NOT LISTED FOR SALE

1124 Lincoln Ave Lincoln Park, MI 48146

Estimated Value: $137,991 - $185,000

3 Beds
2 Baths
1,388 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $65,000 $47 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $986/month

167 Days on Market

Highlights

  • Covered Patio or Porch
  • Private Entrance
  • Fenced
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of May 2016

PROPERTY IN EXCELLENT CONDITION, CURRENTLY A 2 UNIT INCOME W 2 BDRM AND 1 BDRM UNITS, UP AND DOWN, COULD EASILY CONVERT TO VERY LARGE 4+ BEDROOM SINGLE FAMILY RESIDENCE BY REMOVING UPSTAIRS KITCHEN. LOTS OF CHARACTER, IN NEIGHBORHOOD OF LARGER WELL KEPT BRICK HOMES, WONDERFUL COVERED FRONT PORCH, WET PLASTER WALLS, HARDWOOD FLOORS THROUGHOUT, SOLID WOODEN DOORS. GOOD, DRY BASEMENT WITH LAUNDRY HOOKUPS, ROOF ONLY 4 YEARS, CEMENT 5 YEARS, PAVED AND READY FOR A GARAGE, WALLSIDE WINDOWS, LOTS OF CURB APPEAL AND PROPERTY HAS BEEN WELL MAINTAINED. ***NOTE TAXES NON HOMESTEADED, WILL BE LOWER IF NEW OWNER FILES HOMESTEAD.

Last Agent to Sell the Property

Barbara Biskner

Century 21 A 1 Realty License #6501297402 Listed on: 10/21/2015

Century 21 A 1 Realty

Last Buyer's Agent

Deborah Black

Pro Realty License #6501275953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Private Entrance
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,388 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Parking

  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 45009030243000

Community Details

Overview

  • 2 Units
  • Lincoln Park Sub No 1 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1388
  • Total Sq Ft: 1388
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Gravity
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lincoln Park

Lot Info

  • List Price per Acre: 608333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X125
  • Parcel Number: 45009030243000
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 1392.0000
  • Tax Amount Winter: 284.0000
  • Total Tax: 1676.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2015
Closed on
May 20, 2016
Sold by
Mosher Moore Mary and Galazka Shawn
Bought by
Wcr Properties Llc
Seller's Agent
Barbara Biskner
Century 21 A 1 Realty
Buyer's Agent
Deborah Black
Pro Realty
List Price
$73,000
Sold Price
$65,000
Premium/Discount to List
-$8,000
-10.96%
Current Estimated Value
$158,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,498
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Moore Timothy D
Bought by
Moore Mary D

Purchase Details

Closed on
Oct 18, 2001
Sold by
Deamud Donald
Bought by
Moore Mary Mosher

Purchase Details

Closed on
Mar 31, 1999
Sold by
Kaleel Julie E
Bought by
Demund Donald
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
Wcr Properties Llc $65,000 Michigan Title Ins Agency In
Moore Mary D -- Attorney
Moore Mary Mosher $93,000 --
Demund Donald $74,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $65,000 -11.0% $47 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
10/21/2015 10/21/15 For Sale $73,000 -- $53 / 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 $1,836 $66,100 $0 $0
2024 $1,836 $57,800 $0 $0
2023 $1,742 $53,700 $0 $0
2022 $1,939 $43,200 $0 $0
2021 $1,893 $41,500 $0 $0
2020 $1,875 $34,200 $0 $0
2019 $1,572 $28,200 $0 $0
2018 $1,451 $25,900 $0 $0
2017 $741 $24,200 $0 $0
2016 $1,734 $24,600 $0 $0
2015 $2,390 $23,900 $0 $0
2013 $2,480 $25,400 $0 $0
2012 $2,084 $26,700 $5,500 $21,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215114258

Realcomp

APN: 45-009-03-0243-000