514 Mount Vernon St, Detroit, MI 48202
FOR SALE

514 Mount Vernon St
Detroit, MI 48202

North End
  • 3 Beds
  • 2 Baths
  • 1,348 sqft
  • 3 Beds
  • 2 Baths
  • 1,348 sqft

$45,000

Est. Mortgage $372/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to the latest offering from the Detroit Land Bank Authority. single family home with an attached lot ready for your development ideas. Home needs extensive rehab, but there are excellent opportunities available with this property. 506 mt vernon is also included in the sale. 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/or 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. Please refer to DLBA proposal guidelines

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$33
Listed
146 days ago

Home Details for 514 Mount Vernon St

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 9Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1348 Square Feet
Heating & Cooling
Heating: Hot Water,Natural GasNo CoolingHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: OneEntry Location: Ground Level w/Steps

Exterior Features

Exterior Home Features
Foundation: Basement, Block
Parking & Garage
No Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Farm & Range
Frontage Length: Frontage: 20'

Days on Market

Days on Market: 146

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Asbestos
Property Information
Parcel Number: W03I002082S

Price & Status

Price
List Price: $45,000Price Per Sqft: $33
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: DetroitCommunity: Kochs Sub (plats)
School Information
Elementary School District: DetroitJr High / Middle School District: DetroitHigh School District: Detroit

Agent Information

Listing Agent
Listing ID: 20230099099

Building

Building Area
Building Area: 1348 Square Feet

HOA

Association for this Listing: Realcomp II Ltd

Lot Information

Lot Area: 3484.8 sqft

Listing Info

Special Conditions: Short Sale - No

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Quit Claims Deed

Compensation

Buyer Agency Commission: 1000Buyer Agency Commission Type: $Sub Agency Commission: 1000Sub Agency Commission Type: $Transaction Broker Commission: 1000Transaction Broker Commission Type: $
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 20230099099

Additional Information

Publish Sale Price: 1
Last check for updates: about 18 hours ago
Listing courtesy of Gene Kelley II, (248) 723-0055
Real Estate One-Southfield, (248) 723-0055
Patricia A Phillips, (248) 723-0059
Real Estate One-Southfield, (248) 723-0055
Originating MLS: Realcomp II Ltd
Source: Realcomp II, MLS#20230099099

Price History for 514 Mount Vernon St

DatePriceEventSource
12/06/2023$45,000Listed For SaleRealcomp II #20230099099

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Property Taxes and Assessment

Year2018
Tax
Assessment$16,400
Home facts updated by county records

Comparable Sales for 514 Mount Vernon St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$179,000
12/04/23
4
2
2,018
0.15
Single-Family Home
$70,000
06/26/23
4
2
1,504
0.12
Single-Family Home
$86,000
02/21/24
4
2
1,758
0.14
Single-Family Home
$212,500
10/24/23
3
1
1,429
0.14
Single-Family Home
$85,000
04/18/24
3
2
1,776
0.07
Single-Family Home
$336,000
08/28/23
4
4
2,000
0.42
Single-Family Home
$70,000
08/17/23
5
2
1,467
0.06
Single-Family Home
$97,000
10/06/23
5
1
1,482

What Locals Say about North End

  • Jonathan M.
    "It’s diverse and has a cooperative farm and unique works of art. It has historical significance and it’s proximity to downtown is excellent. "
    1
    Flag
  • Everi1aj
    "Block parties and lots of family gatherings happen on this block. Everyone is friendly and welcoming of new comers. Lots of parks near by and close commute to midtown/ downtown"
    22
    Flag
  • Mary E.
    "I have two dogs and I always walk them. There are ppl who walk their dogs in my neighborhood and at least 4 dog owners on my street. Some people are scared of dogs, but mine are fairly well behaved. "
    3
    Flag

LGBTQ Local Legal Protections

Gene Kelley II, Real Estate One-Southfield
IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-02-12 12:03:06 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
514 Mount Vernon St, Detroit, MI 48202 is a 3 bedroom, 2 bathroom, 1,348 sqft single-family home built in 1910. 514 Mount Vernon St is located in North End, Detroit. This property is currently available for sale and was listed by Realcomp II on Dec 6, 2023. The MLS # for this home is MLS# 20230099099.