$28,000 Price Analysis    ♡   Detroit, MI 48204 3 bed 3 bath 3,974 SqFt ($7/SqFt) 4,792SqFt lot. Built 1926 Listed 2024-04-17, Taxes $410 | Ⓧ USDA Ineligible due to location near Detroit |
Over 3
900 Square Feet can once again come to life, bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb and 4268 Webb. Sale contingent on buyer/seller executed development agreemnt. 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 sel ected 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 #20240024633 from Realcomp
Living Room: 17.00 x 15.00
Living Room Level: First/Entry
Bath - Full: 10.00 x 10.00
Bath - Full Level: Second
Bath - Full: 10.00 x 8.00
Bath - Full Level: Second
Bath - Full: 8.00 x 9.00
Bath - Full Level: First/Entry
Bedroom: 11.00 x 12.00
Bedroom Level: Second
Bedroom: 13.00 x 12.00
Bedroom Level: Second
Bedroom - Primary: 17.00 x 12.00
Bedroom - Primary Level: Second
Kitchen: 15.00 x 12.00
Kitchen Level: First/Entry
Basement Description: Unfinished
Full Bathrooms: 3
Heating Fuel: Natural Gas
Road Frontage Type: Paved
Lot Size Dimensions: 45.00 x 104.00
Lot Size Square Feet: 4792
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsSource Listing Status: Active
County: Wayne
Directions: S. of Elmhurst, W. of Dexter
Source Property Type: Residential
Home Warranty: No
Area: Det: Livernois-I75 6-Gd River
Source Neighborhood: STACKS LOVETT AVE (PLATS)
Ownership Type: Government Owned, Short Sale - No
Parcel Number: W14I003940S
Postal Code Plus 4: 1504
Subdivision: STACKS LOVETT AVE (PLATS)
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2015 | $unknown + $unknown $800 | $410 |
| 2014 | $unknown + $unknown $816 | $411 |
| 2013 | $unknown + $unknown $19,344 | $2,793 |
| 2012 | $unknown + $unknown $22,234 | $3,207 |
| 2011 | $unknown + $unknown $24,390 | $3,280 |
| 2010 | $unknown + $unknown $27,716 | $3,131 |
| 2009 | $unknown + $unknown $31,496 | $3,316 |
| 2008 | $unknown + $unknown $35,191 | $3,049 |
| 2007 | $unknown + $unknown $35,191 | $3,030 |
$28,000
Realcomp
Listing removed 2024-01-04
$0
Realcomp
Listed 2024-01-02
$28,000
MichRic
Listed 2023-09-05
$28,000
Realcomp
Sold 2006-01-17
$103,000
Public Record
Sold 2005-07-19
$125,000
Public Record
Year Built: 1926
Construction Materials: Brick
Foundation Details: Basement
Levels: 2 Story
Property Age: 98
Levels or Stories: 2 Story
Total Area Sqft: 3974
Total Below Grade Area: 1899
Architectural Style: Colonial
Water Source: Public (Municipal)
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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.