Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1924
Stories: 2
Living Area: 3,498 SqFt
Listing Office:
Office Name: RCH Brokerage Legacy Inc
Office Phone: (248) 440-2268
Listing Agent: Leonard A Pickett III
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 3
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Other
Directions Information:
Directions: TAKE JOY RD HEADED EAST PASS GRAND RIVER. MAKE LEFT ONTO DEXTER. TAKE TO GLYNN CT MAKE A LEFT. PROPERTY AT THE END OF STREET MAKE SLIGHT RIGHT ONTO MCQUADE.
Price Information
Listing Price Info
Price Summary:
List Price: $10,000
Price Per SqFt: $3/SqFt
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $72.6K less than the Median Sold Price and $69/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: #20240002477
Listing Office:
Office Name: RCH Brokerage Legacy Inc
Office Phone: (248) 440-2268
Listing Agent: Leonard A Pickett III
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Henry Ford Academy:School For Creative Studies-Ele
10225 3rd St
Distance between this listing and this school1.77 miles
Public Charter Grades KG-5
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school2.52 miles
Public Charter Grades KG-5
5
/10
McDonald Elementary School
10151 Diversey St
Distance between this listing and this school2.60 miles
Public District Grades PK-5
Nearby Schools
2
/10
Hope Academy
12121 Broadstreet Ave
Distance between this listing and this school0.69 miles
Public Charter Grades KG-8
2
/10
Flagship Charter Academy
13661 Wisconsin St
Distance between this listing and this school1.93 miles
Public Charter Grades KG-8
5
/10
Joy Preparatory Academy
15055 Dexter Ave
Distance between this listing and this school1.95 miles
Public Charter Grades 3-8
Nearby Schools
2
/10
Central Collegiate Academy
2425 Tuxedo St
Distance between this listing and this school0.84 miles
Public District Grades 9-12
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school2.49 miles
Public Charter Grades 6-12
4
/10
University Preparatory Academy (Psad)-High School
600 Antoinette St
Distance between this listing and this school2.67 miles
The neighbors living near this home have an average income of $12,228. The majority of Detroit, MI residents have income less than $35k annually. 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 9953 Mcquade St in Detroit, MI and zip code 48206 in the Winterhalter neighborhood. This 3,498 square foot home, which was built in 1924, sits on a 0.09 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $10,000.
In May 2024, from all listings sold in Detroit, MI there were more than 116 sold above asking price, over 246 sold below and more than 71 were sold right at the asked price. In May 2024 in Detroit, MI there were 9.9% more homes for sale than in April 2024. While the average time on the market in May 2024 was 49 days, the median list price was $82,639.
From Rocket Homes Real Estate and based on county public records data.