W John St, Newberry, MI

Listing description

What the seller provided

Industrial Improved at W John St in Newberry, Luce County, MI, held and offered for resale to the public by the Michigan State Land Bank Authority. Lot 80 x 122 ft, 0.22 acres. Legal description: SEC 26 T46N R10WBEG 540' W OF SW COR OF BLK 49 OF SECOND ADDITIONTO THE VILLAGE OF NEWBERRY, TH W 42', TH N 414'TO POB, TH E 122', TH S 80', TH W 122',TH N 80' TO POB., T46N R10W SEC 26. Came to the state land bank by fast track title vestment after the 2015 tax foreclosure. Priced on application. See the official property portal to view details and apply to purchase.

How this sale works

Land bank or city-owned property sale

A public land bank or city agency is disposing of property it already holds, usually acquired through tax foreclosure. Prices are set or negotiated rather than auctioned.

• Many programs sell by application or fixed price and may require a rehab plan, owner-occupancy or a deadline to build.
• Title is generally cleared by the land bank, which is a major advantage over a tax sale.
• Expect program eligibility rules, and sometimes a preference for neighbors, nonprofits or first-time buyers.

How to buy government surplus land and lots →

General information, not legal advice. The official sale notice controls.

Record details

Acres

0.22 acres

Property class

Industrial Improved

County

Luce

Subdivision

T46N R10W SEC 26

Parcel number

0410032602250

Legal description

SEC 26 T46N R10WBEG 540' W OF SW COR OF BLK 49 OF SECOND ADDITIONTO THE VILLAGE OF NEWBERRY, TH W 42', TH N 414'TO POB, TH E 122', TH S 80', TH W 122',TH N 80' TO POB.

Status

Acquired

Local unit

Village of Newberry

ZIP

49868

Street address

W John St

Lot dimensions

80 x 122 ft

Acquisition method

Fast Track Title Vestment

Foreclosure year

2015

Inventory type

State Land Bank