1 year on rocket

446 Concord St, Detroit, MI, 48207

$40,000

0.08 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20230007291
Lot Size0.08 Acres
StatusActive

About 446 Concord St

Welcome to the latest offering from the Detroit Land Bank authority. 2 Buildable lots in the island view subdivision just minutes from Belle Isle park. Sale also includes. 454 Concord. 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 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: 0.08 Acres

Other

Directions Information:

  • Directions: Jefferson go east to Concord go north

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
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Housing Market Comparison

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

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Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

446 Concord St vs Detroit

461 DAYS ON ROCKET

+416 Days

$40,000

-$41K Less

KEY TAKEAWAY

This property is $41K 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: #20230007291

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: 5/10/2024, 9:20:37 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

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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.

Nearby Schools

school-card-donut-9749109
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 0.77 miles

  • Public Charter Grades KG-5

school-card-donut-9749110
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.28 miles

  • Public Charter Grades KG-5

school-card-donut-9749111
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.73 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,420. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are 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 446 Concord St

What is the listing price of this property?

The listing price of 446 Concord St property is $40,000.

What type of property is this?

The property 446 Concord St is land located in Detroit, Michigan, 48207.

Is this property for sale now?

Active Listing: 446 Concord St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 446 Concord St is 0.08 acres.
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(855) 200-2001

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Rocket Homes›Michigan›Wayne County›Detroit›48207›446 Concord St

This home is located at 446 Concord St in Detroit, MI and zip code 48207 in the Lower East neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since February 03, 2023 and is currently priced at $40,000.

Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.

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

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