#20240024972, Natasha C Richards, Listing Office: Bellabay Realty Tri Counties
Property details
About 2939 Sheridan St
THIS BUNDLE INCLUDES 2939 SHERIDAN, 2945 SHERIDAN, 2951 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000. Check out this latest offering from the Detroit Land Bank Authority located at Kerchaeval Avenue and E Grand Blvd in the Islandview neighborhood. This THREE lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey Academy, 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.
Highlights
Summary
- MLS Number: 20240026555
- MLS Name: Realcomp II Ltd
- Office Name: Keller Williams Realty-Great Lakes
- Office Phone: (586) 541-4000
- Listing Agent: Erick Monzo
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Last updated on: 2/12/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$20,000
2939 Sheridan St
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Price information
Property sales
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Tax history
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Nearby schools
3
University Preparatory Science and Math Elementary School
Public Charter KG-5
1.5 mi
•2251 Antietam Ave
1
Detroit Academy of Arts and Sciences
Public Charter KG-5
1.5 mi
•2985 E Jefferson Ave
8
Chrysler Elementary School
Public District KG-5
2.1 mi
•1445 E Lafayette St
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 $28,729. The most common annual income of people living in Detroit, MI is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 2939 Sheridan St
This home is located at 2939 Sheridan St in Detroit, MI and zip code 48214 in the Lower East neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $20,000.
In January 2025, from all listings sold in Detroit, MI there were more than 76 sold above asking price, over 192 sold below and more than 63 were sold right at the asked price. In January 2025 in Detroit, MI there were 8.7% more homes for sale than in December. While the average time on the market in January 2025 was 58 days, the median list price was $87,445.