NOT LISTED FOR SALE

1172 Progress Ave Lincoln Park, MI 48146

Estimated Value: $197,000 - $236,000

4 Beds
3 Baths
2,360 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $99,900 $42 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,434/month

190 Days on Market

Highlights

  • Patio
  • Garage
  • Fenced
  • Ceiling Fan

About This Home

As of August 2015

Very well maintained rental properties. Full of character and charm. Roof replaced approx. 1995. Electrical updated approx. 1995. New boiler in Oct. 2004. New driveway and patio Sept. 2010. New rear privacy fence in July 2007. City certs are completed. This property also includes an extra lot and a one car garage with storage areas. Partially finished basement with a full bathroom. Unit 1 (entry level) is approx. 1180 sq ft. Unit 2 (upper level) is approx. 590 sq. ft. Unit 3 (upper level) approx. 590 sq. ft. All units are currently rented under lease. Please allow time to schedule showings with tenants.

Last Agent to Sell the Property

Lisa Gutenschwager

Blue Skies Realty License #6501287955 Listed on: 01/11/2015

Last Buyer's Agent

Tony Belcuore

Century 21 Allstars License #RCO-6501115037

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 80 x 100
  • Fenced

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Outdoor Features

  • Patio

Utilities

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

Community Details

  • 3 Units
  • Washington Gardens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45012010162300

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2360

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, Paved

Utilities

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

Lot Info

  • Lot Dimensions: 80 x 100
  • Parcel Number: 45012010162300
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 2632.0000
  • Tax Amount Winter: 536.0000
  • Total Tax: 3168.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2015
Closed on
Aug 12, 2015
Sold by
Carpenter Estates Llc
Bought by
Singh Parminder
Seller's Agent
Lisa Gutenschwager
Blue Skies Realty
Buyer's Agent
Tony Belcuore
Century 21 Allstars
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$213,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,381
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Dec 30, 2008
Sold by
Bazner Mary E
Bought by
Carpenter Estates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Singh Parminder $99,900 Fidelity National Ttl Ins Co
Singh Parminder -- Fidelity National Title
Carpenter Estates Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2015 08/12/15 Sold $99,900 0.0% $42 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $99,900 -- $42 / Sq Ft
Source: Realcomp

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 $3,749 $121,700 $0 $0
2024 $3,674 $120,200 $0 $0
2023 $3,488 $105,300 $0 $0
2022 $3,880 $88,200 $0 $0
2021 $3,789 $84,600 $0 $0
2020 $3,752 $71,100 $0 $0
2019 $3,146 $65,300 $0 $0
2018 $2,903 $55,300 $0 $0
2017 $1,407 $52,700 $0 $0
2016 $3,433 $47,400 $0 $0
2015 $4,570 $45,700 $0 $0
2013 $4,660 $48,700 $0 $0
2012 $3,928 $50,100 $9,500 $40,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215002959

Realcomp

APN: 45-012-01-0162-300

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