Subject address is included as part of a 7 Property Bundle Sale Totaling $38,500. Each deed shall represent a sale price of $5,500, per property. Minimum total construction costs may exceed $198,800. Addresses included: 11519, 11528, 11537, 11540, 11624, 11712, 11724 Wayburn. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements.
This 3 bedroom home is located in the Lincoln Gardens neighborhood at 11712 Wayburn St, Detroit Mi 48224. This $5,500 property has approximately 771 square feet and was built in 1944. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $43/SqFt. Houses with similar square footage range in price from $5,000 to $68,999 and have an average price per square foot of $36/SqFt. The average priced home in 48224 with 3 bedrooms is $57,702. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district. 11712 Wayburn St has property taxes in the amount of $1,021, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.
|Average Listing Price||Average $/sqft||Average $/sqft Sold||Average Listing/Sale ratio||Number of Sold Homes|
Sewer at Street, Sewer-Sanitary
E WAYBURN N 22 FT 22 S 17 FT 23 LINCOLN GARDENS SUB L43 P26 PLATS, W C R 21/811 39 X 130
Municipal Water, Water at Street
05055-Det Con-Mors/Grat. Hstn/7 Mack
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