NOT LISTED FOR SALE

Estimated Value: $56,000 - $68,000

0.1 Acre
$623,330 Price per Acre
4,356 Sq Ft Lot

Last Sold November 16, 2022

Last sale price $5,600 $10 Per Sq Ft

Est. 1,013% increase in value since last sale

Current estimated payment $350/month

525 Days on Market

About This Lot

As of November 2022

**All Offers Due 1/10 5pm**Vacant Land - 7 Adjacent Parcels for Sale in the Brightmoor sub and close to major freeways. Addresses include 14657, 14617, 14621, 14627, 14635, 14641 and 14649 Chapel. The Detroit Land Bank Authority is looking for a Thoughtful Land Based Project for this site. A Land Based Project uses land for urban agriculture, gardening, beautification, and other productive uses, whether for profit or as a community based activity. All offers need to include a plot plan showing how the buyer intends to activate the site. Please refer to the attached Plot Plan Instructions and DLBA proposal guidelines attached to listing.

Last Listed By

Natasha Richards

Bellabay Realty Tri Counties License #6502385914 Listed on: 04/24/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30

Year Built

  • 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34.00x130.00
  • Property is zoned Agricultural, Multi-Family, Multiple

Utilities

  • Sewer in Street

Community Details

  • B E Taylors Brightmoor Hayes Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I111732S

Property Details

Property Type

Land

Est. Annual Taxes

$30

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 400.0000
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1925

Exterior Features

  • Frontage Feet: 34
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 34.00X130.00
  • Parcel Number: W22I111732S
  • Zoning: Agricultural, Multi-Family, Multiple, Residential

Tax Info

  • Taxable Value: 400.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Nov 15, 2022
Sold by
Detroit Land Bank Authority
Bought by
Seedfolx Farm Llc
Seller's Agent
Natasha Richards
Bellabay Realty Tri Counties
Buyer's Agent
Lakeia Whitson
Keller Williams Legacy
List Price
$5,600
Sold Price
$5,600
Total Days on Market
525
Current Estimated Value
$62,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,733
Avg. Annual Appreciation
162.67%

Purchase Details

Closed on
Oct 26, 2017
Sold by
The State Of Michigan
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Oct 5, 2012
Sold by
Wayne County Treasurer
Bought by
Michigan Land Bank Fast Track Auth

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seedfolx Farm Llc $5,600 --
The Detroit Land Bank Authority -- None Available
Michigan Land Bank Fast Track Auth -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $5,600 0.0% $10 / Sq Ft
01/06/2022 01/06/22 For Sale $5,600 0.0% $10 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
02/08/2021 02/08/21 Pending -- -- --
07/27/2020 07/27/20 Price Changed $5,600 -20.0% $10 / Sq Ft
04/24/2020 04/24/20 For Sale $7,000 -- $12 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30 $400 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $683 $0 $0 $0
2019 $683 $0 $0 $0
2018 $0 $400 $0 $0
2017 $7 $400 $0 $0
2016 $365 $4,800 $0 $0
2015 $480 $4,800 $0 $0
2013 $600 $6,000 $0 $0
2010 -- $8,598 $649 $7,949
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 2200027310

Realcomp

APN: 22-111732