4 months on rocket

5286 Stanton St, Detroit, MI, 48208

$102,000

0.14 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Lot
MLS #24000614
Lot Size0.14 Acres
StatusActive

About 5286 Stanton St

Looking for a new build infill opportunity in Cork town? Sale includes 4 lots that cannot be sold separately, 5286 Stanton, 5278 Stanton, 5268 Stanton and 5260 Stanton. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS

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: 0.14 Acres

Other

Directions Information:

  • Directions: S. of I-94, E. of Linwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $102,000
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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

5286 Stanton St vs Detroit

136 DAYS ON ROCKET

+91 Days

$102,000

+$20.9K More

KEY TAKEAWAY

This property is $20.9K 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: #24000614

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: 5/17/2024, 5:20:40 PM 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

$577

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$372

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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-2768942
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.05 miles

  • Public Charter Grades KG-5

school-card-donut-2768943
2
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.38 miles

  • Public Charter Grades KG-5

school-card-donut-2768944
1
/10

  • Voyageur Academy

  • 4321 Military St

  • 1.94 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 $37,530. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. 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 5286 Stanton St

What is the listing price of this property?

The listing price of 5286 Stanton St property is $102,000.

What type of property is this?

The property 5286 Stanton St is land located in Detroit, Michigan, 48208.

Is this property for sale now?

Active Listing: 5286 Stanton St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5286 Stanton St is 0.14 acres.
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Rocket Homes›Michigan›Wayne County›Detroit›48208›5286 Stanton St

This home is located at 5286 Stanton St in Detroit, MI and zip code 48208 in the Core City neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $102,000.

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. 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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