$7,000 Sold
9578 oakland street, detroit, MI 48211
Property Description
Calling all investors! A completed restoration is needed. The Seller requires Proof of Funds to meet the estimated costs included with offer in order to purchase. Estimated rehab cost around $127,100. 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. Please see attached documents for DLBA requirements and offer submission information.
General Information
Sold Price: $7,000
Price/SqFt: $5
Status: Sold
Date Sold: 08/31/2022
MLS#: 2210073172
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: mott & morses sub
Acres: 0.07
Lot Dimensions: 30.00X100.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,424 sq.ft.
Acreage: 0.07 est.
Year Built: 1910
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Wood
Exterior: Wood
Garage: No Garage
Construction: Wood
Exterior: Wood
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Govt Ownership: HUD
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Govt Ownership: HUD
HOA fees: 0
Legal Description: E OAKLAND 9 MOTT & MORSES SUB L15 P81 PLATS, W C R 5/135 30 X 100
Legal Description: E OAKLAND 9 MOTT & MORSES SUB L15 P81 PLATS, W C R 5/135 30 X 100
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Leonard A Pickett III of RCH Brokerage Legacy Inc, Phone: (248) 440-2268
