DLBA-owned 4-bedroom, 1-bath residential property located in the Chalfonte neighborhood. Property was burned is being sold together with one adjacent vacant lot, included in the total purchase price of $13500. Adjacent lot address: 8321 Chalfonte, Detroit, MI . Sale is subject to approval by the Detroit Land Bank Authority (DLBA)… Read More 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).A;The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.A;A;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. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Atlas Properties Inc. [email protected] (313) 598-2566
Listing Snapshot
Days Online
99
Last Updated
Property Type
Residential
Beds
4
Full Baths
1
Square Ft.
1,020
Lot Size
0.09 Acres
Year Built
1926
MLS Number
20251060559
30 Days Snapshot Of 48238
$101k
+94%
(avg) sold price
12
-7%
homes sold
131
+63%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement?: 1, Unfinished
Property Access
Paved
Building
1,020 total square feet, 1,020 combined square feet, 816 total basement square feet, Built in 1926, Architectural style: Bungalow, 1 1/2 Story, Aluminum
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