NOT LISTED FOR SALE

4226 25th St Detroit, MI 48208

Chadsey Condon Neighborhood

Estimated Value: $15,000 - $359,000

0.08 Acre
$1,791,662 Price per Acre
3,485 Sq Ft Lot

Last Sold August 16, 2022

Last sale price $10,000

Est. 1,333% increase in value since last sale

Current estimated payment $807/month

229 Days on Market

About This Lot

As of August 2022

New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 8 lots are included in the sale, 4184, 4218, 4212, 4202, 4206, 4196, 4190 25th. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Last Agent to Sell the Property

Natasha Richards

Bellabay Realty Tri Counties License #6502385914 Listed on: 02/19/2021

Last Buyer's Agent

Natasha Richards

Bellabay Realty Tri Counties License #6502385914 Listed on: 02/19/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.00x100.00
  • Property is zoned Multi-Family

Community Details

  • Andrus Sub Of J W Johnstons Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I009285S

Property Details

Property Type

Land

Est. Annual Taxes

$30

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 0.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 33
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 125000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.00X100.00
  • Parcel Number: W12I009285S
  • Zoning: Multi-Family, Residential

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Aug 15, 2022
Sold by
Detroit Land Bank Authority
Bought by
Jim And Peters Farm Llc
Seller's Agent
Natasha Richards
Bellabay Realty Tri Counties
Buyer's Agent
Natasha Richards
Bellabay Realty Tri Counties
List Price
$10,000
Sold Price
$10,000
Total Days on Market
229
Views
2
Current Estimated Value
$143,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,333
Avg. Annual Appreciation
159.69%

Purchase Details

Closed on
Oct 30, 2014
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority
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 Buyer Sale Price Title Company
Jim And Peters Farm Llc $10,000 None Listed On Document
The Detroit Land Bank Authority -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $10,000 0.0% --
10/07/2021 10/07/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $10,000 -- --
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 $30 $400 $0 $0
2023 $31 $400 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
2010 -- $279 $279 $0
Source: Public Records

Agents Affiliated with this Home

  • Natasha Richards

    Seller's Agent in 2022

    Natasha Richards

    Bellabay Realty Tri Counties

    (313) 204-0310

    2 in this area

    154 Total Sales

    Natasha Richards
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210010541

Realcomp

APN: 12-009285

Michigan Wayne County Detroit 48208 Chadsey Condon

4226 25th St, Detroit, MI

This home is located at 4226 25th St, Detroit, MI 48208 since 19 February 2021 and is currently estimated at $143,333. 4226 25th 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.

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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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