NOT LISTED FOR SALE

1331 Ferris Ave Lincoln Park, MI 48146

Estimated Value: $111,664 - $139,000

2 Beds
1 Bath
824 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $80,000 $97 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $847/month

4 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Living Room
  • Whirlpool Bathtub
  • Porch
  • 3-minute walk to VFW Park

About This Home

As of July 2021

Come take a look at this adorable home. Bathroom updated in 2020 with jacuzzi tub. Roof is less than 10 years old. Large pantry. Tankless/on demand hot water tank (2020). There is room for a garage in this fully fenced backyard with gates in place for alley access. Home is offered "as is". Per sellers request Buyer to order and assume the city repairs

Last Agent to Sell the Property

Shelley Wellington

Real Estate One Southgate License #MCAR-6501409314 Listed on: 06/19/2021

Real Estate One Southgate

Last Buyer's Agent

Brian Hayden

Key Realty License #6501430906

Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30 x 94
  • Fenced Yard

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 824 Sq Ft Home
  • Living Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Internet Available

Community Details

  • Robindale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-002-05-0105-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 996
  • Total Tax Year: 2020
  • Year Built: 1926
  • Mail City: Lincoln Park
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Ceramic Floors, Spa/Jetted Tub
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 10 x 9
  • Bedroom 1 Floor Covering: Laminate
  • Bedroom 2: On Entry Level, Dimensions: 10 x 9
  • Bedroom 2 Floor Covering: Laminate
  • Bathrooms Description: Whirlpool/Hot Tub, First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry, Flooring: Ceramic
  • Room Types: Living Room, Lower Level Laundry, Utility/Laundry Room
  • Kitchen: On Entry Level, Dimensions: 9 x 12
  • Kitchen Features: Pantry
  • Kitchen Floor Covering: Laminate
  • Laundry: On Entry Level, Dimensions: 9 x 9
  • Laundry Room Floor Covering: Vinyl
  • Living Room: On Entry Level, Dimensions: 16 x 12
  • Living Room Floor Covering: Laminate
  • Above Grade Finished Sq Ft: 824
  • Total Finished Sq Ft: 824

Exterior Features

  • Exterior: Aluminum, Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Sidewalks, Storms/Screens, Street Lights
  • Foundation: Crawl
  • Frontage: 30
  • Road: Paved Street
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Tankless Hot Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 45-002-05-0105-000
  • Zoning: Residential
  • Location: Subdivision, Sidewalks
  • Lot Description: Sidewalks
  • Lot Dimensions: 30 x 94
  • Acreage: 0.07
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $800.00
  • Winter Tax: Year: 2020, Amount: $196.00
  • Total Tax: Year: 2020, Amount: $996.00

MLS Schools

  • School District: Lincoln Park Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Fast Track Investing Llc
Bought by
Fast Track Investing Portfolio 1 Llc
Current Estimated Value
$122,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,432,100
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jul 16, 2021
Sold by
Belcher Randall and Belcher Nealie
Bought by
Fast Track Investing Llc
Seller's Agent
Shelley Wellington
Real Estate One Southgate
Buyer's Agent
Brian Hayden
Key Realty
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Listed on
Jan 18, 2012
Closed on
Mar 8, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Provident Funding Associates
Seller's Agent
Gwendolyn Mitchell
Real Estate One-WB/FH
Buyer's Agent
Dean Agius
3Sixty5 Realty
List Price
$10,000
Sold Price
$10,500
Premium/Discount to List
$500
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%

Purchase Details

Closed on
May 18, 2011
Sold by
Clark Teri
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 6, 2005
Sold by
Jennings Angela L and Larson Angela L
Bought by
Clark Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
8.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 3, 2000
Sold by
Goodman Harold
Bought by
Larson Angela L
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
Fast Track Investing Portfolio 1 Llc -- None Listed On Document
Fast Track Investing Llc $80,000 Capital Title Ins Agcy Inc
Provident Funding Associates -- Thoroughbred Title Agency
Federal Home Loan Mortgage Corp $13,000 None Available
Clark Teri $82,000 Multiple
Larson Angela L $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fast Track Investing Portfolio 1 Llc $1,432,100
Previous Owner Fast Track Investing Llc $1,035,000
Previous Owner Clark Teri $87,200
Previous Owner Clark Teri $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $80,000 0.0% $97 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $80,000 +661.9% $97 / Sq Ft
04/09/2012 04/09/12 Sold $10,500 +5.0% $13 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $10,000 -- $12 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,148 $50,500 $0 $0
2024 $2,148 $45,100 $0 $0
2023 $2,255 $37,800 $0 $0
2022 $2,271 $31,600 $0 $0
2021 $1,006 $26,400 $0 $0
2020 $997 $23,800 $0 $0
2019 $788 $20,100 $0 $0
2018 $860 $17,500 $0 $0
2017 $586 $17,600 $0 $0
2016 $1,024 $18,600 $0 $0
2015 $1,830 $18,300 $0 $0
2013 $1,940 $20,200 $0 $0
2012 $1,188 $21,000 $4,700 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50045668

Michigan Multiple Listing Service

APN: 45-002-05-0105-000