$235,000
SOLD MAY 1, 2025
0.14 Acre
$1,678,571 Price per Acre
6,098 Sq Ft Lot

Recently Sold

6% Below List Price

18 Days on Market

About This Lot

As of May 2025

Located at 3469 & 3457 Second Ave. in Midtown, this 0.145-acre (6,350 SF) parcel occupies a prime corner at 2nd Ave and Martin Luther King, within walking distance of Little Caesars Arena, Selden Standard, Honest John’s, SheWolf, and Mad Nice. Zoned B4, the property offers versatile development potential, making it ideal for a range of commercial uses. Its strategic location, adjacent to significant revitalization efforts, presents an outstanding investment opportunity in one of Detroit’s most dynamic neighborhoods.

Last Agent to Sell the Property

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 04/04/2025

Last Buyer's Agent

Bill Darwich

Century 21 Curran & Oberski License #6501368264

Century 21 Curran & Oberski

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,100

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 127x50
  • Property is zoned Commercial

Community Details

  • Cass Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04000651.001

Property Details

Property Type

Land

Est. Annual Taxes

$1,100

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 94000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 127
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 127x50
  • Parcel Number: 04000651.001
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 1100.0000
  • Total Tax: 1100.0000
  • Taxable Value: 94000.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 1, 2025
Sold by
William J Giovan Living Trust and Glovan William Joseph
Bought by
Lebancom Llc
Seller's Agent
Vincent Mazzola
O'Connor Realty Detroit, LLC
Buyer's Agent
Bill Darwich
Century 21 Curran & Oberski
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Total Days on Market
18
Views
4

Purchase Details

Closed on
Aug 2, 2017
Sold by
Giovan William J
Bought by
Giovan William J and The William J Giovan Living Trust

Purchase Details

Closed on
Aug 16, 2004
Sold by
Giovan Mary Lynn
Bought by
Giovan William J
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 Type Sale Price Title Company
Warranty Deed $235,000 Ata National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $235,000 -6.0% --
04/22/2025 04/22/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $250,000 -- --
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 $582 $94,000 $0 $0
2023 $567 $99,500 $0 $0
2022 $613 $99,500 $0 $0
2021 $593 $99,500 $0 $0
2020 $592 $108,500 $0 $0
2019 $582 $108,500 $0 $0
2018 $494 $8,800 $0 $0
2017 $119 $7,600 $0 $0
2016 $554 $7,500 $0 $0
2015 $621 $7,500 $0 $0
2013 -- $7,539 $0 $0
2010 -- $7,539 $4,620 $2,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250023107

Realcomp

APN: 04-000651-001