NOT LISTED FOR SALE

1172 Champaign Rd Lincoln Park, MI 48146

Estimated Value: $224,000 - $276,000

5 Beds
3 Baths
1,883 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $112,000 $59 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,661/month

66 Days on Market

About This Home

As of October 2016

Excellent opportunity on this all brick 2 family! Incredible character throughout! Very unique design and a must see. Intricate plaster detail, hardwood floors, multiple fireplaces and so much more. Living room, dining room, kitchen, 3 bedrooms and bathroom in lower level. Living room, dining room, kitchen, 2 bedrooms and bathroom up stairs. Full basement with finished area and fireplace. Upper unit has very cool sitting area outside entrance. One car garage. live in one unit and rent the other or rent them both for maximum income potential. A true must see!

Last Agent to Sell the Property

Jennifer Seiler

@properties Christie's Int'l R.E. Royal Oak License #6501291096 Listed on: 07/23/2016

@properties Christie's Int'l R.E. Royal Oak

Co-Listed By

Paul Corona

3DX Real Estate LLC Troy License #6501282335

Last Buyer's Agent

Jay Harrison

KW Professionals License #RCO-6502361033

KW Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1935

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.00x108.00

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 1,883 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Washington Gardens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45012010011000
  • $3,300 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,366

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 38.45
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 3087
  • Sq Ft Lower Floor: 1204
  • Total Sq Ft: 1883
  • Sq Ft Total Bsmt: 1204

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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: 799333.3333
  • Lot Size Area: 0.15
  • Lot Dimensions: 60.00X108.00
  • Parcel Number: 45012010011000
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1550

Tax Info

  • Tax Amount Summer: 1801.0000
  • Tax Amount Winter: 565.0000
  • Total Tax: 2366.0000

Multi Family

  • Gross Scheduled Income: 18600.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2016
Closed on
Oct 28, 2016
Sold by
Draft Christina M and West Christina Marie
Bought by
Keimney Kevin M
Seller's Agent
Jennifer Seiler
@properties Christie's Int'l R.E. Royal Oak
Buyer's Agent
Jay Harrison
KW Professionals
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%
Current Estimated Value
$243,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,266
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jan 9, 2004
Sold by
Chevillet Gary Allen and Chevillet Carole Ann
Bought by
Draft Christina M
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
Keimney Kevin M $112,000 Edge Title Agenncy
Draft Christina M $155,000 Tri-County Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $112,000 -6.6% $59 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $119,900 -- $64 / 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 $4,394 $117,700 $0 $0
2024 $4,394 $117,000 $0 $0
2023 $4,473 $102,700 $0 $0
2022 $4,142 $77,500 $0 $0
2021 $3,064 $74,300 $0 $0
2020 $3,039 $63,200 $0 $0
2019 $2,375 $59,100 $0 $0
2018 $2,140 $53,300 $0 $0
2017 $1,297 $51,000 $0 $0
2016 $3,152 $45,600 $0 $0
2015 $4,390 $43,900 $0 $0
2013 $4,480 $45,800 $0 $0
2012 $2,771 $48,100 $7,700 $40,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216073168

Realcomp

APN: 45-012-01-0011-000