NOT LISTED FOR SALE

7532 Michigan Ave Detroit, MI 48210

Claytown Neighborhood

Estimated Value: $33,525

0.05 Acre
$670,500 Price per Acre
2,178 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $30,000

Est. 12% increase in value since last sale

Current estimated payment $254/month

76 Days on Market

About This Lot

As of June 2023

GREAT LOCATION COMMERCIAL LOT FOR SALE - Attention Food Truck owners/operators- this location is ready for you!!!! This land is located on Michigan Avenue minutes away from Downtown Detroit, Corktown, and Mexicantown! Michigan Avenue is getting a huge futuristic upgrade that have the whole World watching and coming to check IT OUT! Michigan Department of Transportation is building the first autonomous car lane. The dedicated autonomous vehicle lane will run from Downtown Corktown area to Ann Arbor, Michigan on MICHIGAN AVENUE. This property would be great for an investor who wants a gem to add to his portfolio and/or an entrepreneur to build something great on this futuristic avenue. Purchaser to pay $495 processing fee to listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Last Agent to Sell the Property

Rashad Elabed

JNA Real Estate License #6501406301 Listed on: 04/01/2023

Last Buyer's Agent

Rami Ahmad

Keller Williams Legacy License #6501396690

Keller Williams Legacy

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22 x 100
  • Property is zoned Commercial

Utilities

  • Sewer in Street

Community Details

  • Seymour & Troesters Michigan Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18002384.

Property Details

Property Type

Land

Est. Annual Taxes

$349

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 8700.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 22
  • Road Frontage Type: Paved
  • Sideof Street: S

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.05
  • Lot Dimensions: 22 x 100
  • Parcel Number: 18002384.
  • Zoning: Commercial

Rental Info

  • Deposit Amount: 12000.00

Tax Info

  • Tax Amount Summer: 311.0000
  • Tax Amount Winter: 38.0000
  • Total Tax: 349.0000
  • Taxable Value: 8700.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jun 26, 2023
Sold by
Yesinn Llc
Bought by
Hibachi Me Llc
Seller's Agent
Rashad Elabed
JNA Real Estate
Buyer's Agent
Rami Ahmad
Keller Williams Legacy
List Price
$31,800
Sold Price
$30,000
Premium/Discount to List
-$1,800
-5.66%
Views
185
Current Estimated Value
$33,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,525
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Nov 15, 2021
Sold by
Wayne County
Bought by
Yesinn Llc

Purchase Details

Closed on
Dec 16, 2014
Sold by
Awad Jamal M and Awad Amer M
Bought by
Sam 1 Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hibachi Me Llc -- None Listed On Document
Yesinn Llc $6,100 None Available
Sam 1 Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $30,000 -5.7% --
06/16/2023 06/16/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $31,800 0.0% --
06/13/2023 06/13/23 For Sale $31,800 -0.6% --
06/12/2023 06/12/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $32,000 -3.0% --
04/28/2023 04/28/23 Price Changed $33,000 -2.7% --
04/01/2023 04/01/23 For Sale $33,900 -- --
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 $836 $11,600 $0 $0
2024 $836 $11,100 $0 $0
2023 $323 $9,800 $0 $0
2022 $672 $8,700 $0 $0
2021 $630 $8,300 $0 $0
2020 $555 $8,300 $0 $0
2019 $331 $8,200 $0 $0
2018 $281 $4,400 $0 $0
2017 $68 $4,200 $0 $0
2016 $316 $4,100 $0 $0
2015 $354 $4,100 $0 $0
2013 $343 $4,081 $0 $0
2010 -- $4,296 $2,629 $1,667
Source: Public Records

Agents Affiliated with this Home

  • Rashad Elabed

    Seller's Agent in 2023

    Rashad Elabed

    JNA Real Estate

    (734) 497-5558

    2 in this area

    72 Total Sales

    Section Image
  • Rami Ahmad

    Buyer's Agent in 2023

    Rami Ahmad

    Keller Williams Legacy

    (248) 971-9251

    1 in this area

    331 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20230023978

Realcomp

APN: 18-002384

Michigan Wayne County Detroit 48210 Claytown

7532 Michigan Ave, Detroit, MI

This home is located at 7532 Michigan Ave, Detroit, MI 48210 since 01 April 2023 and is currently estimated at $33,525. 7532 Michigan Ave is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Western International High School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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