$10,000 pending
16566 stoepel, detroit, MI 48221
| Beds 3 | Baths 2 | 1,596 Sqft | 0.10 Acres |
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Property Description
Great investment. DLBA-owned 3-bedroom, 1.5-bath residential property located in the Fitzgerald/Marygrove neighborhood. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.
General Information
Sale Price: $10,000
Price/SqFt: $6
Status: Pending
MLS#: 60960442
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: addison heights
Acres: 0.1
Lot Dimensions: 35X120
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 1,596 sq.ft.
Acreage: 0.1 est.
Year Built: 1927
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 14x12
Bedroom 2 : 12x10
Bedroom 3: 10x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Vinyl Siding
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Adam Hage of Atlas Properties Inc, Phone: 313-598-2566
