3 bedroom brick colonial in the up and coming Morning side community. Needs quite a bit of work, but will make a very nice home for new family or a great rental property for an investor. Home has good bones and will clean up nicely for the person with the right amount of vision and patience. 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. Please refer to DLBA proposal guidelines. MULTIPLE OFFERS HIGHEST AND BEST DUE FRIDAY 8-28-2020 BY 5PM
Single-familyProperty Type
1927Year Built
6,534 sq ftLot Size
$57Est. Price/Sq.Ft.
Listed by Gene Kelley• Real Estate One-Southfield
•248-723-0055 (broker)
•lathrup@RealEstateOne.com (broker)
Listed by Patricia Phillips• Real Estate One-Southfield
3 bedroom brick colonial in the up and coming Morning side community. Needs quite a bit of work, but will make a very nice home for new family or a great rental property for an investor. Home has good bones and will clean up nicely for the person with the right amount of vision and patience. 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. Please refer to DLBA proposal guidelines. MULTIPLE OFFERS HIGHEST AND BEST DUE FRIDAY 8-28-2020 BY 5PM
REALCOMP #2200062142
Nov 30, 2020
Sold
$30,000
$18/sq ft
Sep 18, 2020
Pending
—
Sep 11, 2020
Contingent
—
Aug 5, 2020
Price Changed
$40,000
$24/sq ft
Aug 5, 2020
Listed
$37,900
$23/sq ft
+16
REALCOMP #26162811
Jul 3, 2007
Listing Removed
—
Sep 13, 2006
Listed
$72,900
$44/sq ft
REALCOMP #26162731
Sep 18, 2006
Listing Removed
—
Sep 13, 2006
Listed
$119,900
$72/sq ft
REALCOMP #26071688
Sep 13, 2006
Listing Removed
—
Apr 11, 2006
Listed
$140,000
$84/sq ft
Public Records
Apr 17, 2002
Sold
$129,000
$77/sq ft
MiRealSource-MiMLS #427818
Jan 31, 2002
Sold
$123,000
$73/sq ft
Nov 15, 2001
Listing Removed
—
Oct 12, 2001
Listed
$129,900
$78/sq ft
Public Records
Jul 2, 2001
Sold
$95,000
$57/sq ft
MiRealSource-MiMLS #321964
Apr 11, 2001
Sold
$95,000
$57/sq ft
Mar 25, 2001
Listing Removed
—
Mar 23, 2001
Listed
$98,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,484 (−0.7%)
2024
$2,502 (+103.4%)
2023
$1,230 (+2.8%)
2022
$1,197 (−33.5%)
2021
$1,801 (+36.6%)
2017
$1,319 (+449.6%)
2016
$240 (−89.2%)
2015
$2,219 (−19.7%)
2014
$2,764
Tax history for 5245 AUDUBON Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,484 (−0.7%)
2024
$2,502 (+103.4%)
2023
$1,230 (+2.8%)
2022
$1,197 (−33.5%)
2021
$1,801 (+36.6%)
2017
$1,319 (+449.6%)
2016
$240 (−89.2%)
2015
$2,219 (−19.7%)
2014
$2,764
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
2
Lot width
40 ft.
Lot depth
165 ft.
Lot size
6,534
Year renovated
2021
Sq. Ft.
1,674
Year built
1927
Style
Single Family Residential
County
Wayne County
APN
21072086.
Parking Spaces
—
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Dec 9, 2021.
R1
Single-Family Residential District
The R1 Single-Family Residential District is designed to protect and preserve quiet, low-density residential areas now primarily developed and those areas which will be developed with single-family detached dwellings and characterized by a high ratio of home ownership. The regulations for this district are designed to stabilize and protect the essential characteristics of the district and to promote and encourage a suitable environment for activities associated with family life. To these ends, development is limited to a relatively low concentration and uses permitted by right are limited to single-family detached dwellings which provide homes for the residents of the area. Additional residential uses such as religious institutions, neighborhood centers, and utility uses necessary to serve the immediate area may be permitted on a conditional basis.