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24720 Cherry St

Dearborn MI 48124

0.13 ac.
Land
Currently for sale - view listing

Overview

Great opportunity to acquire a city-owned, Residential-zoned (A) lot that is situated close to essential amenities. Perfect for single housing development, this property is offered as a cash-only, "as-is" sale with a requirement that the successful bidder commence construction within 24 months of closing and close within 90 days of the effective date of the purchase agreement. Per city policy, the property will remain on the market for a minimum of two (2) weeks prior to bid reviews; all offers are welcomed, though the city reserves the right to reject any bid. Buyer and buyer's agent to independently verify all measurements, zoning, flood zone status, and building code guidelines.

Features

0.13 ac. lot size
Land

Property history for 24720 Cherry St

2024
Sold
$30,000
21 Mar 2024 by Mariam Khalaf, of Sunflower Realty LLC
1996
Sold
$85,000
26 Aug 1996 by Dan McIlhiny, of Coldwell Banker Prestige

Happy sellers in Dearborn

95%
95% of sellers in Dearborn reported that their sale price either exceeded or met their price expectations.

Dearborn stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Dearborn over the last 12 months.

Local market activity for land plots in Dearborn

In the last 12 months, 6 land plots similar to 24720 Cherry St, have been sold.

This represents a 34% increase in land plots sales when compared to the previous 12 months.

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