NOT LISTED FOR SALE

1220 E Lincoln Ave Unit 5 Royal Oak, MI 48067

Estimated Value: $149,000 - $173,000

2 Beds
1 Bath
679 Sq Ft
$325/mo HOA Fee

Last Sold November 17, 2023

Last sale price $153,000 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,385/month

2 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 1 Car Detached Garage
  • Corner Lot
  • Stainless Steel Appliances
  • Programmable Thermostat

About This Home

As of November 2023

Royal Oak welcomes you to this beautifully updated MOVE IN READY 2 bedroom condo. Located just a few blocks from Downtown Royal Oak and Emagine Theatres. Take a stroll to local coffee shops, restaurants, boutiques. Easy access to I696 and I75 freeways. Updated bathroom. Hardwood floors throughout home. First floor entry for easy access to your unit. Secured Building Entrance. Enjoy your own stackable washer/dryer in your own unit as well. Basement includes an assigned private storage unit for your extra items to store away. Carport with assigned parking spot with security lighting and new concrete driveway. New A/C unit 2023 with a transferrable warranty. HVAC 2022. Perfect 1031 Exchange. HOA includes gas, water, sewer, trash, lawn, snow and building common space maintenance.

Last Agent to Sell the Property

Rita Markoz

KW Domain License #6501411148 Listed on: 10/20/2023

KW Domain

Last Buyer's Agent

Marcia Levenson

Good Company License #6501424633

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 2018

Lot Details

  • Fenced
  • Level Lot
  • Sprinkler System

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • 679 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Poured Concrete
  • Asphalt Roof

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Parking

  • Carport
  • 1 Parking Garage Space

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Washer and Dryer
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2522405036

Community Details

Overview

  • Sandy Mcguire Association, Phone Number (586) 465-8003
  • Lincoln Oaks Condo Subdivision

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,935

Year Built

Built in 1957 | Remodeled in 2018

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • State Equalized Value: 60460.0000
  • Year Renovated: 2018
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, Fire Sprinkler, High Spd Internet Avail, Humidifier, Programmable Thermostat, Furnished - No
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer Dryer-All In One
  • Sq Ft Combined: 679
  • Total Sq Ft: 679
  • Sq Ft Total Bsmt: 679

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar, Poured
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Carport, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 586-465-8003 ext. 24/ smcguire@realtymartmgt.com
  • Association Fee: 325
  • Association Contact: Sandy McGuire
  • Association Fee: Yes

Schools

  • School District: Royal Oak

Lot Info

  • Lot Features: Corner Lot, Level, Sprinkler(s)
  • Parcel Number: 2522405036

Tax Info

  • Tax Amount Summer: 2494.0000
  • Tax Amount Winter: 441.0000
  • Total Tax: 2935.0000
  • Taxable Value: 53010.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 17, 2023
Sold by
Allison Christopher D and Allison Kathy J
Bought by
Kajmowicz Dawid
Seller's Agent
Rita Markoz
KW Domain
Buyer's Agent
Marcia Levenson
Good Company
List Price
$139,900
Sold Price
$153,000
Premium/Discount to List
$13,100
9.36%
Views
40
Current Estimated Value
$161,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,995
Avg. Annual Appreciation
3.56%
Original Mortgage
$80,000
Outstanding Balance
$78,901
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$83,705

Purchase Details

Listed on
Oct 20, 2023
Closed on
Oct 10, 2023
Sold by
Allison Christopher D and Allison Leslie K
Bought by
Allison Christopher D and Allison Kathy J
Seller's Agent
Rita Markoz
KW Domain
Buyer's Agent
Marcia Levenson
Good Company
List Price
$139,900
Sold Price
$153,000
Premium/Discount to List
$13,100
9.36%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$78,901
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$83,705

Purchase Details

Closed on
Jul 28, 2004
Sold by
Denmar Conversions Inc
Bought by
Allison Christopher D and Allison Leslie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Kajmowicz Dawid $153,000 Luxury Title Services
Kajmowicz Dawid $153,000 Luxury Title Services
Allison Christopher D -- None Listed On Document
Allison Christopher D -- None Listed On Document
Allison Christopher D $107,500 Parks Title
Allison Christopher D $107,500 Parks Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kajmowicz Dawid $80,000
Previous Owner Allison Christopher D $86,000
Previous Owner Allison Christopher D $10,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $153,000 +9.4% $225 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $139,900 -- $206 / 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
2024 $2,072 $70,500 $0 $0
2022 $2,820 $57,500 $0 $0
2020 $2,494 $57,150 $0 $0
2018 $2,820 $45,570 $0 $0
2017 $2,564 $45,570 $0 $0
2015 -- $44,740 $0 $0
2014 -- $58,320 $0 $0
2011 -- $55,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230088209

Realcomp

APN: 25-22-405-036