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Auction Property Details

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  • b246d2dd5f03d7a7.jpg?t=1476725025 Auction

Neighborhood: Regent Park

Built in 1942, this brick Minimal Traditional-style home has much to offer potential buyers. With over 700 square feet of living space, the home contains many desirable qualities, such as:

  • Front porch
  • Detached 1 ½ car garage
  • Wood floors
  • Cove ceilings

Located within the Regent Park neighborhood, the home is close to many nearby amenities, such as:

  • Retail and dining options along Kelly Rd. and 8 Mile
  • Bringard Boulder Park
  • Chandler Park Academy High School
  • Eastland Center Mall

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.

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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.


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