$22,400
$4,500
397.8%For more information regarding the value of a property, please contact us for a free consultation.
16561 MONICA Street Detroit, MI 48221
3 Beds
1 Bath
704 SqFt
Key Details
Sold Price $22,400
Property Type Single Family Home
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 704 sqft
Price per Sqft $31
Subdivision Addison Heights (Plats)
MLS Listing ID 20221048969
Sold Date 08/29/23
Style Bungalow
Bedrooms 3
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1924
Annual Tax Amount $606
Lot Dimensions 35X111
Property Description
Calling all investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 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. BATVAI. See attached documents for DLBA requirements and offer submission information.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Direction TAKE MCNICKOLS HEADED EAST PASS WYONING MAKE RIGHT ONTO MONICA
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Detached
Garage Description 2 Car
Waterfront no
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Warranty No
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I021751S
Ownership Government Owned,Short Sale - No
Assessment Amount $240
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with The Agency Hall & Hunter