$15,000 Price Analysis    ♡   Detroit, MI 48208 Unknown bed 0 bath unknown SqFt ($0/SqFt) 6,534SqFt lot. Listed 2024-04-17, Taxes $17 | Ⓧ USDA Ineligible due to property near Detroit |
Great build opportunity located within walking distance of Detroit's Corktown
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 mdium-scale infill development wi th 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 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 #20240024440 from Realcomp
Road Frontage Type: Paved
Lot Size Dimensions: 44.00 x 145.00
Lot Size Square Feet: 6534
Map directions Map directions Map directionsSource Listing Status: Active
County: Wayne
Directions: N. of Martin Luther King, W. Side of 14th
Source Property Type: Vacant Land
Area: Det South Of Grand River
Source Neighborhood: PLAT OF SUB OF PT GODFROY FARM (PLATS)
Ownership Type: Government Owned, Short Sale - No
Parcel Number: W10I005243S
Subdivision: PLAT OF SUB OF PT GODFROY FARM (PLATS)
Zoning: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2017 | $unknown + $unknown $500 | $17 |
| 2016 | $unknown + $unknown $200 | $17 |
| 2015 | $unknown + $unknown $200 | $17 |
| 2014 | $unknown + $unknown $414 | $36 |
| 2013 | $unknown + $unknown $414 | $35 |
| 2012 | $unknown + $unknown $414 | $35 |
| 2011 | $unknown + $unknown $414 | $35 |
| 2010 | $unknown + $unknown $471 | $39 |
| 2009 | $unknown + $unknown $471 | $39 |
| 2008 | $unknown + $unknown $471 | $35 |
| 2007 | $unknown + $unknown $471 | $35 |
$0
MichRic
Listed 2024-04-17
$15,000
Realcomp
Listing removed 2024-01-05
$0
MichRic
Listed 2024-01-04
$15,000
MichRic
Listing removed 2024-01-04
$0
Realcomp
Listed 2024-01-02
$15,000
MichRic
Price Changed 2023-09-01
$15,000
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Listed 2023-02-02
$15,000
Realcomp
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.