314 MOUNT VERNON Avenue Detroit, MI 48236
LAND - Detroit, MI
- Added:
- Aug 16, 2022
- Days on Market:
- 1334
- Last Refresh:
- Apr 10 at 1:06 am
Property Features for 314 MOUNT VERNON Avenue
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 38010070022000
Taxes and HOA fees
- Tax Description
- FMZT22 LOT 22 LOTHROP ESTATE COMPANYS MT VERNON SUBN PC 231 L68 P33 WCR
- Tax Annual Amount
- 3513
Utilities
- Water source
- Public
Listing agent Leonard A Pickett III License #6501306589 (248) 440-2268
Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI (248) 440-2268
Listing date Aug 16, 2022
MLS# 20221031973
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Overview
Land Near New Center Area
This residential land is within walking distance to the Q-Line and New Center Area. The buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of the proposed development and a financing plan with proof of funds or a pre-approval letter on a new construction loan. Please note that the Detroit Land Bank Authority (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 abatements that are otherwise available to the selected purchaser. The 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.906885
- Latitude
- 42.40477
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Land within walking distance to the Q-Line.
Where is this residential land & home lot located?
The property is located at 314 MOUNT VERNON Avenue Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Walking distance to the Q‑Line; Walking distance to the New Center Area; Public water source available
