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$12,000   Price Analysis
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259 Mount Vernon Ave
Detroit, MI 48236
Unknown bed 0 bath unknown SqFt ($0/SqFt)
3,485SqFt lot.
Listed 2023-06-26, Taxes $6,362
Ⓧ USDA Ineligible
due to property

near Detroit

Great lot for infill building located in Detroits bustling North End neighborhood.

This lot is sold as a bundle of 4 with 249 Mt Vernon, 253 Mt Vernon and 265 Mt. Vernon = $48, 000. Totaling = 13, 211 sqft. Not sold separately. This proprty is within walking distance to the Q-Line and Brand new Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. Ple ase 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 abatement 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 abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.


Presented by LEONARD PICKETT at
Rch Brokerage Legacy Inc.
Listing Agent Photo

Property MLS #2200016561 from Realcomp

Frontage Length: 30
Road Frontage Type: Paved

Lot Size Acres: 0.08
Lot Size Dimensions: 30.00X110.00
Lot Size Square Feet: 3484

School District: Detroit

Kerby Elementary School is a public elementary school located approximately 0.5 miles away.
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Brownell Middle School is a public elementary and middle school located approximately 0.5 miles away.
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Grosse Pointe South High School is a public high school located approximately 0.9 miles away.
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St Paul Catholic School is a private elementary and middle school located approximately 0.7 miles away.
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Source Listing Status: Active
County: Wayne
Directions: TAKE WOODWARD HEAD SOUTH PASS HOLBROOK RD MAKE LEFT ONTO MT.VERNON
Source Property Type: Vacant Land
Area: Det: Livernois-I75 6-Gd River
Source Neighborhood: KOCHS SUB (PLATS)
Ownership Type: Government Owned, Short Sale - No
Parcel Number: W01I002402S
Postal Code Plus 4: 3436
Subdivision: KOCHS SUB (PLATS)
Zoning: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$141,300
$6,362
2021$unknown + $unknown
$134,200
$6,010
2020$unknown + $unknown
$131,500
$6,297
2019$unknown + $unknown
$127,200
$5,910
2018$unknown + $unknown
$120,300
$5,674
2017$unknown + $unknown
$117,400
$5,519
2016$unknown + $unknown
$109,300
$5,501
2015$unknown + $unknown
$97,100
$4,271
2014$unknown + $unknown
$88,700
$4,162
2013$unknown + $unknown
$84,500
$4,076
2012$unknown + $unknown
$82,800
$3,907
2011$unknown + $unknown
$85,000
$3,910
2010$unknown + $unknown
$88,300
$3,983
2009$unknown + $unknown
$99,300
$4,349
2008$unknown + $unknown
$114,400
$2,833
2007$unknown + $unknown
$120,500
$2,984

Price Changed 2023-09-01
$12,000
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Listed 2023-06-26
$12,000
Realcomp
Sold 2015-03-26
$220,000
Public Record
Listing removed 2015-02-28
$229,900
MiRealSource
Listing removed 2015-02-28
$229,900
Realcomp
Price Changed 2015-02-19
$229,900
MiRealSource
Price Changed 2015-01-23
$229,900
Realcomp
Listed 2014-12-19
$245,000
Realcomp
Listed 2014-12-19
$245,000
MiRealSource
Sold 2008-05-19
$195,000
Public Record
Sold 2000-07-07
$254,000
Public Record
Sold 1993-07-14
$143,000
Public Record

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