Located directly across the I-75 walking bridge from Takoi and all that Corktown has to offer. This 3,035 SF lot is currently zoned R2. Build your custom home or multi-family development to suit.

Last Agent to Sell the Property

Griffin Krebsbach

O'Connor Realty Detroit, LLC License #6501415617 Listed on: 01/22/2020

Last Buyer's Agent

Vincent Mazzola

O'Connor Realty License #RCO-6501387170

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25.00x121.00

Community Details

  • More Than One Subdivision Involved

Listing and Financial Details

  • Assessor Parcel Number W10I006625S001

Property Details

Property Type

Land

Est. Annual Taxes

$18

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 200.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 550000.0000
  • Lot Size Area: 0.07
  • Lot Dimensions: 25.00X121.00
  • Parcel Number: W10I006625S001
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 16.0000
  • Tax Amount Winter: 2.0000
  • Total Tax: 18.0000
  • Taxable Value: 200.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Mk North Corktown Llc
Bought by
Altia Phoenix Iii Llc
Total Days on Market
12
Current Estimated Value
$220,333

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 27, 2020
Sold by
Kafka Philip
Bought by
Mk North Corktown Llc
Seller's Agent
Griffin Krebsbach
O'Connor Realty Detroit, LLC
Buyer's Agent
Vincent Mazzola
O'Connor Realty
List Price
$38,500
Sold Price
$38,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2015
Sold by
The Detroit Land Bank Authority
Bought by
Kafka Philip T

Purchase Details

Closed on
Oct 30, 2014
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority
Source: Public Records

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Range of Values:

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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
Altia Phoenix Iii Llc $140,000 None Listed On Document
Mk North Corktown Llc $188,000 Liberty Title
Kafka Philip T $9,942 Attorney
The Detroit Land Bank Authority -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mk North Corktown Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $38,500 0.0% --
02/03/2020 02/03/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $38,500 -- --
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
2024 $17 $400 $0 $0
2023 $17 $400 $0 $0
2022 $18 $400 $0 $0
2021 $18 $400 $0 $0
2020 $18 $200 $0 $0
2019 $18 $200 $0 $0
2018 $15 $200 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
2010 -- $257 $257 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200005891

Realcomp

APN: 10-006625-001