NOT LISTED FOR SALE

1561 Ferris Ave Lincoln Park, MI 48146

Estimated Value: $152,000 - $174,000

-- Bed
-- Bath
912 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 1561 Ferris Ave, Lincoln Park, MI 48146 and is currently estimated at $166,967, approximately $183 per square foot. 1561 Ferris Ave is a home located in Wayne County with nearby schools including Raupp Elementary School, Lincoln Park Middle School, and Lincoln Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Alcorta Jesus A
Bought by
Alcorta Briana
Current Estimated Value
$166,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$120,198
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$46,769
Source: Public Records

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.

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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.

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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.

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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.

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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
Alcorta Briana $130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcorta Briana $123,500
Source: Public Records

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 $1,596 $87,400 $0 $0
2024 $1,596 $79,900 $0 $0
2023 $1,386 $63,000 $0 $0
2022 $1,642 $53,500 $0 $0
2021 $1,605 $47,000 $0 $0
2020 $1,590 $42,000 $0 $0
2019 $1,256 $33,400 $0 $0
2018 $1,131 $27,900 $0 $0
2017 $889 $27,900 $0 $0
2016 $1,574 $29,700 $0 $0
2015 $2,910 $29,100 $0 $0
2013 $3,080 $31,500 $0 $0
2012 $1,893 $33,400 $6,800 $26,600
Source: Public Records

Map

Michigan Wayne County Lincoln Park 48146

1561 Ferris Ave, Lincoln Park, MI

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