$40,000 for Sale
7465 14th street, detroit, MI 48206
| Beds 3 | Baths 2 | 1,726 Sqft | 0.09 Acres |
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Property Description
Welcome to the latest offering from the Detroit land bank authority. Three bedroom wood frame colonial located near the historic Lasalle Gardens community. Home needs a total rehab, but could prove to be a great asset for a savvy investor. 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
General Information
Sale Price: $40,000
Price/SqFt: $23
Status: Active
MLS#: rcomi20261024461
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: lasalle gardens
Acres: 0.09
Lot Dimensions: 90X43.27
Bedrooms:3
Bathrooms:2 (1 full, 1 half)
House Size: 1,726 sq.ft.
Acreage: 0.09 est.
Year Built: 1916
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 2 Car
Garage Description: Detached
Construction: Wood
Exterior: Wood
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Radiant
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $736
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. S LAMOTHE S 90 FT 333 EXCEPT W 5 FT LASALLE GARDENS SUB L25 P100 PLATS, W C R 10/66 43.31 IRREG

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Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055