3 years on rocket

1408 Lansing, Detroit, MI, 48209

$35,000

0.13 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #2210010609
Lot Size0.13 Acres
StatusActive

About 1408 Lansing

Great property for infill building. Sold with 2 vacant lots (1414 Lansing and 4612 Porter). Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review request 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 requirements and offer submission information.

Property Details

Property Features

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: TAKE VERNON HEADED EAST PASS JUNCTION MKE RIGHT ONTO LANSING

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,000
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

1408 Lansing vs Detroit

1167 DAYS ON ROCKET

+1122 Days

$35,000

-$46K Less

KEY TAKEAWAY

This property is $46K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #2210010609

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$242

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$171

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4680764
3
/10
  • Voyageur Academy

  • 4321 Military St

  • 1.70 miles

  • Public Charter Grades KG-4

school-card-donut-4680765
6
/10
  • Cesar Chavez Academy Intermediate School

  • 4100 Martin St

  • 1.77 miles

  • Public Charter Grades 3-5

school-card-donut-4680766
4
/10
  • Salina Intermediate School

  • 2623 Salina St

  • 2.78 miles

  • Public District Grades 4-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,822. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1408 Lansing

What is the listing price of this property?

The listing price of 1408 Lansing property is $35,000.

What type of property is this?

The property 1408 Lansing is land located in Detroit, Michigan, 48209.

Is this property for sale now?

Active Listing: 1408 Lansing is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1408 Lansing is 0.13 acres.
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Rocket HomesMichiganWayne CountyDetroit482091408 Lansing

This home is located at 1408 Lansing in Detroit, MI and zip code 48209 in the Near West neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since February 20, 2021 and is currently priced at $35,000.

While more than 94 listings in Detroit, MI in April 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 243 were sold below. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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