Property needs a full rehab top to bottom, but don't let that scare you away!! This 5 unit is looking for the right investor and will certainly turn a profit on this corner lot with great potential. Sale contingent on buyer/seller executed development agreement. All offers must be supported by proof of funds for both purchase price and construction costs. 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 and lot combinations 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 abatements on the purchase and development financing.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1928
Living Area: 4,890 SqFt
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 5
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: Joy to Lawton, Right on Clairmount
Price Information
Listing Price Info
Price Summary:
List Price: $8,000
Price Per SqFt: $2/SqFt
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $77K less than the Median Sold Price and $66/SqFt less than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240024323
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
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.
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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.
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Nearby Schools
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school1.55 miles
Public Charter Grades KG-5
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.99 miles
Public Charter Grades KG-5
2
/10
University Preparatory Academy Psad Elementary School
435 Amsterdam St
Distance between this listing and this school2.12 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Durfee Elementary-Middle School
2425 Tuxedo St
Distance between this listing and this school0.89 miles
Public District Grades KG-8
1
/10
Thirkell Elementary-Middle School
7724 14th St
Distance between this listing and this school0.94 miles
Public District Grades KG-8
1
/10
Sampson-Webber Leadership Academy
4700 Tireman St
Distance between this listing and this school1.19 miles
Public District Grades PK-8
Nearby Schools
1
/10
Central Academy and High School
2425 Tuxedo St
Distance between this listing and this school0.89 miles
Public District Grades 9-12
3
/10
Northwestern High School
2200 W Grand Blvd
Distance between this listing and this school1.04 miles
Public District Grades 9-12
5
/10
Detroit International Academy for Young Women
9026 Woodward Ave
Distance between this listing and this school1.90 miles
The neighbors living near this home have an average income of $30,224. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 3200 Clairmount St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This 4,890 square foot home, which was built in 1928, sits on a 0.10 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $8,000.
Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024 median list price was $85,016 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.