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In observance of the Thanksgiving holiday, the DLBA office will be closed Thursday, November 28 through Friday, November 29, 2024. Regular business hours will resume on Monday, December 2, 2024.
Built in 1952, this charming brick home will appeal to a variety of buyers. With nearly 800 square feet of living space, the home contains:
Hardwood Floors
Spacious Yard
Basement
Located in the Mount Olivet neighborhood, purchasers will enjoy a variety of amenities, such as:
Retail and dining options along Seven Mile
Brenda Scott Academy for Theatre Arts
Optimist-Parkgrove Playground
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 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.
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.
Public Notice
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.
Auction
