$20,000 for Sale

14390 lappin street, detroit, MI 48205

Beds 2 Baths 1 1,047 Sqft 0.10 Acres 1 of 18
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 bedroom frame ranch in a mostly brick neighborhood. Home needs a ton of work, but it is being sold as part of a bundle so you get 3 for the price of 1. Sale also includes 14531 and 14578 Lappin all for the price listed above. 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.
General Information
Sale Price: $20,000
Price/SqFt: $19
Status: Active
MLS#: 20240079124
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: gratiot american park
Acres: 0.1
Lot Dimensions: 35.00 x 127.00
Bedrooms:2
Bathrooms:1   (1 full, 0 half)
House Size: 1,047 sq.ft.
Acreage: 0.1 est.
Year Built: 1933
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached
Construction:  Wood
Exterior:  Wood
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Govt Ownership:  HUD
Legal Description:  S LAPPIN 212 GRATIOT AMERICAN PARK SUB L38 P55 PLATS, W C R 21/707 35 X 126.7


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055
(810) 391-4644 Call Michael MacDonald for more information about this property.

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This Home located at
14390 lappin street, detroit MI 48205
is currently for sale priced at $20,000 and was listed on October, 21, 2024 and has been on the market for 62 days.

14390 lappin street has 2 bedrooms, 1 bathrooms, and approximately 1,047 square feet. This home is in the detroit school district and has a lot size of 35.00 x 127.00 with 0.1 acres and was built in 1933. 14390 lappin street is in the 48205 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.