$45,000 pending

514 mount vernon street, detroit, MI 48202

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Beds 3 Baths 2 1,348 Sqft 0.08 Acres 1 of 26
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Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. single family home with an attached lot ready for your development ideas. Home needs extensive rehab, but there are excellent opportunities available with this property. 506 mt vernon is also included in the sale. 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
General Information
Sale Price: $45,000
Price/SqFt: $33
Est. Payments: $295
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Status: Pending
MLS#: 20230099099
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: kochs sub (plats)
Acres: 0.08
Lot Dimensions: 30.00 x 110.00
Bedrooms:3
Bathrooms:2   (2 full, 0 half)
House Size: 1,348 sq.ft.
Acreage: 0.08 est.
Year Built: 1910
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road:  Paved
Garage:  No Garage
Construction:  Asbestos
Exterior:  Asbestos
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Hot Water
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Govt Ownership:  HUD
Legal Description:  S MT VERNON 49 KOCHS L8 P14 PLATS, W C R 3/95 30 X 110


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055
(517) 376-0547 Call Mitchell Allen for more information about this property.

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This Home located at
514 mount vernon street, detroit MI 48202
is currently for sale priced at $45,000 and was listed on December, 06, 2023 and has been on the market for 352 days and was last updated on June, 20, 2024.

514 mount vernon street has 3 bedrooms, 2 bathrooms, and approximately 1,348 square feet. This home is in the detroit school district and has a lot size of 30.00 x 110.00 with 0.08 acres and was built in 1910. 514 mount vernon street is in the 48202 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.