NOT LISTED FOR SALE

1363 Chandler Ave Lincoln Park, MI 48146

Estimated Value: $172,000 - $204,000

4 Beds
2 Baths
1,908 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 16, 2013

Last sale price $46,000 $24 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,206/month

13 Days on Market

About This Home

As of May 2013

This is a Fannie Mae HomePath Property. Purchase this property for as little as 3% down! This Property is approved for HomePath Renovation Mortgage Financing. Excellent Opportunity to own a multi family that is in very good condition. Newer windows, concrete, plumbing, electrical and furnaces. Shows great.

Last Agent to Sell the Property

Mario Ferrante

Help-U-Sell of Metro Detroit License #6501242079 Listed on: 04/04/2013

Last Buyer's Agent

Cynthia Moreno

RE/MAX Innovation License #RCO-6501360360

RE/MAX Innovation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 30x105

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,908 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Robinwood Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45002060160000

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1908
  • Total Sq Ft: 1908

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lincoln Park

Lot Info

  • List Price per Acre: 323214.0000
  • Lot Size Area: 0.14
  • Lot Dimensions: 30X105
  • Parcel Number: 45002060160000
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 2775.0000
  • Tax Amount Winter: 433.0000
  • Total Tax: 3208.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2013
Closed on
Apr 23, 2013
Sold by
Fannie Mae
Bought by
Arredondo Angel and Arredondo Maria Elena
Seller's Agent
Mario Ferrante
Help-U-Sell of Metro Detroit
Buyer's Agent
Cynthia Moreno
RE/MAX Innovation
List Price
$45,250
Sold Price
$46,000
Premium/Discount to List
$750
1.66%
Current Estimated Value
$188,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,869
Avg. Annual Appreciation
12.38%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jan 12, 2012
Sold by
Ransom Delores and Ransom Raymond E
Bought by
Jpmorgan Chase Bank National Association and Washington Mutual Bank

Purchase Details

Closed on
Mar 20, 1998
Sold by
Ballard Angela J and Ballard Dan
Bought by
Ransom Delores
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
Fannie Mae -- None Available
Jpmorgan Chase Bank National Association $120,981 None Available
Ransom Delores $62,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2013 05/16/13 Sold $46,000 +1.7% $24 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $45,250 -- $24 / 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 $2,214 $112,400 $0 $0
2024 $2,214 $106,300 $0 $0
2023 $1,657 $77,300 $0 $0
2022 $1,961 $65,700 $0 $0
2021 $1,918 $56,400 $0 $0
2020 $1,901 $50,800 $0 $0
2019 $1,502 $43,200 $0 $0
2018 $1,353 $34,300 $0 $0
2017 $977 $34,100 $0 $0
2016 $1,743 $32,900 $0 $0
2015 $3,230 $32,300 $0 $0
2013 $3,610 $36,100 $0 $0
2012 $2,921 $37,300 $6,700 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213030893

Realcomp

APN: 45-002-06-0160-000