$142,000
SOLD OCT 3, 2024
0.08 Acre
$1,775,000 Price per Acre
3,485 Sq Ft Lot

Recently Sold

7% Below List Price

43 Days on Market

About This Lot

As of October 2024

Located at 4041 Fourth St. in Midtown, this 0.078-acre (3,400 SF) parcel sits directly adjacent to the Eco Homes Housing Project and is within walking distance to Selden Standard, Honest John's, SheWolf, Mad Nice, and all that Midtown has to offer. Zoned R2, this land is ideal for single-family or two-unit multi-family development. Its prime location, adjacent to significant revitalization, provides an excellent investment prospect in one of Detroit's strongest neighborhoods.

Last Agent to Sell the Property

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 08/08/2024

Last Buyer's Agent

Jennifer Chimienti

Heirloom House Co License #6501346230

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34 x 100
  • Property is zoned Multi-Family

Community Details

  • Crane Farm Sub Rear Concession Of Pc 247 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04003985.

Property Details

Property Type

Land

Est. Annual Taxes

$2,937

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 34000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 34
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 34 x 100
  • Parcel Number: 04003985.
  • Zoning: Multi-Family, Residential

Tax Info

  • Tax Amount Summer: 2617.0000
  • Tax Amount Winter: 320.0000
  • Total Tax: 2937.0000
  • Taxable Value: 34000.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Malette Emily
Bought by
Malette Emily and Vohra Varun
Total Days on Market
43
Current Estimated Value
$146,464

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 3, 2024
Sold by
Daimi-Lewis Dina and Lewis Clarke Graham
Bought by
Malette Emily
Seller's Agent
Vincent Mazzola
O'Connor Realty Detroit, LLC
Buyer's Agent
Jennifer Chimienti
Heirloom House Co
List Price
$152,000
Sold Price
$142,000
Premium/Discount to List
-$10,000
-6.58%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Jan 6, 2022
Sold by
Eco Homes Llc
Bought by
Lewis Clarke Graham and Daimi Dima Mary

Purchase Details

Closed on
Aug 8, 2016
Sold by
The City Of Detroit
Bought by
Eco Homes Llc
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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $143,000 First American Title
Warranty Deed $143,000 First American Title
Quit Claim Deed -- First American Title
Quit Claim Deed $154,810 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $142,000 -6.6% --
09/20/2024 09/20/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $152,000 -- --
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 $2,561 $34,000 $0 $0
2023 $2,617 $34,000 $0 $0
2022 $224 $56,800 $0 $0
2021 $217 $56,800 $0 $0
2020 $226 $64,900 $0 $0
2019 $213 $64,900 $0 $0
2018 $181 $2,700 $0 $0
2017 $44 $2,300 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
2010 -- $5,100 $5,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240058556

Realcomp

APN: 04-003985