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Buy landat 18088 PELKEY, Detroit, MI 48205

$55,000

$0/mo

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Land

4,791 Sq. Ft. lot

491 Days on market

60180376 MLS ID

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About 18088 PELKEY land

Welcome to the latest offering from the Detroit Land Bank Authority. 7 vacant lots on 2 streets ready for your developing ideas. Included in the sale are the following 18141, 18125 and 18131 Schoenherr and 18096, 18116 and 18100 Pelkey. 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/or 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. Please refer to DLBA proposal guidelines.
Welcome to the latest offering from the Detroit Land Bank Authority. 7 vacant lots on 2 streets ready for your developing ideas. Included in the sale are the following 18141, 18125 and 18131 Schoenherr and 18096, 18116 and 18100 Pelkey. 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/or 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. Please refer to DLBA proposal guidelines.

Property details

Property Access

Paved Street

Water Features

Public Water at Street

Listing

Originating MLS: RealComp

Sale/rent: For Sale

Location

Area: Detroit (82001)

County: Wayne

Cross street: w of Schoenherr, s of Par

Subdivision: TROMBLEY PK

Lot

Lot size: 40.00 x 125.00

0.11 acres

Property

Residential

Schools

School district: Detroit City School District

Sewer

Public At Street

Monthly cost

Estimated monthly cost

$386/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Sep 8, 2006

Price

$80,435

DatePrice
Sep 8, 2006$80,435

Schools

This home is within the Detroit Public Schools Community District.

Detroit enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$51,700

+$1,650

$53,350

Seller agent commission$1,650 (3%)*

$0 (0%)

Buyer agent commission$1,650 (3%)*

$1,650 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $1,650 more selling your home
with an Unreal Estate agent

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State

  • Land for sale in Michigan
  • Mobile homes in Michigan
  • Real Estate in Michigan

Unreal Estate checked: Apr 26, 2024 at 9:30 a.m.

Data updated: Aug 1, 2023 at 8:59 p.m.

Courtesy of Real Estate One-Southfield.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Listing Information © 2024 MiRealSource Inc. All Rights Reserved.

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