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  • a48dd197f98bbe1d.jpg?t=1473826091 Auction

Neighborhood: Bagley

A charming Colonial-style multi unit, this home was built in 1931 with over 3,100 square feet of living space. This house features a range of attractive elements:

  • 2 Bedrooms and 1 Bath per Unit
  • Beautiful Bay Window
  • Coved Ceilings
  • Fireplace
  • Hardwood Floors

Located in Detroit’s Bagley neighborhood, the property also benefits from close proximity to a range of amenities, including:

  • The shopping and dining options of the up-and-coming Avenue of Fashion on Livernois
  • Palmer Park
  • Newly-constructed Mumford High School
  • Highly-regarded University of Detroit, Mercy Neighborhoods such as Palmer Woods, Sherwood Forest, and the University District

Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Inspection/Condition 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.

 

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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