NOT LISTED FOR SALE

Estimated Value: $139,485

0.59 Acre
$236,415 Price per Acre
25,700 Sq Ft Lot

Last Sold August 05, 2021

Last sale price $107,000

Est. 30% increase in value since last sale

Current estimated payment $806/month

286 Days on Market

About This Lot

As of August 2021

Exceptional potential for development on this lot. Located just off of Michigan Ave. where there are numerous businesses along the corridor. Close to Detroit history tours and historic Senate theater.
This property has been used for several years as a paid parking lot ($20 per vehicle) for patrons of the club across the street. Purchasers are responsible for checking with the city of Detroit for legality of use.

Last Agent to Sell the Property

Perry Pavlina

Arterra Luxe Collection LLC License #6501413104 Listed on: 10/16/2020

Arterra Luxe Collection LLC

Last Buyer's Agent

Maricela Meza

Century 21 Curran & Oberski License #RCO-6501409934

Century 21 Curran & Oberski

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 90.00x286.00
  • Property is zoned Commercial

Utilities

  • Sewer in Street

Community Details

  • Daniels Sub Of Pc 719 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I010682C4

Property Details

Property Type

Land

Est. Annual Taxes

$425

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 4800.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 90
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 211864.4000
  • Lot Size Area: 0.59
  • Lot Dimensions: 90.00X286.00
  • Parcel Number: W18I010682C4
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 379.0000
  • Tax Amount Winter: 46.0000
  • Total Tax: 425.0000
  • Taxable Value: 4800.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Aug 5, 2021
Sold by
Barash Terrey
Bought by
Lopez Jose Jesus and Lopez Sandra Maria
Seller's Agent
Perry Pavlina
Arterra Luxe Collection LLC
Buyer's Agent
Maricela Meza
Century 21 Curran & Oberski
List Price
$150,000
Sold Price
$107,000
Premium/Discount to List
-$43,000
-28.67%
Current Estimated Value
$139,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,485
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Mar 6, 2014
Sold by
Bimini Properties Llc
Bought by
Barash Terrey

Purchase Details

Closed on
Nov 18, 2008
Sold by
Wojtowicz Raymond J
Bought by
Bimini Properties Ii

Purchase Details

Closed on
Feb 7, 2003
Sold by
City Of Detroit
Bought by
Welch Joseph
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
Lopez Jose Jesus $107,000 Title One Inc
Barash Terrey -- None Available
Bimini Properties Ii $500 None Available
Welch Joseph $12,890 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $107,000 -14.4% --
07/30/2021 07/30/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $125,000 -16.7% --
10/16/2020 10/16/20 For Sale $150,000 -- --
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 $789 $13,800 $0 $0
2024 $789 $13,300 $0 $0
2023 $768 $11,400 $0 $0
2022 $830 $9,500 $0 $0
2021 $425 $9,500 $0 $0
2020 $442 $4,800 $0 $0
2019 $425 $4,800 $0 $0
2018 $444 $6,100 $0 $0
2017 $107 $5,700 $0 $0
2016 $498 $5,600 $0 $0
2015 $560 $5,600 $0 $0
2013 $558 $5,584 $0 $0
2010 -- $5,878 $5,878 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200085504

Realcomp

APN: 18-0106824