NOT LISTED FOR SALE

1331 Progress Ave Lincoln Park, MI 48146

Estimated Value: $184,000 - $208,000

4 Beds
2 Baths
1,976 Sq Ft
$99/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $100,000 $51 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,151/month

19 Days on Market

Highlights

  • Terrace
  • Forced Air Heating System
  • High Speed Internet
  • Covered Patio or Porch
  • Garage

About This Home

As of March 2017

Incredible opportunity for landlord or owner occupant. This 2 unit upper/lower duplex is priced to sell. The two unit home has updates throughout including kitchen, bathroom, roof, appliances and much more. Hardwood floors throughout both units. Easy access to major freeways. Lower unit recently vacated, but easily rented in the past. Upper unit is on a month to month lease. 24 hour notice to show.

Last Agent to Sell the Property

Rodger Dabish

RE/MAX Classic License #6501342792 Listed on: 01/26/2017

RE/MAX Classic

Last Buyer's Agent

Connie Samuels

Clients First, REALTORS® License #6501306445

Clients First, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 2.28x114.00

Parking

  • Garage

Home Design

  • Duplex
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,976 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch
  • Terrace

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Lincolnshire Sub Lincoln Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45013030136302
  • $1,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,895

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 1976

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch - Covered, Terrace
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • 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: 668750.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 2.28X114.00
  • Parcel Number: 45013030136302
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1475

Tax Info

  • Tax Amount Summer: 1534.0000
  • Tax Amount Winter: 361.0000
  • Total Tax: 1895.0000

Multi Family

  • Gross Scheduled Income: 17700.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 30, 2017
Sold by
Cornerstonen Homes Of Northern Michigan
Bought by
Duncan Timothy
Seller's Agent
Rodger Dabish
RE/MAX Classic
Buyer's Agent
Connie Samuels
Clients First, REALTORS®
List Price
$107,000
Sold Price
$100,000
Premium/Discount to List
-$7,000
-6.54%
Current Estimated Value
$195,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,068
Avg. Annual Appreciation
8.09%
Original Mortgage
$100,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Dec 17, 2001
Sold by
Duncan Timothy W
Bought by
Cornerstone Homes Of Northern Michi

Purchase Details

Closed on
Sep 10, 2001
Sold by
Mixter Kenneth J
Bought by
Cornerstone Homes Of Northern Michi
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
Duncan Timothy -- None Available
Phillips Leonard $100,000 None Available
Cornerstone Homes Of Northern Michi -- --
Cornerstone Homes Of Northern Michi $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Leonard $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $100,000 -6.5% $51 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $107,000 0.0% $54 / Sq Ft
12/19/2013 12/19/13 Rented $700 0.0% --
12/19/2013 12/19/13 Under Contract -- -- --
11/19/2013 11/19/13 For Rent $700 +7.7% --
01/25/2012 01/25/12 Rented $650 0.0% --
01/25/2012 01/25/12 Under Contract -- -- --
11/07/2011 11/07/11 For Rent $650 -- --
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 $1,556 $85,300 $0 $0
2024 $1,556 $77,000 $0 $0
2023 $1,475 $71,400 $0 $0
2022 $1,740 $60,300 $0 $0
2021 $1,705 $46,400 $0 $0
2020 $1,690 $39,500 $0 $0
2019 $1,337 $37,700 $0 $0
2018 $1,204 $29,700 $0 $0
2017 $824 $29,900 $0 $0
2016 $1,946 $28,500 $0 $0
2015 $2,690 $26,900 $0 $0
2013 $2,800 $29,200 $0 $0
2012 $3,153 $30,100 $7,000 $23,100
Source: Public Records

Agents Affiliated with this Home

  • Rodger Dabish

    Seller's Agent in 2017

    Rodger Dabish

    RE/MAX

    (248) 514-4465

    1 in this area

    95 Total Sales

    Rodger Dabish
    Section Image

  • C

    Buyer's Agent in 2017

    Connie Samuels

    Clients First, REALTORS®

    Section Image

  • N

    Buyer's Agent in 2013

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2013

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 217006626

Realcomp

APN: 45-013-03-0136-302

Michigan Wayne County Lincoln Park 48146

1331 Progress Ave, Lincoln Park, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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