NOT LISTED FOR SALE

15 Lincoln St Unit 21 Mount Clemens, MI 48043

Estimated Value: $329,000 - $412,000

5 Beds
5 Baths
3,363 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $170,000 $51 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,469/month

71 Days on Market

Highlights

  • 0.35 Acre Lot
  • 3 Car Detached Garage
  • 1-Story Property

About This Home

As of August 2014

Zoned Multifamily, Full Brick Ranch, Fronts Lincoln. 3 one bedroom units, laundry facility available in each unit. No appliances are available. 1 two bedroom unit. AC in each unit. Completely fenced, each unit has a rear patio. Tenants pay electric, landlord pays water. This property is all electric, no gas. Landlord charged $475 one bed. units, $600. on the 2 bed. Large detached Garage 24X36 located on the property, with a loft apartment or office. Need city approval. $560/Trash Pick Up Annual Fee

Last Agent to Sell the Property

Frank A. Bernabei

Frank Bernabei Real Estate License #MISPE-6504064888 Listed on: 03/26/2014

Last Buyer's Agent

Eric Broesamle

Next Level Realty LLC License #MISPE-6502412719

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 80 x 190

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Utilities

  • Window Unit Cooling System
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1111453008

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 5113
  • Total Tax Year: 2013
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Estimated Sq Ft: 3363

Exterior Features

  • Construction: Brick
  • Frontage: 80
  • Foundation Type: Slab

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage, Gar Door Opener, Heated Garage
  • Garage Spaces: 3

Utilities

  • Water: Public Water
  • Cooling System: Window Unit(s)
  • Fuel Type: Electric
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 1111453008
  • Lot Dimensions: 80 X 190
  • Acreage: 0.35
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2013, Amount: $4,039.12
  • Winter Tax: Year: 2013, Amount: $73.96
  • Taxable Value: 65263
  • Total Tax: Year: 2013, Amount: $5,113.00
  • SEV Year: 2013

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Mt Clemens Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Longaker Laura
Bought by
Walnut Creek Properties Llc
Current Estimated Value
$378,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$141,668
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$208,136

Purchase Details

Listed on
Mar 26, 2014
Closed on
Aug 27, 2014
Sold by
Meldrum Jody K and Meldrum Donna
Bought by
Longaker Laura
Seller's Agent
Frank A. Bernabei
Frank Bernabei Real Estate
Buyer's Agent
Eric Broesamle
Next Level Realty LLC
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$127,500
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Walnut Creek Properties Llc $340,000 Shores Title
Longaker Laura $170,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walnut Creek Properties Llc $255,000
Previous Owner Longaker Laura $127,500
Previous Owner Meldrum Donna $39,000
Previous Owner Meldrum Donna $61,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2014 08/27/14 Sold $170,000 -15.0% $51 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $199,900 -- $59 / Sq Ft
Source: Michigan Multiple Listing Service

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 $11,783 $184,200 $0 $0
2024 $11,551 $168,500 $0 $0
2023 $11,099 $145,300 $0 $0
2022 $6,463 $122,700 $0 $0
2021 $6,315 $116,400 $0 $0
2020 $6,068 $108,400 $0 $0
2019 $5,972 $94,700 $0 $0
2018 $5,858 $93,700 $0 $0
2017 $5,748 $83,993 $12,835 $71,158
2016 $5,721 $83,993 $0 $0
2015 $4,639 $71,580 $0 $0
2013 -- $63,815 $12,141 $51,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31185963

Michigan Multiple Listing Service

APN: 05-11-11-453-008