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Listed price in listed location currency (USD).
$12,000

310

MLS® 20240071509

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 889 sqft
Garage No
Taxes 
Days Active 460
Lot Size 0.1 acres
Approx. Age 1950
Avg. Price Per Sqft $13
MLS® Number 20240071509

Property Address: 18620 Maine St, Detroit, MI, 48234-1478

Average square foot calculated using Size range provided by listing agent.

Description

Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal (not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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. Be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.
MLS® Number20240071509
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageNo
Approx. Age1950
BasementUnfinished
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Second Floor27 × 11 ft
Other:Not available
Living Room:16 × 11 ft
Kitchen:13 × 8 ft
Other:11 × 9 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2024List Date
$12,000List Price

Home Appraisal

This property is estimated to sell between: $12,000 and $74,000.
Similar properties in this area sold on average for: $52,750
Expected to sell very soon! Similar properties sold in 49 days. This home has been on eXp Realty for 460 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
18620 Maine St, Detroit, MI

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