4 months on rocket

18553 James Couzens Fwy, Detroit, MI, 48235

$5,500

0.03 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240044293
Lot Size0.03 Acres
StatusActive

About 18553 James Couzens Fwy

Welcome to the latest offering from the Detroit Land Bank Authority. 3 vacant parcels totaling approximately 4000 sq.ft of land just awaiting your newest development project. Sale includes 18617 and 18613 James Couzens. Zoned residential, follow guidelines in order to submit. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land bank Authority 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Property Details

Property Features

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley II

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Other

Directions Information:

  • Directions: lodge south to 7 mile, stay on service drive til margareta right corner

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

18553 James Couzens Fwy vs Detroit

136 DAYS ON ROCKET

+91 Days

$5,500

-$79.5K Less

KEY TAKEAWAY

This property is $79.5K less 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: #20240044293

Listing Office:

  • Office Name: Real Estate One-Southfield
  • Office Phone: (248) 723-0055
  • Listing Agent: Gene Kelley II

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: 11/22/2024, 8:20:52 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

$95

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$83

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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-564168
1
/10
  • Adamsyoung Building

  • 13130 Grove St

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-564169
1
/10
  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 1.49 miles

  • Public District Grades PK-5

school-card-donut-564170
3
/10
  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 1.60 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,135. Typical income of Detroit, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18553 James Couzens Fwy

What is the listing price of this property?

The listing price of 18553 James Couzens Fwy property is $5,500.

What type of property is this?

The property 18553 James Couzens Fwy is land located in Detroit, Michigan, 48235.

Is this property for sale now?

Active Listing: 18553 James Couzens Fwy is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 18553 James Couzens Fwy is 0.03 acres.
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Rocket HomesMichiganWayne CountyDetroit4823518553 James Couzens Fwy

This home is located at 18553 James Couzens Fwy in Detroit, MI and zip code 48235 in the Upper West neighborhood. This home sits on a 0.03 acre lot. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $5,500.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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