New Construction
Address
2447 Mt Elliott Detroit, MI
Price
$ 500,000
Property Attributes
  • ML#2200052792
  • TypeLand
  • CountyWAYNE
  • CityDetroit
  • AreaDet Woodward-Mcclellan-So Mack
  • NeighborhoodELMWOOD PARK URBAN RENEWAL PLAT NO 3
  • Zip48207
  • StyleVacant Land
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.83 Acres
Listing Provided Courtesy Of:
RCH Brokerage Legacy Inc
Data Source:
REALCOMP II LTD.
Property Description

GREAT PROPERTY FOR INFILL BUILDING LOCATED IN ELMWOOD PARK. VACANT LOT (3650 E VERNOR)IS INCLUDED IN DEAL. THIS PROPERTY IN WALKING DISTANCE FROM DETROIT'S EASTERN MARKET AND MINUTES AWAY FROM DOWNTOWN DETROIT.BUYER MUST SUBMIT AN APP TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL 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 & 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.

Price History
7/14/2020 Listed $500,000

General Features

Cumulative Days on Market 284
Listing Agent Public Id 306589
Originating MLS Realcomp II Ltd
Ownership Status Government Owned, Short Sale - No
Parcel Number W13I009933C5
Possession At Close
Property Type Vacant Land
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name ELMWOOD PARK URBAN RENEWAL PLAT NO 3 (ALSO P63-70)
Terms Offered Cash
Transaction Type Sale
Zoning Residential

Exterior Features

Lot Size Area 0.83
Lot Size Dimensions 126.00X290.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of April 18, 2021 5:35 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48207

Price
AVG $70K
$500K

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