15480 WOODINGHAM Drive, Detroit, Michigan 48238

$9,000

Great Deal - This property is priced $55,260 below comparable homes in the area.

Property Details

MLS#: 20240024486
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,020
Price per Sqft: $9
Lot Size: 0.08 acres
Year Built: 1925
Property Type: Residential
Status: Active
Days on Market: 679

Market Analysis

Estimated Value (CMA): $64,260
Area Avg Price/Sqft: $63
This Property: $9/sqft ($54 below area average)
Price Position: -86.0% vs comparable homes
Comparable Properties Analyzed: 2

Description

Here's your opportunity for a great investment in the Mullberry Hill Subdivision. Close to the Livernois Avenue of Fashion, Schools, Freeways and Downtown. Sale contingent on buyer/seller executed development agreement. 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 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.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 15480 WOODINGHAM Drive?

15480 WOODINGHAM Drive is listed at $9,000, or $9 per square foot.

How many bedrooms does 15480 WOODINGHAM Drive have?

This property has 3 bedrooms and 1 bathrooms, with 1,020 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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