$39,900 for Sale
3917 16th street, detroit, MI 48208
| Beds 4 | Baths 2 | 2,037 Sqft | 0.08 Acres |
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Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. This 4 bedroom aluminum sided colonial is located in the up and coming "Core City" Neighborhood within a stone's throw of motor city casino and within 4 miles of the newly renovated Detroit Train Station. This area is primed for extensive growth. This property also includes the adjacent lot located at 3919 16th st. as well. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
General Information
Sale Price: $39,900
Price/SqFt: $20
Status: Active
MLS#: rcomi20251059924
Originating MLS: RealComp2
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: sub of pc 44 also pg 3 deeds
Acres: 0.08
Lot Dimensions: 30X114.64
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 2,037 sq.ft.
Acreage: 0.08 est.
Year Built: 1910
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Aluminum
Exterior: Aluminum
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Baseboard
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,276
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: W 16TH 453 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 30 X 114.64A
IDX provided courtesy of Realcomp II Ltd. via Crown Real Estate Group and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055
