4 months on rocket

264 Lenox St, Detroit, MI, 48215

$75,000

0.11 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240050294
Lot Size0.11 Acres
StatusActive

About 264 Lenox St

Discover the perfect buildable lot in one of Detroit's most sought-after locations – Jefferson Chalmers. This prime piece of real estate is situated in a neighborhood renowned for its beautiful shoreline and historic homes, offering a unique blend of old-world charm and modern potential. Directly across the street, a $3 million per unit development is underway, highlighting the area's significant investment and rapid growth. This resurgence in Detroit is transforming Jefferson Chalmers into a hotspot for both residents and investors. The lot's proximity to the water provides a serene setting, while its location within the city ensures easy access to all the amenities and cultural attractions Detroit has to offer. This is a rare opportunity to secure a prime location in a thriving community. Please note: NO SELLER FINANCING, LAND CONTRACTS, OR SUBJECT TO OFFERS. All offers must be ALL CASH. Don't miss out on the chance to be part of Detroit's exciting revitalization in a neighborhood that perfectly balances historic charm with contemporary development potential. Contact us today to make this prime buildable lot yours!

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Dylan Tanaka

Virtual/3D Tour

  • Virtual Tour: 264 Lenox St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: Dickerson to Lennox East off Jefferson

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000

Tax Information:

  • Annual Amount: $20
  • Tax Year: 2021
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Housing Market Comparison

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

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

264 Lenox St vs Detroit

132 DAYS ON ROCKET

+87 Days

$75,000

-$10K Less

KEY TAKEAWAY

This property is $10K 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: #20240050294

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Dylan Tanaka

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: 11/21/2024, 4:20:52 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$20$1,100
2020$34$2,400
2018$34$400
2017$35$400

History based on county public records data.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-360190
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.65 miles

  • Public District Grades KG-5

school-card-donut-360191
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 3.73 miles

  • Public Charter Grades KG-5

school-card-donut-360192
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 3.91 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,804. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 264 Lenox St

What is the listing price of this property?

The listing price of 264 Lenox St property is $75,000.

What type of property is this?

The property 264 Lenox St is land located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 264 Lenox St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $20 (source: MLS/based on county public records data).

How much acreage is this property?

The property 264 Lenox St is 0.11 acres.
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(855) 200-2001

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Rocket Homes›Michigan›Wayne County›Detroit›48215›264 Lenox St

This home is located at 264 Lenox St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $75,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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