$10,500 Price Analysis    ♡   Detroit, MI 48202 Unknown bed 0 bath unknown SqFt ($0/SqFt) 3,920SqFt lot. Listed 2023-12-06, Taxes $28 | Ⓧ USDA Ineligible due to property near Detroit |
Welcome to the latest offering from the Detroit Land Bank Authority.
Vacant buildable lot in the highly sought after North End. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context a bout the neighborhood.
Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferrng 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
Presented by GENE KELLEY at
Real Estate One Southfield.
Property MLS #20230101923 from Realcomp
Road Frontage Type: Paved
Lot Size Dimensions: 30 x 125
Lot Size Square Feet: 3920
Map directions Map directions Map directionsSource Listing Status: Active
County: Wayne
Directions: woodward south to E Bethune go east
Source Property Type: Vacant Land
Area: Det: Livernois-I75 6-Gd River
Source Neighborhood: WM. Y. HAMLIN & S. J. BROWNS SUB (PLATS)
Ownership Type: Government Owned, Short Sale - No
Parcel Number: 03001889.
Postal Code Plus 4: 2840
Subdivision: WM. Y. HAMLIN & S. J. BROWNS SUB (PLATS)
Zoning: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2007 | $unknown + $unknown $388 | $28 |
$10,500
Realcomp
Water Source: Public (Municipal)
 |  |  |  |  |
 |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.