NOT LISTED FOR SALE

1538 Empire Ave Lincoln Park, MI 48146

Estimated Value: $107,000 - $147,000

3 Beds
1 Bath
960 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $55,000 $57 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $889/month

Highlights

  • Ground Level Unit
  • Bungalow
  • Forced Air Heating System
  • No HOA

About This Home

As of March 2021

Tenant to provide DTE protection plan, tenant to pay one and a half security deposit. Two year lease minimum

Last Agent to Rent the Property

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 02/23/2021

Realty Executives Classic

Last Renter's Agent

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 02/23/2021

Realty Executives Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 1929

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x105.00

Home Design

  • Bungalow

Interior Spaces

  • 960 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Empire Heights Sub Subdivision

Listing and Financial Details

  • Security Deposit $1,800
  • Assessor Parcel Number 45001040203000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,568

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 1800.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1929
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 1360
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 960
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Frontage Feet: 1
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lincoln Park

Lot Info

  • List Price per Acre: 17142.8571
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X105.00
  • Parcel Number: 45001040203000

Multi Family

  • Length of Lease: 25-36 Months

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Sep 3, 2020
Sold by
Carson Ben and Secretary Of Housing & Urban D
Bought by
Federal Housing Commissioner
Seller's Agent
Joe Dakroub
RE/MAX Leading Edge
Buyer's Agent
Zena Dakroub
Realty Executives Classic
List Price
$80,000
Sold Price
$55,000
Premium/Discount to List
-$25,000
-31.25%
Current Estimated Value
$128,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,332
Avg. Annual Appreciation
17.96%
Original Mortgage
$56,322
Outstanding Balance
$49,982
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$78,350

Purchase Details

Closed on
Aug 9, 2019
Sold by
Michigan State Housing Dev Authority
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 13, 2019
Sold by
Martin Bria
Bought by
Michigan State Housing Dev Authority

Purchase Details

Listed on
Oct 6, 2017
Closed on
Feb 22, 2018
Sold by
Spec Green Homes Llc
Bought by
Martin Bria
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Keith Ferguson
Century 21 Curran & Oberski
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
May 21, 2015
Sold by
Tait Max
Bought by
Spec Green Homes Llc

Purchase Details

Closed on
Mar 24, 2011
Sold by
Tait Max R and Tait Kathleen A
Bought by
Tait Family Trust

Purchase Details

Closed on
Mar 23, 2011
Sold by
Tait Family Trust
Bought by
Spec Green Homes Llc

Purchase Details

Closed on
Jan 19, 2009
Sold by
Saad Ali and Saad Lori
Bought by
Tait Family Trust

Purchase Details

Closed on
Mar 7, 2007
Sold by
Mclemore Reginald and Mclemore Patricia D
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 2, 2000
Sold by
Lowe Karen R
Bought by
Mclemore Patricia D
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
Federal Housing Commissioner $55,000 None Available
Secretary Of Housing & Urban Development -- Servicelink
Michigan State Housing Dev Authority $57,000 None Available
Martin Bria $62,000 Fidelity National Title
Spec Green Homes Llc -- None Available
Tait Family Trust -- Minnesota Title Agency
Spec Green Homes Llc -- Minnesota Title Agency
Tait Family Trust -- None Available
Citimortgage Inc $54,500 None Available
Mclemore Patricia D $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federal Housing Commissioner $56,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Rented $1,200 0.0% --
02/25/2021 02/25/21 Under Contract -- -- --
02/23/2021 02/23/21 For Rent $1,200 0.0% --
09/10/2020 09/10/20 Sold $55,000 -15.1% $57 / Sq Ft View Prior Sale
07/29/2020 07/29/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $64,800 -10.0% $68 / Sq Ft
05/14/2020 05/14/20 Price Changed $72,000 -10.0% $75 / Sq Ft
03/25/2020 03/25/20 For Sale $80,000 +29.0% $83 / Sq Ft
02/28/2018 02/28/18 Sold $62,000 +3.5% $65 / Sq Ft View Prior Sale
12/18/2017 12/18/17 Pending -- -- --
11/30/2017 11/30/17 Price Changed $59,900 -7.7% $62 / Sq Ft
11/04/2017 11/04/17 Price Changed $64,900 -7.2% $68 / Sq Ft
10/06/2017 10/06/17 For Sale $69,900 -- $73 / 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 $2,568 $52,500 $0 $0
2024 $2,568 $49,300 $0 $0
2023 $2,000 $41,000 $0 $0
2022 $2,227 $34,400 $0 $0
2021 $2,174 $30,000 $0 $0
2020 $1,274 $27,100 $0 $0
2019 $1,006 $22,900 $0 $0
2018 $839 $20,700 $0 $0
2017 $642 $20,700 $0 $0
2016 $1,707 $20,700 $0 $0
2015 $2,030 $20,300 $0 $0
2013 $2,170 $22,700 $0 $0
2012 $1,838 $23,300 $4,700 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210009275

Realcomp

APN: 45-001-04-0203-000