6 months on rocket

2363 Elmhurst St, Detroit, MI, 48206

$24,000

0.09 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240028506
Lot Size0.09 Acres
StatusActive

About 2363 Elmhurst St

Two property deal. Sold with 2373 Elmhurst. Both lots total 16,401 sqft. Property zoned as R3. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Property Details

Property Features

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Other

Directions Information:

  • Directions: TAKE CHICAGO HEADED EAST PASS DEXTER. MAKE LEFT ONTO LINWOOD. MAKE RIGHT ONTO ELMHURST.

Price Information

Listing Price Info

Price Summary:

  • List Price: $24,000
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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

2363 Elmhurst St vs Detroit

195 DAYS ON ROCKET

+150 Days

$24,000

-$61K Less

KEY TAKEAWAY

This property is $61K 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: #20240028506

Listing Office:

  • Office Name: RCH Brokerage Legacy Inc
  • Office Phone: (248) 440-2268
  • Listing Agent: Leonard A Pickett III

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: 11/17/2024, 1:20:52 PM 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

$187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$138

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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-502375
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.01 miles

  • Public Charter Grades KG-5

school-card-donut-502376
1
/10
  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.63 miles

  • Public Charter Grades PK-4

school-card-donut-502377
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 2.45 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,852. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2363 Elmhurst St

What is the listing price of this property?

The listing price of 2363 Elmhurst St property is $24,000.

What type of property is this?

The property 2363 Elmhurst St is land located in Detroit, Michigan, 48206.

Is this property for sale now?

Active Listing: 2363 Elmhurst St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2363 Elmhurst St is 0.09 acres.
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Rocket HomesMichiganWayne CountyDetroit482062363 Elmhurst St

This home is located at 2363 Elmhurst St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $24,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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