Auction Property Details
- 15430 Oakfield, Detroit, MI 48227
- District: 1
- Area: 884Sq. Ft
- Year Built:
- Water Line Cut: No
- 0 Beds
- 0 Baths
Neighborhood: Crary/St Marys
Built in 1927 and situated on a quiet courtyard off of Oakfield, this charming home has tons of curb appeal. With nearly 900 square feet of living space, the home features:
- Wood floors
- Bathroom with intact bathtub
- Front porch
- Fireplace
Located within the Crary/St Marys neighborhood of Northwest Detroit, this home enjoys proximity to local amenities, such as:
- Rehabbed & Ready Homes
- Retail and dining options along Grand River, Puritan, and Fenkell
- Cook, Kelly and Fields Playgrounds
- 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.
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.
- 04/13/2016 Sale Date
- $ 1,000 Starting Price
- $ 1,000 Ending Price
COLLUSION (BID-RIGGING) IN AN AUCTION IS A CRIME
Collusion between bidders in a DLBA auction, which is also known as “bid-rigging,” is a type of fraud and a violation of Federal antitrust laws. The DLBA takes the integrity of its auctions very seriously and bid-rigging is unfair to competing bidders and, ultimately, to the people of the City of Detroit. If the DLBA finds evidence of collusion in an auction, it reserves the right and will not hesitate to, as appropriate, reject specific bids, cancel an entire auction (in each case keeping the deposits or downpayments of the colluding parties), and/or pursue criminal prosecution of the parties involved to the fullest extent of the law.
Please note that the rehab cost will often cost more than the winning bid price. Failure to bring a property up to code within 6 months will result in forfeiture of property (9 months for historic properties). Auction dates are subject to change. Check the site regularly to be aware of any schedule changes.
PROPERTY OWNED BY THE DETROIT LAND BANK IS NOT OPEN TO THE PUBLIC. ACCESS TO OR ENTRANCE UPON SUCH PROPERTY WITHOUT THE WRITTEN CONSENT OF THE DETROIT LAND BANK AUTHORITY CONSTITUTES TRESPASS, AND IS A VIOLATION OF MICHIGAN LAW. TRESPASSERS MAY BE SUBJECT TO CIVIL AND CRIMINAL PENALTIES.