4 months on rocket

2417 W Edsel Frd, Detroit, MI, 48208

$101,000

0.12 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Lot
MLS #24000478
Lot Size0.12 Acres
StatusActive

About 2417 W Edsel Frd

Are you ready for an awesome build opportunity? 7 lots available for your vision include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, 5251 16th. Lots cannot be sold separate. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing

Property Details

Property Features

Listing Office:

  • Office Name: BellaBay Realty Tri-Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha Talley

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: S. of W. Edsel Ford, W. of 14th

Price Information

Listing Price Info

Price Summary:

  • List Price: $101,000
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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

2417 W Edsel Frd vs Detroit

121 DAYS ON ROCKET

+76 Days

$101,000

+$19.9K More

KEY TAKEAWAY

This property is $19.9K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24000478

Listing Office:

  • Office Name: BellaBay Realty Tri-Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha Talley

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 9:20:40 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

$572

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$369

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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-5239240
1
/10
  • Ralph J. Bunche Academy

  • 503 Hyacinthe St

  • 0.91 miles

  • Public District Grades PK-3

school-card-donut-5239241
4
/10
  • Allendale Elementary School

  • 3201 Oakwood Blvd

  • 1.16 miles

  • Public District Grades 2-5

school-card-donut-5239242
3
/10
  • Ann Visger Elementary School

  • 11121 W Jefferson Ave

  • 1.19 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2417 W Edsel Frd

What is the listing price of this property?

The listing price of 2417 W Edsel Frd property is $101,000.

What type of property is this?

The property 2417 W Edsel Frd is land located in Detroit, Michigan, 48208.

Is this property for sale now?

Active Listing: 2417 W Edsel Frd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2417 W Edsel Frd is 0.12 acres.
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Rocket HomesMichiganWayne CountyDetroit482082417 W Edsel Frd

This home is located at 2417 W Edsel Frd in Detroit, MI and zip code 48208 in the Boynton / Oakwood neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $101,000.

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. In April 2024 in Detroit, MI there were 12.7% more homes for sale than in March 2024. In April 2024 median list price was $81,036 and the average listing age was 45 days.

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

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