2 months on rocket

15778 Southfield Fwy, Detroit, MI, 48223

$4,000

0.08 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20240005620
Lot Size0.08 Acres
StatusActive

About 15778 Southfield Fwy

This is a land-based site. Sold with 15774 Southfield Rd. Totaling= 6,999 sqft. These two properties zoned R2 and are located in the Greenfield-Puritan Neighborhood Enterprise Zone (NEZ). The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult DLBA proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that the DLBA 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. See attached documents for DLBA requirements and offer submission info.

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: 0.08 Acres

Other

Directions Information:

  • Directions: TAKE FENKEL HEADED EAST. PASS EVERGREEN, MAKE LEFT INTO SOUTHFIELD RD. HEAD NORTH. YOUR PROPERTY IS ON THE RIGHT. SIDE STREET PILGRAM

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000
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Housing Market Comparison

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

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

15778 Southfield Fwy vs Detroit

84 DAYS ON ROCKET

+35 Days

$4,000

-$76.1K Less

KEY TAKEAWAY

This property is $76.1K 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: #20240005620

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: 4/27/2024, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - -

History based on county public records data.

Payment Calculator

$87

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$78

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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-1011110
5
/10
  • Rutherford Winans Academy

  • 16411 Curtis St

  • 1.16 miles

  • Public Charter Grades PK-5

school-card-donut-1011111
3
/10
  • Old Redford Academy - Elementary School

  • 17195 Redford St

  • 2.26 miles

  • Public Charter Grades PK-5

school-card-donut-1011112
5
/10
  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 2.48 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,804. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 15778 Southfield Fwy

What is the listing price of this property?

The listing price of 15778 Southfield Fwy property is $4,000.

What type of property is this?

The property 15778 Southfield Fwy is land located in Detroit, Michigan, 48223.

Is this property for sale now?

Active Listing: 15778 Southfield Fwy is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 15778 Southfield Fwy is 0.08 acres.
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Rocket HomesMichiganWayne CountyDetroit4822315778 Southfield Fwy

This home is located at 15778 Southfield Fwy in Detroit, MI and zip code 48223 in the Upper West neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $4,000.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

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

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