#20250003318, Adrienne Stewart, Listing Office: Keller Williams Home
18620 Maine St Detroit, MI 48234
Property details
About 18620 Maine St
Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal (not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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. be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.
Highlights
Summary
- MLS Number: 20240071509
- MLS Name: Realcomp II Ltd
- Office Name: Bellabay Realty Tri Counties
- Office Phone: (248) 274-6614
- Listing Agent: Natasha C Richards
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Last updated on: 3/6/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$12,000
18620 Maine St
$143
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
1
George Washington Carver Elementary School
Public Charter PK-4
2.0 mi
•14510 2nd Ave
2
United Oaks Elementary School
Public District KG-5
2.1 mi
•1001 E Harry Ave
2
Mound Park Elementary School
Public District KG-5
2.1 mi
•5356 Toepfer Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,500. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 18620 Maine St
This home is located at 18620 Maine St in Detroit, MI and zip code 48234 in the Grixdale neighborhood. This 889 square foot home, which was built in 1950, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 7, 2024 and is currently priced at $12,000.
Detroit, MI housing market in February 2025 saw over 68 listings sold above listed price, more than 60 sold at listed price and over 203 sold below. In February 2025 in Detroit, MI there were 7% more homes for sale than in January. The median list price of listings available in February 2025 was $88,760, while the average time on the real estate market was 59 days.