NOT LISTED FOR SALE

1459 Fort Park Blvd Lincoln Park, MI 48146

Estimated Value: $181,000 - $192,000

-- Bed
-- Bath
-- Sq Ft
3,354 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $170,000

Est. 9% increase in value since last sale

Current estimated payment $1,218/month

2 Days on Market

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of March 2024

Investment Opportunity in Lincoln Park! This Investment offers three units, each providing comfortable living spaces and promising steady rental income in a sought-after neighborhood. This triplex is near schools, parks, shopping centers, and dining options, this property is sure to attract reliable, long-term tenants. Lincoln Park's low vacancy rates and vibrant community make it an ideal destination for investors seeking stability and growth. Don't miss out on this chance to capitalize on the thriving real estate market in Lincoln Park!

Last Agent to Sell the Property

Lee Marshall

KW Professionals License #6501426446 Listed on: 02/29/2024

KW Professionals

Last Buyer's Agent

Lee Marshall

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,763

Year Built

  • Built in 1923

Lot Details

  • 3,354 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Baseboard Heating

Community Details

  • 3 Units
  • Gross Income $27,540

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,763

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1923
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 3,354
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2763.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 165000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Sewer Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 3,354
  • Lot Size Sq Ft: 3354.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Income: 27540.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2763.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 22, 2024
Sold by
Marchand Ryan
Bought by
Shook Larry
Seller's Agent
Lee Marshall
KW Professionals
Buyer's Agent
Lee Marshall
KW Professionals
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Views
26
Current Estimated Value
$185,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,466
Avg. Annual Appreciation
3.99%
Original Mortgage
$127,500
Outstanding Balance
$125,912
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$53,800

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 16, 2017
Sold by
Jsr Funding Llc
Bought by
Marchand Ryan
Seller's Agent
Kathleen Bowles
RE/MAX First
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$77,228
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2015
Sold by
Treasurer City Of Lincoln Park
Bought by
Jsr Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,646
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2015
Sold by
Wayne County Treasurer
Bought by
Treasurer City Of Lincoln Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,646
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Lemons Raymond C and Lemons Betty J
Bought by
G & D Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Phung Helen
Bought by
Lemons Raymond C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2001
Sold by
Moore Donald D
Bought by
Phung Helen
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
Shook Larry $170,000 State Street Title
Marchand Ryan -- First American Title
Jsr Funding Llc $835,998 None Available
Treasurer City Of Lincoln Park $11,754 None Available
G & D Properties Llc -- Multiple
Lemons Raymond C -- Multiple
Lemons Raymond C $107,000 Multiple
Phung Helen $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shook Larry $127,500
Previous Owner Marchand Ryan $119,000
Previous Owner Marchand Ryan $77,228
Previous Owner Jsr Funding Llc $500,000
Previous Owner Jsr Funding Llc $1,044,646
Previous Owner Jsr Funding Llc $1,044,646
Previous Owner Lemons Raymond C $108,000
Previous Owner Lemons Raymond C $85,600
Previous Owner Lemons Raymond C $21,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $170,000 +3.0% --
02/29/2024 02/29/24 For Sale $165,000 +106.5% --
06/16/2017 06/16/17 Sold $79,900 0.0% $44 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $79,900 -- $44 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $2,481 $88,800 $0 $0
2024 $2,481 $74,300 $0 $0
2023 $2,356 $70,000 $0 $0
2022 $2,623 $56,500 $0 $0
2021 $2,561 $53,000 $0 $0
2020 $1,902 $38,100 $0 $0
2019 $1,503 $38,300 $0 $0
2018 $1,354 $33,400 $0 $0
2017 $965 $32,100 $0 $0
2016 $2,302 $31,600 $0 $0
2015 $3,090 $30,900 $0 $0
2013 $3,290 $34,500 $0 $0
2012 $3,548 $35,500 $4,900 $30,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lee Marshall

    KW Professionals

    (734) 476-0429

    1 in this area

    36 Total Sales

    Lee Marshall
    Section Image

  • K

    Seller's Agent in 2017

    Kathleen Bowles

    RE/MAX

  • N

    Buyer's Agent in 2017

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2017

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24009695

Southwestern Michigan Association of REALTORS®

APN: 45-006-04-0455-000

Michigan Wayne County Lincoln Park 48146

1459 Fort Park Blvd, Lincoln Park, MI

This home is located at 1459 Fort Park Blvd, Lincoln Park, MI 48146 since 29 February 2024 and is currently estimated at $185,466. This property was built in 1923. 1459 Fort Park Blvd is a home located in Wayne County with nearby schools including Lafayette School, Lincoln Park Middle School, and Lincoln Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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