$15,000
$7,000
114.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
792 SqFt
SOLD DATE : 07/26/2023
Key Details
Sold Price $15,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 792 sqft
Price per Sqft $18
Subdivision Paterson Bros & Cos Sub No 1 (Plats)
MLS Listing ID 60146921
Sold Date 07/26/23
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 792
Year Built 1925
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.00 x 100.00
Property Description
Welcome to the latest offering from the Detroit Land Bank authority. 3 bedroom frame bungalow, in need of extreme rehab. Show with caution due to potential unstable interior structure. Vacant lots 13444, 13466, 13456, 13474 and 13448 Sparling are also included in the sale. 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 Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 1 1/2 Story
Foundation Basement
Water Community
Architectural Style Bungalow
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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