Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 249 Mt Vernon, 253 Mt Vernon, and 265 Mt. Vernon = 48k. Totaling = 13,211 sqft. Not sold separately. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. BATVAI. Please see attached documents for DLBA guidelines.
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: 0.08 Acres
School Info
Assigned Schools Information:
Grosse Pointe South High School, Public District Grades 9-12
Brownell Middle School, Public District Grades 6-8
Other
Directions Information:
Directions: TAKE WOODWARD HEAD SOUTH PASS HOLBROOK RD MAKE LEFT ONTO MT.VERNON
Price Information
Listing Price Info
Price Summary:
List Price: $12,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grosse Pointe Farms, MI.
This property is $537.5K less than the Median Sold Price in Grosse Pointe Farms, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #2200016561
Listing Office:
Office Name: RCH Brokerage Legacy Inc
Office Phone: (248) 440-2268
Listing Agent: Leonard A Pickett III
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$127
Per Month
Principal & Interest
$60
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$102
Powered By
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.
Middle School
9
/10
Brownell Middle School
260 Chalfonte Ave
Distance between this listing and this school0.46 miles
Public District Grades 6-8
High School
10
/10
Grosse Pointe South High School
11 Grosse Pointe Blvd
Distance between this listing and this school0.82 miles
Public District Grades 9-12
Nearby Schools
4
/10
John Monteith Elementary School
1275 Cook Rd
Distance between this listing and this school1.54 miles
Public District Grades KG-5
1
/10
Tyrone Elementary School
19525 Tyrone St
Distance between this listing and this school2.04 miles
Public Magnet Grades 4-6
6
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school2.18 miles
Public District Grades KG-5
Assigned Schools
9
/10
Brownell Middle School
260 Chalfonte Ave
Distance between this listing and this school0.46 miles
Public District Grades 6-8
Nearby Schools
9
/10
Pierce Middle School
15430 Kercheval Ave
Distance between this listing and this school2.18 miles
Public District Grades 6-8
3
/10
Detroit Merit Charter Academy
1091 Alter Rd
Distance between this listing and this school2.65 miles
Public Charter Grades KG-8
Assigned Schools
10
/10
Grosse Pointe South High School
11 Grosse Pointe Blvd
Distance between this listing and this school0.82 miles
Public District Grades 9-12
Nearby Schools
7
/10
Grosse Pointe North High School
707 Vernier Rd
Distance between this listing and this school2.46 miles
Public District Grades 9-12
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school3.15 miles
The neighbors living near this home have an average income of $147,596. Typical income of Grosse Pointe Farms, MI residents is $200k+ annually. The majority of families are married, 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 259 Mount Vernon Ave
What is the listing price of this property?
The listing price of 259 Mount Vernon Ave property is $12,000.
What type of property is this?
The property 259 Mount Vernon Ave is land located in Detroit, Michigan, 48236.
Is this property for sale now?
Active Listing: 259 Mount Vernon Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 259 Mount Vernon Ave are: Brownell Middle School: GreatSchools Rating 9/10Grosse Pointe South High School: GreatSchools Rating 10/10
How much acreage is this property?
The property 259 Mount Vernon Ave is 0.08 acres.
Interested in 259 Mount Vernon Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 259 Mount Vernon Ave in Detroit, MI and zip code 48236. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since March 03, 2020 and is currently priced at $12,000.
Over 6 listings were sold over their listed price in October 2024 in Grosse Pointe Farms, MI. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Grosse Pointe Farms, MI increased by 14.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $549,500, while the average time on the real estate market was 20 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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. 
Live Theatre
Live Theatre
Hiking/backpacking
Men's Tennis
Bloomingdales
Nordstrom Rack
Crate & Barrel
Boston Market
Starbucks
The Cheesecake Factory
Mercedes
Audi
Volvo
News
Alternative