Auction Property Details
- 17500 Wildemere, Detroit, MI 48221
- District: 2
- Area: 1624Sq. Ft
- Year Built: 1924
- Water Line Cut: No
- 4 Beds
- 2 Baths
Neighborhood: University District
Built in 1924, this beautiful brick Colonial-style home will appeal to a variety of buyers. With over 1,600 square feet of living space, the home features:
- Back porch
- Arched entryways
- Fireplace
- Wood floors
Located in Detroit’s University District neighborhood, the property also benefits from close proximity to a range of amenities, including:
- Shopping and dinning along Livernois and McNichols
- Highly-regarded University of Detroit, Mercy and Marygrove College
- Multiple parks, including Palmer Park
Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Inspection/Condition 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 not 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.
- 03/13/2018 Sale Date
- $ 1,000 Starting Price
- $ 197,300 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.