2971 SEYBURN Street, Detroit, Michigan 48214

$18,500

Great Deal - This property is priced $37,540 below comparable homes in the area.

Property Details

MLS#: 20230087159
Bedrooms: 4
Bathrooms: 1.5
Square Feet: 1,401
Price per Sqft: $13
Lot Size: 0.07 acres
Year Built: 1910
Property Type: Residential
Status: Active
Days on Market: 862

Market Analysis

Estimated Value (CMA): $56,040
Area Avg Price/Sqft: $40
This Property: $13/sqft ($27 below area average)
Price Position: -67.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Welcome to the latest offering from the Detroit Land Bank Authority. 4 Bedroom colonial, located in the Islandview subdivision. Needs extensive rehab, please show with caution. 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

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 2971 SEYBURN Street?

2971 SEYBURN Street is listed at $18,500, or $13 per square foot.

How many bedrooms does 2971 SEYBURN Street have?

This property has 4 bedrooms and 1.5 bathrooms, with 1,401 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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