NOT LISTED FOR SALE

3423 3rd St Detroit, MI 48201

Midtown Neighborhood

Estimated Value: $188,723

0.07 Acre
$2,696,043 Price per Acre
3,049 Sq Ft Lot

Last Sold December 22, 2016

Last sale price $108,500

Est. 74% increase in value since last sale

Current estimated payment $1,107/month

92 Days on Market

About This Lot

As of December 2016

LOCATION LOCATION LOCATION. This is a prime development and investment opportunity. You can be right in the heart of it all with the M1 Rail scheduled to be finished in 2017 along with the new Red Wings Stadium, Wayne State University, CCS. The momentum in Midtown is not slowing down. This property will continue to rise in value. BATVAI

Last Agent to Sell the Property

Alex Lauer

Clyde Realty LLC License #6501387117 Listed on: 07/20/2016

Last Buyer's Agent

Mark Talley

Griswold Realty Advisors LLC License #RCO

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00
  • Property is zoned Commercial

Utilities

  • Sewer in Street

Community Details

  • Plat Of Jones Farm N Of Grand River Subdivision

Listing and Financial Details

  • Assessor Parcel Number W04I003575S

Property Details

Property Type

Land

Est. Annual Taxes

$642

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 7300.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1714285.7143
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W04I003575S
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 573.0000
  • Tax Amount Winter: 69.0000
  • Total Tax: 642.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2017
Sold by
Sunshire Forever Llc
Bought by
3423 Third Llc
Current Estimated Value
$188,723

Purchase Details

Closed on
May 10, 2017
Sold by
Hdc Partners Llc
Bought by
Sunshine Forever Llc

Purchase Details

Listed on
Jul 20, 2016
Closed on
Dec 21, 2016
Sold by
Zimmerman Jeffrey B
Bought by
Hdc Partners Llc
Seller's Agent
Alex Lauer
Clyde Realty LLC
Buyer's Agent
Mark Talley
Griswold Realty Advisors LLC
List Price
$125,000
Sold Price
$108,500
Premium/Discount to List
-$16,500
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Oct 2, 2014
Sold by
Wayne County Treasurer
Bought by
Zimmerman Jeffrey B and Lonesome Mountain Outfitters Inc
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
3423 Third Llc -- None Available
Sunshine Forever Llc -- None Available
Hdc Partners Llc $108,500 First American Title
Zimmerman Jeffrey B $26,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $108,500 -13.2% --
10/20/2016 10/20/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $125,000 -- --
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
2024 $780 $46,600 $0 $0
2023 $760 $51,000 $0 $0
2022 $821 $51,000 $0 $0
2021 $794 $51,000 $0 $0
2020 $794 $58,300 $0 $0
2019 $779 $58,300 $0 $0
2018 $662 $8,600 $0 $0
2017 $140 $7,400 $0 $0
2016 $649 $7,300 $0 $0
2015 $730 $7,300 $0 $0
2013 -- $7,295 $0 $0
2010 -- $7,295 $1,125 $6,170
Source: Public Records

Agents Affiliated with this Home

  • Alex Lauer

    Seller's Agent in 2016

    Alex Lauer

    Clyde Realty LLC

    (313) 230-0510

    379 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Mark Talley

    Griswold Realty Advisors LLC

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Map

Source: Realcomp

MLS Number: 216072163

Realcomp

APN: 04-003575

Michigan Wayne County Detroit 48201 Midtown

3423 3rd St, Detroit, MI

This home is located at 3423 3rd St, Detroit, MI 48201 since 20 July 2016 and is currently estimated at $188,723. 3423 3rd St is a home located in Wayne County with nearby schools including Burton International Academy, 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
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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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