#20250009523, Therese Antonelli, Matthew McLean, Listing Office: Moving The Mitten RE Group Inc
Property details
About 4293 16th St
Welcome to the latest offering from the Detroit Land Bank authority. Vacant buildable lot in the Cork Town area. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood 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
Highlights
Summary
- MLS Number: 20230021685
- MLS Name: Realcomp II Ltd
- Office Name: Real Estate One-Southfield
- Office Phone: (248) 723-0055
- Listing Agent: Gene Kelley II, Patricia A Phillips
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.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 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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$20,415
4293 16th St
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Price information
Property sales
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Tax history
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Nearby schools
1
University Preparatory Academy (PSAD) Elementary School
Public Charter KG-5
1.3 mi
•957 Holden St
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
1.6 mi
•435 Amsterdam St
2
Maybury Elementary School
Public District PK-5
1.9 mi
•4410 Porter 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 $22,655. Typical income of Detroit, MI residents is 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.
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Frequently asked questions
About 4293 16th St
This home is located at 4293 16th St in Detroit, MI and zip code 48208 in the Core City neighborhood. Features: 0 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2023 and is currently priced at $20,415.
In February 2025 more than 68 listings in Detroit, MI were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 203 were sold below. The inventory of homes for sale in Detroit, MI between January and February 2025 increased by 7%. Listings spent 59 days on the market in February 2025, and had a median list price of $88,760 during the same period.