NOT LISTED FOR SALE

1381 Keppen Blvd Lincoln Park, MI 48146

Estimated Value: $131,000 - $162,000

2 Beds
2 Baths
1,103 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $29,000 $26 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $865/month

27 Days on Market

About This Home

As of June 2014

Nice short sale opportunity 2 family - live in one rent out the other. The property has some nice features and would be a great place to start. ALL SALES are subject to 3rd party approval with Bank of America. All SALES ARE as-is seller will make no repairs or provide no assistance. Property features 2 bedroom main floor unit and an upper studio style unit. The subject has a full basement and a 2 car garage. Process of the short sale to start after accepted offer.

Last Agent to Sell the Property

Brian Matelic

EXP Realty Shelby Twp License #6501274764 Listed on: 03/21/2014

Last Buyer's Agent

Ghazy Mustapha

The Signature Group Realty, LLC License #6501285659

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 105 x 40 x 105

Parking

  • Garage

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,103 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Elmwood Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45006040462002

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1103
  • Total Sq Ft: 1103
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage: Yes

Utilities

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

Schools

  • School District: Lincoln Park

Lot Info

  • List Price per Acre: 299000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40 x 105 x 40 x 105
  • Parcel Number: 45006040462002
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 1580.0000
  • Tax Amount Winter: 323.0000
  • Total Tax: 1903.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Efficiency Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jun 23, 2014
Sold by
Martin Kenneth D
Bought by
Mejia Rebecca
Seller's Agent
Brian Matelic
EXP Realty Shelby Twp
Buyer's Agent
Ghazy Mustapha
The Signature Group Realty, LLC
List Price
$29,900
Sold Price
$29,000
Premium/Discount to List
-$900
-3.01%
Current Estimated Value
$141,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,521
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Larowe Delores
Bought by
Kenneth D Martin
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
Mejia Rebecca $29,000 Reputation First Title
Kenneth D Martin $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Kenneth D $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2014 06/23/14 Sold $29,000 -3.0% $26 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $29,900 -- $27 / 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 $1,357 $71,300 $0 $0
2024 $1,357 $60,500 $0 $0
2023 $1,286 $56,400 $0 $0
2022 $1,520 $46,400 $0 $0
2021 $1,488 $43,500 $0 $0
2020 $1,475 $31,600 $0 $0
2019 $1,166 $29,500 $0 $0
2018 $1,050 $25,900 $0 $0
2017 $801 $25,500 $0 $0
2016 $1,410 $26,600 $0 $0
2015 $2,600 $26,000 $0 $0
2013 $2,770 $29,000 $0 $0
2012 $2,356 $30,100 $5,500 $24,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214023290

Realcomp

APN: 45-006-04-0462-002