
$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
Estimated payment $53/month
Don't miss this great investment opportunity on this up and coming east side neighborhood, close to Gratiot and minutes from Downtown Detroit. 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.
Listing Agent
Bellabay Realty Tri Counties License #6502385914 Listed on: 04/16/2024
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 | $1,686 | $0 | $0 | $0 |
2019 | $1,686 | $0 | $0 | $0 |
2018 | $0 | $0 | $0 | $0 |
2017 | -- | $0 | $0 | $0 |
2016 | $240 | $0 | $0 | $0 |
2015 | -- | $0 | $0 | $0 |
2013 | $1,686 | $0 | $0 | $0 |
2010 | -- | $21,641 | $380 | $21,261 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/16/2024 04/16/24 | For Sale | $9,900 | -- | $6 / Sq Ft |
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Quit Claim Deed | -- | None Available | |
Warranty Deed | $6,000 | Multiple |
Source: Realcomp
MLS Number: 20240024495
APN: 19-006502