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16164 MONICA Street Detroit, MI $ 4,500
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$ 4,500 Get more info
16164 MONICA Street
$ 4,500
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16164 MONICA Street

Detroit, MI, 48221
$ 4,500
Bedrooms2 Baths1.0 Sq 801

Monthly Estimate*

$ 30

16164 MONICA Street, Detroit, MI 48221 - Image 1

Single Family Home for sale in Detroit, MI

for $4,500 with 2 bedrooms and 1 full bath. This 801 square foot home was built in 1926 on a lot size of 0.09.

Welcome to the latest offering from the Detroit Land Bank Authority. 2 bedroom frame home just ready for your renovation touches. Property needs a full rehab and all buyers are required to follow DLBA offer guidelines in order to purchase. 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. Please refer to DLBA proposal guidelines

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Single Family Active

Price

$ 4,500

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

0.09

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60150155
Features
General
Heating Forced Air
Possession At Close
Garage Detached Garage
Water Public Water
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1926
Subdivision ADDISON HEIGHTS (PLATS) MI
Style Ranch
County Wayne
Class RESIDENTIAL
Type Single Family
Percent Ownership Government Owned
Municipality Detroit
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions Livernois to Puritan and right on Monica
City Detroit
School District Detroit City School District
Street Name MONICA
Financial Terms Cash
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2023. E MONICA 220 ADDISON HEIGHTS SUB L34 P53 PLATS W C R 16/304 35 X 111
DOM 608
Postal Code 48221
Price Per Sq Ft Total 5.62
Coming Soon Welcome to the latest offering from the Detroit Land Bank Authority. 2 bedroom frame home just ready for your renovation touches. Property needs a full rehab and all buyers are required to follow DLBA
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Interior
Basement Unfinished
Beds 2
Fireplace? No
Total Rooms 3
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Exterior
Exterior Wood
Frontage 35
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 35.00 x 111.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Trina Ellis

Listing Agent

Real Estate One-Southfield

Broker

trinaellis@realestateone.com

Email

Affordability Calculator

$30
Per Month
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Monthly Principal & Interest
$30
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/30/2022$4,500 Listed Price

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16164 MONICA Street, Detroit, MI, 48221 is a Single Family Home for sale at $4,500 with 801 sqft and a lot size of 0.09. 16164 MONICA Street has 2 bedrooms, 1.0 baths, and was built in 1926. The property's zip code is 48221 which is in Detroit, MI

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