$9,900 Price Analysis 6023 Cooper StDetroit, MI 48213 4 bed 1 bath 1,652 SqFt ($5/SqFt) 3,920SqFt lot. Built 1922 Listed 2024-04-16, Taxes $1,844 | Ⓧ USDA Ineligible due to location near Detroit |
Close to Gratiot and minuts from Downtown Detroit. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
Presented by Natasha Richards at
Bellabay Realty Tri Counties.
Property MLS #20240024495 from Realcomp
Year | Assessments Building + Land Total | Tax |
---|---|---|
2011 | $unknown + $unknown $18,611 | $1,844 |
2010 | $unknown + $unknown $21,641 | $2,087 |
2009 | $unknown + $unknown $24,592 | $2,300 |
2008 | $unknown + $unknown $28,430 | $2,440 |
2007 | $unknown + $unknown $28,430 | $2,462 |
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.