NOT LISTED FOR SALE

Estimated Value: $57,301

0.05 Acre
$1,146,020 Price per Acre
2,178 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $13,250

Est. 332% increase in value since last sale

Current estimated payment $343/month

134 Days on Market

About This Lot

As of November 2023

Vacant land zoned Commercial. Nearly a full block of frontage (338 feet) on Gratiot available, buyer must purchase all 4 continuous lots - Asking $60K total for 6420, 6440, 6448, and 6456 Gratiot.
Just minutes from Downtown Detroit and Tiger Stadium, Ford Field, and more.
Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Last Agent to Sell the Property

Larry Else

Downtown Realty License #6502386964 Listed on: 04/25/2023

Last Buyer's Agent

Larry Else

Downtown Realty License #6502386964 Listed on: 04/25/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 40 x 52
  • Property is zoned Commercial

Utilities

  • Sewer in Street

Community Details

  • Holmes William L Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15000347.

Property Details

Property Type

Land

Est. Annual Taxes

$18

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 2100.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.05
  • Lot Dimensions: 40 x 52
  • Parcel Number: 15000347.
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 16.0000
  • Tax Amount Winter: 2.0000
  • Total Tax: 18.0000
  • Taxable Value: 2100.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Oct 30, 2023
Sold by
John D Hamilton Living Trust
Bought by
6420 Llc
Seller's Agent
Larry Else
Downtown Realty
Buyer's Agent
Larry Else
Downtown Realty
List Price
$7,500
Sold Price
$13,250
Premium/Discount to List
$5,750
76.67%
Views
55
Current Estimated Value
$57,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,051
Avg. Annual Appreciation
132.14%

Purchase Details

Closed on
Jan 5, 2011
Sold by
Hamilton John D and Hamilton Haifa
Bought by
Hamilton John D and The John D Hamilton Living Trust

Purchase Details

Closed on
Jul 25, 2006
Sold by
Ghallozi Fadie and Ghallozi Lisa
Bought by
Hamilton John D

Purchase Details

Closed on
Jun 22, 2005
Sold by
City Of Detroit
Bought by
Ghallozi Fadie
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
6420 Llc $53,000 Now Title
Hamilton John D -- None Available
Hamilton John D -- None Available
Ghallozi Fadie $7,600 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $13,250 +76.7% --
09/06/2023 09/06/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $7,500 -- --
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 $347 $5,200 $0 $0
2024 $347 $4,600 $0 $0
2023 $17 $2,500 $0 $0
2022 $18 $2,100 $0 $0
2021 $18 $2,100 $0 $0
2020 $18 $2,100 $0 $0
2019 $17 $2,100 $0 $0
2018 $15 $200 $0 $0
2017 $3 $190 $0 $0
2016 $196 $100 $0 $0
2015 $220 $2,200 $0 $0
2013 $217 $2,171 $0 $0
2010 -- $2,285 $2,203 $82
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230031187

Realcomp

APN: 15-000347