4 years on rocket

259 Mount Vernon Ave, Detroit, MI, 48236

$12,000

0.08 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #2200016561
Lot Size0.08 Acres
StatusActive

About 259 Mount Vernon Ave

Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 249 Mt Vernon, 253 Mt Vernon, and 265 Mt. Vernon = $48,000. Totaling = 13,211 sqft. Not sold separately. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. BATVAI. Please see attached documents for DLBA guidelines.

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

School Info

Assigned Schools Information:

  • Grosse Pointe South High School, Public District Grades 9-12
  • Brownell Middle School, Public District Grades 6-8
  • Kerby Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: TAKE WOODWARD HEAD SOUTH PASS HOLBROOK RD MAKE LEFT ONTO MT.VERNON

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000
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Housing Market Comparison

See how this home compares to others in Grosse Pointe Farms, MI.

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Grosse Pointe Farms, MI

City

Med. Sold Price

$460K

Med. Price/SqFt

$235

Avg. Days On Market

45

# of Sold Homes

6

259 Mount Vernon Ave vs Grosse Pointe Farms

1518 DAYS ON ROCKET

+1473 Days

$12,000

-$448K Less

KEY TAKEAWAY

This property is $448K less than the Median Sold Price in Grosse Pointe Farms, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #2200016561

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: 4/30/2024, 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

$127

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$102

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Rocket Mortgage

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.

Elementary School

school-card-donut-3487337
8
/10

  • Kerby Elementary School

  • 285 Kerby Rd

  • 0.46 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3487338
7
/10

  • Brownell Middle School

  • 260 Chalfonte Ave

  • 0.46 miles

  • Public District Grades 6-8

High School

school-card-donut-3487339
8
/10

  • Grosse Pointe South High School

  • 11 Grosse Pointe Blvd

  • 0.82 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $147,596. Most Grosse Pointe Farms, MI residents have annual incomes $200k+. Typical family type is married, 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 259 Mount Vernon Ave

What is the listing price of this property?

The listing price of 259 Mount Vernon Ave property is $12,000.

What type of property is this?

The property 259 Mount Vernon Ave is land located in Detroit, Michigan, 48236.

Is this property for sale now?

Active Listing: 259 Mount Vernon Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 259 Mount Vernon Ave are:
Kerby Elementary School: GreatSchools Rating 8/10
Brownell Middle School: GreatSchools Rating 7/10
Grosse Pointe South High School: GreatSchools Rating 8/10

How much acreage is this property?

The property 259 Mount Vernon Ave is 0.08 acres.
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Rocket Homes›Michigan›Wayne County›Grosse Pointe Farms›48236›259 Mount Vernon Ave

This home is located at 259 Mount Vernon Ave in Detroit, MI and zip code 48236. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since March 03, 2020 and is currently priced at $12,000.

Over 1 listings were sold over their listed price in March 2024 in Grosse Pointe Farms, MI. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. Between February 2024 and March 2024, Grosse Pointe Farms, MI real estate market has seen increase in the number of listings by 35.3%. In March 2024 median list price was $460,000 and the average listing age was 45 days.

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

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