$9,900
- 3 Beds
- 1.5 Baths
- 1,760 Sq Ft
- 12092 Promenade St
- Detroit, MI
Great Investment Opportunity Awaits!! Colonial style home can be restored and rented or owner-occupied!
Tyraa Caldwell Tyraa Nicole Realtors LLC
18620 Maine St Detroit, MI 48234
Northeast Central District NeighborhoodEstimated payment $65/month
Total Views
20,502
3
Beds
1
Bath
889
Sq Ft
$13
Price per Sq Ft
Highlights
- No HOA
- Bungalow
- 3-minute walk to Yakisch Park
- Cass Technical High School Rated 10
- Forced Air Heating System
About This Home
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.
Listing Agent
Bellabay Realty Tri Counties License #6502385914 Listed on: 10/07/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 40.00 x 105.00
Home Design
- Bungalow
- Block Foundation
- Vinyl Construction Material
Interior Spaces
- 889 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Leland Highlands Subdivision
Listing and Financial Details
- Assessor Parcel Number W09I012551S
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $0 | $0 | $0 |
| 2024 | -- | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2022 | -- | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $1,931 | $0 | $0 | $0 |
| 2019 | $1,931 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
| 2016 | $240 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2013 | $1,931 | $0 | $0 | $0 |
| 2010 | -- | $25,306 | $958 | $24,348 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | For Sale | $12,000 | -- | $13 / Sq Ft |
Source: Realcomp
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $70,000 | Great Lakes Title Of Mi |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $63,000 | Fannie Mae Freddie Mac |
Source: Public Records
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Source: Realcomp
MLS Number: 20240071509
APN: 09-012551
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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