About This Home

This 3-bedroom, 1-bathroom single family at 15480 WOODINGHAM Drive in Detroit, MI is listed for $9,000 ($9 per sqft). Built in 1925, the home offers 1,020 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1925
  • 0.08 acre lot

Property Details

1 story
1 full
1925
Listing Description

Here's your opportunity for a great investment in the Mullberry Hill Subdivision. Close to the Livernois Avenue of Fashion, Schools, Freeways and Downtown. Sale contingent on buyer/seller executed development agreement. 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 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.

Monthly Cost Estimate

$48/mo

20% down · 6.5% · 30 years

Principal$7
Interest$39
Insurance$3

Estimates only. Actual payments may vary.

Location

15480 WOODINGHAM Drive

Detroit, MI 48238

MULBERRY HILL NO 1 (PLATS)

Property Details

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 15480 WOODINGHAM Drive is listed at $9,000 ($9/sqft). The estimated monthly payment is $49 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.08 acre lot.

This property is listed by Natasha C Richards and can be reached at (248) 274-6614.

NR

Natasha C Richards

Agent at Bellabay Realty Tri Counties

(248) 274-6614

Listed by Bellabay Realty Tri Counties · View on Broker Site

MLS# 20240024486· Source: listhub· 808 days on market

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15480 WOODINGHAM Drive, Detroit, MI 48238

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