306 Smith

    Detroit, MI 48202
    • $13,800
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: R219018073
    Foreclosure
    UPDATED: 58 min ago
    $13,800
    • 0
      BEDS
    • 0.08
      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 property is located in a QualifiedOpportunity Zone. The seller is the Detroit Land Bank A uthority. Buyer must submit an application topurchase, including construction plans or precedent architectural images of proposed development andfinancing plan with proof of funds or a pre-approval letter on a new-construction loan. Please note that theDetroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferringownership of the property. The tax capture may be incompatible with tax abatement that are otherwiseavailable to the selected purchaser. DLBA will review request to waive its tax capture rights and mayrequire a payment in lieu of taxes to approve such requests. The payment will be determined uponreviewing the development proforma and effect of any tax abatement on the purchase and developmentfinancing. BATVAI

    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 Keller Williams Ann Arbor. Data last updated: 2019-03-20T18:11:41.907.
    www.annarbormarketcenter.com/homes/92513332

    306 Smith Detroit, MI 48202

    • Price: $13,800
    • Status: Active
    • Updated: 58 min ago
    • MLS #: R219018073
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    Neighborhood:
    Glr Out Of Area
    County:
    Wayne
    Area:
    Glr Out Of Area
    School District:
    DETROIT
    Property Description
    Build your dream home or a multi-family development to suit. This property is located in a QualifiedOpportunity Zone. The seller is the Detroit Land Bank A uthority. Buyer must submit an application topurchase, including construction plans or precedent architectural images of proposed development andfinancing plan with proof of funds or a pre-approval letter on a new-construction loan. Please note that theDetroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferringownership of the property. The tax capture may be incompatible with tax abatement that are otherwiseavailable to the selected purchaser. DLBA will review request to waive its tax capture rights and mayrequire a payment in lieu of taxes to approve such requests. The payment will be determined uponreviewing the development proforma and effect of any tax abatement on the purchase and developmentfinancing. BATVAI
    Exterior Features

    Lot Dimensions 30.00X115.00 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 Smith 127 Wm Y Hamlin & S J Browns L8P72PlatsW C R 1/103 30 X 115 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 Keller Williams Ann Arbor. Data last updated: 2019-03-20T18:11:41.907.
     
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    Ann Arbor MI, 48104