In celebration of Veterans Day, the Detroit Land Bank Authority is excited to announce a new Veterans Discount Program allowing eligible U.S. Veterans to receive a 50% discount on select  Auction  Properties. For specific details please view the Veteran Discount Purchaser information online by selecting Discounts under the Resources tab

 

Auction Property Details

  • 68136931ce5e286c.jpg?t=1475035665 Auction

Neighborhood: Grand River-St Marys

With nearly 1,600 square feet of living space, this beautiful brick Tudor-style home contains many attractive qualities. Built in 1953, this home features:

  • Front porch
  • Large front window
  • Fireplace with carved wooden mantel
  • Cove ceilings
  • Original wood trim throughout
  • Intact bathroom
  • Wood floors

Located in the neighborhood of Grand River-St Marys, the property enjoys a range of neighborhood amenities, including:

  • Well-maintained parks and playgrounds, such as Cook Playground
  • Grandmont-Rosedale Farmers’ Market
  • Youth baseball and soccer leagues
  • Community Theatre Group
  • North Rosedale Park Community House
  • Shopping and eating options of nearby Grand River Ave and Greenfield Rd, including Always Brewing Detroit cafe
  • Easy access to the Southfield Freeway

Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Pre-Sale Inspection Report for more detail. Please also note that at closing the purchaser will be responsible for paying all properly-assessed property taxes not otherwise exempt pursuant to the statutory authority of the Detroit Land Bank.

 

Properties purchased between November 1st, 2015 and March 1st, 2016 will receive an automatic 90-day extension. In other words, purchasers will have 9 months to rehabilitate the property, or 12 months for properties located within an historic district.

 

Finally, please note that any discounts on the purchase (i.e. the city employee discount); will be granted at the time of closing on the sale. The purchaser will be charged $1,000.00 upon winning the bid, regardless of any discounts.

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