$340,000

Estimated payment $1,900/month

Total Views 10,697
0.8 Acre
$425,000 Price per Acre
34,848 Sq Ft Lot

Highlights

  • 0.8 Acre Lot
  • Cass Technical High School Rated 10
  • Corner Lot

About This Lot

We are pleased to offer a unique development site for sale in Detroit's Islandview neighborhood.Development Potential- Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses.- 16 townhome or 30 apartment developmentProperty Description- 1 parcel: 531 E. Grand- 0.80 acres | 35,000sf- 146' frontage on East Vernor Hwy.- 240' frontage on East Grand Blvd.This site is also part fo a package that consists of two sites. Each can be sold separately or bundled together. See listing for 365 E. Grand Blvd. for the other site.

Listing Agent

Jerome Huez

Berkshire Hathaway HomeServices The Loft Warehouse License #6501368881 Listed on: 12/08/2022

Berkshire Hathaway HomeServices The Loft Warehouse

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 240.00x146.00
  • Corner Lot
  • Level Lot
  • Property is zoned Multi-Family

Utilities

  • Sewer in Street

Community Details

  • J B Mc Kays Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W15I008056C9

Property Details

Property Type

Land

Est. Annual Taxes

$569

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 12400.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.80
  • Lot Dimensions: 240.00X146.00
  • Parcel Number: W15I008056C9
  • Zoning: Multi-Family, Residential

Tax Info

  • Tax Amount Summer: 509.0000
  • Tax Amount Winter: 60.0000
  • Total Tax: 569.0000
  • Taxable Value: 6528.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

Collateral Analytics

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ICE

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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

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 $542 $18,000 $0 $0
2024 $542 $17,400 $0 $0
2023 $528 $14,900 $0 $0
2022 $571 $12,400 $0 $0
2021 $552 $12,400 $0 $0
2020 $552 $9,300 $0 $0
2019 $541 $9,300 $0 $0
2018 $460 $6,300 $0 $0
2017 $111 $5,900 $0 $0
2016 $516 $12,000 $0 $0
2015 $580 $5,800 $0 $0
2013 $1,031 $10,314 $0 $0
2010 -- $10,857 $10,011 $846
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 For Sale $340,000 0.0% --
04/12/2024 04/12/24 Pending -- -- --
01/08/2024 01/08/24 Off Market $340,000 -- --
12/08/2022 12/08/22 For Sale $340,000 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- M S Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,500 Fannie Mae Freddie Mac
Source: Public Records

Source: Realcomp

MLS Number: 20221067147

Realcomp

APN: 15-0080569