MLS # 20221069872 (Realcomp)

Welcome to the latest offering from the Detroit Land Bank Authority. 5 vacant lots in the middle of the block just waiting for your development ideas. Sale also includes 3812, 3800, 3794 and 3788 Belvidere. All lots are contiguous. 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/or 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. Please refer to DLBA proposal guidelines
Source: SparkMLS
Currently offered at $6,500.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
E BELVIDERE 32 KROLIKS SHOOTING PARK SUB L18 P79 PLATS, W C R 19/79 30 X 120
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gene Kelley
Real Estate One-Southfield
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3806 BELVIDERE Street, Detroit, MI 48214
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Neighborhood
Kettering
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Community
Detroit
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County
Wayne County
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