NOT LISTED FOR SALE

6343 Barlum St Detroit, MI 48210

Claytown Neighborhood

Estimated Value: $86,000 - $128,000

8 Beds
4 Baths
2,518 Sq Ft
$41/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $10,000 $4 Per Sq Ft

Est. 937% increase in value since last sale

Current estimated payment $566/month

59 Days on Market

Highlights

  • Colonial Architecture
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of October 2020

Great opportunity for experienced investors. This building contains 4 apartments. Each unit contains 2 bedrooms and 1 bath.The seller is the Detroit Land Bank Authority. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. Please note that the Detroit Land Bank Authority is en.titled 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 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 see attached documents for requirements. ALL OFFERS ARE DUE BY CLOSE OF BUSINESS DAY ON Friday, 2/21/2020.

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 01/28/2020

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 01/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31.00x120.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4 Full Bathrooms
  • 2,518 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Barlum And Willetts Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I003370S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 500.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2518
  • Total Sq Ft: 2518
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 31.00X120.00
  • Parcel Number: W18I003370S
  • Zoning: Multi-Family

Tax Info

  • Taxable Value: 500.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Barlum Investments Llc
Bought by
Herrera Oscar
Current Estimated Value
$103,667

Purchase Details

Listed on
Jan 28, 2020
Closed on
Dec 22, 2020
Sold by
Detroit International Holding Llc
Bought by
Barium Investments
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.30%

Purchase Details

Listed on
Jan 28, 2020
Closed on
Sep 21, 2020
Sold by
Detroit Land Bank Authority
Bought by
Detroit International Holdings Llc
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
List Price
$10,000
Sold Price
$10,000

Purchase Details

Closed on
Nov 30, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Mar 20, 2012
Sold by
City Of Detroit
Bought by
Freytes Andrea
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herrera Oscar $300 None Listed On Document
Barium Investments -- None Available
Detroit International Holdings Llc $1,000 None Available
Detroit Land Bank Authority -- None Available
Freytes Andrea $308 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $10,000 0.0% $4 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $10,000 -- $4 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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 $38 $1,200 $0 $0
2024 $38 $500 $0 $0
2023 $38 $500 $0 $0
2022 $44 $500 $0 $0
2021 $78 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $500 $0 $0
2017 $9 $500 $0 $0
2016 $98 $1,100 $0 $0
2015 $110 $1,100 $0 $0
2013 -- $0 $0 $0
2010 -- $429 $429 $0
Source: Public Records

Agents Affiliated with this Home

  • Leonard Pickett

    Seller's Agent in 2020

    Leonard Pickett

    RCH Brokerage Legacy Inc

    (313) 510-7887

    2 in this area

    177 Total Sales

    Leonard Pickett
    Section Image
  • Clarence Wilson

    Seller Co-Listing Agent in 2020

    Clarence Wilson

    RCH Brokerage Legacy Inc

    (313) 467-0009

    2 in this area

    229 Total Sales

    Clarence Wilson
    Section Image
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Map

Source: Realcomp

MLS Number: 2200007376

Realcomp

APN: 18-003369

Michigan Wayne County Detroit 48210 Claytown

6343 Barlum St, Detroit, MI

This home is located at 6343 Barlum St, Detroit, MI 48210 since 28 January 2020 and is currently estimated at $103,667, approximately $41 per square foot. This property was built in 1925. 6343 Barlum St is a home located in Wayne County with nearby schools including Priest Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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