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8665 FAUST Avenue Detroit, MI 48228 3124
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Key Details
Sold Price $5,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 687 sqft
Price per Sqft $7
Subdivision Bonaparte Park (Plats)
MLS Listing ID 40257350
Sold Date 08/12/22
Style 1 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 687
Year Built 1942
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00X133.00
Property Description
PROPERTY IS SOLD AS A BUNDLE OF 5 WITH 8608 GREENVIEW, 8664 BRACE, 8690 FAUST, AND 8682 FAUST (VACANT LOT)=$20,000.NOT SOLD SEPARATELY. A COMPLETE RESTORATION IS NEEDED. THE BUYER MUST INCLUDE PLANS FOR REHABBING THE HOME. THE DLBA 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 ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING. BATVAI.PLEASE SEE ATTACHED DOCUMENTS FOR DLBA REQUIREMENTS AND OFFER SUBMISSION INFORMATION.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Hot Water Gas
Heating Forced Air
Exterior
Garage No
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Wood
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Empire Realty Group