$10,000 Price Analysis 4414 25th StDetroit, MI 48208 Unknown bed 0 bath unknown SqFt ($0/SqFt) 3,049SqFt lot. Listed 2024-04-17 | Ⓧ USDA Ineligible due to property near Detroit |
Transportation, freeways and future major developing areas. 9 lots are included in the sale, 4420, 4426, 4432, 4438, 4444, 4450, 4456, 4462 25th. Sale contingent on buyer/seller executed development agreement. 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 develpment proforma and effect of any tax abatements on the purchase and development financing.
Presented by Natasha Richards at
Bellabay Realty Tri Counties.
Property MLS #20240024449 from Realcomp
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.