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Auction Property Details

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  • 6082fb7e33a88198.jpg?t=1475554042 Auction

Neighborhood: Gateway Community

Built in 1914, this spacious brick home is sure to appeal to many types of buyers. With over 2,000 square feet of living space, this handsome home features:

  • Decorative oval-shaped windows
  • Fireplace
  • Sun room

Located in the Northend/Gateway Community, the property is nearby a number of amenities, including:

  • Woodward Avenue
  • The dining and entertainment options of the New Center District
  • Future terminus of the M-1 Rail
  • M-10 Expressway

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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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.


By clicking proceed, you agree to a hold being placed on your credit card. The hold amount will be 10% of your maximum proxy bid, not to exceed $5,000.00. The winning bidder's credit card will be charged the hold amount and is non-refundable. The balance of the winning bid will be due at closing. If you are not the winning bidder, please allow 5-7 business days for the hold amount to be released.
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