Description
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5709, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. 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 and lot combinations 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 abatements on the purchase and development financing.
Details
| MLS# | 2200083635 |
|---|
| Listing Type | For Sale |
|---|
| Style | House |
|---|
| Sub-Type | Resale |
|---|
| Status | Active |
|---|
| Year | 1910 |
|---|
| Days On Site | 187 |
|---|
Features
| Bed(s) | 3 |
|---|
| Bath(s) | 1 Total |
|---|
| Story(s) | 2 Story |
|---|
| Acreage | 0.07 |
|---|
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|
| Date: Mar 2021 | Sales: 1 | Avg $ Per SqFt: $9.48 | Min Sale Price: $13,000 | Max Sale Price: $13,000 | Med Sale Price: $13,000 |
| Date: Feb 2021 | Sales: 3 | Avg $ Per SqFt: $142.33 | Min Sale Price: $27,500 | Max Sale Price: $445,000 | Med Sale Price: $318,000 |
| Date: Jan 2021 | Sales: 2 | Avg $ Per SqFt: $11 | Min Sale Price: $1,500 | Max Sale Price: $45,000 | Med Sale Price: $23,250 |
| Date: Dec 2020 | Sales: 7 | Avg $ Per SqFt: $45.45 | Min Sale Price: $900 | Max Sale Price: $250,000 | Med Sale Price: $46,500 |
| Date: Nov 2020 | Sales: 4 | Avg $ Per SqFt: $1.48 | Min Sale Price: $1,125 | Max Sale Price: $2,500 | Med Sale Price: $1,500 |
| Date: Oct 2020 | Sales: 5 | Avg $ Per SqFt: $82.87 | Min Sale Price: $1,250 | Max Sale Price: $282,500 | Med Sale Price: $35,000 |
| Date: Sep 2020 | Sales: 3 | Avg $ Per SqFt: $81.74 | Min Sale Price: $1,500 | Max Sale Price: $165,000 | Med Sale Price: $1,500 |
| Date: Aug 2020 | Sales: 3 | Avg $ Per SqFt: $90.24 | Min Sale Price: $1,300 | Max Sale Price: $350,000 | Med Sale Price: $130,000 |
| Date: Jul 2020 | Sales: 9 | Avg $ Per SqFt: $58.84 | Min Sale Price: $1,650 | Max Sale Price: $263,000 | Med Sale Price: $35,000 |
| Date: Jun 2020 | Sales: 6 | Avg $ Per SqFt: $149.01 | Min Sale Price: $1,300 | Max Sale Price: $227,500 | Med Sale Price: $118,000 |
| Date: May 2020 | Sales: 9 | Avg $ Per SqFt: $53.48 | Min Sale Price: $1,800 | Max Sale Price: $429,000 | Med Sale Price: $22,000 |
| Date: Apr 2020 | Sales: 1 | Avg $ Per SqFt: $13.02 | Min Sale Price: $17,500 | Max Sale Price: $17,500 | Med Sale Price: $17,500 |
| Mar 2021 |
|---|
| Sales: | 1 |
| Avg $ Per SqFt: | $9.48 |
| Min Sale Price: | $13,000 |
| Max Sale Price: | $13,000 |
| Med Sale Price: | $13,000 |
| Feb 2021 |
|---|
| Sales: | 3 |
| Avg $ Per SqFt: | $142.33 |
| Min Sale Price: | $27,500 |
| Max Sale Price: | $445,000 |
| Med Sale Price: | $318,000 |
| Jan 2021 |
|---|
| Sales: | 2 |
| Avg $ Per SqFt: | $11 |
| Min Sale Price: | $1,500 |
| Max Sale Price: | $45,000 |
| Med Sale Price: | $23,250 |
| Dec 2020 |
|---|
| Sales: | 7 |
| Avg $ Per SqFt: | $45.45 |
| Min Sale Price: | $900 |
| Max Sale Price: | $250,000 |
| Med Sale Price: | $46,500 |
| Nov 2020 |
|---|
| Sales: | 4 |
| Avg $ Per SqFt: | $1.48 |
| Min Sale Price: | $1,125 |
| Max Sale Price: | $2,500 |
| Med Sale Price: | $1,500 |
| Oct 2020 |
|---|
| Sales: | 5 |
| Avg $ Per SqFt: | $82.87 |
| Min Sale Price: | $1,250 |
| Max Sale Price: | $282,500 |
| Med Sale Price: | $35,000 |
| Sep 2020 |
|---|
| Sales: | 3 |
| Avg $ Per SqFt: | $81.74 |
| Min Sale Price: | $1,500 |
| Max Sale Price: | $165,000 |
| Med Sale Price: | $1,500 |
| Aug 2020 |
|---|
| Sales: | 3 |
| Avg $ Per SqFt: | $90.24 |
| Min Sale Price: | $1,300 |
| Max Sale Price: | $350,000 |
| Med Sale Price: | $130,000 |
| Jul 2020 |
|---|
| Sales: | 9 |
| Avg $ Per SqFt: | $58.84 |
| Min Sale Price: | $1,650 |
| Max Sale Price: | $263,000 |
| Med Sale Price: | $35,000 |
| Jun 2020 |
|---|
| Sales: | 6 |
| Avg $ Per SqFt: | $149.01 |
| Min Sale Price: | $1,300 |
| Max Sale Price: | $227,500 |
| Med Sale Price: | $118,000 |
| May 2020 |
|---|
| Sales: | 9 |
| Avg $ Per SqFt: | $53.48 |
| Min Sale Price: | $1,800 |
| Max Sale Price: | $429,000 |
| Med Sale Price: | $22,000 |
| Apr 2020 |
|---|
| Sales: | 1 |
| Avg $ Per SqFt: | $13.02 |
| Min Sale Price: | $17,500 |
| Max Sale Price: | $17,500 |
| Med Sale Price: | $17,500 |
Request a showing
Request a showing
MLS Number: 2200083635