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48208 Market info

$99,000

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  • 0.1 Acres
  • MLS# 20240024628
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Great development opportunity in the New Center Area. 3 lots to be sold together, 5287 Stanton, 2525 Edsel Ford, 5278 Stanton. Lots cannot be separated. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing

Property Information

Status
Active 
Address
5287 Stanton Street 
City
Detroit 
Zip
48208 
Lot Size
0.10 
Lot Dimensions:
41 x 110 
Zoning
Residential
Water
Public (Municipal) 
Listing Date
04/17/2024 
Subdivision
More Than One Subdivision Involved 
County
Wayne 

School Information

School District
Detroit 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
24000616 Canceled Active Jul 23 2024 5:03PM 210
20240024628 Active Apr 17 2024 5:43PM $99,000 273
24000616 Active Jan 2 2024 4:31PM $99,000 210
20230055523 Withdrawn Active Jan 1 2024 2:31AM 118
20230055523 Active Sep 5 2023 10:36AM $99,000 118
School Information
Local Business

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Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Bellabay Realty Tri Counties
(248) 274-6614
Office Address 37361 Eight Mile Road

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5287 Stanton Street Detroit
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$99,000
For Sale • Acres: 0.1 • School District: Detroit