MLS # 219108628 (Realcomp)
This single family 5 bedroom home features Bay Windows and a Wrap Around Porch. This is a great opportunity in the Historic Woodbridge neighborhood located in the City of Detroit. The buyer must include plans for rehabbing the home. The seller is the Detroit Land Bank Authority. 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 abatement 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 development proforma and effect of any tax abatement on the purchase and development financing. Please see attached documents for DLBA requirements. BATVAI all Offers due by November 15th 2019.
Source: SparkMLS
Located in Detroit, this property offers 5-bedroom, 2-bath, 3,000 sq ft, with original construction dating to 1917.
Final sale price: $89,900 (about $30/sq ft).
Annual property taxes run approximately $3,960 ($330/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
W AVERY 5 BLK 11 AVERY & MURPHYS SUB L9 P42 PLATS, W C R 8/52 50 X 130
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Leonard A Pickett
RCH Brokerage Legacy Inc
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.
Property
4301 AVERY Street, Detroit, MI 48208
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County
Wayne County
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