Detroit, MI 48221,16561 MONICA Street

$22,400

$4,500

397.8%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

704 SqFt


SOLD DATE : 08/29/2023

Key Details

Sold Price $22,400

Property Type Single Family Home

Sub Type Bungalow

Listing Status Sold

Purchase Type For Sale

Square Footage 704 sqft

Price per Sqft $31

Subdivision Addison Heights (Plats)

MLS Listing ID 20221048969

Sold Date 08/29/23

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1924

Annual Tax Amount $606

Lot Dimensions 35X111

Property Description

Calling all investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Direction TAKE MCNICKOLS HEADED EAST PASS WYONING MAKE RIGHT ONTO MONICA

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Detached

Garage Description 2 Car

Waterfront no

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I021751S

Ownership Government Owned,Short Sale - No

Assessment Amount $240

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Realcomp MLS
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc
Bought with The Agency Hall & Hunter

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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