$24,800 Price Analysis    ♡   Detroit, MI 48216 Unknown bed 0 bath unknown SqFt ($0/SqFt) 3,049SqFt lot. Listed 2023-08-07, Taxes $52 | Ⓧ USDA Ineligible due to property near Detroit |
Vacant Lot - Pristine Build Opportunity.
* Sale Pending *
Purchaser must submit a development plan that includes scope of development (number of units and total square footage), development cost estimates, proof of funds and architectural drawings or precedent architecture images. Incomplete proposals will not be considered. 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 that are otherwise available to the selected purchaser. DLBA will review requests to wive 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 prof orma and effect of any tax abatements on the purchase and development financing. Contact agent for additional details.
Presented by James Bufalino at
Premier Property Services Llc.
Property MLS #219033821 from Realcomp
Road Frontage Type: Paved
Lot Size Dimensions: 100.00 X 31.00
Lot Size Square Feet: 3049
Map directions Map directions Map directionsCounty: Wayne
Directions: Trumbell Ave to Elm Street
Source Property Type: Vacant Land
Area: Det South Of Grand River
Source Neighborhood: PLAT OF PC 27 LOGNON FARM (PLATS)
Ownership Type: Government Owned, Short Sale - No
Parcel Number: W08I006474S
Subdivision: PLAT OF PC 27 LOGNON FARM (PLATS)
Zoning: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $600 | $52 |
| 2017 | $unknown + $unknown $400 | $35 |
| 2016 | $unknown + $unknown $4,100 | $347 |
| 2015 | $unknown + $unknown $3,900 | $683 |
| 2014 | $unknown + $unknown $3,880 | $680 |
| 2013 | $unknown + $unknown $4,084 | $693 |
| 2012 | $unknown + $unknown $4,345 | $712 |
| 2011 | $unknown + $unknown $4,766 | $750 |
| 2010 | $unknown + $unknown $5,416 | $802 |
| 2009 | $unknown + $unknown $6,155 | $855 |
| 2008 | $unknown + $unknown $7,116 | $935 |
| 2007 | $unknown + $unknown $35,579 | $3,059 |
$24,800
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Listed 2019-04-15
$24,800
Realcomp
Sold 2005-01-06
$75,000
Public Record
Water Source: Water at Street
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.