New Construction
Address
274 Horton Detroit, MI
Price
$ 12,000
Property Attributes
  • ML#219053559
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Livernois-I75 6-Gd River
  • NeighborhoodBAGGS SUB PT OF OL 1
  • Zip48202
  • StyleVacant Land
  • Price$ 12,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
RCH Brokerage Legacy Inc
Property Description

Build your dream home or a multi-family development to suit. This property is located in a Qualified Opportunity Zone. The seller is the Detroit Land Bank Authority. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 that are otherwise available to the selected purchaser. DLBA will review request 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

Price History
6/5/2019 Listed $12,000

General Features

Cumulative Days on Market 547
Listing Agent Public Id 306589
Originating MLS Realcomp II Ltd
Ownership Status Government Owned, Short Sale - No
Parcel Number W01I001983S
Possession At Close
Property Type Vacant Land
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Pending
Subdivision Name BAGGS SUB PT OF OL 1
Terms Offered Cash, Conventional
Transaction Type Sale
Zoning Residential

Exterior Features

Frontage Feet 30
Lot Size Area 0.07
Lot Size Dimensions 30.00X100.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brown Brothers Real Estate Group and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of November 27, 2020 7:25 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48202

Price
AVG $230K
$10K
Visits
AVG 14
23
Walkscore
AVG 71
77
Data Provided by Walkscore ® not using MLS data

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