Pending

$525,000

3418-3426 John R St, Detroit, MI 48201

9beds

5,550sqft

Est.:

Townhouse

Built in 1903

4,356 Square Feet Lot

$942,500 Zestimate^®

$95/sqft

$-- HOA

What's special

Amazing BRUSH PARK Residential Development Opportunity in the heart of Detroit. One of a kind opportunity to be neighbors with some of the most monumental redevelopments in Detroits resurgence, such as Little Caesars Arena, Wayne State University Mike Illitch School of Business, Detroit Medical Center, and many more. The Detroit Land Bank Authority is seeking a developer for a prime development site comprised of a vacant shell to be transformed into apartment or condo use under the current R5 Zoning - Minimum Density Residential District. The site contains 3 adjacent structures: 3418, 3422 and 3426 John R Street. Detailed proposals are not limited to site plans, Proof of Funds for both the acquisition and construction costs, as well as developer experience. The Development Proposal Guidelines and offer instructions are attached to listing. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer. All proposals are due November 14, 2021.

212 days

21

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 9
Full bathrooms: 6
1/2 bathrooms: 3

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 5,550 sqft
Finished area above ground: 5,550

Property

Parking

Parking features: No Garage

Features

Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Exterior features: Balcony
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 64.00 x 73.00
Features: Level

Details

Parcel number: W01I004056S002
Special conditions: Government Owned,Short Sale No

Construction

Type & style

Home type: Townhouse
Architectural style: Townhouse
Property subtype: Townhouse

Materials

Brick, Stone
Foundation: Basement, Brick Mortar, Stone
Roof: Rubber

Condition

Year built: 1903

Utilities & green energy

Sewer: Sewer At Street
Water: Waterat Street

Community & HOA

Community

Features: Sidewalks
Subdivision: ERSKINE TERRACE

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $95/sqft
Tax assessed value: $103
Annual tax amount: $9
Date on market: 10/14/2021
Cumulative days on market: 278 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Quit Claims Deed
Exclusions: Exclusion(s) Do Not Exist

Estimated market value

$942,500

$735,000 - $1.20M

$3,477/mo

Price history

Date	Event	Price
2/15/2022	Pending sale	$525,000$95/sqft
Source: Realcomp II #2210086543 Report a problem
1/11/2022	Listing removed	--
Source: Realcomp II #2210086543 Report a problem
10/16/2021	Listed for sale	$525,000$95/sqft
Source: Realcomp II #2210086543 Report a problem