For Sale
403 MELBOURNE Street, Detroit, MI 48202
$20,000
MLS # 20230071398 (Realcomp)
0.08 acres
1 / 1
Listing Description
This property is prime for development located in Detroit’s bustling North End neighborhood. Also vacant lots available in that area 74,90,267, 414 Melbourne, 282 E Euclid, and 527 Marston. Price improvement for packet deal.
Source: SparkMLS
About this home
Currently offered at $20,000.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.08 acres
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Sale & Financing
Listed8/22/2023
Original Price$30,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$40
Tax Year2025
State Equalized Value$400
Assessed Value$400
Parcel #01002485.
Source: Public Records
Legal Description
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. N MELBOURNE W 32 FT 28 MC LAUGHLIN BROS L17 P73 PLATS, W C R 1/109 32 X 114.7A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Leonard A Pickett
RCH Brokerage Legacy Inc
Frequently Asked Questions about 403 MELBOURNE Street, Detroit, MI 48202
Which school district serves 403 MELBOURNE Street, Detroit, MI 48202?
Per MLS# 20230071398, 403 MELBOURNE Street, Detroit, MI 48202 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 403 MELBOURNE Street, Detroit, MI 48202?
Per MLS# 20230071398, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 403 MELBOURNE Street, Detroit, MI 48202?
Per public tax records, annual property taxes for this property are $28. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 403 MELBOURNE Street, Detroit, MI 48202 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 403 MELBOURNE Street, Detroit, MI 48202 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 403 MELBOURNE Street, Detroit, MI 48202?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$26
Monthly$2
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$132
Principal & interest$130
Property taxes$2
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
403 MELBOURNE Street, Detroit, MI 48202
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Neighborhood
Middle Woodward
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Community
Detroit
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County
Wayne County
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