NOT LISTED FOR SALE

Estimated Value: $488,000

0.12 Acre
$4,066,667 Price per Acre
5,227 Sq Ft Lot

Last Sold August 19, 2014

Last sale price $30,000

Est. 1,527% increase in value since last sale

Current estimated payment $2,669/month

38 Days on Market

About This Lot

As of August 2014

This is the south-east corner of MLK/Myrtle and Third St. 100' of frontage on Third st. and 50' of frontage on MLK/Myrtle.

Last Agent to Sell the Property

Brandon Lee

O'Connor Realty Detroit, LLC License #6501306924 Listed on: 02/03/2014

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x100.00
  • Property is zoned Commercial

Utilities

  • Sewer in Street

Community Details

  • Milo A Smiths Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W04I000660S

Property Details

Property Type

Land

Est. Annual Taxes

$160

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 1875.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 100
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 416666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X100.00
  • Parcel Number: W04I000660S
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 145.0000
  • Tax Amount Winter: 15.0000
  • Total Tax: 160.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2015
Sold by
Opportunity Third Street Llc
Bought by
Caffrey Enterprises Llc
Current Estimated Value
$488,000

Purchase Details

Listed on
Feb 3, 2014
Closed on
Aug 19, 2014
Sold by
Ratkus Richard
Bought by
Opportunity Third St Llc
Seller's Agent
Brandon Lee
O'Connor Realty Detroit, LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$50,000
Sold Price
$30,000
Premium/Discount to List
-$20,000
-40%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Wojtowicz Raymond J
Bought by
Ratkus Richard
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
Caffrey Enterprises Llc -- First American Title Ins Co
Opportunity Third St Llc $30,000 Continental Title Agency Llc
Ratkus Richard $3,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $30,000 -40.0% --
03/13/2014 03/13/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $50,000 -- --
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
2025 $176 $114,200 $0 $0
2024 $176 $118,800 $0 $0
2023 $171 $125,600 $0 $0
2022 $185 $125,600 $0 $0
2021 $179 $125,600 $0 $0
2020 $179 $137,000 $0 $0
2019 $176 $137,000 $0 $0
2018 $149 $2,200 $0 $0
2017 $36 $1,900 $0 $0
2016 $169 $1,900 $0 $0
2015 $190 $1,900 $0 $0
2013 -- $1,875 $0 $0
2010 -- $12,158 $1,875 $10,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214009191

Realcomp

APN: 04-000660