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314 MOUNT VERNON Avenue Detroit, MI 48236
3,484 Sqft Lot
UPDATED:
11/25/2024 07:44 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Lothrop Estate Co Mt Vernon Sub
MLS Listing ID 20221031973
Originating Board Realcomp II Ltd
Annual Tax Amount $3,513
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 50.00 x 105.00
Property Description
This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information.
Location
State MI
County Wayne
Area Grosse Pointe Farms
Zoning Residential
Direction TAKE WOODWARD HEADED SOUTH MAKE
Exterior
Road Frontage Paved
Building
Sewer Sewer at Street
Water Public (Municipal)
Schools
School District Grosse Pointe
Others
Tax ID 38010070022000
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
©2024 Realcomp II Ltd. Shareholders
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc