13 days on rocket

571 E Edsel Ford Fwy, Detroit, MI, 48202

$130,000

0.10 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20240024630
Lot Size0.10 Acres
StatusActive

About 571 E Edsel Ford Fwy

New Build Opportunity! 9 lots included in the sale include 571 E. Edsel Ford Fwy, 587 Edsel. Ford Fwy, 581 E. Ford Fwy, 5923 St. Antoine, 590 Harper, 580 Harper, 574 Harper, 566 Harper, 556 Harper. 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 C Richards

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: N. of I-94, E. of Brush

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
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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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

571 E Edsel Ford Fwy vs Detroit

13 DAYS ON ROCKET

-36 Days

$130,000

+$49.8K More

KEY TAKEAWAY

This property is $49.8K more 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: #20240024630

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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: 5/1/2024, 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 - -

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-4141711
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 0.55 miles

  • Public Charter Grades KG-5

school-card-donut-4141712
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.81 miles

  • Public Charter Grades KG-5

school-card-donut-4141713
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.53 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 $14,383. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 571 E Edsel Ford Fwy

What is the listing price of this property?

The listing price of 571 E Edsel Ford Fwy property is $130,000.

What type of property is this?

The property 571 E Edsel Ford Fwy is land located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 571 E Edsel Ford Fwy is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 571 E Edsel Ford Fwy is 0.10 acres.
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Rocket Homes›Michigan›Wayne County›Detroit›48202›571 E Edsel Ford Fwy

This home is located at 571 E Edsel Ford Fwy in Detroit, MI and zip code 48202 in the Downtown neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $130,000.

Over 94 listings were sold over their listed price in March 2024 in Detroit, MI. In the same period over 224 listings were sold below the listed price and 74 listings were sold for the listed price. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. Listings spent 49 days on the market in March 2024, and had a median list price of $80,163 during the same period.

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

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