NOT LISTED FOR SALE

1276 Wilson Ave Lincoln Park, MI 48146

Estimated Value: $115,000 - $159,000

4 Beds
2 Baths
1,436 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $18,500 $13 Per Sq Ft

Est. 667% increase in value since last sale

Current estimated payment $942/month

10 Days on Market

Highlights

  • Forced Air Heating System
  • Garage
  • 2-minute walk to VFW Park

About This Home

As of August 2017

Potentially Wonderful income property, upper unit needs minimal repair, lower unit need full rehab. Separate electric, common gas & water. Priced to sell

Last Agent to Sell the Property

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221 Listed on: 08/07/2017

Last Buyer's Agent

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221 Listed on: 08/07/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x115.00

Parking

  • Garage

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,436 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units
  • Marion Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45007020220000

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 39.18
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Total Sq Ft: 1436

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

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

Lot Info

  • List Price per Acre: 266666.6667
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X115.00
  • Parcel Number: 45007020220000
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1612.0000
  • Tax Amount Winter: 388.0000
  • Total Tax: 2000.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2019
Sold by
Fernandez Cristian
Bought by
Melao Investments Llc
Current Estimated Value
$141,819

Purchase Details

Closed on
Aug 10, 2018
Sold by
Ankada Construction Llc
Bought by
Fernandez Cristian

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 23, 2017
Sold by
Caledon Propety Llc
Bought by
Ankada Consytuction Llc
Seller's Agent
Bill Swanson
O'Connor Realty Detroit, LLC
Buyer's Agent
Bill Swanson
O'Connor Realty
List Price
$24,000
Sold Price
$18,500
Premium/Discount to List
-$5,500
-22.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.27%

Purchase Details

Closed on
Nov 13, 2013
Sold by
Wayne County Treasurer
Bought by
Michigan Property Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 25, 2013
Sold by
Michigan Property Residential Llc
Bought by
Caledon Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Melao Investments Llc -- None Available
Fernandez Cristian $61,000 None Available
Ankada Consytuction Llc $18,500 None Available
Michigan Property Residential Llc $11,000 None Available
Caledon Property Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caledon Property Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $18,500 -22.9% $13 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $24,000 -- $17 / 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 $2,391 $67,400 $0 $0
2024 $2,391 $62,100 $0 $0
2023 $2,270 $52,000 $0 $0
2022 $2,528 $47,600 $0 $0
2021 $3,191 $45,600 $0 $0
2020 $2,313 $33,200 $0 $0
2019 $1,296 $29,500 $0 $0
2018 $1,509 $25,700 $0 $0
2017 $776 $25,500 $0 $0
2016 $2,000 $25,500 $0 $0
2015 $2,510 $25,100 $0 $0
2013 $2,680 $28,100 $0 $0
2012 $2,274 $28,900 $5,100 $23,800
Source: Public Records

Agents Affiliated with this Home

  • Bill Swanson

    Seller's Agent in 2017

    Bill Swanson

    O'Connor Realty Detroit, LLC

    (313) 506-5471

    112 Total Sales

    Bill Swanson
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Map

Source: Realcomp

MLS Number: 217070184

Realcomp

APN: 45-007-02-0220-000

Michigan Wayne County Lincoln Park 48146

1276 Wilson Ave, Lincoln Park, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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