3 months on rocket

2939 Park Ave, Detroit, MI, 48201

$1,100,000

0.07 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240065225
Lot Size0.07 Acres
StatusActive

About 2939 Park Ave

This commercial vacant land is steps away from Little Caesars Arena downtown Detroit, in the heart of the city just a block off Woodward Avenue and Cass Avenue in Downtown Detroit! Plenty of new restaurants, projects, and views galore. This property has been surveyed and has marked property lines to accurately know the dimensions of the property. Purchaser to pay 495 processing fee to listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Property Details

Property Features

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Rashad Elabed

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: Steps away from Little Caesars Arena and Woodward Avenue in Downtown Detroit

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $194
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

2939 Park Ave vs Detroit

107 DAYS ON ROCKET

+58 Days

$1,100,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M 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: #20240065225

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Rashad Elabed

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: 12/18/2024, 10:21:07 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$194$36,300
2020$364$35,600
2018$364$2,100
2017$364$1,400

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-4500685
8
/10
  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.25 miles

  • Public District Grades KG-5

school-card-donut-4500686
3
/10
  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.43 miles

  • Public Charter Grades KG-5

school-card-donut-4500687
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.64 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,157. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2939 Park Ave

What is the listing price of this property?

The listing price of 2939 Park Ave property is $1,100,000.

What type of property is this?

The property 2939 Park Ave is land located in Detroit, Michigan, 48201.

Is this property for sale now?

Active Listing: 2939 Park Ave 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 $194 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2939 Park Ave is 0.07 acres.
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Rocket HomesMichiganWayne CountyDetroit482012939 Park Ave

This home is located at 2939 Park Ave in Detroit, MI and zip code 48201 in the Downtown neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $1,100,000.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

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