4 months on rocket

571 E Edsel Frd, Detroit, MI, 48202

$130,000

0.10 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Lot
MLS #24000638
Lot Size0.10 Acres
StatusActive

About 571 E Edsel Frd

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 Talley

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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

571 E Edsel Frd vs Detroit

121 DAYS ON ROCKET

+76 Days

$130,000

+$48.9K More

KEY TAKEAWAY

This property is $48.9K 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: #24000638

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, 12:20:38 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

$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-5071121
3
/10

  • Ann Visger Elementary School

  • 11121 W Jefferson Ave

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-5071122
4
/10

  • Allendale Elementary School

  • 3201 Oakwood Blvd

  • 1.31 miles

  • Public District Grades 2-5

school-card-donut-5071123
1
/10

  • Ralph J. Bunche Academy

  • 503 Hyacinthe St

  • 1.34 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,028. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 571 E Edsel Frd

What is the listing price of this property?

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

What type of property is this?

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

Is this property for sale now?

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

How much acreage is this property?

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

This home is located at 571 E Edsel Frd in Detroit, MI and zip code 48202 in the Boynton / Oakwood neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $130,000.

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 number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. 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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