
$5,000
- 4 Beds
- 1 Bath
- 1,320 Sq Ft
- 3826 Burlingame St
- Detroit, MI
Calling all investors. Rehab this 4 Bedroom Frame Bungalow. It is fire damaged. Comes with 3 lots. BATVAI
Leonard Pickett RCH Brokerage Legacy Inc
Estimated payment $30/month
Welcome to the latest offering from the Detroit Land Bank Authority. 2 bedroom frame home just ready for your renovation touches. Property needs a full rehab and all buyers are required to follow DLBA offer guidelines in order to purchase. 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. Please refer to DLBA proposal guidelines
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $1,227 | $0 | $0 | $0 |
2024 | $1,227 | $20,900 | $0 | $0 |
2023 | $752 | $16,700 | $0 | $0 |
2022 | $794 | $12,100 | $0 | $0 |
2021 | $776 | $9,700 | $0 | $0 |
2020 | $775 | $8,400 | $0 | $0 |
2019 | $766 | $5,940 | $0 | $0 |
2018 | $0 | $0 | $0 | $0 |
2017 | $533 | $0 | $0 | $0 |
2016 | $240 | $0 | $0 | $0 |
2015 | $533 | $0 | $0 | $0 |
2013 | $533 | $5,325 | $0 | $0 |
2010 | -- | $7,630 | $600 | $7,030 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/30/2022 09/30/22 | For Sale | $4,500 | -- | $6 / Sq Ft |
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Quit Claim Deed | $7,600 | None Available | |
Quit Claim Deed | -- | None Available |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,760,000 | Future Advance Clause Open End Mortgage |
Source: Realcomp
MLS Number: 20221046759
APN: 16-021227