7 months on rocket

2417 W Edsel Ford Fwy, Detroit, MI, 48208

$101,000

0.12 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240024639
Lot Size0.12 Acres
StatusActive

About 2417 W Edsel Ford Fwy

Are you ready for an awesome build opportunity? 7 lots available for your vision include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, 5251 16th. Lots cannot be sold separate. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing

Property Details

Property Features

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: S. of W. Edsel Ford, W. of 14th

Price Information

Listing Price Info

Price Summary:

  • List Price: $101,000
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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

2417 W Edsel Ford Fwy vs Detroit

213 DAYS ON ROCKET

+168 Days

$101,000

+$16K More

KEY TAKEAWAY

This property is $16K more 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: #20240024639

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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, 2:20:53 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

$572

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$369

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Rocket Mortgage

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-484042
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.00 miles

  • Public Charter Grades KG-5

school-card-donut-484043
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.31 miles

  • Public Charter Grades KG-5

school-card-donut-484044
2
/10
  • Academy of the Americas at Logan

  • 3811 Cicotte St

  • 2.28 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,530. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2417 W Edsel Ford Fwy

What is the listing price of this property?

The listing price of 2417 W Edsel Ford Fwy property is $101,000.

What type of property is this?

The property 2417 W Edsel Ford Fwy is land located in Detroit, Michigan, 48208.

Is this property for sale now?

Active Listing: 2417 W Edsel Ford Fwy is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2417 W Edsel Ford Fwy is 0.12 acres.
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Rocket Homes›Michigan›Wayne County›Detroit›48208›2417 W Edsel Ford Fwy

This home is located at 2417 W Edsel Ford Fwy in Detroit, MI and zip code 48208 in the Core City neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $101,000.

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 inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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