314 MOUNT VERNON Avenue Detroit, MI $ 9,900
314 MOUNT VERNON Avenue
$ 9,900
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314 MOUNT VERNON Avenue

Detroit, MI, 48236
$ 9,900
Baths0.0

Monthly Estimate*

$ 62

314 MOUNT VERNON Avenue, Detroit, MI 48236 - Image 1
314 MOUNT VERNON Avenue, Detroit, MI 48236 - Image 2
Studio

Lots and Land for sale in Detroit, MI

for $9,900. The lot size is 0.08.

This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. Please note that 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 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. Please see attached documents for DLBA requirements and offer submission information.

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Lots and Land Active

Price

$ 9,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,513

Style

UnimprovedLand

Lot Size

0.08

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20221031973

Features
General
Sewer SewerAtStreet
Possession AtClose
Garage Spaces 0.0
Property Subtype UnimprovedLand
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name LOTHROP ESTATE CO MT VERNON SUB
Garage Y/N N
Status Active
Directions TAKE WOODWARD HEADED SOUTH MAKE
City DetroitCity_Wayne
Senior Community Y/N N
High School District GrossePointe
Zoning Description Residential
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3513.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 69627
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2022-08-18
Legal Description FMZT22 LOT 22 LOTHROP ESTATE COMPANYS MT VERNON SUBN PC 231 L68 P33 WCR
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Exterior
Water Source Public
Lot Size Area 0.08
Spa N
Lot Dimensions 50.00 x 105.00
Lot Size Acres 0.08
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
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Internal Only
Street Number 1 314
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* Excluded Features
List By
Leonard A Pickett III

Listing Agent

Rch Brokerage Legacy Inc

Broker

(248) 440-2268

Phone

Affordability Calculator

$355
Per Month
17%
83%
0%
Monthly Principal & Interest
$62
Monthly Property Taxes
$293
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909218 Elementary School
4909512 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2024$9,900 -26.67% Price Down
10/17/2023$13,500 Listed Price

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314 MOUNT VERNON Avenue, Detroit, MI, 48236 is a Lots and Land for sale at $9,900 with a lot size of 0.08. 314 MOUNT VERNON Avenue is a studio with 0.0 baths. The property's zip code is 48236 which is in Detroit, MI