2 months on rocket

18110 Weaver St, Detroit, MI, 48228

$35,651

0.86 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20240007161
Lot Size0.86 Acres
StatusActive

About 18110 Weaver St

Welcome to the latest offering from the Detroit land Bank authority. over 37,000 sq ft of commercial space waiting for your development ideas located in the Franklin Park subdivision. This is a land-based site. 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 our 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. 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/or 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. Please refer to DLBA proposal guidelines.

Property Details

Property Features

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley II

Lot Features

Lot Information:

  • Lot Size: 0.86 Acres

Other

Directions Information:

  • Directions: Southfield fwy to plymouth follow service drive to weaver

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,651

Tax Information:

  • Annual Amount: $3,690
  • Tax Year: 2021
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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

18110 Weaver St vs Detroit

85 DAYS ON ROCKET

+40 Days

$35,651

-$45.3K Less

KEY TAKEAWAY

This property is $45.3K 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: #20240007161

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley II

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, 10:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,690 -
2020$3,690 -
2018$3,690$43,800
2017$3,667$40,900

History based on county public records data.

Payment Calculator

$245

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$173

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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-4681036
5
/10
  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 0.23 miles

  • Public Charter Grades KG-6

school-card-donut-4681037
6
/10
  • Oakman Elementary School

  • 7545 Chase Rd

  • 2.11 miles

  • Public District Grades PK-5

school-card-donut-4681038
5
/10
  • McCollough Elementary School

  • 7801 Maple St

  • 2.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,706. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18110 Weaver St

What is the listing price of this property?

The listing price of 18110 Weaver St property is $35,651.

What type of property is this?

The property 18110 Weaver St is land located in Detroit, Michigan, 48228.

Is this property for sale now?

Active Listing: 18110 Weaver St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,690 (source: MLS/based on county public records data).

How much acreage is this property?

The property 18110 Weaver St is 0.86 acres.
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Rocket HomesMichiganWayne CountyDetroit4822818110 Weaver St

This home is located at 18110 Weaver St in Detroit, MI and zip code 48228 in the West Central neighborhood. This home sits on a 0.86 acre lot. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $35,651.

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

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

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