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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1695 Monterey St , Detroit, MI 48206
$15,000
Est. Payment: $33.33/mo
3 Bed
1 Bath
1772 Sqft
Status: Active | Days on site: 134
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House Description

Development opportunity in up and coming area with lots of revitalization happening. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Room sizes are estimates. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.

Highlights

Listed by Catina Willis , 313-445-2825 Next Level Realty & Investments , 734-506-0076.

Property Type

Residential

Lot/Acreage
0.16

Year Built

1916

County

Wayne

School District

Detroit

Listing ID

20261013268

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Water:Public

Exterior Features

Sewer:Public
Parking Features:Detached
Principal Interest
$33
Taxes
$0

Home Price

$15,000

Loan Details

30 yrs
%

Down Payment

20%
$3,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$33.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $33.33 $0.17 $0.00 $33.50
Yearly $400.00 $2.00 $0.00 $402.00
Total $12,000.00 $60.00 $0.00 $12,060.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.