This product has been viewed 1,178 times, since it was first published 15 days ago. It's visited an average of 79 times a day. A total of 1 units have been sold. ATTENTION! There is only 1 unit, Hurry and don't let it slip away!
DOWN PAYMENT IS DUE WITHIN 5 DAYS OF AUCTIONS END.OWNER FINANCED PROPERTY YOU ARE BIDDING ON THE DOWN PAYMENT ONLYDOWN PAYMENT IS DUE WITHIN 5 DAYS OF AUCTIONS END, PLEASE DO NOT BID AND ASK TO PAY WHEN YOU GET A STIMULUS PAYMENT OR YOUR TAXES BACK, DOWN PAYMENT IS DUE WITHIN 5 DAYS OF AUCTIONS END.Property Address is: 12031 Stoepel St. Detroit, Michigan 48204Property Tax Link Showing Current Balance $0:https://pta.waynecounty.com/Home/SearchResultSearch by Parcel ID: 16019752. You must enter the . after 16019752 when using the Wayne County Taxes Website.You are bidding on the down payment ONLY! Total Price is $30,000. Down payment will be taken off and I will split the balance between 60 months / 5 years. Roughly around $500 per month, depending on winning down payment. Property is being sold with a Land Contract / Purchase Agreement with a Quit Claim Deed being recorded once all payment or the full purchase price has been paid in full.No interest, pay in full and receive Quit Claim Deed or Bid, Pay the down Payment, and receive Quit Claim Deed after 60 successful payments have been received.Once I have received the down payment (winning bid ending price) and Land Contract / Purchase Agreement has been notarized by both parties the winning bidder will be able to move in immediately. All utilities must be switched over to the buyer within 2 weeks after Land Contract / Purchase Agreement are signed and notarized. You are bidding on a property that was lived in for 3 years just fine, what may be livable for me or a handyman may not be livable for others so please ask all questions before bidding.View all pictures before biddingI have added several videos for everyone to view the property.Before you bid understand that as a buyer, and with the terms of this sale, the buyer MUST continue the rehabilitation efforts of the property and provide updates to me periodically while I am carrying any balance owed. This is one of the few requirements of purchasing and having me carry the balance. Bidders You are more than Welcome to Pay in Full, Receive a Quit Claim Deed which I will file with Wayne County Recorders Office and do whatever you please with the property immediately. The property has 3 outdoor enclosed canopies for storing your outdoor storage during the winter and for keeping your cars and belonging safe.This Auction is for a 2 Unit, Upper and a Lower, Both 3/BR 1/Bath Housing Units. Each offers 3 bedrooms nice size bedrooms and kitchen and a bathroom in each unit. The properties lower 3 bedroom Unit has been partially refurbished and is Definitely livable with Propane Blue Flame Wall Heaters, Air Conditioning and Home Tankless Water Heater. (See Photos) Bathroom and Shower in Lower 3 bedroom unit Functions and has been 95% completed. (See Photos) Lower unit has a new large over stove mounted microwave, Propane Operated Stove, Refrigerator, Dishwasher and Air Fryer. (See Photos)Kitchen is usable, Sink Stove, Microwave, Stove, Air Fryer , Dishwasher all are in good functioning and working order.Cabinet Doors have most all been painted and are ready to be reinstalled after another coat of paint. Lower unit will include all that listed for the purchase price:50 inch flat screen wall mounted in Bedroom #1Security System with in Room monitor in Bedroom #135 inch flat screen tv ceiling mounted Bedroom #265 in older Flat Screen Tv Bedroom #3Security monitor in Front room area.Lower unit has a living room and centrally located extra living room as well. Video of Lower Unit:https://youtu.be/bM-odhg8nD8Upstairs unit offers Semi-finished 3 bedroom 1 bathroom and two large areas front and middle Identical to the lower unit. Upstairs unit is a work in progress (See Video) but can be easily ready for living and or a rental property.Upstairs unit has carpet in the 2 living rooms and the 3 additional rooms are bare wood subflooring ready for carpet or laminate or any flooring type you desire. Upstairs unit was previously Stoepel Street Farms www.stoepelstreetfarms.com.Video of Upstairs Unit:https://youtu.be/VvqCv_78GioUpstairs Units Bathroom and kitchen are not completed but Toilet, Tub, Kitchen Countertop, Sink and alot of extras are included and will be left for the buyer.Upstairs unit has access to a fairly big attic that is big and could be made into a livable area as well.Basic Items that will be stipulated in the Owner Carry Financed Contract: Seller is granting a Owner Finance options with the following terms:Buyer must keep property free of blight over the term of contract for purchase.Buyer must continue rehabilitation of the property and send bi-monthly updates to owner, during the time there is a balance owed to buyer.Seller will be responsible for property taxes for first year of contract, after 1 year, January 2022, buyer will assume and be responsible for property taxes yearly (Approximately $1400 per yer).Buyer will not be more than 2 payments late on payments for any reason over the 60 month term.Owner reserves the right to reclaim immediate possession of the property if Buyer in this Purchase Agreement defaults for a period of over 2 months. This stipulation is agreed by both parties and understood that a default of over 2 months, 60 days,will result in possession of the property being returned to the owner and all monetary amount previously paid by the buyer will be forfeited to the seller. Buyer will have 2 weeks after down payment and contract has been signed to turn all utilities into Buyers name. All utilities payments will be the responsibility of the buyer and any such default or lien placed on the property due to unpaid utilities will result in forfeiture of the property to owner.This Property is being sold as-is of course. Property is being sold with all taxes being current and there are no liens or encumbrances. Happy bidding! Contact me with any questions.
DOWN PAYMENT IS DUE WITHIN 5 DAYS OF AUCTIONS END.
Price distribution "2 Story 6/BR Residential Home Detroit Michigan *Handyman Special* OWNER FINANCED" vs 31 similar items
Average price: 19927$
Low price: 7$
High price: 87520$