300 Horton St

    Detroit, MI 48202
    • $24,000
    • STATUS: Pending
    • ON SITE: 368 days
    • MLS #: R218078514
    Pending
    UPDATED: 46 min ago
    $24,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    School District:

    Description

    Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. 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.

    Monthly Payment Calculator



    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2019-08-18T12:13:04.027.
    www.bhhssnyder.com/homes/86550970

    300 Horton St Detroit, MI 48202

    • Price: $24,000
    • Status: Pending
    • Updated: 46 min ago
    • MLS #: R218078514
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    Bal Of Wayne Co
    County:
    Wayne
    Area:
    Bal Of Wayne Co
    School District:
    DETROIT
    Property Description
    Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. 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.
    Exterior Features

    Lot Dimensions 60.00X100.00 Percent Wooded 0.00 Tillable Acres 0.00

    Interior Features

    Min Bldg Square Feet 0.00

    Property Features

    Agreement Type Exclusive Rt To Sell Association Fee 0.00 Associations Realcomp City Or Township City Legal Description S Horton 33 32 Baggs Sub L8 P57 PlatsW C R 1/101 60 X 100 Ownership Bank Owned Short Sale No State Eq Value 0 State Eq Value Year 0 Summer Taxes 0.00 Summer Taxes Year 0 Tax Value 0 Tax Value Year 0 Water Type Public Winter Taxes 0.00 Winter Taxes Year 0 Zoning Residential

    Listing provided courtesy of Rch Brokerage Legacy Inc.


    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2019-08-18T12:13:04.027.
     
    Berkshire Hathaway HomeServices Snyder & Company, Realtors®
    2655 Plymouth Road
    Ann Arbor MI, 48105