NOT LISTED FOR SALE

1464 Morris Ave Lincoln Park, MI 48146

Estimated Value: $111,127 - $124,000

3 Beds
1 Bath
1,000 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $37,500 $38 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $693/month

18 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 4-minute walk to Zain’s Hill
  • No HOA
  • 1 Car Garage

About This Home

As of August 2015

Nice 3 bedroom home with updates. New carpet, paint and miscellaneous work recently done. Great starter home for a family. Available for land contract. 10K dwn payment. Terms negotiable. Furnace and hot water tank in the process of being installed.

Last Agent to Sell the Property

Mark Hutter

Detroit Investment Company License #6502372594 Listed on: 07/17/2015

Last Buyer's Agent

Hussien Abdallah

3DX Real Estate LLC License #RCO-6501374717

3DX Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 35x100

Parking

  • 1 Car Garage

Home Design

  • 1,000 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 45003100273000

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1000

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • 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

Lot Info

  • Lot Dimensions: 35x100
  • Parcel Number: 45003100273000

Tax Info

  • Tax Amount Summer: 1071.0000
  • Tax Amount Winter: 217.0000
  • Total Tax: 1288.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 27, 2015
Sold by
Mdpm Holdings Llc
Bought by
Coronel Salgado Beatriz and Salgado Leon Amelia
Seller's Agent
Mark Hutter
Detroit Investment Company
Buyer's Agent
Hussien Abdallah
3DX Real Estate LLC
List Price
$32,500
Sold Price
$37,500
Premium/Discount to List
$5,000
15.38%
Current Estimated Value
$117,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,282
Avg. Annual Appreciation
11.90%
Original Mortgage
$27,500
Outstanding Balance
$23,313
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Estimated Equity
$94,469

Purchase Details

Closed on
May 7, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mdpm Holdings Llc

Purchase Details

Closed on
Sep 9, 2014
Sold by
Firstmerit Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 10, 2014
Sold by
Jacobs Vicki A
Bought by
Firstmerit Bank National Association

Purchase Details

Closed on
Mar 28, 2005
Sold by
Cooke Agnes R
Bought by
Jacobs Vicki A

Purchase Details

Closed on
Sep 29, 2004
Sold by
Cooke Steve E and Cooke Agnes R
Bought by
Cooke Agnes R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2002
Sold by
Stanek James P
Bought by
Citifinancial Mtg Co Inc
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
Coronel Salgado Beatriz $37,500 Title One Inc
Mdpm Holdings Llc $11,200 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Firstmerit Bank National Association $112,676 None Available
Jacobs Vicki A $80,000 --
Cooke Agnes R -- --
Citifinancial Mtg Co Inc $56,942 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coronel Salgado Beatriz $27,500
Previous Owner Cooke Agnes R $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $37,500 +15.4% $38 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $32,500 -- $33 / 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 $922 $51,700 $0 $0
2024 $922 $43,300 $0 $0
2023 $874 $40,200 $0 $0
2022 $1,034 $33,500 $0 $0
2021 $1,012 $31,400 $0 $0
2020 $1,003 $23,100 $0 $0
2019 $792 $20,400 $0 $0
2018 $713 $17,600 $0 $0
2017 $585 $17,400 $0 $0
2016 $1,001 $18,100 $0 $0
2015 $1,780 $17,800 $0 $0
2013 -- $19,800 $0 $0
2012 $1,614 $20,600 $5,100 $15,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Hutter

    Seller's Agent in 2015

    Mark Hutter

    Detroit Investment Company

    (734) 469-4607

    1 in this area

    248 Total Sales

    Mark Hutter
    Section Image

  • H

    Buyer's Agent in 2015

    Hussien Abdallah

    3DX Real Estate LLC

    (313) 919-4044

    6 Total Sales

    Hussien Abdallah
    Section Image
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Map

Source: Realcomp

MLS Number: 215075289

Realcomp

APN: 45-003-10-0273-000

Michigan Wayne County Lincoln Park 48146

1464 Morris Ave, Lincoln Park, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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