$112,500
SOLD NOV 8, 2024

1409 Charter St Lincoln Park, MI 48146

4 Beds
3 Baths
1,508 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

20% Below List Price

96 Days on Market

About This Home

As of July 2025

Welcome to this fantastic investment property . The house has a large front porch, it is on a double lot and is located on a dead end street. Upon entering the home you will see the beautiful large foyer, that allows for separate entry into each of the units. Both the upper and lower units have two bedrooms and also have original hardwood floors. The main level also features a fireplace, formal dining room and there is a walkout basement. The walkout basement also has a full kitchen, bath, bonus rooms and efficiency room. Each unit has separate utilities. All of the plumbing throughout the house, to the main, is new. Washer and dryer hookup on site as well. This house is a fantastic investment opportunity or great for a first time home buyer to utilize one of the down payment assistance programs. You don't want to miss this one. Home is under video surveillance - BATVAI

Last Agent to Sell the Property

Stacy Bazman

Century 21 Curran & Oberski License #6501406072 Listed on: 07/25/2024

Century 21 Curran & Oberski

Co-Listed By

Jillian Striz

Century 21 Curran & Oberski License #6501437377

Century 21 Curran & Oberski

Last Buyer's Agent

Jillian Striz

Century 21 Curran & Oberski License #6501437377

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 65 x 35

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,508 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 45003090016301

Community Details

Overview

  • 2 Units
  • Municipal Park Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,537

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 4.00
  • Year Built: 1922
  • State Equalized Value: 55300.0000
  • Year Renovated: 1922
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2558
  • Sq Ft Lower Floor: 1050
  • Total Sq Ft: 1508
  • Sq Ft Total Bsmt: 1050

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 65
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Lincoln Park

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 65 x 35
  • Parcel Number: 45003090016301
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 1257.0000
  • Tax Amount Winter: 280.0000
  • Total Tax: 1537.0000
  • Taxable Value: 26278.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • 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
Jul 25, 2024
Closed on
Nov 8, 2024
Sold by
Newton Mary and Gerbo Brittany M
Bought by
Kaid Estates Inc
Seller's Agent
Stacy Bazman
Century 21 Curran & Oberski
Buyer's Agent
Jillian Striz
Century 21 Curran & Oberski
List Price
$139,900
Sold Price
$112,500
Premium/Discount to List
-$27,400
-19.59%
Views
651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.45%

Purchase Details

Closed on
Feb 14, 2008
Sold by
Us Bank Na
Bought by
Newton Lance A

Purchase Details

Closed on
Aug 1, 2007
Sold by
James Tisha
Bought by
U S Bank Na and J P Morgan Mortgage Acquisition Corp 200

Purchase Details

Closed on
Jul 17, 2000
Sold by
Mit
Bought by
Lulgjuraj Gjoka
Source: Public Records

Similar Homes in the area

  • 1524 Fort Park Blvd, Lincoln Park, MI 48146

    $155,000

    • 4 Beds
    • 2 Baths
    • 1,872 Sq Ft
    • 1524 Fort Park Blvd
    • Lincoln Park, MI

    ?? 1524 Fort Park Blvd, Lincoln Park, MI 48146Investor Special: Fully Tenanted Duplex in Lincoln Park!Welcome to a turn-key duplex opportunity located in the heart of Lincoln Park. This solid two-unit property offers consistent cash flow with stable tenants already in place, a valid rental certification through 2026, and minimal overhead for new ownership. Whether you're expanding

    Tim Moore Zest Realty LLC

    Section Image
  • 617 Cleophus Pkwy, Lincoln Park, MI 48146

    $149,900

    • 4 Beds
    • 2 Baths
    • 1,806 Sq Ft
    • 617 Cleophus Pkwy
    • Lincoln Park, MI

    Investment Opportunity in Lincoln Park! This updated Investment offers two units, each providing comfortable living spaces and promising steady rental income in a sought-after neighborhood. A true must see with exquisite updates. This duplex is near schools, parks, shopping centers, and dining options, don't miss out on this chance to capitalize on the thriving real estate market in Lincoln Park!

    Nathan Loranger Synergy Realty Group

    Section Image
  • 4634 8th St, Ecorse, MI 48229

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 4634 8th St
    • Ecorse, MI

    Incredible opportunity for this 2 unit income money maker in Ecorse located on the border of Wyandotte and close to the Detroit River!!!!. Live in one unit and rent out the other or rent out both units for a steady cash flow and great return. Certificate with the city as of October of 2024. Huge two bedroom units that have had numerous updates completed to each including newer roof, windows,

    Scott Gailey Scott Gailey

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $112,500 None Listed On Document
Deed $22,000 None Available
Sheriffs Deed $68,250 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,800 Fannie Mae Freddie Mac
Previous Owner $25,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $194,900 +2.6% $129 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $189,900 +68.8% $126 / Sq Ft
11/08/2024 11/08/24 Sold $112,500 -19.6% $75 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $139,900 -- $93 / 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 $2,558 $101,800 $0 $0
2023 $1,257 $55,300 $0 $0
2022 $1,459 $50,700 $0 $0
2021 $1,426 $45,400 $0 $0
2020 $1,413 $33,800 $0 $0
2019 $1,137 $27,900 $0 $0
2018 $1,032 $22,900 $0 $0
2017 $701 $22,600 $0 $0
2016 $1,322 $22,700 $0 $0
2015 $2,240 $22,400 $0 $0
2013 $2,400 $25,000 $0 $0
2012 $1,629 $25,800 $7,000 $18,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240054025

Realcomp

APN: 45-003-09-0016-301