#20240083640, Catherine Cotton, Listing Office: Century 21 Curran & Oberski
Property details
About 5230 Linwood St
Welcome to the latest offering from the Detroit Landbank Authority. 4 buildable lots just waiting for your development ideas. Over 15,000 sqft. of land to create the ultimate project. Sale includes 5248,5249 and 5254 Linwood. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. 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: 20240093459
- MLS Name: Realcomp II Ltd
- Office Name: Real Estate One-Southfield
- Office Phone: (248) 723-0055
- Listing Agent: Gene Kelley II
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Last updated on: 2/7/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$114,000
5230 Linwood 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
1.1 mi
•957 Holden St
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
1.4 mi
•435 Amsterdam St
2
Academy of the Americas at Logan
Public District KG-3
2.2 mi
•3811 Cicotte 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 $37,530. The most common annual income of people living in Detroit, MI is less than $<35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 5230 Linwood St
This home is located at 5230 Linwood St in Detroit, MI and zip code 48208 in the Core City neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $114,000.
While more than 76 listings in Detroit, MI in January 2025 were sold above asking price, there were more than 63 listings sold at asking price, and more than 192 were sold below. Between December and January 2025, Detroit, MI real estate market has seen increase in the number of listings by 8.7%. While the average time on the market in January 2025 was 58 days, the median list price was $87,445.