NOT LISTED FOR SALE

1401 E Lincoln Ave Royal Oak, MI 48067

Estimated Value: $340,000 - $378,000

3 Beds
1.5 Baths
1,252 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $230,000 $184 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,196/month

7 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Bungalow
  • Royal Oak High School Rated 9+
  • 2 Car Detached Garage
  • 3-minute walk to VFW Park

About This Home

As of July 2018

This wonderfully maintained bungalow features numerous updates and is situated on a corner lot. Home is walking distance from downtown Royal Oak. Original hardwood floors throughout home, including second floor which boasts two walk-in closets, built-ins and a half bathroom. Kitchen and bathroom counters and cabinets have been updated.. Other updates include: new roof (2018), air conditioning (2017), furnace (2014) and added insulation in attic. Basement is partially finished with so much potential.

Last Agent to Sell the Property

Dina Vailliencourt

Real Estate One-Troy License #6501402327 Listed on: 06/15/2018

Real Estate One-Troy

Last Buyer's Agent

Caitlin Rosso

Max Broock, REALTORS®-Birmingham License #RCO-6502391167

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 47.26x99.92
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,252 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Resub Of White Acres Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522282018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, Programmable Thermostat
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1369
  • Sq Ft Lower Floor: 117
  • Total Sq Ft: 1252
  • Sq Ft Total Bsmt: 825

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 47
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2227272.7273
  • Lot Size Area: 0.11
  • Lot Dimensions: 47.26X99.92
  • Parcel Number: 2522282018

Tax Info

  • Tax Amount Summer: 1880.0000
  • Tax Amount Winter: 451.0000
  • Total Tax: 2331.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 31, 2018
Sold by
Hodge Alan Dale
Bought by
Baker Willis J and Baker Jayne P
Seller's Agent
Dina Vailliencourt
Real Estate One-Troy
Buyer's Agent
Caitlin Rosso
Max Broock, REALTORS®-Birmingham
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Current Estimated Value
$355,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,768
Avg. Annual Appreciation
6.44%
Original Mortgage
$184,000
Outstanding Balance
$161,769
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$196,676

Purchase Details

Closed on
May 30, 2006
Sold by
Hodge Matthew S
Bought by
Hodge Alan Dale and Wilson Dale H
Source: Public Records

Range of Values:

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Average Value
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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
Baker Willis J $230,000 None Available
Hodge Alan Dale -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Willis J $50,000
Closed Baker Willis J $30,000
Open Baker Willis J $184,000
Previous Owner Hodge Alan Dale $33,000
Previous Owner Hodge Alan D $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $230,000 -6.1% $184 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/19/2018 06/19/18 Price Changed $245,000 +2.1% $196 / Sq Ft
06/15/2018 06/15/18 For Sale $240,000 -- $192 / 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
2024 $3,264 $130,510 $0 $0
2022 $3,857 $121,350 $0 $0
2020 $3,350 $108,800 $0 $0
2018 $3,857 $88,490 $0 $0
2017 $2,313 $88,490 $0 $0
2015 -- $74,770 $0 $0
2014 -- $65,530 $0 $0
2011 -- $51,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218054210

Realcomp

APN: 25-22-282-018