$8,500 Price Analysis 3560 16th StDetroit, MI 48208 Unknown bed 0 bath unknown SqFt ($0/SqFt) 4,356SqFt lot. Listed 2024-04-18, Taxes $633 | Ⓧ USDA Ineligible due to property near Detroit |
Social district and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! 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 shuld 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 about the neighborhood. 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 that are otherwise available to the selected purchaser. 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 #20240024998 from Realcomp
Year | Assessments Building + Land Total | Tax |
---|---|---|
2013 | $unknown + $unknown $11,234 | $633 |
2012 | $unknown + $unknown $11,951 | $1,112 |
2011 | $unknown + $unknown $13,110 | $1,770 |
2010 | $unknown + $unknown $14,898 | $4,222 |
2009 | $unknown + $unknown $16,929 | $596 |
2008 | $unknown + $unknown $5,598 | $607 |
2007 | $unknown + $unknown $5,598 | $603 |
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.